Why Is Oil So Expensive?
Friday, May 16th, 2008 at
4:29 pm
Leave your comment
Many in Congress (mostly Democrats) would have us believe it is the oil companies and speculators driving up prices unreasonably. The truth is with China, India and other developing countries demanding more oil and gasoline world supplies are fast approaching the limit where demand is outstripping supply. When that happens, prices tend to move higher.















