[quote]Wreckless wrote:
FormerlyTexasGuy wrote:
jehovasfitness wrote:
Kind of weird how Bush is about to be out of power prices drop like a rock. hmmm, no one has mentioned how someone who has deep oil ties causing highest oil prices to date…
If Bush is pulling private price strings, it has nothing to do with his presidency. Oil and the Whitehouse are two seperate entities. He did not pass any legislation causing oil price spikes. In fact, he used the position to negotiate lower prices through the Saudis.
Attacking Iraq dropped supply immediatly, and the Iraqi oil export went back up very slowly. That probably kickstarted the whole thing.
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No it didn’t.
