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View Diary: Exxon CEO: Oil Price is 9x Higher than Production Cost (75 comments)

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  •  Delusion (2+ / 0-)
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    doc2, VClib

    Everyone wants someone to blame. The idea that global supply and demand for oil is driving prices (and making people's lives miserable) instead of shadowy rich people is complete anathema.

    The rich surely have some part in all of this, but tell your average middle class person that they are going to have to give up their house in the suburbs and car and see what kind of objections ensue.

    (-5.50,-6.67): Left Libertarian
    Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

    by Sparhawk on Mon May 23, 2011 at 09:03:14 AM PDT

    [ Parent ]

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