Re: [St] George W

[John Ulizzi <jaulizzi@xxxxxxxxxxxxx>]

The price of a barrel of oil is set in a pit , usually
called the oil pit, somewhere either on Wall Street or
the CBOT. It's an area not much bigger than a good
sized bedroom...


--- Bil Swartz <bil@xxxxxxxxxx> wrote:

> John Ulizzi wrote:
> > That's really funny, but I will give you a serious
> > answer:
> > 
> > As much as I may dislike the general population of
> the
> > middle east and want to blame them for the current
> > price of a barrel of oil, they are not the ones to
> > blame. It is our big american oil companies that
> are
> > raising the bar and crippling our economy. Just go
> to
> > yahoo finance or anything similar and look at the
> > recent financial statements of any oil company.
> Record
> > profits. And why does our government permit this?
> > Because W and all his boys are oil men, thats why.
> We
> > dont have to put up with him much longer, but you
> guys
> > across the pond can still keep him for the
> duration.
> > That bastard has damn near ruined this country.
> > Absolutley the worst president in my liftime...
> > 
> > OK, this is an MC list so I'll shut up now...
> > 
> > John
> 
> I'm with J.G., you can keep him!  But not to
> perpetuate this thread, but I think 
> I read somewhere recently that "American Big Oil"
> only constitutes about 10% of 
> the world's oil, and they don't have any control
> over the price of the barrel as 
> that's set by OPEC.  True?
> 
> 
> -- 
> 
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