Comments on: Why the Oil Price Is High

By: Why Oil Price Is High - Fed Printed Way Too Many Dollars | Your Financial Guide

Thu, 24 Jul 2008 13:02:17 +0000

[...] the Federal Reserve is pouring out liquidity that is financing speculation in oil futures contracts.read more | digg [...]

By: mary keefer

mary keefer — Mon, 07 Jul 2008 02:52:20 +0000

The only thing that will help the American people get back on track is to throw out this greedy, corrupt administration and their appointees who are running our financial circumstances. Changes have been made in the last eight years that are crippling America. No, not the super rich America – just the tax paying regular America which the super rich are feeding off of now. Our blood has about run out.

By: Nodir Ruzmatov

Nodir Ruzmatov — Mon, 23 Jun 2008 19:31:08 +0000

1.Weak Dollar is one of the main reasons why Oil is getting expensive. All major US exporter countries sell OIL for dollar! As Dollar getting weak, they have to sell it at higher price! as the result, weak dollar pushes oil prices even higher!
2. US weak foreign policy
3. Bush and his administration wants OIL at high prices!

That simple…

By: JB

JB — Wed, 18 Jun 2008 00:46:41 +0000

You know – I must admit that until abut a couple of years ago I was totally ignorant (like the rest of the unwashed masses), and the more I learned about it and how it works – the madder I became.

But now the more I think about it – I must admit that my anger has been redirected towards congress – which created it and allows it to continue – and then – when you really think it through to it’s logical conclusion – that saying of “when you point a finger at someone there are 3 others pointing back at you” applies.

“we the people” are the ones who elect (and reelect) these buffoons. Like the infamous Pogo cartoon said – “I have met the enemy and he is me”.

By: ignorantmajority.com » Why Oil Price Is High - Fed Printed Way Too Many Dollars

Tue, 17 Jun 2008 13:36:30 +0000

[...] the Federal Reserve is pouring out liquidity that is financing speculation in oil futures contracts.read more | digg [...]

By: Hart

Hart — Tue, 17 Jun 2008 03:31:16 +0000

Hmmm, maybe we could just use LESS of this NON – Renewable resource. Maybe instead of spending more money drilling in fragile ecosystems so that we can drive SUVs with only one person in the vehicle, and so we can have entertainment such as NASCAR we can invest in alternatives as we should have done back in 1979 (or earlier).

“Big Oil” and George Bush, and McCain will say we MUST drill offshore and we MUST drill in the Arctic Wildlife Refuge. But guess what happens when we do- we will still run out of oil someday, but we will also have destroyed our environment.

Using price increases and scare tactics is the way some industries/people operate to get more of what they want (money).

“We must have more (oil, trees, fish, etc) to process or we will shut down this (mill, rig, port, etc) and (hundreds, thousands) of people will lose their jobs”. Sad part is, they eventually shut down operations anyway (with their pockets full) to rape and pillage another area. Man has been doing this for over 2000 years, wonder if we will ever get a clue.

By: Welcome Forex Traders!! » Blog Archive » Why Oil Price Is High - Fed Printed Way Too Many Dollars

Mon, 16 Jun 2008 09:23:10 +0000

[...] the Federal Reserve is pouring out liquidity that is financing speculation in oil futures contracts.read more | digg [...]

By: How high the cost of living? « Wondering & Pondering’s Weblog

How high the cost of living? « Wondering & Pondering’s Weblog — Sun, 15 Jun 2008 23:47:46 +0000

[...] There are a couple of reasons: speculators, or maybe the speculators are investing so much because of poor fiscal policies by the government. [...]

By: Why Oil Price Is High - Fed Printed Way Too Many Dollars « Financial News Network

Sun, 15 Jun 2008 19:11:26 +0000

[...] read more | digg story [...]

By: links for 2008-06-15 « copula’s weblog

links for 2008-06-15 « copula’s weblog — Sun, 15 Jun 2008 09:30:54 +0000

[...] Chronicles: A Magazine of American Culture | Your Home for Traditional Conservatism » Why the Oil P… (tags: .clips 06 2008 politics economy) [...]