Talk about being right on top of current affairs...
A poll about Oil Prices is on the front page of Gallup.com today
A quick read of their piece (
http://www.gallup.com/content/?ci=11827 ) still suggests to me American's are not anywhere near as concerned about Oil prices as they once might have been.. People may be talking about driving less.. and it making a couple things harder... but i dont see people seriously suggesting Oil prices alone will kill the US economy... or car makers shutting down.. or anythign even similar to the panic of the 70's oil crisis... I wonder if that event scared Americans so much it has taken this long to get over it or forget.
Check this out...
Quote:
Reasons for Higher Prices
There is no widespread consensus as to why gas prices have risen. Twenty-two percent of Americans speculate that oil companies/big businesses want higher profits and 19% cite the war in Iraq, 9% say OPEC or Saudi Arabia is manipulating the oil supply, 8% attribute the increase to simple supply and demand, and 7% say it's politics.
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"9% say OPEC or Saudi Arabia is manipulating the oil supply" <--- this indicates to me Opec are soon to be a spent force.. they have traded on scaring Americans economically for decades!