Why artificially inflated crude prices are good.
Excerpt:If you've been reading Rock netroots for some time, this is what I have been saying all along. Except the "experts" in this article are half right, it's not the price of crude that was manipulated to exert conservation, but the price of gasoline. The tail has been wagging this dog for some time now and finally some experts “get it.” But they're still at least three years behind the curve. Prices of gasoline have been manually adjusted to increase the supply by limiting the demand. It has been priced to force some level of conservation on consumers to guarantee no physical shortages at the pump. This I believe was the rule for the domestic side of the "secret" Energy Task Force plan created by Dick Cheney soon after taking office in 2001.
Speculators are often blamed for artificially inflating crude prices, but some experts say high prices are needed to cut demand and develop new resources.
But I also now believe this has all changed since June of 2007 as new pressures from OPEC have recently developed outside of the Energy Task Force's control. Gasoline prices are no longer artificially inflated by the task force to keep demand flat with refinery production. The U.S. gasoline price threshold has been reached. Instead, oil speculators have been doing this for them since. Obviously, the loss of price control from within the Bush Administration is not welcome.
Here it is possible OPEC has decided to apply tit-for-tat economic pressure on the globe by slowly closing the spigot to coerce the U.S. military withdrawal from their lands. They have been doing this in the face of George W. Bush since the infamous "Mission Accomplished" banner flew in May of 2003. Despite an over-supply, Bush nearly begged OPEC recently to increase production only to be rebuffed. Their tone with America has changed dramatically since then. And why not? Our government does it all the time.
Clinton, Obama Stealing Voters Attention
After bashing Democrats for weeks because we don’t have our presidential nominee chosen just yet, Faux news channel commentators are now worried that because Hillary and Obama STOLE the national spotlight, McCain is losing ground.
This coming after bragging how Republicans have a huge jump start advantage over democrats because they have their nominee so early in the game. McCain should expand his advantage and pick his running mate now - don't stall. Just too, too funny. Gotta love it!
Which presidential candidate was ranked 894 out of 899 students in high school?
You know what? I have to give McCain credit for his achievements. I don't know of many others who have gone as far as he has while being so ..... He's a U.S. Senator and should remain a U.S. senator. Look what we had with a 'C' average for the last seven years.
Teachers Overpaid In Low Wage Communities?
Teachers Give Job prospects an “F”:
"Teacher pay is so low it's ridiculous," said Ron Clark, a teaching expert and author, who began his teaching career in rural North Carolina 15 years ago. Clark suggested an annual salary of $100,000…….
2 comments:
Do you really believe if we pull our troops out of Iraq – the price of oil will go down?
I think we have shown the world how valuable oil is by sending an army into Iraq. If we declare victory and pull out all combat troops and oil prices don’t go down – then I would think we have reached the endgame and officially have entered the post – peak oil period. No more guessing or blaming. It would be nice to know what stage the world is in with the global oil supply AND the real relationship we have with the Arab world. Pulling our troops out would call everyones “bluff.” My guess is oil prices would go down, but U.S. gasoline prices would only go down to the threshold price required to maintain enough pressure on demand to guarantee a steady supply. Since the war was never about oil, according to many, we don't have any oil to lose.
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