07-03-2008, 10:01 AM
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Senior Club Cobra Member
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Join Date: Mar 2001
Location: Southern Connecticut,
CT
Cobra Make, Engine: SPF - 351W, 944 non-turbo
Posts: 2,105
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Not Ranked
Oil, like every other commodity in the world, is sold to the highest bidder. Even if we found huge amount of oil in Long Island Sound or in the middle of Arizona it would be sold to the highest bidder. It's no different than corn, iron ore, or bauxite. It's a free market! The god dammed Arabs are not obliged to sell us their oil at below market prices. The market price is the market price. If we, as a nation, want lower energy prices we should think about using less, something Washington rarely thinks about. We were warned 40 years ago that the good times could not last forever and they haven't.
Bob
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