The Politics of economics… Or the Economics of politics.
Supply and Demand. When Demand out paces Supply Prices increase… What happens if say, demand decreases 15%? Why we just rig the game by reducing supply buy shutting down some of our refineries.
http://finance.yahoo.com/news/dis-united-states-gas-prices-182602059.html
No Worries. Americans are too stupid to blame the oil companies.
And, Big oil owns a political Party and a News Conglomerate and most of the Radio stations and newspapers.
Insert BP Commercial Here.
THe Oil Companies have our best interest at heart and thinking International Corporations are more concerned with their own bottom line then the US economy is just class warfare.
The idea that there are nature cycles of Boom and Bust, is about as silly as believing in the Tooth Fairy. These things happen, because the Corporations at the top of the financial system engineer them, buying up everything real cheap after they’ve made it go bust.
It is the truth. We could abruptly ban all imports of middle eastern and south american oil and prohibit sale of our own Alaska, Texas and the Gulf’s 3,500 plus wells’ oil flow to anybody but our own country and the prices would still wildly fluctuate in the tumultuous winds of the american political system with the evil and greedy speculators at the Chicago Mercantile Exchange (CME) and the New York Mercantile Exchange (NYMEX) resembling nothing more than a mosh pit with ties and dockers wearing idiots.
All contrived. All engineered as you so well stated.
Good blog!
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I read in a recent article in a local newspaper that GOP are blaming Obama..him alone…for gas prices….Republicans are just shooting themselves in the foot AGAIN…its getting boring now with their pathetic search for ways to disqualify Obama. Obama should just say OK..you know what..since its my fault I will just stop it and put a cap on it. The Republicans would sh@t..LOL! Colvin and LFTE said it all correctly. Its only matter of time we all will change to green energy for mobile purposes. If man doesn’t, mother nature will…HELLO!
Love yasss Roscoe..later. 😉