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TheCynic
of Central, ME
I think I know where the Governor can find some savings in his budget...report abuse
Dec 1, 2008 7:12 PM
"The Governor's Office of Energy Independence and Security"???
I think I know where the Governor can find some savings in his budget...report abuse
weatherfreak
of Great Pond, ME
Exxon's profits have not fallen, however......report abuse
Dec 1, 2008 3:37 PM
OPEC has cut production a number of times since August. Each cut did nothing to slow the price fall. You gotta love it!
Exxon's profits have not fallen, however......report abuse
Solid
of Winthrop, ME
The Maine Enegrgy diretor is not wrong he is just cut and dry.report abuse
Dec 1, 2008 3:22 PM
The developing world depends on the US for production orders to fill, when we stop ordering they slow down on production of goods and make less money to buy new cars that burn gas. World demand is down.
The Maine Enegrgy diretor is not wrong he is just cut and dry.report abuse
PatsFan7
of Chesterfield, VA
Hello! This isn't due to falling demand. It's due to the credit crunch and the need for hedge funds to liquidate holdings. Speculators caused the run up in prices and they are the cause of the drop. You would think Maine's energy director would know that.report abuse
Dec 1, 2008 3:05 PM
"Energy Director John Kerry says the price decline is a result of falling demand for oil."
Hello! This isn't due to falling demand. It's due to the credit crunch and the need for hedge funds to liquidate holdings. Speculators caused the run up in prices and they are the cause of the drop. You would think Maine's energy director would know that.report abuse
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