British PM Brown: Global Oil Shock "Requires Global Solutions"

British PM Brown: Global Oil Shock "Requires Global Solutions"

news.yahoo.com

Prime Minister Gordon Brown warned Wednesday that the world faced an era-defining oil "shock" that required urgent action, as European leaders argued how best to contain protests over soaring fuel prices.
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"It is now understood that a global shock on this scale requires global solutions," Brown wrote in The Guardian newspaper.

Record oil prices of around 135 dollars a barrel have contributed to protests worldwide over the rise in fuel and food costs, with fishermen and truck drivers taking the lead in Europe, blocking ports and road access to oil depots.

"However much we might wish otherwise, there is no easy answer to the global oil problem without a comprehensive international strategy," Brown said, adding that the problem should be made a "top priority" at the EU summit next month and the gathering of G8 leaders in July.

"The way we confront these issues will define our era," he said.

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Dour British PM Gordon Brown, the most overt globalist in power today, makes a textbook call for a "global solution" to what he defines as a "global oil shock."

I'm shocked.

Of course he offers no solution, other than a blind appeal to globalism, as unrest and protest spreads throughout the EC.

news.yahoo.com
(visit the link for the full news article)

He could make a start by reducing the stupidly huge cut the Government takes from petrol prices in the UK to ease the problem short term and hopefully come to some kind of agreement with Europe to somehow address the problem long term with the EU.

reply to post by Knights


Here is a good video on oil pricing. Just adding to the thread.
video.msn.com...:tag:money_strategy:ns:MSNVideo_Top_Cat:mk:us: sf:ActiveStartDate:vs:0&from=MSNmoney_StratLab&tab=m1203617387287#