Monday, May 31, 2010

Oil and Gas Prices Going Up

They discuss the general trend of oil prices going up. This is before the great BP oil spill in the Gulf. Obama has shut down other off-shore oil rigs.

With less supply of oil, this means that prices will go up, even if only because we have to replace the domestic output with foreign sources. This is in addition to the general upward trend in oil prices.

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