[Willie Green]

The government has place economic utilization of our own natural resources off-limits (drilling offshore and in ANWR). We are dismantling our domestic refining capacity as consumption shifts to, and expands in, China.

Venezuela endeavors to increase oil exports to China
China now largest Saudi oil client
Saudi Arabia cuts oil sales to U.S., ups China
China Looks to Latin America for Potential Oil Supplies

The restrictions placed on domestic production and refining capacity, coupled with increased Chinese demand, have increased the global price of oil.

Globalism is the cause of increasing oil prices, just like I told you.

[Dog Gone]

Population growth, the modernization of formerly third world countries, and the overall increase in the demand for energy has caused the recent increase in the price of oil. Speculators have also had an influence.

The price of oil has been falling lately. Does that mean that globalization is diminishing?

[Toddsterpatriot]

Willie said "You mean how globalism reduces productive capacity to drive up prices for those commodities?"

So, you meant to say that globalism reduces American productive capacity to drive up the price of oil?

Globalism is the cause of increasing oil prices, just like I told you.

I guess I should ask what your definition of globalism is.