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Oil Drops Below $70 After U.S. Reports Inventory Gain

Discussion in 'News & Current Events' started by Ps104_33, Oct 16, 2008.

  1. Ps104_33

    Ps104_33 New Member

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    Why are these "greedy" oil companies allowing the price of oil to fall like this and allowing us to have relief at the pumps? The democrats keep telling us that we are being gouged.What is goning on Nancy? Harry? Barak? Joe? Hello? Hello? Hello? Anybody home? Oh well. I guess Barak Obama had a heart to heart with Exxon-Mobil and straightened them out, right? Oh wait. It looks like OPEC is going to have a meeting and cut supply to get the price back up again.



    http://www.bloomberg.com/apps/news?pid=20601087&sid=aAtjcVbS2qFY&refer=home
     
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