Comments on: Oil Demand and Supply http://www.synapticdomination.com/2008/06/oil-demand-and-supply/ Ideas, Opinions, Discussions Sat, 06 Jun 2009 19:10:24 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Robert http://www.synapticdomination.com/2008/06/oil-demand-and-supply/#comment-191 Robert Mon, 30 Jun 2008 00:54:50 +0000 http://www.synapticdomination.com/?p=92#comment-191 If we took a look at the stock holdings of our politicians in office, I'm pretty sure we could tie a great majority of their investments to the oil industry. They experience a basic conflict of interest. Do they do what's necessary to help the country or do they do what's necessary to help their own family's financial position? Political leaders are elected to help us, not use us as their personal mountain which they sit atop. Politicians are serving the public right? Clearly they are not. They are the epitome of insiders and working with insider trade secrets. They can not only affect the market, but they also have advance knowledge of how their actions are going to sway the markets. Are the Senate and Congress filled with public servants or public abusers? If we took a look at the stock holdings of our politicians in office, I’m pretty sure we could tie a great majority of their investments to the oil industry. They experience a basic conflict of interest. Do they do what’s necessary to help the country or do they do what’s necessary to help their own family’s financial position? Political leaders are elected to help us, not use us as their personal mountain which they sit atop.

Politicians are serving the public right? Clearly they are not. They are the epitome of insiders and working with insider trade secrets. They can not only affect the market, but they also have advance knowledge of how their actions are going to sway the markets. Are the Senate and Congress filled with public servants or public abusers?

]]> By: Bob http://www.synapticdomination.com/2008/06/oil-demand-and-supply/#comment-189 Bob Sun, 29 Jun 2008 22:46:29 +0000 http://www.synapticdomination.com/?p=92#comment-189 I will never understand why our politicians have let the oil companys take control of our country. Just this last week our Supreme Court Judges voted to fine Exxon Mobil a total of three minutes income for the Exxon Valdez oil spill. "WOW" now that should get someones attention taking that kind of money out of their pockets shouldn't it. Sure the $500 million looks like a lot of money to you and me,but if you put that into perspective with what the average person makes per hour and then fine them accordingly,it would amount to $3.00 for someone making $20.00 per hour. As of right now I don't think that our government wants anyone to come up with an energy saving idea that would halt their income from the oil companys. I will never understand why our politicians have let the oil companys take control of our country. Just this last week our Supreme Court Judges voted to fine Exxon Mobil a total of three minutes income for the Exxon Valdez oil spill. “WOW” now that should get someones attention taking that kind of money out of their pockets shouldn’t it. Sure the $500 million looks like a lot of money to you and me,but if you put that into perspective with what the average person makes per hour and then fine them accordingly,it would amount to $3.00 for someone making $20.00 per hour.

As of right now I don’t think that our government wants anyone to come up with an energy saving idea that would halt their income from the oil companys.

]]> By: Robert http://www.synapticdomination.com/2008/06/oil-demand-and-supply/#comment-187 Robert Sat, 28 Jun 2008 14:05:38 +0000 http://www.synapticdomination.com/?p=92#comment-187 We are in a very dangerous position. If the price of gas and oil continue to rise and dominate our economy and other foreign markets, eventually, our nation's growth will halt and we will find out what a real recession is all about. No matter what the FED does to interest rates or how many bailouts the government provides, if people just simply don't have the money to live, we will have more than a recession to deal with. There are a few options to correct this. One, find an alternative to our problem. Two, alter our demand for the product. Three, print money. We are doing some of all three. However, none have made a big enough impact on the price as it continues to spiral upward. Option 3 will worsen the issue due to inflation and weakening of the dollar so that's a short term solution. The only TRUE way to solve this is to find an alternative and in turn lower our demand for oil. But as you say, food is beginning to cost more and more and there appears to be no end in sight. Where will we be 1 year from now? We are in a very dangerous position. If the price of gas and oil continue to rise and dominate our economy and other foreign markets, eventually, our nation’s growth will halt and we will find out what a real recession is all about. No matter what the FED does to interest rates or how many bailouts the government provides, if people just simply don’t have the money to live, we will have more than a recession to deal with.

There are a few options to correct this. One, find an alternative to our problem. Two, alter our demand for the product. Three, print money. We are doing some of all three. However, none have made a big enough impact on the price as it continues to spiral upward. Option 3 will worsen the issue due to inflation and weakening of the dollar so that’s a short term solution. The only TRUE way to solve this is to find an alternative and in turn lower our demand for oil.

But as you say, food is beginning to cost more and more and there appears to be no end in sight. Where will we be 1 year from now?

]]> By: Jeanie http://www.synapticdomination.com/2008/06/oil-demand-and-supply/#comment-184 Jeanie Sat, 28 Jun 2008 01:37:58 +0000 http://www.synapticdomination.com/?p=92#comment-184 I don't think the oil situation/gas prices will get better. I think it's one of the signs of the end times that is talked about in the Bible - when a loaf of bread will cost a days wages. I don’t think the oil situation/gas prices will get better. I think it’s one of the signs of the end times that is talked about in the Bible – when a loaf of bread will cost a days wages.

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