Most folks do not really understand much about oil barrel prices or how the price of gasoline gets so high in the summer each year – although most everyone does realize that events around the world are a huge factor, so let’s discuss this for a moment, shall we? Not long ago, an acquaintance of mine asked me several questions about these issues;
“Do you understand how this whole oil thing works? In the summer when demand is higher, they raise the prices, and in the winter when they sells more – increased prices. Now, because of lack of demand in a weak economy, were not able to invest in production and higher prices. So if you sell the right price if they sell the price increases. Is this problem only to produce? "
Well, if you think that $ 35 a barrel in the global economy, nations that the fields of oil production and their money can do. Somehow that was good for us – forinstance – Iran, Venezuela, and African Nations which are not such good human rights folks. Of course, next door in Mexico, which is at about their peak oil challenge right now, Pemex cannot make money, and that translates to nearly 30% of their economy. Bad for us, as a collapsed economy in Mexico, anarchy, or an out of control lawlessness will spill over the borders.
Consider if you will that Mexico sends folks here to work and perhaps you are in an industry which has seen your job lost one or other aspect of this migration of work. Mexican workers in the United States can send money to their families struggling in difficult times in Mexico, we see these effects? In times of high employment, it would be a disaster for our American economy, but in times of recession, something of a problem for economic recovery in many sectors of the economy.
When our top 70 U.S. dollars per barrel, we clearly see the effects in our economy and it seems that such a large heavyimposed on our economy as a whole, since everything is done by transport costs. Then I would Politics of World Oil Supply Group to consider – for example, we have some funds in Saudi Arabia, UAE, Kuwait, etc to get our way, OPEC members to get to see how astronomical oil above $ 80 or $ 90 (now – will really change in the future, as India and China, etc. grow and demand more, build more cars, etc.).
Meanwhile, large oil fields in Iraq are even greater than Saudi Arabia,but we have a good control over, and even if we did, it would be a good 3-7 years before oil flows in large quantities anyway. Even on the world market for oil consumption, first, we still have challenges and we should worry about doing what they do with China over iron ore, industrial metals and rare earth elements in the oil sector, expect them what to do.
Perhaps a recent appointment at this point to illustrate the tar sands in Canada that the offer was so high that the oilwould be $ 100 a barrel makes it worthy of a decent return on investment or even a tie. Wow, $ 100 oil in our future, and to offer Iraq is not yet online. Or is the oil reserves in the north of the planet anywhere near available for harvest, teamed up with Argentina, Brazil and Cuba oil costs This store is wonderful when combined.
The environment is an insult to the production, supply, distribution, drilling and use. They proposeplus tax, now we have a cartel, "OPEC" we never would have allowed the United States, recalled the history of antitrust law, but we are very involved in as well. United States should take the oil from Iraq to pay for the war and the removal of Saddam, use it as leverage to control and OPEC oil production to maintain $ 45-65 per barrel, well, just below the amount needed our enemies a profit, but big enough investment capital to shoot. Meanwhile lever abusemay be alternative fuels, a percentage of the electric motor, etc.
A large part of the price of oil has to do with the commercial aspects of this product and the manipulations, and not one of these other things. Historically, and you can go back many decades, oil prices ratchet ever in the summer months. Can invest in shares of oil in February-March and sold at higher price. Many qualified investors "do every year and always win.
So we have already presentedtheir bets on oil futures with the media, on the fear, the use of extrapolation and predictions of doom and gloom every time someone in Nigeria to blow up a pipeline, a group in Saudi Arabia Terrorizer Royal Family, Iranian President threatens to go to war and join Staights of Hormuz, Hugo Chavez gives a speech in Alba, a hurricane heads toward Gulf of Mexico, or Soros and the company began offering the prize with his friends numbered Swiss bank accounts to purchase transactions Large SweetRu.
The poor consumer, yah you have no choice, take in my pants (how it feels?) And he began to borrow on credit cards to buy gasoline to get to work to pay additional 18% interest (believe me, ask a single mother with a Honda car), the Government of the United States and other countries in the region to oil "treasure because it is dirty and take the money and gifts to alternative energy systems that are not viable economically sustainable balance playthe market place, how absurd is that? Please, that’s ridiculous.
And my acquaintance did bring up the politics, money flow, lobbyists, coo’coo’ heads, and the environmentalists who are preventing pipelines, drilling, storage, production, usage – by filing lawsuits for EIRs etc, raising the costs to $100 million dollars just for the EIR to upgrade? And, as long as we are talking about energy, let’s talk about our non-transportation energy component too?
You want CO2 out of the air? Fine, allow the coal-fired plants to put in better scrubbers, upgrades, and clean-coal smoke-stack technologies, that solves the problem, but no, the Global Warming Alarmists with their new religion wants to file an EIR and deal with law-suits for 10-years, while they deal with a new Cap and Trade tax which could double and in some cases triple electric costs?
So, whereas, I can charge up my golf cart for $1.80 and drive it 26 miles, now it’s triple, so, I may as well take the car even if Gasoline is $ 5 per gallon or more, see. The economy is not working because there's a free market and consumer choice of components. "Ah, but if we take away consumer choice can work!" said the socialist-liberal, indeed great, we have more in each case paid when money is not everything worth it when we use – we destroy our economy based on the law of unintended consequences and academic socialist-liberal government.
Some say: "We tell them to gopound sand – soft sand, to be precise, "but it seems a shame, because it will still be what our government is rotating in the future to solve the many problems today for alienating this group is not wise. It is clear that they think be more intelligent and therefore careful not to do what the citizens of this great nation, I think. Please think about this and read the rest of the 50 – section on energy, oil, and the future in this series . Thanks for listening.