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Opinions & Letters July 13, 2008
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One more White House blunder

To the Editor,

I read an article a while back that keeps coming back to me. It is about the price of gasoline. I am sure that you can remember many instances in the past where Bush and Cheney, on television and in the press, have threatened Iran with the possibility of invasion if it does not give up its nuclear ambitions.

In return, Iran promises that any attempt at invasion, that they can and will greatly hinder, and will thereby reduce the flow of oil to the world.

On the surface, this seems to be just a silly argument between a couple of short sighted hardheads, and of course, the threat is fueled by Israel, which increases the possibility that threats may come to blows, in which case the price of oil will go out of sight.

I do not understand the stock market, and how betting on the future price of a product will cause its price to go up but word from the world's markets is that that is what has happened, and is the main reason that gasoline costs what it does today.

Believe what you will, but in my book, the price of gasoline today is in a large part due to just another blunder of our great Dictator.
Clesson Cook
Bath


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