Jun 7, 2007

There is No Free Market when it comes to Oil.....the 20% Solution....

IMHO....

On this Memorial Day, a day when American citizens express their thoughts and prayers
to the brave soldiers that give there lives to uphold a principle and obediently obey the people we elect,
regardless of rhyme or reason.

Let us put our thoughts also toward what and why our children are dying for.

As the cost of OIL that comes out of the ground stays constant ~ $10/barrel.
Whether it comes from the Arctic,Middle East, Mexico or the USA,
The Powers that Be, have continued to, on speculation, raised the price of OIL to ~$65/barrel.
How else can BIG OIL make extravagant historic quarterly profits?
The conflicts in the Middle East is, and that is a big IS, for the power to control OIL.
Mostly to maintain the status quo. Keep it in the hands of the people that are in power now.
The USA gets 20% of its Oil from the Middle East.
Guess how much OIL the country would save if the speed limit was dropped to 55MPH national and enforced....20%.
My solution to the Middle East quagmire.
Jobs,education,and taxation of all of the people of the Middle East.
A real dose of Democracy.
If the USA had a naval blockade at the Strait of Hormuz stopping and taxing every barrel of oil that's exported.
Say 20%...
Then that money turned over to the people of the region in micro-loans to start businesses, go to school,buy TVs.
The whole region will think more about their stable future and less about their after-life.

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