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re: OT: Let's talk about oil/gas prices
Posted on 1/26/15 at 4:56 pm to Hawgeye
Posted on 1/26/15 at 4:56 pm to Hawgeye
quote:
When oil bottomed out in 2008, what happened to our economy?
what are you trying to suggest? because oil prices fell after the economy collapsed.
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Our country does not need to be dependent on foreign oil.
and would protecting the wild make us dependent? we're a net exporter now.
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They control the oil market all across the world. Oil cartels are worst than Mexican drug cartels
I agree. and the oligarchy/monopolization by OPEC is the reason oil prices have been so high for the past 5+ years. the market is at their whim, and they decided to keep output low and prices high until recently.
quote:
Sure they will, at some point. Until then, these families will be on some sort of government assistance until the jobs pick back up.
so to prevent americans from having to subsidize those people through taxes going towards government assistance, americans should subsidize all those jobs through (artificially inflated) higher gas prices. how about getting new jobs like all of the realtors who stopped making money when the real estate market crashed? why should they be immune from changes in the job market?
Posted on 1/26/15 at 5:11 pm to WaveHog
quote:
what are you trying to suggest? because oil prices fell after the economy collapsed.
Actually, no. Prices of bbl of oil had started falling in November of 2007. Had a rise in the middle of the recession, then bottomed out in January of 2009 at 36.51/bbl.
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and would protecting the wild make us dependent? we're a net exporter now.
Its not about protecting the wild.
quote:
I agree. and the oligarchy/monopolization by OPEC is the reason oil prices have been so high for the past 5+ years. the market is at their whim, and they decided to keep output low and prices high until recently.
Someone(US)needs to break away from OPEC. As we are now the leading producer of oil, I would anticipate that happening within the next three years.
We don't need $130/bbl, that's stupid. Im not suggesting that.
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