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Re: OPEC and gas price
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Posted by Hermit on April 01, 2004 at 18:35:41 from (69.21.48.70):
In Reply to: OPEC and gas price posted by Will on April 01, 2004 at 05:28:39:
The problem is that Americans are too nice. We have helped numerous third world countries up to a second world status. That has increased a demand in their fuel requirements as their manufacturing capabilities and quality of life increased. Now America is competing with an increasing number of countries for the same oil supply. And if you have more bidders at an auction, all wanting the same item, the price goes up. It seems to me if we can use up everyone elses oil first then America will have the only oil left.
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