It was only a year ago when the price of a barrel of oil surged above $140. Indeed, amid charges of oil price manipulation by greedy speculators, several leading contenders for the 2008 U.S. presidential race seized on the escalating petroleum price as a major campaign issue. Remember when senators Hillary Clinton and John McCain offered to eliminate Federal gas taxes as an inducement to desperate voters?
The Global Economic Crisis, emerging with full fury after the near collapse of the...
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