[Mb-civic] Oil hits $70
Harold Sifton
harry.sifton at sympatico.ca
Sun Aug 28 17:14:42 PDT 2005
This is just profiteering of the greatest kind and only because of Bush.
http://cnn.netscape.cnn.com/ns/news/story.jsp?id=2005082819160002930866&dt=20050828191600&w=RTR&coview=
There has been worse hurricanes before, wars etc and oil jumped just a bit, but under Bush, a hiccup sends oil up 2-3 % at a time.
Oil has tripled in the past 2 years, and it is not just India, China, or lack of refineries, it is just greed/profiteering, like Enron.
The Consumer is the sucker. OPEC can double it's output in seconds, Saudi says they can project to do 15 million barrels a day in 2050 !
The refinery issue can be solved in months buy building more if that is the case.
America is being played by Wall Street carpetbaggers and Energy Companies, an American thing a Bush Thing!! Wake Up and do something!!
The world suffers America's Corporate greed !!
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