, <b>The Fools Among Us: Oil Prices: Overreaction ... Do Ya' Think?</b>

Saturday, June 7, 2008

Oil Prices: Overreaction ... Do Ya' Think?


A record jump in crude-oil prices yesterday may have been an overreaction, Goldman Sachs Group Inc. Chief Economist Jim O'Neill said.


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While those of us at the bottom of the "barrel" suffer the reality of all the reasons given for the oil price increases over the past year, the insanity of statements such as this, whether true or hype, is unconscionable! If "HOT AIR" and "BULLSHIT" could fuel our transportation needs, the U. S. Congress would be a viable resource.