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Old 08-07-2005, 12:58 PM   #10 (permalink)
bonehead
Senior Contributor
 
Join Date: 01-12-05
Posts: 1,913
I somewhat agree with you Highsea. The price of oil could have been slowed in its upward spiral. The price was bound to go up, but a near doubling in a few years proves there is more than simple "supply and demand" going on here. The bottom line is that when you have someone tied to the oil industry in offfice, he is going to look out for his oil baron buddies. I don't hear the excecutives at Texaco whining about the cost of oil. They just pass on the increases, and a little extra, to the consumers while the executives laugh all the way to the bank. We need to put more of our resources into exploring alternative energy now.
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