Rising Oil Prices…Again

June 11th, 2009

Oil Prices rose steadily until July 14, 2008.  On that date President Bush lifted the executive ban on offshore drilling.  From July 14, 2008, oil prices continually dropped until February 12, 2009.  On February 12, 2009, President Obama reestablished the executive ban on offshore drilling.  From that day forward oil prices have risen. 

 

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  1. donward

    FREE MARKET 101

    The United States is the leader in the free world. This was accomplished through a free market system. A system of healthy growth through innovation and perseverance of U.S. citizens. The market place governs the economy. The economy pays for government through our efforts. The harder we work the better the return and the stronger the economy. We are the boss. The politicians are public servants. At least that is how it is supposed to be.

    When the government sticks its nose in the economy things go wrong. Putting a person or persons in charge above the nature of the free market equation undermines a strong economy. The market and economy live through a mathematical equation. Man, his emotions and his self serving ways can destroy this equation. The government is a group of self serving men and women. This is no secret.

    Just imagine you own a barber shop..

    Joe owns a barber shop too.

    You and your workers give great haircuts.

    Joe and his guys don’t.

    You charge 12.50.

    Joe charges 12.50.

    You do more business.

    Can you see why?

    You can expand soon or open another business that employs more people.

    Suddenly a man called Mr Drama who seems to have a tyrannic attitude robs everyone in the neighborhood of 100.00.

    Mr Drama now funds Joe with the peoples money. Even yours and your employees

    Joe lowers his price to 9.00 and buys more advertising.

    You lose a third of your customers to Joe.

    Times are tough and they will live with a bad haircut.

    Joe has a bottomless checkbook now and a new partner named Mr Drama.

    You eventually close shop.

    No barber shop, no expansion or second business. No new jobs.

    After a few days Joe raises his price to 15.00.

    Joe now gives worse haircuts, his competitor is no more, and no one else dares open. Who can compete with a man who has a bottomless checkbook.

    If we disallow failure we disallow success.

    Does this sound familiar.

    How will Ford compete With GM or Chriat.

    Can you say monopoly?

    Is this what we want in our future.

    This formula will eventually destroy our country.

    In socialist countries the government controls industry. Ask anyone who has ever lived in a socialist or fascist country about growth, productivity, about self improvement or pride in ones abilities. In a recent conversation between a man from Romania and a radio talk show host the caller said. “The government lies about how good they pay and the workers lies about how hard they work.

    This house of cards will fall just like the mortgage industry. By the way Our president had more to do with the mortgage scandal than most Americans are aware of. Even before he was senator Obama was destroying our economy with his ACORN involvement. When the conservatives warned congress. Obama kept quiet and received payoffs from others involved in that house of cards.

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