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2007-01-12 Home Front Economy

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Posted by Steve White 2007-01-12 00:00|| || Front Page|| [11132 views since 2007-05-07] Top

#1 How did Bush/Chaney/Halliburton let this get out of control? Anybody know to what the leftist loonies attribute the 'loss of control'?

Posted by Bobby 2007-01-12 07:20|| 2007-01-12 07:20|| Front Page Top

#2 Chavez and Putin fighting the imperialist invaders and championing the rights of the downtrodden everywhere with cheap gas?

Posted by bigjim-ky 2007-01-12 07:59|| 2007-01-12 07:59|| Front Page Top

#3 A couple of reasons. First when oil prices were going to $75/barrel, it was commodities traders who were stashing oil on every floating tanker to artificially decrease supply. Available storage ran out and with a mild winter decreased demand. In addition, a few weeks ago there was talk that the Saudis were gonna crash oil prices to put the hurt on Iran. That started the sell it or lose it stampede by the oil traders. Expect the Iranians to rattle sabers and attack Iraqi oil exports to try to raise prices.

Posted by ed 2007-01-12 10:10|| 2007-01-12 10:10|| Front Page Top

#4 Wouldn't low oil prices be a great time to start a new conflict in the MidEast?

That way, they don't rise toooo much? Maybe?

Posted by Anon4021 2007-01-12 11:25|| 2007-01-12 11:25|| Front Page Top

#5 Hokay, help me out here. Warmer temps have caused a reduction in the amount of fuel used so far this winter. But wait a minute, I thought that Algore said that CO2 emissions caused global warming, and since emissions have been less this winter, doesn't this mean that the earth should be cooling? Hmmm...inconvenient truth...bs...

Posted by ET 2007-01-12 14:28|| 2007-01-12 14:28|| Front Page Top

#6 It's obvious the prices are dropping because the Dumbocrats have taken power and put a stop to the profiteering by the evil oil companies.
(Sadly, I am sure many would believe this statement.)

Posted by Glenmore">Glenmore 2007-01-12 14:37|| 2007-01-12 14:37|| Front Page Top

#7 Meanwhile in Mexico, tortilla prices are rising rapidly, as corn production is increasingly diverted to ethanol.

Posted by Anguper Hupomosing9418 2007-01-12 20:59|| 2007-01-12 20:59|| Front Page Top

23:48 Mike N.
23:41 newc
23:40 Shieldwolf
23:32 newc
23:05 Frank G
23:01 trailing wife
23:00 Mike N.
22:49 trailing wife
22:40 Frank G
22:22 Procopius2k
22:18 Mark Z
22:17 USN, ret.
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22:04 DarthVader
21:54 Frank G
21:53 Alaska Paul
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21:23 Pappy
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20:59 Anguper Hupomosing9418