Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Rick Slemmer who wrote (298501)	9/19/2002 8:29:17 PM
From: Steve Dietrich	Read Replies (2) \| Respond to of 769670

Let's see: Karen said the Bush administration is top heavy with oil interests. You countered if that were so Bush would cut off many imports to drive up the price of oil I pointed out that many Texas/Bush/Cheney type oil companies make lots of money overseas. You respond, "If you want the price of oil to rise, you constrict the supply." But of course this eliminates so much of the money made overseas by oil interests in the U.S. and therefore would be bad for U.S. oil interests. Would you care to show how those losses would be offset by higher crude prices at home when most crude is extracted overseas? Furthermore it's the Al Gore type environmentalists who would really love to see the price of oil escalate and stay over $30 a barrel. As oil gets more expensive, conservation and alternative energy become much more cost efficient. That's why environmentalist want to tax oil until gas is as expensive here as it is in Europe. So considering this and how much money is made overseas by US oil companies, explain again how not driving up the price of oil by cutting off foreign supplies is evidence of Bush not serving oil interests. Your assertion is so silly and so poorly reasoned that i'm tempted to presume you're not serious. Steve