Skip to comments.Ever notice how the Arab oil interests control our economy?
Posted on 05/07/2012 5:14:29 AM PDT by Milagros
Subject: Ever notice how the Arab oil interests control our economy? Author: Chris Kloss Date: 13 Jul 2009
IMHO, if the price of oil had remained low, the financial crisis would have been of short duration.
Oil price affects just about everything in our economy, not just gasoline for cars. A rapid increase in the price of oil requires a reallocation of the money people and businesses spend.
Businesses must raise prices and, one result of this might be a lower demand. Businesses need more money to replace inventory. Persons and businesses on the edge cannot meet their financial obligations. etc... you get the idea.
Arabs raise the price of oil and our economy lags. Lower the price and our economy rebounds. They control our lives.
The easiest way for the left to keep the USA weak is to use specious environmental concerns to keep us from domestic energy production. This keeps funneling money to our enemies (Arabs, Hugo Chavez etc.) who, in turn, fund the terrorists that keep our military preoccupied, keeps us going to the Chinese for loans and undermines the dollar.
Have oil prices increased in terms of constant dollars? Or is oil just another commodity that will hold real value against an inflating dollar?
More domestic oil = stronger dollar, less dependency on Arab oil.
There’s a solution to that. Call your senator or representative and ask them to support 1380.
Less than 20% of our oil supply comes from the Middle East. Enough bovine scatology.
20 million here, a Supreme Court Justice there, and sharia just around the corner.
I think the supposed interest in the environment is just a fake used to weaken the USA. The entire texture of the left, from environmentalism to feminism to socialism is all about bringing down the USA and humbling us on the world stage. The left wants a weak USA to introduce even more gross instability into the world so that every other government will increase it’s power over it’s citizens.
The goal is the economic enslavement of the entire world population and the empowerment if the ruling class; a return to feudalism and the control structure that allows the permanent power of the left.
Check this book out for and expose on the Oil “Business”:
Does this help?
Price of Oil plotted against Price of Gold
IMHO, they control our politicians to the point where they can manipulate our economy. They also have a big stake in the MSM. Everybody is on the take, which is why I get particulaly angry when Washington politicians finger Wall Street for being greedy. They are both overly greedy, but steal from the American citizens by slightly different methods. It is way overdue for the American people come down hard on the thieves that run our country, both in government and in big business.
Exactly. OPEC hasn't been an effective cartel in years. In the last decade or so they've been unable to get the poorer oil producing countries to comply with the quotas they agree upon in Vienna. They have riled the markets with promises to cut back on extraction, but they never succeed.
With Iraqi extraction ramping up, it's becoming even more difficult for them to collude. Then there's the Obama administration, crippling the world's largest economy with egregious policies, thereby significantly lowering world demand. There are all sorts of things having an effect on crude prices, and right now none of them are good for the Saudis. The posters who say that printing money is having the most effect on commodity prices, including oil, are correct in my opinion.
The funny thing is I wrote a blog on the oil prices about a month ago and how demand would fall, mainly because of us and because of China’s slow down.
Sure enough it started Friday. BIG drop and still going. If I remember correctly putting oil on the commodities market was to fight OPEC and it worked. Not sure on that one, kinda before my time.
U.S. summer gasoline demand expected to be at 11-year low
APRIL 26, 2012
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