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Old 08-14-2009, 07:35 PM   #1
loki
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Default Re: crude oil

Quote:
Originally Posted by forgop View Post
Obama's in bed with "big oil"?
*face palm* there are any number of things you can blame the boy king for but this isn't one of them. if you remember oil hit an all time high under bush I'm all for hating obama but ya gota pick your battles.

the price of oil is going down and gas is going up for any number of reasons, fudging the refinery margins, the in house brokerage firms messing with prices, ect ect ect
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Old 08-14-2009, 08:19 PM   #2
Ashcan Bill
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Default Re: crude oil

My personal opinion, with absolutely no hard empirical evidence to back it up, is it may have something to do with the government allowing the oil companies to merge, and merge, and merge again, until you now have a few vast monopolies that have driven the independents out of business. With Congress looking the other way, they can now fix prices at pretty much any level they want as long as they're generous with their campaign donations and can come up with some rationale that the media will buy.

Similar to the trusts from a hundred years ago that Teddy Roosevelt busted up.
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Old 08-15-2009, 10:07 AM   #3
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Default Re: crude oil

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Originally Posted by loki View Post
*face palm* there are any number of things you can blame the boy king for but this isn't one of them. if you remember oil hit an all time high under bush I'm all for hating obama but ya gota pick your battles.
Didn't stop the crybaby left from uttering the same nonsense when GWB was in office, despite the fact of having absolutely NOTHING to back it up.
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