Drill Drill Drill

nhboy

Ubi bene ibi patria
"This drill drill drill thing is tired, It's a simplistic way of looking for a solution that doesn't exist." (T. Kloza)
 

Vince

......
What nonothing doesn't tell you is that Kloza believes it's the speculators driving up the prices. He says that the demand is at it's lowest and refineries are closing up. I think the guy is full of it, but he's the chief oil analyst for the Oil Price Information Serviceone and a lot smarter than me. He says refineries are getting squeezed by higher oil prices and are closing up rather than operating at a loss. But if this is the case, why are we still importing oil?

Rising Gas Prices: Not Demand Driven - Businessweek
 
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