Some housing market newspaper clippings from the last Iraq war

[carlislematthew]

Doesn’t that convert to about .65cents a cup for gas?

You certainly can’t buy water, coffee, etc for that price.

You can if you buy it by the barrel!

I think oil might be a *little* more expensive if it were distributed and sold in small plastic bottles.

[Wiley]

I don’t know. How much premium is there in a couple middleman, transporters, and refining. Take those out and bottle it (assuming there would be a market for crude oil) and I’d say it might be cheaper then bottled gas at this price.

Adjusted for inflation we’re still about $30 a barrell behind the last price spike.

[blahblahblah]

That’s kinda funny. At least Clinton wanted fair trade.

Free trade with a totalitarian communist country that has no respect for human rights, a country that uses slave labor, a country that killed peaceful protesters en masse at Tianamen? Yeah, Clinton was a big friend to democracy and human rights.

Anyway, my point is that by moving so much of our industrial base to China we have allowed the Chinese to grow their economy and now they are beginning to purchase and drive cars in large numbers. The original complaint in this thread was about the price of oil — increased Chinese demand is a bigger component to this than anything Bush has done. I’m no fan of Bush of course, but I don’t like to see him blamed for things he has no control over.

[Author]

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