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Politics : Don't Blame Me, I Voted For Kerry

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To: American Spirit who wrote (75513)4/16/2006 11:51:27 AM
From: ChinuSFORead Replies (1) of 81568
 
Investors who drive this economy are keeping an eye on oil prices. They are concerned about the price of oil reaching $70 per barrel in the upcoming week. If this happens, it is likely going to impact world economy significantly.

In times past, the US flexed its muscle in such a situation by releasing oil from its reserves and forcing the prices down. I wonder why Bush is not willing to do so? Have we lost that world leverage under this President? Are Arab countries collectively thumbing their nose at Bush and the US and BUsh as always is oblivious to that!!

I think it should be a no brainer. But again, with Bush you never know. He has consistently acted and decided on issues which is exactly opposite to what the people expected him to do.
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