Quote:
Originally Posted by brassmonkey
yeah right  |
http://www.nytimes.com/2009/06/09/business/09gas.html
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The price increase mystifies some analysts, who say that oil demand remains weak. According to the International Energy Agency, worldwide demand is down 2.6 million barrels a day from last year, mostly because of declines in driving and slower economic activity in the United States and other industrialized countries. Oil inventories are high.
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but then they say.... doesnt seem to mystifying to me since Obama already said he planned on making energy costs (which include gas) to sky rocket so people are forced to buy the cars he wants you to buy
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Experts who follow the auto industry see a silver lining of sorts in the rising prices. The government, which recently bailed out two of the three Detroit carmakers, is pressing the companies to build smaller, more fuel-efficient cars.
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