How Could Everyone Have Fallen For OPEC Trap?
I just was watching news ticker on bloomberg channel and it says ”that oil is expected to rally/go up to or higher before mid-summer because of demand rebounding.What is all of this nonsense when we are in a global recession,people losing their jobs left and right,’’supposed to be conserving energy”,’’supposed to switch on to alternative energy & off-shore oil drilling”(what pres.obama promised in his campaign),auto makers possible bankruptcies and more possible lay-offs,people ‘’supposed to have been driving less”,and supposed to be buying small compact fuel efficient hybrid type vehicles.Were you’ll serious about carrying out these stuff or were these just empty threaths that played right into opec trap?
Will it be like 2007/2008 and wait until crude oil get back to over 5 a barrel then make more false threaths to OPEC with absolutely little to no action to back it up?
Invest in a cleaner planet.
July 26th, 2010 at 8:35 pmhttp://bluefireethanol.com/
"How Could Everyone Have Fallen For OPEC Trap?"
Easy. Make enough noise and scare enough people they will believe whatever you tell them. Best example, look at the Man Made Global Warming scam and all the people that got suckered into it by Gore and the likes. It’s been proven over and over to be a fraud and people are still scared and believe it to be fact.
July 26th, 2010 at 8:35 pmOPEC reduced oil production which ultimately leads to an increase in price. If we ever want to rid ourselves of this trap, we need to use more coal and nat gas, explore our coast lines for more oil and start the process of converting oil shale into oil. Turn off computers when not being used. Set up the temp of the AC. Use CFLs more for lighting. The answer is obvious… waste less energy while supplying more energy is the key to holding the price down.
July 26th, 2010 at 8:35 pmThe other part of the equation which is not at all apparent to most is to in-sent our refineries to convert to technologies which allow more heavy and sour crude to be processed. These fuel types compete directly with mid eastern oil and they are available in abundance. The problem is the investment in refining to use these is $B of dollars. We would have been a heck of a lot smarter to have spent all the money going into corn gasoline instead in refinery upgrades. But Mr. Greenjeans would never accept the reality of this because it does not fit with his/her enviro-tarded view of energy usage.
read the news.
July 26th, 2010 at 8:35 pmObama said he would think about it. Obama is a serial liar. He lied when he suggested that 95% of the people would get a tax cut. Now he is revealing his real stripes as he is attempting to set up a crippling carbon tax on a struggling economy. I realize he only had two years in the Senate and a community organizer job, but I would have thought that even that would have provided enough information that his path is destructive. Apparently he doesn’t care. His socialism trumps his common sense. You are mistaken if you think he cares that the price of oil is high. He thinks that is a good thing. He is seeking to limit our production of fossil fuels before there is a good alternative. There is no OPEC trap. There is only a socialist trap. It is the gullible guilt ridden leftists that got us into this trap.
July 26th, 2010 at 8:35 pmNot worth the aggravation
July 26th, 2010 at 8:35 pm