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Keyword: energypirces

Kerry: Oil prices show Bush broken promises ('Halliburton's not feeling the pain')

09/30/2004 9:08:37 AM PDT · by presidio9 · 34 replies · 676+ views
AP ^ | Thursday, September 30, 2004

John Kerry said Wednesday the $50 per barrel price of oil reflects a broken promise of President Bush that will hurt average Americans. Bush said Iraqi oil "would pay for the war, but we know that those oil pipes are being blown up," Kerry said. "We know that $50 a barrel isn't as bad as it might get because analysts are now telling us that the price may go up to $60." Crude oil surpassed $50 a barrel for the first time this week, and analysts said prices could keep rising because of an increase in global demand, tight supplies...

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