~ Angry White Boy ~ » Blame the republicans for oil prices

Sep 03 2008

Blame the republicans for oil prices

Posted by AWB in Uncategorized

The republican guard that is.

The price of crude oil tumbled yesterday in the futures markets as the destructive force of Hurricane Gustav dwindled.

Traders are focused again on the weakening global economy and panicky behaviour is being detected within Opec, suggesting that some cartel members fear that the oil price could crash. The gloom in the commodities markets pushed the price of US light crude as low as $105.46 per barrel yesterday, a $10 fall. Iran, the most hawkish member of the oil cartel, called for agreement next week on a cut of 1.5 million barrels per day in output.

Could it be production and demand have something to do with oil prices? No, it’s the republican party, right? If this continues, what will the Obamasiah say next?

AWB

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This entry was posted on Wednesday, September 3rd, 2008 at 7:24 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Blame the republicans for oil prices”

tim zank says:

September 3, 2008 at 7:15 pm

The Obamasiah will will continue his blind screed proclaiming all profits (especially oil profits) must be redistributed to the deserving masses. Socialists do not change.

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