Thread: Crude Oil prices slide for second day
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Old 07-09-2008, 06:20 AM
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Paulitics Paulitics is offline
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I disagree with you guys. Most of the international community is on the edge of their seat waiting to see if we tangle with Iran. If we take military action against Iran, oil is going to skyrocket. Can you blame investors for being unsure about Bush and Cheney? I certainly can't.

I'm just not sure why an oil investor would want to leave their position right now. And I seriously doubt that just TALKING about the problems is going to change the price. Perhaps if we broke ground for some new oil fields and refineries, and people realized it was a SERIOUS effort, the market would respond. But just paying lip service to the necessary fixes isn't going to do anything. We've been hearing lip service for decades now.
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