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Oil Prices Drop $22 In a Week, GOP Screams "But We Haven't Started Drilling Yet!!!"

Submitted by Nick D on Wed, 07/23/2008 - 9:39pm.

So today, a barrel of light, sweet crude oil settled at $124.44 on the New York Mercantile Exchange, below $125 for the first time since early June and down more than $22 from its peak. 

Has there been some mass of drilling in the last two months that has suddenly kicked in and lowered prices? Of course not. What happened was people conserved.

Use Less. Waste Less. Pay Less. 

Conservation Works. Now all someone needs to do is convince the GOP, and we can being writing a real energy policy: Conservation Now, Alternative Fuels for the Future. 

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You got that right

Submitted by Pelikan on Thu, 07/24/2008 - 12:02am.
Over the past three weeks, U.S. fuel consumption is down 2.1%. In fact, right now we are at our lowest consumption, nationwide, since Jan. 2007. Posted on this earlier at:

Bloomberg Headline Says it All

Pelikan

www.clipsandcomment.com

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at the WMD blog

Submitted by walter66 on Sat, 07/26/2008 - 7:57am.
I suggested that a more accurate name for the republican sponsered American Energy Act would be Pennies for Americans, Billion$ for the Oil Companies. Matt banned me from the comments.
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