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Born at the Crest of the Empire

Friday, June 27, 2008

7 years of talking about switchgrass.......

Certainly, George Bush is not solely responsible for ridiculously high oil prices, but still, the last seven years of denial policy are his.

(AP) "Oil futures shot above $140 Thursday after OPEC's president said oil prices could rise well above $150 a barrel this year and Libya said it may cut oil production....."

(AFP) "
The president of OPEC, Algerian Energy Minister Chakib Khelil, predicted Thursday that oil prices could rise to 150-170 dollars a barrel during the northern hemisphere summer."

PS. Maybe pushing baseless rumors about attacking Iran isn't such a good idea, you know? (An AP article recognizing the politics of the administration pushing the Israel poised to attack Iran story.)

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