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Old 04-29-2006   #1 (permalink)
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Racoon
Politically Incorrect


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OPEC and Oil Prices

Oil will go up in price.

Americans are already bitching.
Well guess what?
They are higher everywhere else in Europe and Americans have been spoiled for too long.

Iran war talk will raise the prices. Venezuelan politics will raise the prices.
I hope you didn't buy a gas guzzling SUV.

High oil prices are good for at least one thing. Alternative fuels

India and China will be demanding more oil, as they modernize.
The supply will only diminish. The prices will only go up.
Simple Supply/Demand economics.

What effect on politics do you think this will have??


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