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Message from discussion Who benefits from high oil prices? Who doesn't?
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 More options May 17, 8:56 am
Newsgroups: alt.politics.bush, alt.impeach.bush, alt.politics.usa.republican, can.politics
From: 10x <10x@teluös.net>
Date: Sat, 17 May 2008 12:56:08 GMT
Local: Sat, May 17 2008 8:56 am
Subject: Re: Who benefits from high oil prices? Who doesn't?
On Sat, 17 May 2008 05:25:33 GMT, Roedy Green

<see_webs...@mindprod.com.invalid> wrote:
>Oil hit $128 a barrel.  Recall very recently it broke the $100
>"impossible" barrier.  Now it is almost a third higher still.
>One investment bank predicted it will soon hit $141.

>There is a vicious circle.  Speculators expecting prices to rise, by
>their hoarding cause it to rise.

>At the start of the Bush era, it was $22 a barrel.

Mr. Bush has increased the cost of the stuff that causes global
warming.  When hydrocarbons get more expensive, people use less and
conserve more.  
You can NOT burn unlimited hydrocarbons and call for reductions in C02
emssions.

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