Saturday, January 27, 2007

Must Read IMHO

OMG! I can't believe how lazy I'm being, but really, truly, cross my heart, these are articles you need to see.
2006 was the year that oil prices came close to breaching $80 per barrel. This was despite the fact that there were no significant supply interruptions and oil demand actually fell in industrialized countries. That raises the question of what caused the spike.

It turns out there is good reason to believe that record oil prices may be due to our own strategic oil reserve, which the Bush administration may have been manipulating to drive up prices for the benefit of its clients. This is something Congress must investigate, and here is some preliminary evidence.

And you only thought they were screwing you over Iraq. Hahaha. Silly rabbit.

(read more)

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