What Happened To Higher Oil/Gas Prices Moonbats?

J.J. Jackson* | January 10, 2007

Filed Under Liberals

So much for the “Bush is going to raise gas prices after the election” conspiracy moonbats who thought he was in cahoots with the oil companies to lower them leading up to the election.

LONDON (AP) — Oil prices fell about $2 a barrel Tuesday to their lowest levels in 18 months in a market expecting more mild weather and rising inventories in the United States.

Temperatures in the U.S. Northeast have been above normal this winter, curbing demand for heating fuels in the world’s largest heating oil market.

Market watchers are also looking for a rise in U.S. petroleum inventories in this week’s government report.
Light, sweet crude for February delivery on the New York Mercantile Exchange dropped $2.04 to $54.05 a barrel in electronic trading by afternoon in Europe. The front-month contract last closed below $54 a barrel in June 2005.

Well?

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