This is so far one of the best articles I've seen that explains oil prices and how and why they change. George Bush doesn't have a magic button. Oil barons don't set the price as they feel. It's plain old economics. Have a read and enjoy, then go for a drive.
Yes, and the impeding drop in prices.
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1 comment:
You know, it wouldn't matter if Ol' W had a magic button, we'd still buy it in the same quantities as before. The oil industry is a monopoly of sorts and we'll spend whatever is necessary to keep our daily routine the same.
But this is the same shit you've been saying for quite some time, without the stats.
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