- Location
- Wasatch Range
Something doesn't add up here.
First, let me say that I never doubted Obama's citizenship status, so I could care less about this birther crap.
What doesn't make sense to me is why release his BC now?
His speech today was more blah, blah, blah.......really, you care about the escalated price of oil and are pressing OPEC to release more crude?
If this is true, that the volume of crude on the market will actually have an immediate effect at the pump, why not lift the domestic drilling moratorium so we can use American produced oil to ease the cost of energy?
In a down economy, with so much unemployment and reduced construction and travel, there is also the reduction in energy consumption, which creates a surplus of oil and subsequent lower prices at the pump.
Sounds dishonest to me, especially since the value of the dollar has more of an effect on the price of oil than supply fluctuations.
The Fed's decision to print more money and monetize the US Debt has had a direct effect on value of the dollar, causing the costs of all goods to inflate dramically, including fuel, which is required to produce and deliver everything we consume or purchase. :doh:
Obama's green energy policy REQIURES higher fossil fuel prices to justify it's existance. If gasoline is cheap, electric, solar, wind, biofuel don't make any financial sense.
Gonna be interesting to hear Bernanke press release, eyes wide open here folks, it's Weimar Republic time!
First, let me say that I never doubted Obama's citizenship status, so I could care less about this birther crap.
What doesn't make sense to me is why release his BC now?
His speech today was more blah, blah, blah.......really, you care about the escalated price of oil and are pressing OPEC to release more crude?
If this is true, that the volume of crude on the market will actually have an immediate effect at the pump, why not lift the domestic drilling moratorium so we can use American produced oil to ease the cost of energy?
In a down economy, with so much unemployment and reduced construction and travel, there is also the reduction in energy consumption, which creates a surplus of oil and subsequent lower prices at the pump.
Sounds dishonest to me, especially since the value of the dollar has more of an effect on the price of oil than supply fluctuations.
The Fed's decision to print more money and monetize the US Debt has had a direct effect on value of the dollar, causing the costs of all goods to inflate dramically, including fuel, which is required to produce and deliver everything we consume or purchase. :doh:
Obama's green energy policy REQIURES higher fossil fuel prices to justify it's existance. If gasoline is cheap, electric, solar, wind, biofuel don't make any financial sense.
Gonna be interesting to hear Bernanke press release, eyes wide open here folks, it's Weimar Republic time!
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