speculating on these gasoline and oil prices
***
AGAIN AND AGAIN THE SO-CALLED 'EXPERTS' ARE SHOWN TO BE WRONG ... WHY DO WE BOTHER TO LISTEN?
Gasoline prices have now dropped over $1.50 since earlier this summer, are down 11 cents below prices this time last year.
I’m confused.
The Dems have been telling us that high gasoline prices are the fault of speculators. They ridiculed arguments that increasing supply would do nothing to lower prices, that drilling for domestic oil to reduce our foreign dependence would take ten years and reduce the cost of gasoline by TWO CENTS! Remember? C’mon, you may have repeated that talking point yourself.
You heard the mantra over and over, and you know I’m telling the truth. Do you see how easily the public can be misled by so-called “experts”?
So what happened?
Want to know?
The world cannot run on sky-high oil prices, especially in developing countries like China and India. People HAVE to cut back on driving because their budgets can’t allow for such high percentages of their income going toward driving.
Consumption goes down, supplies exceed demand, and MARKET FORCES take over driving the cost of oil lower and lower, from near $150 a few short months ago to around $64 today.
And your Congress did NOTHING to bring it down.
Still want to trust a bunch of socialists with their central planning schemes, taxation of the productive engines of our economy, and alternative energy boondoggles?
Can you imagine what it'll cost to run your car and heat or cool your home after the politicians get ahold of the energy sector? Assuming they'll be able to produce the energy you need.
YOU have so much more power than any politician, bureaucrat, or leftist media propagandist. Get smart. Learn the facts instead of buying into a song and dance act and giving up your individual liberty for a few pieces of silver and some collectivist fantasy.
AGAIN AND AGAIN THE SO-CALLED 'EXPERTS' ARE SHOWN TO BE WRONG ... WHY DO WE BOTHER TO LISTEN?
Gasoline prices have now dropped over $1.50 since earlier this summer, are down 11 cents below prices this time last year.
I’m confused.
The Dems have been telling us that high gasoline prices are the fault of speculators. They ridiculed arguments that increasing supply would do nothing to lower prices, that drilling for domestic oil to reduce our foreign dependence would take ten years and reduce the cost of gasoline by TWO CENTS! Remember? C’mon, you may have repeated that talking point yourself.
You heard the mantra over and over, and you know I’m telling the truth. Do you see how easily the public can be misled by so-called “experts”?
So what happened?
Want to know?
The world cannot run on sky-high oil prices, especially in developing countries like China and India. People HAVE to cut back on driving because their budgets can’t allow for such high percentages of their income going toward driving.
Consumption goes down, supplies exceed demand, and MARKET FORCES take over driving the cost of oil lower and lower, from near $150 a few short months ago to around $64 today.
And your Congress did NOTHING to bring it down.
Still want to trust a bunch of socialists with their central planning schemes, taxation of the productive engines of our economy, and alternative energy boondoggles?
Can you imagine what it'll cost to run your car and heat or cool your home after the politicians get ahold of the energy sector? Assuming they'll be able to produce the energy you need.
YOU have so much more power than any politician, bureaucrat, or leftist media propagandist. Get smart. Learn the facts instead of buying into a song and dance act and giving up your individual liberty for a few pieces of silver and some collectivist fantasy.