1 Litre of Diesel now costs £1.20 (about $2.5) here in the UK.
"K2NNJ" <k2nnj@[EMAIL PROTECTED]
> wrote in message
news:4812819e$0$15161$607ed4bc@[EMAIL PROTECTED]
> Fight Back Against Big Oil
> By Bill O'Reilly for BillOReilly.com
> Thursday, Apr 24, 2008
>
> So now we have the presidential candidates running around telling
> voters that they will help solve high gas prices. Well, if you believe
> that, you'll believe that Hugo Chavez drives a Yugo. It's just bull.
>
> Both Hillary Clinton and Barack Obama are calling for
> "investigations" into "price gouging" by American oil companies. Good.
> There's plenty of price manipulation going on and, under Presidents Bush
> and Clinton, little federal oversight. If a big oil company wants to
> tighten supply, for example, it's a snap. Just slow down the refinery
> process by ordering some extra "maintenance" or something.
>
> But who is going to investigate Senators Obama and Clinton over
their
> opposition to oil drilling? The Democratic Party has consistently
opposed
> new drilling, and nuclear energy as well. Even the dedicated liberal
> governments in France and Sweden bought into nuclear. But not the
American
> left, no way.
>
> On the Republican side, President Bush has done absolutely nothing
> about rising gas prices, which is part of the reason is approval rating
is
> approaching 20%. He blames the Democrats. Fine. But the President should
> be telling all Americans to cut back their gas consumption by 15%. He
> should be urging us to use less gas. That would at least cut into big
> oil's record profit margins.
>
> Senator John McCain proposes a gas tax "holiday" this summer. True,
> that would save the folks a few bucks, but it would also add to the
> massive spending deficit. The government better start balancing the
budget
> soon before Häagen-Dazs becomes more valuable than the U.S. currency.
>
> The sad truth is that both political parties have sold out the
folks.
> For decades, economists knew China and India were industrializing and
> those countries would demand much greater amounts of oil. Everybody knew
> that OPEC could slow down production and gouge the world if it could
and,
> of course, now it can.
>
> But if Americans would get angry and begin puni****ng the oil
bandits,
> then prices would drop. However, we are often a selfish people. We want
> those gas-guzzling Hummers and SUVs, and we're paying a big price for
that
> above and beyond the sticker.
>
>
>
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