Friday, December 18, 2009

Who do you really think is responsible for the oil price gluttonous Feeding on the World?

The Suppliers? The Producers? The Consumers Themselves?or the fact that it is on the Stock Market and gets bought and sold 50 times before it gets to the Refinery?Who do you really think is responsible for the oil price gluttonous Feeding on the World?
Politicians- Congress.


Why ?


1. It was just a speculation. It is proved by the recent market trend ( two months) ; demand / supply or rate of production of oil , have nothing to do.





2. Please watch - the close relationship among : Oil price, Gold price , $ value and stock market.


( Stock price has nothing to do with company performance or profitability , there is no positive relationship. Good or bad time - gamblers to make money - did you not hear ? this is the right time for investment in Stock and or property? For whom ? only rich )





3. Most of the consumer- items' prices shoot up with Oil price. Now whether , the consumer items prices are going down ? Is any one thinking to increase minimum wages rate ?


Most of the countries have adopted wage structure policy = Basic wages + linked with cost of index ( varying quartely). This may justify some what. Here it is fixed for years.








4. Financial crisis is the impact / effect of Oil pricing.





5. How one can believe that the congress / GOP/ government , with so many economists/ advisors could not sense that crisis is to hit all of us.. Nothing happens over night.





Don't you think , it is allowed knowingly ? or just careless or inefficient people ?





PLEASE WATCH , OIL PRICE WILL SHOOT UP, ONCE AGAIN FROM JUNE - JULY 2009 ; AS A RESULT OF COUNTER EFFECT OF ALL BAIL OUT/ FUNDING COUMPANIES.Who do you really think is responsible for the oil price gluttonous Feeding on the World?
I like to blame Bill Clinton and Al Gore. They pushed for the unfair trade agreements with China. That gave China a huge economic boost and led to an increase in the world demand for oil.





OPEC is actually responsible for limiting production to keep prices high so the sheiks can live like pampered brats.





The obstructionist democrat party in America contributes to the problem by putting much of our own oil fields off limits. Probably due to the taking of bribes from the rich elites.
We blame the oil companies. There is no one else to blame. They intentionally limited refinery capacity to jack up the prices. The fact is that there are millions of acres of untapped oil fields that have been leased to these same companies and not a bit of drilling is taking place.


I think the high price of oil is good for a country though. Companies start up because there is so much incentive for us to come out with renewable resources. People will pay a premium for electric cars that can travel a good distance without needing to be plugged in.


in time, the oil companies will only hurt themselves.
Jews

No comments:

Post a Comment