The Triple Play: Oil Addicts, The Credit Crunch and Deflation [View article]
Well said Mixter. If any other industry would have lost 600,000 jobs, there would have been an uproar. Big Oil (and Little Oil) invest huge amounts of capital, employ hundreds of thousands of people and support millions of investors/shareholders... Those goofy Senators should have been kissing the feet of the oil exec's in front of them!
But, the fact that almost 50% of the people in the US voted for AlGore and will probably vote for the Marxists running for president reallys shows that a huge percentage of the US voters are clueless and ignorant to basic business acumen. Ye reap what ye sow. No drilling offshore East/West Coast or ANWR, $5/gal gasoline. No big surprise!
The Triple Play: Oil Addicts, The Credit Crunch and Deflation [View article]
But, the fact that almost 50% of the people in the US voted for AlGore and will probably vote for the Marxists running for president reallys shows that a huge percentage of the US voters are clueless and ignorant to basic business acumen. Ye reap what ye sow. No drilling offshore East/West Coast or ANWR, $5/gal gasoline. No big surprise!