Re: Oil smashes $75 barrier
I can think of three "no-brainer" reasons why gas prices are skyrocketing despite there being no *actual* shortage:
1. China is on a roll. Thanks to Wal-Mart and corporate outsourcing, China has most of the blue-collar manufacturing jobs that used to be in the United States.
2. Bush's tragically incompetent foreign policy makes the oil-producing nations both nervous and trigger-happy.
3. Way too many Americans are driving over-powered, "super sized" land-yachts that get 8-12 MPG. The speed limit's only 65 folks! How much power do you really need?!
Hope is like a candle held against the night. -------------------------------------------------------------- --> My Forums / Blogs / Logs / Webs <-- -------------------------------------------------------------- "Compassionate Conservatism": An American Oxymoron -------------------------------------------------------------- Confirmed Hypomiler. Road Rage and Jackrabbit Starts Forever!
|