Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
What struck me in that video was the threat from the oil company's executive that they would increase the price of gas so much, if congress did not beckon to the oil companies call, that $5 gas would look like a bargain. Can anyone say "extortion?"
What struck me in that video was the threat from the oil company's executive that they would increase the price of gas so much, if congress did not beckon to the oil companies call, that $5 gas would look like a bargain. Can anyone say "extortion?"
It's simple supply and demand. No supply means higher prices.
And she came right back and told him the oil industry would be socialized..er, er, um, um, taken over by the government.
What struck me in that video was the threat from the oil company's executive that they would increase the price of gas so much, if congress did not beckon to the oil companies call, that $5 gas would look like a bargain. Can anyone say "extortion?"
LOL, the oil company exec doesn't set the price of oil!
Oil baron: "Give us what we want or you'll think $5/gal is a bargain."
Yep...
Speaks for itself.
Hmm, I guess you ARE that obtuse...
Yes, unless demand for oil decreases (not likely) or supplies increase (as anticipated if we find/exploit new sources), it is simple economics that the price will go up. What about that don't you comprehend? Have you ever taken a course in economics?? This is a very basic concept, and I stress, VERY BASIC.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
