Friday, June 20, 2008

Black Gold, Texas Tea

Well folks, it is now time for what has become a daily rant about the price of oil, gas and everything associated with the two aforementioned products. Yesterday the price of oil actually fell to roughly $132 a barrel, and they called that a sharp decline. It hinged on the news that China would be lifting its subsidies for gas, or oil, or whatever it is they subsidize (look ma, I used the word subsidize). Good for us, right? No, because today oil rebounded because all those bastards, I'm sorry, investors, saw this as a good opportunity to buy. Yeah thanks a lot guys. You suck! What I don't understand is that they see how this is affecting the global economy and they don't sit back and think, "well, maybe we should pause in trying to get the price of oil up." Why, because they're greedy and looking to make a buck. You know it's bad when even Saudi Arabia is thinking the price of oil is too high. I hope the price of oil tanks and all you investors lose your shirts.

Not that I'm bitter at life.sa.laugh@hotmail.com.

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