will the price of petraoluim and oil decrease without bush? (cheaper)
2007-07-06 07:14:58 · 12 answers · asked by john_tarachand 2 in Politics & Government ➔ Politics
Bush sets the price of OIL? I learn something from LIBERALS everyday!
2007-07-06 07:18:21 · answer #1 · answered by Anonymous · 2⤊ 0⤋
No, the prices are purposely set based on the production rates.
Which is why the oil companies are in no hurry to get Iraqi oil fields on line. They'll wait until the Saudi/Kuwaiti production drops off then they'll suppliment with the Iraqi reserves to keep the price stable.
2007-07-06 07:23:49 · answer #2 · answered by Anonymous · 1⤊ 0⤋
that seems a fair point about Bush not doing anything to start sending some of that Iraqi oil over this way. If he started doing that I think the Limbaughcans would at least have a crying chance at the white house.i forget...tend to forget, no one would get rich that way, let us keep paying sky high prices at the pump
2007-07-06 11:03:59 · answer #3 · answered by Rick O 2 · 0⤊ 0⤋
Yes, I think the prices will drop when Bush gets out of office and when the war ends.
2007-07-06 11:03:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
the price of oil is determined by demand........go look at everything on the shelves at Wal Mart that say made in China on them...then ask yourself where did the Chinese get the energy to make all this stuff, let alone ship it across the Pacific?
The price of oil has little to do with whether Bush, Reagen Clinton Carter or my dog Buckwheat is in the White House
2007-07-06 07:20:06 · answer #5 · answered by yankee_sailor 7 · 1⤊ 1⤋
Probably not. However, the price of gasoline is more of a factor of the oil companies and how much they release to the refineries, as well as if they put the refineries back to full production...which they aren't at this time.
2007-07-06 07:18:29 · answer #6 · answered by Mathsorcerer 7 · 1⤊ 0⤋
Are you kidding. With the libs (read dems) fighting exploration and development here, supporting the joker in Vensuala, opposing the war on terror in the Middle East, their "global warming" scam, and their need to increase dependance so they can increase control, This is just another of their "issues" where they do not want solutions.
2007-07-06 07:21:16 · answer #7 · answered by Anonymous · 0⤊ 1⤋
He's put in so many bylaws and regulations it would take Solomon to figure it out.
2007-07-06 07:19:24 · answer #8 · answered by naysayer 3 · 1⤊ 0⤋
No all the politicians have a piece of that pie. They are all making big bucks.
2007-07-06 07:17:31 · answer #9 · answered by Polilical conundrum... 6 · 1⤊ 1⤋
it all depends on who gets into office and how shrewd they are in foriegn negotations
2007-07-06 07:17:15 · answer #10 · answered by ggates1982 3 · 0⤊ 2⤋