Capitalism Works!

Yesterday, 7/14/08, George W Bush lifted the ban on offshore drilling.

Today the price of oil is $134.15. This price after a $6.44 per gallon plunge - the 2nd largest drop ever.

Here is an amazing show of how capitalism works. You show an entreprenuer that competition is on the way and BAM, prices drop.

But how is this for a thought. Let's pay the high price at the pump and hold off on drilling and let the Middle East use up all their oil. Then we could raise the price even more and sell to the rest of the world including the Middle East for a great profit - or keep it to ourselves, you choose.

Let's face it though, it is not prudent to have those that detest us be able to have a strangle hold on us. Drill Here, Drill Now makes sense!