LeoMcDermott's posts about:
News
See all posts with this tag
It's common knowledge (I believe) that the price of oil is based on
"futures." That is where investors decide where they THINK oil prices
should be- Correct me if I'm wrong.
http://useconomy.about.com/od/commoditiesmark
etfaq/f/oil_prices.htm
With
that in mind, and the fact that oil prices elsewhere in the world
aren't as high, (Yes, I know SOME are higher) doesn't the US, as a
world power and whose economy the rest of the world used to like to
base theirs on, realize that it's only best to keep prices low so that
it's people may become more prosperous?
http://en.wikipedia.org/wiki/Gasolin
e_usage_and_pricing
On
top of THAT, the Saudis (The people the left are convinced are having
their prices regulated by the Bush gas price lever located on the oval
office desk) are offering to not only set everyone straight on what gas
prices SHOULD be AS WELL AS offer people more oil so the prices can get
back to normal...
http://www.breitbart.com/article.php?i
d=080609171236.r6lvrx2s&show_article=11
Now,
with all that in mind, why don't we drill for oil here in the US,
places like ANWR, North and South Dakota and Montana? This would give
US the upper hand on oil and be able to tell Venezuela and Iran where
they can go with their threats against us.
http://www.nextenergynews.com/news1/next-ene
rgy-news2.13s.html