Thursday, June 4, 2009
The slick side of oil companies
It seems that the world is now falling into a new oil crisis, appartently we have "used" up all the cheap oil and now finding and refining oil will become more expensive, oil prices predicted to jump well over $100/barrel. Gas prices will make it more difficult to drive anywhere, except to the bank to get the gas cash. These same oil companies that were crying when prices were low, still had huge profits, now that the "artificial collapse" of the economy is turing around, they can be happy with the thoughts of record profits again...........thanks to the screwing of the public once again. There is oil, there will always be oil, certainly in my lifetime...........but the oil giants needed a new catch phrase to justify the increase in oil.
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