Thread: $139 a barrel!
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Old 06-06-2008, 04:01 PM   #17
arsenal
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Quote:
Originally Posted by GoinAllTheWay View Post
Found this little gem in ken0042 link in his first post:
Ok, why has nothing been done about this?
Because it is not in their best interest to do anything about it. As the price of oil ever rises, so does their GDP.
Until they figure out they will get more money for more production, but then that will lead to more supply and less demand, thus reducing the price.
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