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Originally posted by LeeNoga
They blame the NE blackout and of course the Arizone pipeline thing...its $164.9 in Florida for the 87 Octane.
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Anything they will say ... Maybe still 9/11 ....
But maybe consider this:
Quote:
In that southern US state and in neighbouring Texas lie huge salt-lined caverns that house America's strategic petroleum reserves. After 11 September 2001, President Bush said he wanted to increase the oil in the reserve from 600 million barrels to 700 million barrels by the end of 2005.
This huge cache of black gold would serve as emergency stocks should any unfriendly country choose to halt exports, or should there be a repeat of Venezuela's political turmoil, which hoisted oil prices above $35 in December.
Then President Bush stopped adding to the reserve to alleviate pressure on the oil price. In May, he turned the taps back on again and the US administration has been paying top dollars - of more than $30 a barrel - for 11 million barrels of oil. Democratic senator Carl Levin accused the Bush administration of foisting high oil prices on the world.
'This administration's actions to fill the [reserves] regardless of the price for oil available to the commercial sector, is a major reason for these high prices,' Levin said in a letter to the US Energy Secretary, Spencer Abraham.
http://observer.guardian.co.uk/busin...028320,00.html
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Don't forget. The whole hawk administration is swiming in oil ...
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I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....
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