ccodiane
New Member
hopefully, but not likely for prices to go down.
it's called inflation. the government inflates our money supply and then waits for natural disasters, war or political unrest or the like to claim lower production of oil, and therefor higher prices. ever notice the price never goes back DOWN afterwards?
that's the government hiding the inflation THEY CREATED in the cost of energy. its the perfect culprit to hide inflation in because higher energy cost equals higher cost for every single commodity available.
another factor is peak oil. even if more is suddenly available, we are at or close to peak oil. with the supply on the down side, market forces demand a higher price.
demand is high and our (U.S.) money is quickly losing its value. the price of oil will never go down. don't even think about it.
You don't seem as well versed in the commodity of oil as you do the global warming scam. Do some unbiased research and you'll find the truth about oil......free flow at free market prices. This is the goal. This is the rule Iraq, free Iraq, will now play by. Maybe we should revert to oil-for-food?