I posted a thread: $3.50 today on April 19, unfortunately I have to post this new thread today since oil price continuing going thru the roof.


Oil price surge near $11 on last Friday and make a barrel of oil price reached its highest level ever to $138.54 and some analyst said that by next month it will reach #150.oo a barrel.

So WHAT HAVE OUR GOVERNMENT DONE SO FAR TO EASE THE OIL PRICE FOR AMERICAN PEOPLE?

SIMPLY NOTHING AT ALL.

Other countries in the world their governments are trying to take care their own people by FREEZING the gasoline price or starting to regular the price with government aid, and of course stop levying on gasoline is another way to ease the PAIN.

NOT ONLY WE HAVE NOT DONE ANYTHING BUT ALSO WE ADD INSULT TO INJURY TO THE SITUATION BY WEAKING AMERICAN DOLLAR FURTHER.

A VERY WEAK US DOLLAR, despite all the national deficit and over-printed American Dollars, The 2% interest rate cut in February and March is a blow to our foreign currency investors. They all fled to other countries. On the other hand, this interest rate cut did not help the sub-loan company, the mortgager, the financial institute and bank; the only beneficiary is the Credit Card holder; ironically help the national personal debt to increase to its highest level which will not help our economy at all.

WHAT ARE OUR SOLUTIONS?

1. IMMEDIATELY STOP FEDERAL/STATE TAXES ON GASOLINE

2. REGULATE OUR DOMESTIC OIL PRICE; OTHER COUNTRIES BUY THEIR DOMESTIC OIL CHEAPER THAN IMPORT, WHY ARE WE PAYING THE SAME? This should bring down the price a little.

3. START REBUILD OUR STRONG CURRENCY

4. APPROVE THE ALASAKA and other new oil filed OIL DRILLING
This News will definite affects world market price, and those greedy oil nations should think twice before they manipulate the oil price to the next level.



THAT'S ALL I CAN SAY TODAY.

Woah woah woah, slow down.

That didn't help in the OPEC crisis, even if you're only talking about domestic oil. It only causes more damages by creating shortages because it interferes with supply and demand. I was assuming that you were talking about a restrictive price ceiling. The economics of that is here: http://en.wikipedia.org/wiki/Price_ceiling

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"It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary"

-- Ludwig von Mises

Do we see people waiting in line at gas station anywhere around the world?

There is no shortage of oil production, the OPEC is using that as a big excuse and so does the future tock market of oil. With all that money OPEC nations is making, I will not be surprised that they are the one manipulating the future price of the oil.

I hope it gets up to $10 a gallon. We need to have change in the US, and the only way to get it is to wake up the American people with the reality, WE BUY OUR OIL FROM TERRORISTS, AND THOSE THAT HATE US!!!!!!!!!!!!!!!!!!!!!!!

Ask any democrat what their party has done to bring about change in the last 40 years, I will answer that for you, NOTHING!!!!!!!!!!!!!!

They may not like the ideas of the republicans, but they have offered nothing in return. We will see what kind of effort Mr O, with the full support of the house and senate will bring to our nation.

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Cheney is the second executive officer to shoot someone in the face and chest. Clinton was the first.

No Billy, Oil companies are not terrorist!

Dems have Helped. They have stopped the possiblity of drilling anywhere we find oil. They don't want to disturbe animals that might be living there.

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SAVE GAS, CAR POOL, RIDE A BIKE, OR WALK

SPELLING COST EXTRA SO DEAL WITH IT.

http://www.water4gas.com/2books.htm

There would actually be increased demand, and decreased production.

But you are correct in saying that it will ONLY be, if OPEC is NOT price fixing. If OPEC were operating as a monopoly, then the laws and supply and demand would be entirely different. However, I have not really seen proof that OPEC is a monopoly, and that is above the fact that they do not control all of the oil production. I therefore do not consider them to be a true monopoly, and price fixing by the government would still have a shortage inducing affect.

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"It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary"

-- Ludwig von Mises

I commend you on the first part of your reply!

Here are our choices. 1. Begin the pain of the change over in fuel productions and the construction of the infrastructure necessary to start the shift to alternative forms of fuel- E.T.A. 10- 15 years before it makes a noticeable difference. 2. Drill every last spot on the earth, off the coast, in your back yard. E.T.A. 10-15 years before any effects can be felt. One leads us right back into the fold and the other gives us another avenue to use rather then sucking face with a sultan every time we want cheaper fuel! They still say no !

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EVERY WORD YOU SAY IS A DOOR WAY TO YOU!

I can see people migrating closer to where they work instead of moving away from the city, black neighborhood, ghettos and downtown in the near future. Living too far away from everything is one of the reason why we use so much gasoline, isn't it? Before we can save on gas, we do need to change our habit. And it is not going to happen in few years. We have a long way to DRIVE.

I hate gasoline prices as the next person. I'm pissed that the government hasn't done (*)(*)(*)(*) thing about helping the American people get by. Instead we're working 40 hours a week to fund our enemies in the Middle-East. While they're sitting, and laughing at us American people.

However, I'm AGAINST any sort of drilling in Alaska. Sure there's oil there, that's a given, but there's a ecosystem that's still intact for millions of years.
And you want to go and destroy the shiet out of this ecosystem for some that will provide cheaper gasoline only for a short period?

We need to think of alternatives before we go destroying prestine untouched environments because the American people didn't fuecking listen to the people who said this would happen.

Wildlife has already suffered enough due to man and our greedyness. Infact they're still suffering today, and everyday.

1. Drill for oil in Alaska/Piplines
2. Cuts off natural migatory routes, in use for possibly millions of years
3. Kill off animals using migatory routes
4. Kill of animals that depended on animals that used migatory routes
5. pollute and destroy a previously untouched natural and remote American wildlife ecosystem.
6. fill your fuecking tank up