Oil rebounds on jobs report

[BettorsChat]

"The market is selling off because of the weak economic numbers out of the U.S.," said Tetsu Emori, commodity markets fund manager at ASTMAX Futures Co. in Tokyo. "Growth and oil demand is slowing in the U.S., Europe and Japan, and it's too optimistic to think emerging market demand will compensate for that."

http://money.cnn.com/2008/08/01/mark...l.ap/index.htm

[BettorsChat]

Maybe gas will come back down to $1.46 per gallon when the bafoon Bush stole the office.

[BettorsChat]

When President Bush took office on January 20, 2001, the national average gas price was $1.46 per gallon. Six and a half years later, on August 27, 2007, the national average gas price had jumped to $2.76, roughly 89% higher. Compounded annually, this represents about a 10% jump each year Bush has been in office.