Monday, March 17, 2008

Oil Math

USA produces over 5 Million barrels of crude oil a day

Oil was under $20 a barrel when Bush came into office

Oil is now about $110 a barrel; a major cause is Bush's occupation of Iraq which has made the Middle East even more unstable than usual.

Do the math:

5 Million/day times ($110 minus $20) = how much are domestic crude producers gaining EVERY DAY thanks to Bush?

(Now, yeah, there are a lot of subtleties glossed over above, but they cut both ways. So don't quibble. Look at the fundamentals.)

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