Its the OIL price stupid ! !

When would they ever get it? the Oil price as been escalating now since
Bush came to power and 2 weeks ago hit $100, when the price of oil hit that
high it affects everything else around it, first place you feel the pinch....
is at the pump.

The price of what you pay at the pump will forever determine what
we spend at the convenience store or save at the bank....period.
When it costs you $100 to fill your tank whereas it use to be $30,
you do the math.

Do these Brainiacs think people are going to spend on irrelevant
stuff as oppose to buying gas to get to work and back? I doubt that,
the faster they move to reduce oil price the better the economy
will kick start.

Until then, people are going to ECONOMIZE till the price of gas is reduced.


Giving people $800 and $1500 is just keeping us in the hole, and
where are they getting these money from I might ask? Someone has to
pay for this quick fix.....are they thinking about that.




:think:

n/t

in Cuba when their supply was severely restricted. It's going to happen one day - get used to it.

Buying this DVD and watching it would be a good start : http://www.powerofcommunity.org/cm/index.php

Over $30.00 bucks for half a tank in my wifes Taurus the other day. I couldn't believe my eyes.

Don

... whenever I get the chance to visit Europe. :grr:

an entirely energy based economy? There are no such things as "scarcity" in theoretical reality. Why do diamonds cost more than coal? Because vastly more energy must be expended to get a pound of diamonds from the ground than a pound of coal, the scarcity is just an abstraction. Nowadays with sufficient energy we could make all the diamonds we wanted in a LAB.

Energy == Money. So more expensive energy means dollars do less, period. I wish we could just cut out the middle currency of dollars and then we could realize that less energy means our economy has less to work with, and the same od processes will accomplish less.

A big part of the former $100 oil was speculation into energy stocks. That bubble is already bursting.

I think oil can drop to $60 or even lower.

before you can start seeing things getting back to normal, it has always
been the case, war and oil have always cause the economy to crash, the
sooner people get to grips with this theory, the better.

These wonderful economist can use numbers to persuade us, but it
still does not change the basic facts.

Oil doesn't have to be traded in U.S. dollars, and our leaders have made it very clear today they intend to blow this economic mess through the pipes by inflation.

Oil production has peaked, and what's left is more expensive to extract than the oil that came before it. The kind of Depression that would drive the price back down to $60 would be a horror.

its whats got us here in the first place, these manufactured lies,

just to scare people, Russia has oil, they have volunteered to

sell oil to US for $18-$20, what happened....powers that be

did not want invade Iraq based on same manufactured lies.

Its the scare tactics stupid!

Have you seen the US military bases overlayed with the oil producing areas? An almost perfect match. So what was the motivation of this "scare tactic" that so deeply fooled our military into going to these places? Why are we really invading Iraq if we have plentiful oil, being offered to us for $18 a barrel from Russia???

before the invasion of Iraq, but Bush et al where bent on making Saddam
pay for all the evil he has done to this world.

Oil was on the agenda, but they did not bank on the Iraqis destroying
the oil fields, Bush wanted to control the flow of oil, if you have
been on DU for as long as I have you would have seen all the literatures
on this issue. Unfortunately, I can't do a search to retrieve the info
for you.

If there was any stick-a-straw-in-the-ground-and-suck-it-up oil left nobody would bother with those super-expensive deep sea oil platforms, sour tar-like crudes, oil sands and such, would they?

Gulf of Mexico and the Pacific coast.

Last year, Chevron found an oil well in the Gulf of Mexico
that can produce 57,000 gallons a day from a 27000 feet deep
water, guess you didn't know that right.

Want to know how many company drilling off the coast,
did you know about Alaska and Florida bay...guess not
so go on believing the manufactured lie about oil reserve.

You have no idea!

Or a little bit of effort on your part to draw a rant from me.

No matter. Not so long ago you could get that much from California oil fields without getting your feet wet.

In February 1892 a well was being drilled in Adams Canyon near Santa Paula California using utterly primitive equipment. When they hit oil and gas the rig blew out and 60,000 gallons of oil a day flowed down Adams Canyon and into the Santa Clara River, eventually reaching the ocean. About 1.6 million gallons of oil was lost before they got the thing under control.

And that wasn't a big one. In 1910 the Lakeview Gusher spilled 3 or 4 million gallons of oil a day before collapsing.

The mere existence of these ridiculously expensive deep water production platforms is all the evidence we need to conclude this oil-based economy is doomed. Putting an oil platform in water that deep is an act of desperation, and no cause for celebration.

Between Iraq/Middle East policies, their war on the dollar/US economy, and violently anti-energy-conservation policies, the Bush Regime is the reason for a big chunk of the price of oil.

Just getting the right person in as POTUS would go a long, long way in stabilizing this mess. (And I still think Gore was the best hope.)

:kick:

"Giving people $800 and $1500..."
Come on now. "Giving"? How about "returning it to the rightful owners"? Shrub tried this a few years ago, claiming an early tax refund was a giveaway. No way! Just a "payday loan" on your tax refund is all it is. And most of us will use it to live on.
Economize! That's the ticket! As much as we can because we HAVE to! Dollars are not the answer as the gov't can print as many as they want. Good luck to all!
dumpbush :tinfoilhat:

is the word they used, semantics is their best friend when it comes to
fooling the American people.

Last year - $35 billion. Its the price of oil, yes, but its clearly also gouging.

Last month I paid over $600 for oil and I don't even put my heat up until evening.