Regarding your first quote it's the limited supply factor in the supply and demand ratio that is driving the prices up not so much an increase in demand although that rises as well. Other problem is our government won't allow US Oil to drill for more of our own oil out of fear of backlash from the media and GREEN lovers. US Oil only controls 2% of the world's oil SUPPLY.
Supply and Demand is only a smaller portion of this scenario then many realize.
He is right about how the Media is playing propaganda on this as well.
Everyone here KNOWS or should know by now that the world market is backed by the USD.
Everyone ALSO should know by now that the USD is declining in value. Common sense
dictates that if that happens PRICES of all commodities go up outside the USA.
The Euro is now worth 2x the USD, so in essence it shows the decline of OUR money
which means yes, prices go up because our USD is worth ALOT less then it once did.
Prices WOULD probably be around $70 a barrel still without this problem compiling
the issue.
The first people to try and stop accepting the USD as the backing for pricing their oil
was ....none other then Saddam Hussein in 2000......shortly thereafter we claimed
he had WMD's and ties to Al Qaeda, total bullshit but they fooled the American people
into believing the story HOT on the heels of emotion from 9-11
NOW fast forward to 2007, guess who else is a HUGE supplier of oil to us that just
NOW as of Dec 2007 stopped accepting USD as the backing for their oil instead to use
the Euro
Iran.
Starting to piece the puzzle together now???
The Iranian Oil Bourse
FAMILIARIZE yourself with this phrase, it's the brunt truth of why you see Iran in
the news about possibly having nuclear capabilities and all this other bullshit.
The US Oil Market CONTROLS the guiding interests of the military industrial complex
which receives over 50% of the #1 superpowers budget annually. Use your heads people.
This isn't a joke.
http://www.globalresearch.ca/articles/CLA410A.html
<div class="iF-Passage"><div class="QUOTEHEAD">Quote:[/Quote]<div class="QUOTE clearfix"><span class="quoteBegin"> </span>
The Iranians are about to commit an "offense" far greater than Saddam Hussein's conversion to the euro of Iraq's oil exports in the fall of 2000. Numerous articles have revealed Pentagon planning for operations against Iran as early as 2005. While the publicly stated reasons will be over Iran's nuclear ambitions, there are unspoken macroeconomic drivers explaining the Real Reasons regarding the 2nd stage of petrodollar warfare - Iran's upcoming euro-based oil Bourse.[/quote]
This is historically how the US gets what it wants. First it attempts politicking.
If that fails, they attempt a Coup, if that fails (Chavez, Castro, etc) It blackballs a nation
garners support for the cause, and invades, and "liberates" is the term they call it.
We've been doing this since the early 1900's when Colombia wouldn't allow the US
access to the Panama canal so what did we do
We convinced Panama to segregate
and we'd help them attain independance if they gave us access to the Canal.
That's just how our Imperialistic nation operates, but many haven't realized that yet.
Telecommunications and the Media is the Nazi wave of propaganda and control people.
Without it you can't unite a strike or take on anyone, they realized this decades ago.
The Media, you control what opinionated news comes out, and you control the opinions
of your people.
I have a Polish man I work with who explained to me how bad the US news is for reporting
TRUE events internationally speaking......they change the news to fit THEIR program.
FAUX NEWS.....that's primarily the one we speak of and I'm a core value Republican too BTW.
No longer though.....now I consider myself an Independent.