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BrianG
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06.18.2008, 02:18 PM

I'm not one for conspiracy theory, but are the high oil prices in part caused by the gov't setting them high? Maybe to give us US citizens someone to hate/be mad at (middle east) and then the gov't can come in and "save the day"? How much is political and how much is economic?
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cmcclive
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06.18.2008, 02:43 PM

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Originally Posted by BrianG View Post
I'm not one for conspiracy theory, but are the high oil prices in part caused by the gov't setting them high? Maybe to give us US citizens someone to hate/be mad at (middle east) and then the gov't can come in and "save the day"? How much is political and how much is economic?
The only gov't involvement (that I believe) is taxes. Sense oil is an international commodity China, Japan, Europe, ect would not willingly let our politicians jack up the price of oil without compensation (lots of it).
Do, I do personally believe that not drilling more in alaska and on the continental shelf (political decisions) is raising the cost of oil, but that is because of reduced supply (if we announce we are going to drill, even if it will 7 seven years to get to full production we would see an immediate reduction in the speculation of oil because the "crisis" would be seen as less severe).
   
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crazyjr
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06.18.2008, 04:52 PM

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Originally Posted by BrianG View Post
I'm not one for conspiracy theory, but are the high oil prices in part caused by the gov't setting them high? Maybe to give us US citizens someone to hate/be mad at (middle east) and then the gov't can come in and "save the day"? How much is political and how much is economic?
I don't think its a conspiracy as much as speculation, Its a world wide problem, so i think its the people actually buying the oil thats responsible. With china and india becoming manufacturing powerhouses, they are buying all the oil they can get. For us (U.S.) and the rest of the world, we got to pay the piper to play. That means pay what the rest of the world pays

I don't think its the gov't doing this, But i do believe there is, or was, a colusion of sorts, that spun out of control. I do however believe, that whoever of the candidates, that does the right thing to help solve this, will win the white house


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Duster_360
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06.19.2008, 07:08 AM

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I'm not one for conspiracy theory, but are the high oil prices in part caused by the gov't setting them high? Maybe to give us US citizens someone to hate/be mad at (middle east) and then the gov't can come in and "save the day"? How much is political and how much is economic?
They only part our dumb govt has in prices is the taxes we pay for it. The prices are set in the middle east where the oil reserves and production capacity is. We haven't had a role in prices for quite a while - other than our demand. Brian we're too stupid to play out such a scenario.

Just like the DAs now that we're talking about ending the moratorium on OS drilling and letting states decide - what a crock of misinformation! We're held hostage to incredible stupidity. Some of the most pristine beaches in the world line the gulf coast where billions of cubic of gas an millions of barrels of oil are and have been produced without a spill. I find it ironic that CA which by itself is the 3rd biggest gasoline consumer in the world and has the most readily known offshore resources, will not even talk about allowing drilling.

Talk about closed minds - CA should be paying the rest of us something for placing resources which the counrty owns off limits. I guess its encouraging that we are at least talking about it, but such misinformation/stupidity about the subject is incredible. If this is deliberate, then the agenda behind it needs to be exposed. If its just stupidity, then we need some education to happen.
   
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