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Originally posted by postings
Careful there, Bush went bankrupt (if memory serves) trying to run his own oil business. If not bankrupt, he had some serious financial difficulties with it. Does he have more experience? Maybe . . . Is his experience? Questionable. Personally I think that the fact that Kerry doesn't have any connections (that I know of) to oil indicates that he would be a better president. Maybe he woudn't be as much a slave to those interests. I wonder what other interests he would be a slave of?
-P
Originally posted by Russian
If he will stop pumping oil into reserves and drops the price then the price will stay lower for a SMALL period of time only. Because the world is has hit its oil peak and now the oil producation will soon going to decline and if there is no oil in reserves then there will be no cushion for later double high oil prices.
www.abovetopsecret.com...
For more info on peak oil read the thread link above. I have a post there that explains everything in detail.
Out,
Russian