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Old 06-18-2008   #4 (permalink)
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Re: Gas Prices

It has to do with supply and demand. The demand in newly industrialized countries has sky rocketed while production has stayed about the same. The oil companies are making huge profits but this only to off set the future and current cost of exploration of new oil reserves.

The problem of high fuel cost is not going away. What we need to decide in the US is to elect a president that thinks that drilling new wells and continuing and expanding a war in the middle east is the solution {McCain } or push for alternative sources of energy { Obama } This is going to be the issue that Americans need to decide on in the next election.


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