Posted by trucker40 on November 01, 2008 at 08:20:36 from (69.154.22.37):
In Reply to: Re: Gas prices posted by Uncle A Rab on October 31, 2008 at 16:10:56:
You need to do some reading.Most oil we import comes from Canada and Mexico.What we import from the Middle East comes already refined as gasoline.Its not hard to find this stuff just Google oil imported to the United States or something like that.The supply/demand argument for the price of oil this last time it went up is totally wrong.What happened was stock market speculators got people in the government to sneak in legislation changing laws to where they could say a future stock of oil,even if it wasnt pumped out of the ground yet,was the same as real.Then they bought and sold them over a year in advance of them existing yet.Since this oil didnt exist they claimed there was a "shortage".Disgusting,and it was all brought to you by your crooked politicians.Could end up causing WW3,and there are people that starved in other countrys because of it,not to mention the pain it cost everybody at the pump,in lots of places besides here too.Farm fuel is still high,lots of other side effects.Its too big of a screw up to grasp all at once.This thing is going to be probably the biggest screw up any government ever made as far as the United States is concerned.A true case of the fox guarding the chicken house,there was no regulation of the stock market.It will look like morons were running the country 20 years from now when kids learn about it in school,and are still paying for it when they get out of school and get a job,provided the country is even still here.There are countries that would attack us over it if they though they could win,might still do it if they get together and get organized.
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