drieuxster (drieuxster) wrote,

Oil Prices Tumble, Crisis Averted!!!

Hurrah!! Victory over the red socialists
Oil prices sank nearly $4 Thursday after the Chinese government said it would lift subsidies on gasoline and diesel in a move that could curb demand from the country's rapidly growing economy.

Light, sweet crude for July delivery was down $3.99 at $132.78 a barrel on the New York Mercantile Exchange in midday trading.

[ cf Oil tumbles as China lifts subsidies (emphasis added for comedic value) ]
Well, there you see!

The invisible foot of the market working it's marvels!!!

End Communist Domination of Red Socialist Dogma, and the prices are not longer artificially inflated.

Or that the overall demand drops to the market support level...

But that would mean that if americans were to demand less gasoline to waste in commuter parking lots, then the price would go down???

yada-yada-yada TERRORISM!!!

Thank GOD we have RoboBushCheney
They Shiney!

They Really
yada-yada-yada TERRORISM!!!
Tags: bushcheney2008, economics, war

  • Post a new comment


    default userpic

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.