The way I see what Bush is doing, is that you don't actually have to do anything to get the price of oil down, and it needs to come down now. Only need to make people think that you are going to do something. A side benifit to actually doing something. Beats what anyone else has done. If the investors that are speculating on the oil think the balance between supply and demand is going to change, they will sell on the rumor. Thats what investors do. They will find someplace else to put their money. Nobody has been able to do that so far. I just don't know how people are going afford heating oil this winter, and I feel sorry for those folks. The price of diesel fuel is $5 without the added competition of heating homes with it. My groceries are 20 percent higher in just a couple of months. Not the 5.5 the CPI says. These people on the margins won't have the money to buy oil this winter,and there are a ton of them. I have never voted republican ,but I liked what he did. Believe me, I am reluctant to give a republican credit for doing anything. My thoughts were of the Iranian hostages and how Reagan dealt with that situation. He didn't talk. Been done earlier and didn't help. The Iranians released the hostages the day he came to office because they feared nukeage. Gas prices need to come down now for America. Sorry list, for the content here today, but I am concerned for the Vanagon as it doesn't get good gas mileage. Wanted owners to maybe see a trend of lower gas prices coming. I think it will now happen, and I am glad. Lots of luck. |
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