Posted on 04/10/2006 8:54:25 PM PDT by churchillbuff
We may be looking at $80 or more with the problems in Venezueala, Iran and Mexico.
Horse crackers.
I a protected/controlled market, there is no reason not to find means to manipulate prices.
If I know a commodity is necessary, and if I have a system of immediate compensation, then I will create reasons to raise/lower prices at a pace which will maximize my profits and will be politically sustainable.
Peanut dude only made a bad thing worse.
We need to strike Iran and correct our mistake.
When will the "skyrocketing" begin?
I say let oil prices climb to levels (very near) where Biodiesel and ethanol are good, home grown, alternatives that get us off of terrorist controlled oil...
I like to blame the peanut farmer for a lot of things.
Unfortunately, we can blame all we want but blaming people isn't going to solve the problem (unless you're a liberal; then blaming Bush solves ALL problems).
They oil problem may be a bluff on the part of Iran.
If they cut off oil exports, they're not just tightening the rope around their own necks; they're jumping.
Oil is the only thing they have. If they're not selling it, they've got nothing and the whole country is crippled.
Prices are $2.71 where I live in central Florida. I thought it was going to get better after all those oil refineries came back online after Katrina.
This is all flatulence and we should stay away from it. Iran has a sizable anti-Islamic sentiment. The only thing that will make them rally around the flag is a war. Lets not give it to them. We invade Iran we have Iraq X3 If we leave them to fester near a free Iraq for 10 years, Iran will crumble.
I blame the French for harboring that bastard the Ayatollah Khomeini for 15 years.
Not only that ...but the Iranians don't have too much refining capacity.
Mostly petroleum products are imported......try running the economy on an oil embargo.... much less an army/air-force/navy and a couple of tin can mini-subs.
I think the mini subs run on dates and figs
BLAME JIMMY CARTER. HE DESERVES IT.
One cannot blame Carter enough for his sins - He let the shah fall ... and up came terrorism, anti-americanism in the mid-east, the iran-iraq war, which led to Gulf war, which led to US troops in Saudi Arabia, which led to 9/11 and GWOT, etc.
Carter gave us a whole Global War, and he's too clueless to even know it.
He is also to blame for our immigration woes. Check out a post I made earlier today.
No disagreement here. But in the current economic and political situation I see us paralyzed. There so many factors involved among them;
The strait of Hormuz will get shutdown in a major conflict; will any of our allies be ready for the wholesale skyrocket in oil prices. Thats the whole point of the Iranian flatulence about all the missiles they test fired recently.
What would be the effect of Persian nationalism if we strike. That is an unknown. The Persians are a whole different breed than the tribes of Iraq. Will this unwittingly unite Persians against the West instead of the work we are doing to foment rebellion against the Mullahs.
So many other factors.
I wouldn't want to be President right now dealing with this. My prayers do go out to President Bush because this is a damned if we do damned if we don't moment.
Yea, we can blame all the West because the impotent European heads of state are playing the same fiddle they played in 1935 but that peanut farmer asleep at the relay put the whole train in motion and now its careening recklessly down the track.
Bottom line it becomes a decision of how many are going to die. Stop it now and hope for only a few deaths, my opinion, or watch the train careen off the track and we have alot of deaths.
And all the while the horde of grandstander's will be off to the side of the road second guessing everything done to help stop the out of control train.
This is a bad situation that is only going to get worse and sadly I hold few hopes this will be resolved until it is too late to prevent a lot of deaths.
Humanity has been here before and we have proved we learned nothing.
I have a better ida, lets preemptively move against it and tax it to $4 a gallon. This would accurately reflect the externality cost of petro. At that point all those farmers who we pay to NOT grow corn and tobacco might have something to contribute.
Well now, I do blame Jimmy Carter for all those things, and I agree with you about all that.
What I meant was that blaming people doesn't solve problems. Most liberals tend to think it does (since that's their only agenda), but we're smarter than that.
I was filling up tonight and gas just hit over $3 a gallon in Seattle.
And its only April. Oh well, atleast I'm got a decent hedge against paying at the pump by owning stock in halliburton, foster-wheeler, and schlumberger + the oil and natural gas funds in my 401k.
The best case scenario and the one I truly hope happens.
As I say, I pray for our President in these days of far-reaching decisions. I strongly doubt I could make the correct decision being one moment in favor of bold aggressive moves and the next minute desiring subtle and intricate tactics.
AAgh!
When will people stop listening to the now extinct old media and learn to pay attention to the people?
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