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


To: Steve Dietrich who wrote (298522)9/19/2002 8:42:26 PM
From: Rick Slemmer  Read Replies (2) | Respond to of 769670
 
Hi, Steve:

Would you care to show how those losses would be offset by higher crude prices at home when most crude is extracted overseas?

Seems simple enough to me. If the oil companies control 100% of the domestic product and they allow a lot less foreign oil into the US, doesn't that make their position more profitable?

Doesn't less product and static or rising demand drive the price up?

Open question to to the forum present: Do you agree with Steve that my assertion is so silly and so poorly reasoned as to tempt presumption that I'm not serious?

Rick



To: Steve Dietrich who wrote (298522)9/19/2002 8:57:31 PM
From: GROUND ZERO™  Respond to of 769670
 
He may be serious, but he's not thinking through his allegation... when Bush Sr. removed that lunatic from Kuwait, the price of oil went down, not up... if anyone actually profits from removing that Iraqi nut case it would be all the free world that depends of oil to drive their economies... sure, it's an oil issue, but not anything near the paranoid claim the DUHmmycrats allege...

GZ