Tuesday, January 30, 2007

I wonder

if all those people screaming bloody murder about record oil company profits would care to retract their statements now that oil is down $20-$25 a barrel since its highs. I heard on the radio this AM that crude is down to around $54/barrel. Is it possible, however unlikely, that the communists in the media and entertainment would recognize the basic economics of high prices when supply is scarce, low prices when it's not?

I didn't think so either.