03 November, 2004


The oil price absolutely dove in the past few days, going well below $50, simply on speculation that Kerry might win. The logic being, I suppose, that a Kerry win implied stability in the Middle East and Iraq, and thus a more secure oil supply. The Bush win immediately pushed it back up to $51, and no doubt it will go up higher. It's ironic, since Bush is ostensibly fighting a "war for oil", and he and his gang are known as "oil men". Unfortunate that his best intentions are waylaid by the fact that he's a total cockhead.

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