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Politics : Politics of Energy

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To: longnshort who wrote (8789)	5/31/2009 8:50:31 PM
From: RetiredNow	Read Replies (1) of 86356

Have you heard of Peak Oil? Look. If you don't believe me that Bush was in the pocket of Big Oil then we can solve this once and for all. From 2001-7, Big Oil raked in half a trillion in profits. Let's see if they make that much from 2009-2015 under Obama. I bet all the preferential treatment oil companies got under Bush will come to a crashing halt under Obama. Oil prices may still go up, in fact, I do believe they will given that the dollar is collapsing, however, oil companies may not be as profitable since their sugar-Daddy Bush is no longer President. Does anyone want to bet that Big Oil will be just as profitable under Obama as they were under Bush? I'll take your bet.

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