Comments on: Exposing The Big Oil Lie: ‘Drill, Baby, Drill’ http://wonkroom.thinkprogress.org/2008/09/11/big-oil-lie/ Mon, 23 Nov 2009 22:07:09 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: stateofthedivision http://wonkroom.thinkprogress.org/2008/09/11/big-oil-lie/comment-page-1/#comment-2250 stateofthedivision Thu, 11 Sep 2008 19:12:30 +0000 http://thinkprogress.org/wonkroom/2008/09/11/big-oil-lie/#comment-2250 No media sources have addressed the obvious disconnect between oil and gas prices in the second quarter of 2008 and falling demand. <em>OPEC said demand fell in April, May and June. <strong>Oil soared</strong>. U.S. drivers cut back mileage up to 5%. <strong>Gasoline went up 25%</strong></em> The supply/demand relationship did not bear out in fact during the second quarter. Yet, big oil's profits hit another record... No media sources have addressed the obvious disconnect between oil and gas prices in the second quarter of 2008 and falling demand.

OPEC said demand fell in April, May and June. Oil soared.

U.S. drivers cut back mileage up to 5%. Gasoline went up 25%

The supply/demand relationship did not bear out in fact during the second quarter. Yet, big oil’s profits hit another record…

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