I guess Bush has learned from the past! When Reagan did a similar thing, oil prices plummeted! Supply and demand!!
ABC News: Bush Nudges Congress, Lifts Oil Drilling Ban
I guess Bush has learned from the past! When Reagan did a similar thing, oil prices plummeted! Supply and demand!!
ABC News: Bush Nudges Congress, Lifts Oil Drilling Ban
He should have learned more from Pres. Reagan.
Yes, and if we're going to talk about correlations between political statements and price of oil that $17 almost makes up for the Iran-related hikes. Just lift the ban for drilling in the oval office and we'll be back to $1/gallon.
Please watch the jib jab video in the upper right hand corner of the link as well... it will be worth it.
Who...me?:w Just a pleasant little detour, after all its all about change! You ought to PM it to billy jeff with a big";"
lower price is better. if you're one of those who say it's better to have a high gas price in order to force new innovation, please send your gasoline savings to me as they come. pm me for my paypal
George W. Bush apparently left the recent G-8 summit with a "Goodbye from the world's biggest pollutor," and a fist in the air. That, along with him singlehandedly lowering the price of oil by $17 makes him, in my books, better than the first George.
I just pray the Iranians aren't making nukes, I pray that the Israelis don't start a conflict, and I pray the United States does not become involved because then this precious $17 is going to be lost. I think. We should have a policy of appeasement towards communists in the Latin world and fascists in the Arab world because cheap energy will do the world better than puppet democracies and temporary human rights.
Anyways, B4TT! Bush for a third term! If Chavez can try it, THEN SO CAN WE! POWER!!!
Oil is down by another 5 dollars per barrel today! This brings oil down 10% from its peak of 149 dollars (give or take a few pennies) just before Bush made his speech!