High oil prices necessary for the US economy

[SSbaby Member Find all posts View Profile Close SSbaby]

Forget supply/demand. Forget speculators. High oil prices serve to bolster the US economy.

If this article doesn't put all the jigsaw pieces together in the whole puzzle, you're not very switched on. The world is again propping up the US economy by accumulating US dollars in order to purchase oil... but that could change.

http://www.energybulletin.net/node/12125

Note: The article might be a couple of years old but it's quite factual... and the author foresees events that will likely explain the current motives of the Bush administration. It reads like a predictable game of chess.

The article is reason enough why oil prices will not fall in the next few years... unless the Euro becomes the prominent currency for purchasing oil... and this could be extremely plausible.
__________________

[Mallory Black Junior Member Find all posts View Profile Close Mallory Black]

Time to go electric & hybrid and get out of depending on the US & Mid-East so we can distance ourselves from this ridiculous oil pricing system.

I have a vision for an electric powered 4WD. Massive torque and no need for a transfer case with low range. 3 ratios will do it easy. The technology to get long range and quick re-charging is getting better and better.

Get the video called Who killed the electric car. It's an eye opener as to how big business in the US calls the shots over there.