Quote:
Originally Posted by 2006PSDSD
Think of it this way: if obama wants to spend like a drunken sailor, AND get reelcted, he has to get revenue from somewhere without raising taxes so high that people can't afford to eat. The government makes 45% of the profits from the gas and oil industy, enough said
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wanna explain that?
I'm callin BS untill you put up somethink to back it.
The price could very well go up simply based on the fact that a dollar bill is worth about 30% less than it was last year. 250 per barrel oil this year is equivelant to 175 a barrel last year.
Also China is consumming more oil that ever as well as India. All OPEC has to do is slow production and the price goes up. This has nothing to do with our economic woes....IMO