Lets not forget!
Word on Wall Street has it that Saudi Arabia's cost of oil (ready to ship) is $9.00 per barrel and its the cries of Drill, Drill, Drill heard here in the US that is behind their decision to Not reduce production even though the world market price is falling like a rock.
They hope the lowered price will take the political heat off our efforts to become energy self sufficient.
Now isn't that Democratic of them?
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