Prices At The Pump
May 30th 2009 00:24
Why are prices at the pump going up if demand is down and supply is plentiful? This is because investors and oil-producing companies are hoarding it for the global economic recovery. The OPEC voted to keep oil supply average in stead of helping consumers in this economic downturn, especially in the oil-consuming west.
I believe that that decision should be made not only by the exporters but also the importers. If oil companies can offer us relief in these hard economic times then they should be forced to by the UN or something like that. What they are doing is wrong.
~TNO
~TNO
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