Monday, February 28, 2011

Stocks: Ups And Downs

Anyone who has been paying attention to the news lately has been horrified by what is happening in Libya. It is tragic that violence, to try and control his people, has been used by Mr. Qaddafi. The unrest (revolution?) has caused major changes to the oil prices and to the stock market. Again, we are so dependent upon others for our oil that our prices for fuel have risen dramatically. I know there are people that do not want us to drill offshore (or onshore, for that matter) but we must be independent of the Arab oil. Doesn't matter what country supplies us over there it makes for a tricky situation. We have oil in our own country and should therefore be self-reliant. Those who state we should not drill should take a look in their garage. Is there a car there or a horse?

Cartoon provided by: Reader's Digest

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