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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (70455)	6/3/2008 3:42:36 PM
From: Cogito	Read Replies (2) \| Respond to of 541477

>>Rising power costs shock Fortis in Belize Electricity provider can't pass on price hikes<< BC - OK. Belize is a tiny country that is having problems paying for the current high cost of oil. But it's not that they can't get the oil. I posted a link earlier to a story about oil prices, supply and demand. It says: "Crude oil futures dipped below $127 a barrel Tuesday as investors sought to gauge whether oil prices have peaked, even as many worry that supplies are barely meeting growing global demand." Here's the link again: biz.yahoo.com Barely meeting demand is still meeting demand. There is no real shortage at this point. Speculators are driving up the price of oil because they fear there will be a shortage at some point in the future. - Allen