Sunday, August 31, 2008

Hurricane Gustav and the price of crude.

You know what's odd? When hurricane Katrina devastated the Gulf Of Mexico three years ago, we were primed by the news organisations for disastrous rises in the price of crude because it had ripped drilling rigs from their moorings, and damaged refineries along the gulf coast.
Gustav is right over the Gulf oil fields today, so shouldn't the same thing be happening?

Or was that all a load of bull designed to justify another year of record profits?

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