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Politics : Politics for Pros- moderated

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To: miraje who wrote (253816)6/11/2008 12:04:28 PM
From: Alan Smithee  Read Replies (1) of 793839
 
Blaming OPEC is stupid as well. The whole world wide story of oil and its derivatives boils down to supply and demand. Supply is banging into some strong headwinds and demand keeps growing. What's happening now with prices is simply Econ 101.

Unfortunately, a large segment of the population has never run a business and has no concept of basic economic principles. They' don't understand supply and demand. It's easier to blame the "evil oil companies."
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