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The increase of the oil price

The increase of the oil price is essentially due to the war that George W. Bush leads in Iraq.
The increase of the oil price is essentially due to the war that George W. Bush leads in Iraq.
Gee, deep analysis 20.Oct.2004 07:54

holly burton

Ok, so it's all the fault of w's warmongering. Peak oil isn't a reality. A kerry victory will bring things back to .25/gallon, like the good ole' '50's.
Reality check-crude oil is a finite resource, and demand is overtaking supply. The only reason gas is so cheap now is w's allies holding the price of petroleum down until the "election" is over.
Look for gas to hit $3/gallon early next year, w in office or not.
Be prepared. Learn to drive less.

attack on the pipe line in Irak 20.Oct.2004 08:18

It is G. W. Bush

There are many terrorist attack on the pipe-lines in Irak. The oil of Irak do not leave Irak. And the oil price is increasing !

The peak Oil, it is in the future !

Naturally... 20.Oct.2004 08:42

Tony Blair's dog

Who have access to the taps in Iraq now?

True.

And they do not care that the people are paying through their nose.
These companies will keep raising the price since Cheney and the rest
of the scumbags are not affected by the raising.
And because their stock portfolios in these companies are making them fortunes
while the young men and women keeps dying.

Cheney - Goldfinger
 http://www.ny911truth.org/media/goldfinger.mov

There's another bully on the block 20.Oct.2004 08:56

Saint Pious XXX

The entry of China into the world oil market is a big factor in the recent increase in world oil prices. Western business interests have been trumpeting the "development" of China in the world trade market. Of course increased industrialization and demand for consumer goods also need China needs more oil! Lots more. All the Western investors pouring capital into China's development never considered that of course. Imagine a billion Chinese driving SUV's...what a revoltin' development, as if, of course, 250 million americans driving SUV's isn't...Peak oil has always been a reality, world supplies will collapse even faster now, and long before every Chinese is living a privileged Western lifestyle.
The recent genocide in Sudan has been choreographed by a consortium of American, European and Chinese oil conglomerates, with the thirst for oil increasing and supplies dwindlling expect to see the iron fist of the West to squeeze the 3rd world even harder to squeeze out more resources. What are we gonna do about it?

CHINA 20.Oct.2004 09:22

It is G. W. Bush !

China did not await the war of Iraq to increase its oil consomation. China did not wait until Iraqi resistance is reinforced to consume more oil.

Go, Go, Go 20.Oct.2004 11:38

bent_rider

I hope it goes to $5, $10 a gal. Screw all you motorists.
And I don't care if it brings down the whole economy. I will laugh as it crashes.

Signed,
A cyclist.

With deepest apologies to Gil Scott-Heron
"The Revolution
Will Not Be Motorized"

You will not be able to drive thru, brother.

You will not be able to drive in, fill up, and cruise out.
You will not be able to lose yourself on the strip,
Cruise the strip while taking calls on the cell.
Because the revolution will not be motorized.

The revolution will not be motorized.

The revolution will not be brought to you by Chevron
With three levels of octane and free cups for the kids.
The revolution will not show you pictures of Henry Ford
Blowing a bugle and leading a charge of raging SUVs
yearning to park at strip malls and walk only on concrete
while dreaming dreams of a better land with more free parking.

The revolution will not be motorized.

The revolution will not be brought to you
by the stockholders of Royal Dutch Shell or Exxon.
The revolution will not put a tiger in your tank.
The revolution will not satisfy your sexual needs
with more horsepower and less gas mileage.
The revolution will not come with fine Corinthian leather,
because the revolution will not be motorized, Brother.

There will be no pictures of you and Willie May
driving a stolen BMW down the block
or trying to fill your tank for under $1 per gallon.
No one will be able to predict the winner at any time
or report from countless severed neighborhoods
yearning to throw off the weight of too much asphalt.
The revolution will not be motorized.

There will be no pictures of OJ
riding in a white Ford Bronco in the instant replay.
There will be no pictures of OJ
riding in a white Ford Bronco in the instant replay.
There will be no pictures of Michael Moore
chasing the head of GM around with a microphone.
There will be no slow motion or still life of your car,
or any car, rolling freely down an open road, carefree and happy.

BP, Exxon, Chevron, Shell, GM, Toyota,
and all the rest will not longer be
so damned relevant. No one will care
about the size of your engine, or your
wheels, or your back seat because people
will be tearing up the asphalt, looking for a brighter day.

The revolution will not be motorized.

There will be no highlights on the eleven o'clock news
and no pictures of angry motorists
and cyclists fighting each other
over a bit of roadway.

The theme song will not be written
by the Ad men from Madison avenue
and it will not have a catchy phrase
that tells you to buy a bigger house,
further from everyone else.

The revolution will not be motorized.

The revolution will not roll down its power windows,
light it's cigarette from the dash board,
or pollute your air with carbon monoxide.
The revolution will not kill people for profit.

The revolution will not make war for oil.
The revolution will not put you in the driver's seat.
The revolution will not be motorized,
will not be motorized,
will not be motorized,
will not be motorized.
The revolution will not run on gasoline.

The revolution will not be motorized.

The revolution will live!

one cent = $3 billion 20.Oct.2004 11:54

jal

a little factual tidbit.

for every one cent increase of the price for a barrel of crude oil on the world market costs the us economy $3 billion.

And... 20.Oct.2004 12:22

Tony Blair's dog

"for every one cent increase of the price for a barrel of crude oil on the world market costs the us economy $3 billion."

..Cheney and the rest of the neoconmen and their corporations laugh all the way to the bank.

Oil is still cheaper than it's historical high 20.Oct.2004 15:04

inflation is the culprit

Remember all the spending Bush and his criminal cabal have done with trillions of borrowed US treasury funds? That has created a new round of inflation. Simply put the value of a dollar as the number of dollars in circulation compete for the fixed number of commodities causes the market value for these items to increase. Or to put it another way, you need more of those dollars to buy the same commodity than you did before they printed all those new dollars. That is the nature of a paper currency backed by no real commodity; just a promise to pay. So adjusted for inflation the price of a barrel of oil has not reached it's peak historic "inflation adjusted" price. So you see what really happened was the standard of living was lowered and most people don't even know how or why. What a sneaky way for governments to tax the people without them ever knowing.

Those who do not remember the past... 22.Oct.2004 01:27

abiogenesis

"Peak oil isn't a reality."

Correct - it isn't.

Nor was peak electricity a reality in California - it was an illusion engineeered for "marketing" reasons.