oil woes
Gas prices not affecting you? Think again. (http://www.msnbc.msn.com/id/15390209/)
This website helps to illustrate how essential oil is to the fundamental economy of the world. With OPEC acting as one of the worlds most powerful cartels by threatening to cutback production, President Bush is “asking” them to reconsider.
He is aware of how drastically oil prices affect the economy, by stating, “I would hope that the OPEC nations understand that high prices of oil could wreck economies.”
The massive increases in oil prices we have witnessed in the last year have had a massive impact on economy.
This website helps to illustrate how essential oil is to the fundamental economy of the world. With OPEC acting as one of the worlds most powerful cartels by threatening to cutback production, President Bush is “asking” them to reconsider.
He is aware of how drastically oil prices affect the economy, by stating, “I would hope that the OPEC nations understand that high prices of oil could wreck economies.”
The massive increases in oil prices we have witnessed in the last year have had a massive impact on economy.
posted by Kyle at 7:27 PM
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