just to fill up? lol
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gas prices! yay!...
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Originally posted by d0ugch0i View Postdamn bush..
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From Al-Jazeera
Energy prices: (taken from when VP Cheney met with King Abdullah
During his trip to Saudi Arabia in January, George Bush, the US president, urged the Organisation of Petroleum Exporting Countries to increase production, saying it was a mistake to have the economies of its largest customers slowing down as a result of higher energy prices.
The oil-producing nations ignored Bush's request and oil prices have risen above $110 a barrel.
In Iraq on Monday, Cheney noted that there currently is very little spare capacity in the global oil market.
He said the declining value of the U.S. dollar was putting upward pressure on oil prices as well as increasing demand for oil in China, India and in the oil producing nations themselves.
"You've got a situation in which we've seen the price of oil rise fairly dramatically in recent months, up now to over US$100 a barrel," Cheney said.
"But it reflects primarily the realities in the marketplace."
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