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Originally posted by Benevolent Heretic
Originally posted by jsobecky
Cell phones are practically free these days. Electronics, medicine, etc., all benefit.
Why is oil different?
The supply of cell phones, etc is HUGE! Practically unlimited. If there were a limited amount of cell phones being produced, the prices would not be what they are.
Originally posted by Benevolent Heretic
Who is raising these prices? Who specifically?
Originally posted by Benevolent Heretic
If you can buy all the gas you want, then what's the problem?
Originally posted by Benevolent Heretic
Do you know where we get our oil?
Originally posted by Benevolent Heretic
Are you talking about stealing oil from Canada and Mexico?
Originally posted by jsobecky
The economy is on wobbly legs right now. Whether or not it is technically a recession is irrelevant. The main reason is the cost of oil keeps rising. Theretically, the cost could be at or over $200/barrel by the end of the year.
This is definitely a clear and present danger to our nation's security. I don't think you can argue that point. Even though bullets aren't being fired, the act of aggression is obvious.
Given that, what action do you think we as a nation should to solve this problem? Are we justified in securing what oil we need if prices do not fall to reasonable levels?
The amount of wealth leaving our country every day because of these high prices is astronomical. It is bleeding us dry; we cannot afford to let it continue.
Originally posted by jetxnet
One of NWO's objectives is to shrink and/or eliminate the middle class.
The best way to do that is by raising the price on a resource that everyone uses daily (at least most).
Mostly affected are NWO developed continents like Europe and North America.
Originally posted by jsobecky
The economy is on wobbly legs right now. Whether or not it is technically a recession is irrelevant. The main reason is the cost of oil keeps rising. Theretically, the cost could be at or over $200/barrel by the end of the year.
This is definitely a clear and present danger to our nation's security. I don't think you can argue that point. Even though bullets aren't being fired, the act of aggression is obvious....
Originally posted by jsobecky
reply to post by jetxnet
Europe is not as affected as the US, due to the relatively strong Euro.
Sorry if it sounded like I'm yelling. But you just made a point that is very important: we should be exploring in ANWR, off all coasts, in the Rockies, and everywhere else. That is in addition to building new refineries. As much as I hate gov't involvement, I would go along with gov't ownership of new refineries if that's what it took to get them financed and built.
Originally posted by ignaciobeltran
reply to post by mental modulator
Nice to see you. That´s correct.
We all should be looking for water. That´s the next level of emergency that´s coming in about 2 or 3 years.
Let´s forget about wars, and learn to share and cooperate.
Originally posted by mental modulator
Hey JSOBECKY - I took a natural resources geology class last year and I remember a formulation for determining oil deposits thats accurate to about 10% if I recall.
I also remember that the US has an estimated 3-5% of the worlds oil within its "jurisdiction" -- if you couple that with the fact that the US consumes 25% of the worlds oil... Unless technology advances quickly a domestic approach would only slightly dent the issue.
Anyways I agree with you that oil is a national security concern and I think speculation should be out tomorrow!
Theres always IRAQ...
Originally posted by jsobecky
reply to post by mental modulator
Originally posted by mental modulator
Hey JSOBECKY - I took a natural resources geology class last year and I remember a formulation for determining oil deposits thats accurate to about 10% if I recall.
I also remember that the US has an estimated 3-5% of the worlds oil within its "jurisdiction" -- if you couple that with the fact that the US consumes 25% of the worlds oil... Unless technology advances quickly a domestic approach would only slightly dent the issue.
Anyways I agree with you that oil is a national security concern and I think speculation should be out tomorrow!
Theres always IRAQ...
I'd have to differ with your figures. The shale oil reserves in the Rockies are enormous, and the exploration off coast should have big yields, as well as ANWR.
Also, natural gas is a largely unexploited resource, esp. in AK.
Originally posted by RevolutionNow
The problem for the massive recent hikes is inflation (which is a hidden tax, a way to loot the economy ) by the federal reserve.
Watch this 4 minute vid for details