Friday, October 24, 2008

Oil is getting MORE EXPENSIVE!



Yes, it is happening. OPEC is limiting production to boost oil prices. Something smells fishy. Again, a simple case of supply and demand. We are a country that relies on foreign oil. Our demand went down due to the economic crisis so in order to keep up their revenue they just cut the supply. We still need it and they are still selling it, it is just going to get more expensive now. May I also suggest you look at the countries pushing for a cut in production. I'm just saying... something smells fishy. Eventually, people are going to have to realize that there could be a cheaper alternative to gasoline. If more people used diesel the price would fall. Most likely below the price of gas.

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