Wednesday, July 28, 2010

Are BHO and his secret Oil Buddies keeping the price of a barrel of oil high to help him get elected?

As an economist, to tell you the truth, the Oil Buddies would be happier than peaches if they could even nudge the price on their own, without reducing their own profitability. No, he does not have any Oil Buddies and the Oil Buddies, as much as they would like to, don't get to control the price of oil.

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