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#51
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Gas prices
On 2006-04-05 01:23:55 -0400, "Blackjack" said:
Also it's not so much that gas prices have gone higher but that the value of the US dollar has declined in value over the last 5 years while this imbecile has been in office. Come on! Get real. The dollar has been declining in value since at least World War II, which is as far back as I can remember. During the Nixon years, it declined in value MUCH faster than it's doing now. Much of what you say is true, but don't blame it all on the dollar. |
#52
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Gas prices
"Blackjack" wrote in message
oups.com... "Well, I'm sure I hate Dubya as much as you do (at least), but I can't blame gas prices on him." Of course you can. If it wasn't for the Iraq war which took Iraqi crude off the the world market gas prices would be lower. A On the contrary, they would be higher; prior to the allied invasion, Iraq's oil production was limited and was earmarked only for certain countries; I'm not sure if Canada was one of them, but, the United States was one of them. Iraq's oil exports have increased since the invasion, thereby lowering the price of oil. The major increase in consumption of oil has been because of China's demands. And their needs will increase exponentially in the near future, so it won't matter who is president of the United States, petroleum products in the U.S. will continue to escalate in price as long as China continues to increase imports of oil. KM -- (-:alohacyberian:-) At my website there are 3600 live cameras or visit NASA, the Vatican, the Smithsonian, the Louvre, CIA, FBI or CNN, NBA, the White House, Academy Awards & 150 foreign languages Visit Hawaii, Israel and mo http://keith.martin.home.att.net/ |
#53
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Gas prices - OOPS!
"Alohacyberian" wrote in message
... "Blackjack" wrote in message oups.com... "Well, I'm sure I hate Dubya as much as you do (at least), but I can't blame gas prices on him." Of course you can. If it wasn't for the Iraq war which took Iraqi crude off the the world market gas prices would be lower. A On the contrary, they would be higher; prior to the allied invasion, Iraq's oil production was limited and was earmarked only for certain countries; I'm not sure if Canada was one of them, but, the United States was NOT one of them. Iraq's oil exports have increased since the invasion, thereby lowering the price of oil. The major increase in consumption of oil has been because of China's demands. And their needs will increase exponentially in the near future, so it won't matter who is president of the United States, petroleum products in the U.S. will continue to escalate in price as long as China continues to increase imports of oil. KM THAT SHOULD HAVE READ THAT THE UNITED STATES WAS NOT ONE OF THE COUNTRIES THAT OBTAINED OIL FROM IRAQ DURING THE UNITED NATIONS SANCTIONS PRIOR TO THE ALLIED INVASION. KM -- (-:alohacyberian:-) At my website there are 3600 live cameras or visit NASA, the Vatican, the Smithsonian, the Louvre, CIA, FBI or CNN, NBA, the White House, Academy Awards & 150 foreign languages Visit Hawaii, Israel and mo http://keith.martin.home.att.net/ |
#54
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Gas prices
"Iraq's oil exports have increased since the invasion, thereby
lowering the price of oil." Virtually every measure of the performance of Iraq's oil, electricity, water and sewerage sectors has fallen below preinvasion values even though $16 billion of American taxpayer money has already been disbursed in the Iraq reconstruction program, several government witnesses said at a Senate Foreign Relations Committee hearing on Wednesday.--NYT Feb 9, 2006 |
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