Oil Prices: Supply and Demand, Plain and Simple

By April 28, 2006Energy

Front page WaPo story about oil company profits, but — typically — more telling articles buried deeper within. Charles Krauthammer nails it –as usual– in his piece entitled, “Say it With Me: Supply and Demand“. (Has he been reading the blog….?) And finally in the front section, an article about how the Brits are paying $7/gallon for gas. We talked about that this week, too.

In the end, Krauthammer’s right. It’s supply and demand.

Click here to ask your elected representative what they’re doing to increase domestic supply.