Quote:
Originally posted by Neilk
gaijinda,
You forgot the "fear of terrorism factor" which I have read is adding up to $15 a barrel. You can blame that on Bush for creating a mess in Iraq.
In any case, our oil producing "friends" in the middle east are laughing all the way to the bank with oil at $54+ .
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You get an "A" for the day. Anyone who doesn't understand this is a dolt, or dishonest. The hurricane factors are insignificant compared to the instability in Iraq, (the heart of the Middle East oil pumping region) caused by Bush, period. And the real run-up would not have occured if they had managed the occupation in even a half-assed competetent way, it's because Iraq is now the most dangerous place on planet earth.
The current cost of fuel is a MUCH bigger threat to our way of life than all of the terrorism in the world combined. It is ironic, (but not really), that we have caused the current situation in Iraq. And it was, and is, craven incompetence and hubris that did it, the morons thought that it would be "a cakewalk", (Cheney's words), and that the flowing oil would pay for the entire operation.
Oh well, at least people in the oil business in Texas and Saudi Arabia are having one hell of a year.
The increased cost of fuel, (diesel @ $2.50 and rising daily), will cause rampant inflation very soon. Either that or every business and individual on earth is going to just have to get by on less and pay more in energy costs, like now.
