Wednesday, September 03, 2008

Oil Still Too High

SEARCH BLOG: OIL

Before we get too excited about the price of a barrel of oil dropping about $40 from its high this summer, we should remember that its current price is over 60% higher than this time last year... despite the world's economies slowing down dramatically.

Meanwhile, where is our Democratic Congress on the issue of increasing domestic supplies? Methinks that is still an issue this November.

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