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Old July 15th 08, 01:40 PM posted to rec.radio.shortwave
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Default Oil won't go above $360 / Barrell

Telamon wrote:

There is no shortage of crude oil. If we make more, they make less.
Price is controlled by value of the dollar as much as anything.



D. Peter Maus said there's so much of it that it's bubbling up out of
the ocean floor. In numerous places. Is he also a nut case?


Peter is correct about that.

And I'm not correct about the imagined shortage? We outsource
everything else; why not outsource the environmental degradation of
crude oil production?
 
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