Oil at record near $140 a barrel »
Posted By SunnyDays 3 months, 3 weeks ago in NewsThe price of crude oil has hit a new high of close to $140 a barrel in New York trade, despite Saudi Arabia agreeing to increase output in July.
Read Full Story at news.bbc.co.uk »
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gbilly08Comment removed: User banned.
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Edmar143 months, 3 weeks ago
This has absolutely nothing to do with Republicans or Democrats, independents or any other party politics. This is greed, plain and simple. The more oil Saudi Arabia pumps, the more oil the speculators and traders will have to run up their own profits. The price will not come down no matter how much oil is put on the market. When trading in oil futures and oil speculation on Wall Street is watched and regulated, then and only then will the price of oil drop to where the world market will seek it's own level in price. In case no one is noticing, we are living in a very greedy world.
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normallysilent3 months, 3 weeks ago
And done right after the words were barley out of the Sandi's mouthes about the increase in production.
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