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07-17-2008, 12:32 AM #1Usagi Yojimbo
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President Bush lifts Presidential ban on off shore drilling! Oil price drops $17
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
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07-17-2008, 01:43 AM #2Senior Member
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He should have learned more from Pres. Reagan.
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07-17-2008, 01:54 AM #3
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.
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The Following User Says Thank You to gugi For This Useful Post:
nun2sharp (07-17-2008)
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07-17-2008, 03:01 AM #4what Dad calls me
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Please watch the jib jab video in the upper right hand corner of the link as well... it will be worth it.
Last edited by nun2sharp; 07-17-2008 at 03:52 AM.
It is easier to fool people than to convince them they have been fooled. Twain
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The Following User Says Thank You to nun2sharp For This Useful Post:
JMS (07-17-2008)
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07-17-2008, 03:06 AM #5Usagi Yojimbo
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Are you trying to hijack my thread?
Originally Posted by nun2sharp
I loved it!!!
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07-17-2008, 03:45 AM #6what Dad calls me
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Who...me?
Just a pleasant little detour, after all its all about change! You ought to PM it to billy jeff with a big
It is easier to fool people than to convince them they have been fooled. Twain
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07-17-2008, 05:50 AM #7
He should have gone to the wizard of Oz for a new brain. Originally Posted by wescap34
Til shade is gone, til water is gone, Into the shadow with teeth bared, screaming defiance with the last breath.
To spit in Sightblinder’s eye on the Last Day
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07-18-2008, 01:04 AM #8Usagi Yojimbo
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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!
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07-18-2008, 01:25 AM #9Member
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Supply is not the issue - Speculators are driving the price not supply.
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07-18-2008, 02:23 AM #10Usagi Yojimbo
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And when you make an investment, don't you speculate? When you buy a house don't you speculate about the neighborhood? whether your children will be safe? How about when you buy a car? Isn't GE speculating and making investments in "green friendly" energy? Originally Posted by Cutthroat_trout
Evil speculators!
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