Actually, it ISN'T!!!!
It's because of HIS FAILED ECONOMIC POLICIES -- unless you are an oil company raking down billions in profits!!!!
But the MSM is going to play the "Cheney to the Middle East to strong arm oil producers," LIE!!!!
Truth is, Cheney going there to coordinate Iran attack!
"Falling dollar keeps pushing oil higher"
"By Associated Press | March 13, 2008
NEW YORK - Gasoline and oil prices extended their record-setting streaks yesterday, with gas at the pump reaching a high of nearly $3.25 and crude surpassing $110 for the first time.
The gains occurred as a weakening dollar led investors to shrug off an Energy Department report that crude oil and gasoline supplies jumped last week....
That's SUPPLY UP!
The dollar fell against most major currencies yesterday, including a record low against the euro.... Many analysts believe the dollar's decline is the reason crude futures have surged to records in 12 of the past 13 sessions, despite the fact that crude supplies have risen 10.2 percent since early January....
Translation: Bush is a FUCKING LIAR!!!!!
And it is HE who has WRECKED the DOLLAR, murkns!!!!!
Remember that when you are wolfing down that bowl of shit, will you?
For consumers also facing rising food prices and a drop in housing values, the dollar-fed oil rally simply means more pain at the pump. Analysts see little reason for the dollar to stop falling, or for oil and gas prices to stop rising, any time soon. And with gas prices certain to rise as the summer driving season approaches, consumers will be even more cash-strapped.
Even with more supply, blah, blah, blah, prices are going up anyway!
Aren't you TIRED of being LIED TO, 'murka?
Or is $40 BILLION in OIL PROFITS last year not enough?
BEND OVER, 'murka!!!!
In part, the dollar is falling in anticipation of another interest rate cut by the Federal Reserve next week. Lower rates tend to weaken the dollar.
Yeah, every time C(IA)NN and the Wall-Streeters about falling rates, we get FUCKED AGAIN, 'murka!!!
Pretty soon, you'll be able to wipe your ass with that worthless dollar!
The importance of dollar weakness to crude prices is reflected in the fact that oil's latest record was reached the same day the Energy Department's Energy Information Administration said crude supplies jumped by 6.2 million barrels last week, more than three times the 1.6 million-barrel forecast of analysts surveyed by Dow Jones Newswires.
Gee, SUPPLY is WAY UP, so WHY is the $$$ of OIL STILL RISING, 'murka?
What about SUPPLY and DEMAND?
The EIA also reported that gasoline supplies rose by 1.7 million barrels last week, well above the expected 300,000-barrel increase, and distillate supplies dropped by 1.2 million barrels, less than the expected 2 million-barrel decline."
And yet that pump price keeps going up.
How did that ass-screwing feel with your bowl of shit, 'murkn?
