I think we
> can expect the high oil prices to moderate over the next several
> months.
Well sure. It's an election year.
- posted
15 years ago
Re: China Drills for Oil in Gulf Related info
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- posted
15 years ago
Perhaps not this time. The republicans are trying to stick the blame on the democrats. If it looks like it is sticking, we can expect the oil prices to stay high. The oil companies are taking a risk by holding the capped off wells off the market. They are betting that it will be worth even more in the future.
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- posted
15 years ago
On a sunny day (Thu, 19 Jun 2008 06:22:27 -0700 (PDT)) it happened MooseFET wrote in :
That may be difficult, as Iraq comes online:
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McCain really wants 100 nuclear reactors by 2030, and presented a plan for 45.
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Oil bubble may go poof.
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- posted
15 years ago
Political prediction: John McCain will propose some scheme in late summer (go soft on big energy, get tough on big energy - whatever the polls predict will fly better). Oil prices will come down in October. McCain's scheme will be touted as the reason.