posted on Apr, 5 2011 @ 08:05 PM
Oil is traded in US dollars at this point. The US has a monopoly on this and is why we are not totally busted. The more money the Federal Reserve
prints out of thin air, the less it is worth..hence oil prices rise. Multiple wars and instability in the Middle East also cause the prices to rise,
as does the whole mess of who can drill where, "green" issues, fracking issues. Add to this the "peak oil" issue...and...it will just keep going
up. Energy and money go hand in hand...its why we are in Afghanistan, Iraq, Libya etc. 1000 people were murdered in Ivory Coast yesterday by
government forces. Will we provide military assistance? No. Why? No oil.