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The media is full of stories (that may be planed by Energy Companies) saying that the price of oil has gone up mostly due to supply and demand. Considering most of these news stories have a common slant and choice of words I suspect they were written by the public relations team at a oil company and then fanned out to a shill in the news media.
Please reply to my poll about why the cost of oil and gasoline has gone up so much. I know there may be many reasons, but please list the main reason.
Low refining capacity.
A wide variety of products that have to go to specific markets necessitating added costs of transportation.
Foreign control of raw materials and the monopolization of those same resources.
Aging infrastructure.
High operating costs.
Government regulation.
Artificial price points.
For some reason, they feel that by limiting supply, creating tensions with oil-drilling nations, sparking greedy speculators and Big Oil to band together, and allowing China to expand rapidly - that they can attempt to take over the world.
It's all because of those horrible Garden Gnomes.
((Psst. In all seriousness, it's the combination of all the above that has caused the prices to go up))
For some reason, they feel that by limiting supply, creating tensions with oil-drilling nations, sparking greedy speculators and Big Oil to band together, and allowing China to expand rapidly - that they can attempt to take over the world.
It's all because of those horrible Garden Gnomes.
((Psst. In all seriousness, it's the combination of all the above that has caused the prices to go up))
I say, throw those darn Gnomes to the Keebler Elves, let them take care of em....
and I agree, a combo of all of the above...
we should ask ourselves, perhaps? Who would profit most by this?
None of the above....
Our dollar is not backed by gold..
Our dollar is worth nothing and if our dollar was backed by gold the cost of a barrell of oil would be $3.86. This is value of the dollar not supply or demand right now.
None of the above....
Our dollar is not backed by gold..
Our dollar is worth nothing and if our dollar was backed by gold the cost of a barrell of oil would be $3.86. This is value of the dollar not supply or demand right now.
your right, to some degree, but why isn't our dollar worth anything...?
None of the above....
Our dollar is not backed by gold..
Our dollar is worth nothing and if our dollar was backed by gold the cost of a barrell of oil would be $3.86. This is value of the dollar not supply or demand right now.
Is this true? Can you give a detailed statement on this theory?
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