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Ya sheeple hold the power. In yer wallets. Ya boycott, and the gas station owners will be callin' the whyte house with all manner o cursin' and a swearin'. mark me words...arrrggghhh !
1.Economic recovery is on the way and with the increase in economic activity, demand for energy increases. Oil, sadly, is the means by which mankind has deemed to meet those energy demands.
2.We are in the era of peak oil : most economists predict that the $60-$80 range will be the median oil price for the next few years, gradually increasing as oil supply contracts.
3.Globalisation : means that supply and demand are in delicate balance.
4.Era of sustained cheap oil 2000-2007 is finished forever.
To end on a positive note.
The oil price increase has been largely unnoticed here in Europe because of our surging Euro.
Where in the h--- did I say he rigged the oil prices?
I never said that at all. Read it four or five time until you get it right!!
What I did say was Obama is rigging the economy to take away any available money people have. See his idea is if you are weak and need government assistance then you will be just like his bailouts and take them over and control their every move.
And by the way, why on earth would you even post that economic recovery is on its way? It only shows you have NO clue at all.
What part of the economy is recovering?
And can you answer why both Harry Reid and Nancy Pelosi ran in 2006 on the idea that they would go after big oil and drive those prices down.
Sorry to tell you but since they took over they have not dropped like ole liar Nancy said they would and see has of course not went after those bad oil companies.
Now, thank you for lame excuses, but the reason oil is rising is that the people with the oil KNOW that Obama wont allow us to drill our own oil and therefore that itself can cause the prices to go up.
If I was the oil people and seen Obama as the weak ass candy man who wont drill billions of barrels of free oil to drive the prices DOWN then I would raise them too!
With the dems running the show everything is going up and your paycheck is going down. Just what ObamAcorn and the dems want, so they can control the losers who depend on the government to wipe their a-- for them.
By the way, the US has more energy supplies then all of the middle east but the tree hugging wacko enviromentalist democrats wont allow us to use it.
Where in the h--- did I say he rigged the oil prices?
I never said that at all. Read it four or five time until you get it right!!
What I did say was Obama is rigging the economy to take away any available money people have. See his idea is if you are weak and need government assistance then you will be just like his bailouts and take them over and control their every move.
And by the way, why on earth would you even post that economic recovery is on its way? It only shows you have NO clue at all.
What part of the economy is recovering?
And can you answer why both Harry Reid and Nancy Pelosi ran in 2006 on the idea that they would go after big oil and drive those prices down.
Sorry to tell you but since they took over they have not dropped like ole liar Nancy said they would and see has of course not went after those bad oil companies.
Now, thank you for lame excuses, but the reason oil is rising is that the people with the oil KNOW that Obama wont allow us to drill our own oil and therefore that itself can cause the prices to go up.
If I was the oil people and seen Obama as the weak ass candy man who wont drill billions of barrels of free oil to drive the prices DOWN then I would raise them too!
With the dems running the show everything is going up and your paycheck is going down. Just what ObamAcorn and the dems want, so they can control the losers who depend on the government to wipe their a-- for them.
By the way, the US has more energy supplies then all of the middle east but the tree hugging wacko enviromentalist democrats wont allow us to use it.
US holdings of oil are minute compared to other regions :
Oil prices have increased because worldwide economic activity is increasing and oil is the energy sourced deemed to power that economic activity.
Globalisation ensures that the demand for oil has increased expotentially : more countries require oil than ever before : demand high = price high.
We are in the era of peak oil : demand will start to outstrip total oil supply from here on in.
Maybe the dollar being weakened has something to do with oil costing more. People still aren't driving as much in this economy. The "economic recovery" is not driving up the price of oil. Europe is still in a deep recession. At best we're getting mixed signals and have shown only slight improvement economically and that's mostly in the financial sectors. Nope, speculation and a weakening dollar. Those are the two main causes.
Dollar plunging while oil prices rising. You're doing a heck of a job Obama.
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