Reason for High Gas Prices?

[Guest]

Tick tock tick tock.

Amen!

For nation shall rise against nation, and kingdom against kingdom: and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.

Mark 13:8

Therefore take no thought, saying, What shall we eat? or, What shall we drink? or, Wherewithal shall we be clothed?

(For after all these things do the Gentiles seek:) for your heavenly Father knoweth that ye have need of all these things.

But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you.

Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself. Sufficient unto the day is the evil thereof.

Matthew 6:31-34

Jesus answered and said unto him, Verily, verily, I say unto thee, Except a man be born again, he cannot see the kingdom of God.

Nicodemus saith unto him, How can a man be born when he is old? can he enter the second time into his mother's womb, and be born?

Jesus answered, Verily, verily, I say unto thee, Except a man be born of water and of the Spirit, he cannot enter into the kingdom of God.

That which is born of the flesh is flesh; and that which is born of the Spirit is spirit.

Marvel not that I said unto thee, Ye must be born again.

John 3:3-7

And as Moses lifted up the serpent in the wilderness, even so must the Son of man be lifted up:

That whosoever believeth in him should not perish, but have eternal life.

For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.

John 3:14-16

[faith pleases God]

Our economy has been inflated (fed reserve rate cuts) with fake (fiat) currency. Its not just oil. It is all things. Look at food, energy, entertainment, education, health, etc.. Prices are increasing everywhere on everything. That is the question. Why are all prices so high and rising on all things? (not just oil).

Oil supply is speculative. Prices are marginally fixed on supply/demand.

One reason is because all goods are delivered by trucks and planes that run on fuel. Then when they take a good chunk of our food supply to make fuel, it doesn't help.

Oil prices are high because of inflation (rate cuts by the Fed. res.) more than supply (which is speculative). The supply is nothing but a speculation. Our over inflated housing market gives testimony to rate cuts not oil prices. Our economy is indebt and infated. It is a bubble and about to be popped. It has been infalted on purpose.

http://money.cnn.com/2008/06/11/news/econo...sion=2008061113

http://money.cnn.com/news/specials/fed/

Oil prices have little to do with the Federal Reserve cutting interest rates; oil is a commodity and is held and traded as such. Even OPEC is saying that the current prices can't be supported by supply and demand either. See link .... Uh....what does 'infalted' mean?

http://news.yahoo.com/s/ap/20080613/ap_on_bi_ge/oil_prices

Oil prices are rising because OF the cutting of interest rates. Just like gold even the stock market. As well as rising prices it can also be said that your dollar is really just becoming worth less (inflation).

Cutting interest rates makes money cheaper to borrow, basically. What does this have to do with rising oil prices? Oil is a commodity; people aren't borrowing to buy it (hopefully!) Oil prices are rising because of runaway speculation in the world market. What does 'infalted' mean???

When money is easier to borrow there becomes more NEW money. Which has No true value. The cause of creating more money has an effect of a dollar that becomes worth less. Thus increasing the prices of true value (inflation). Inflation is rising prices. It is caused by the issuance of more money being created. This would not occur in a sound money system (gold standard) as opposed to a highjacked one (federal reserve fiat).

[MorningGlory]

Our economy has been inflated (fed reserve rate cuts) with fake (fiat) currency. Its not just oil. It is all things. Look at food, energy, entertainment, education, health, etc.. Prices are increasing everywhere on everything. That is the question. Why are all prices so high and rising on all things? (not just oil).

Oil supply is speculative. Prices are marginally fixed on supply/demand.

One reason is because all goods are delivered by trucks and planes that run on fuel. Then when they take a good chunk of our food supply to make fuel, it doesn't help.

Oil prices are high because of inflation (rate cuts by the Fed. res.) more than supply (which is speculative). The supply is nothing but a speculation. Our over inflated housing market gives testimony to rate cuts not oil prices. Our economy is indebt and infated. It is a bubble and about to be popped. It has been infalted on purpose.

http://money.cnn.com/2008/06/11/news/econo...sion=2008061113

http://money.cnn.com/news/specials/fed/

Oil prices have little to do with the Federal Reserve cutting interest rates; oil is a commodity and is held and traded as such. Even OPEC is saying that the current prices can't be supported by supply and demand either. See link .... Uh....what does 'infalted' mean?

http://news.yahoo.com/s/ap/20080613/ap_on_bi_ge/oil_prices

Oil prices are rising because OF the cutting of interest rates. Just like gold even the stock market. As well as rising prices it can also be said that your dollar is really just becoming worth less (inflation).

Cutting interest rates makes money cheaper to borrow, basically. What does this have to do with rising oil prices? Oil is a commodity; people aren't borrowing to buy it (hopefully!) Oil prices are rising because of runaway speculation in the world market. What does 'infalted' mean???

When money is easier to borrow there becomes more NEW money. Which has No true value. The cause of creating more money has an effect of a dollar that becomes worth less. Thus increasing the prices of true value (inflation). Inflation is rising prices. It is caused by the issuance of more money being created. This would not occur in a sound money system (gold standard) as opposed to a highjacked one (federal reserve fiat).

Oh, come on, we all know that the Depression was caused (in part) by our economy being chained to the gold standard. We haven't adhered to that in the U.S. since FDR took office over 70 years ago! And our economy grew exponentially once we got away from it. You're correct about printing new money being one cause of inflation; never a good idea, but that is NOT what is causing oil prices to rise so rapidly....it's a world market and the speculators are global, not just here. The U.S. dollar's weakening does affect oil prices somewhat, this is true, but you can't hold our government responsible for regulating a globally held commodity; they just can't do it. I believe that some in our government are involved in the speculation that is driving prices up, I really do, but there are many other factors as well. The old 'supply and demand' argument just can't account for oil tripling in price in 8 years though. A third grader should be able to figure out that usage in developing countries has only increased about 15% in that time. Simple deduction tells me that the price of oil is being manipulated. The answer to the problem is to throw a wrench into the works. The opening of new oil deposits would seriously dampen the speculator's ability to run prices up. The market, here and abroad, reacts hysterically to everything, good and bad.

[faith pleases God]

Our economy has been inflated (fed reserve rate cuts) with fake (fiat) currency. Its not just oil. It is all things. Look at food, energy, entertainment, education, health, etc.. Prices are increasing everywhere on everything. That is the question. Why are all prices so high and rising on all things? (not just oil).

Oil supply is speculative. Prices are marginally fixed on supply/demand.

One reason is because all goods are delivered by trucks and planes that run on fuel. Then when they take a good chunk of our food supply to make fuel, it doesn't help.

Oil prices are high because of inflation (rate cuts by the Fed. res.) more than supply (which is speculative). The supply is nothing but a speculation. Our over inflated housing market gives testimony to rate cuts not oil prices. Our economy is indebt and infated. It is a bubble and about to be popped. It has been infalted on purpose.

http://money.cnn.com/2008/06/11/news/econo...sion=2008061113

http://money.cnn.com/news/specials/fed/

Oil prices have little to do with the Federal Reserve cutting interest rates; oil is a commodity and is held and traded as such. Even OPEC is saying that the current prices can't be supported by supply and demand either. See link .... Uh....what does 'infalted' mean?

http://news.yahoo.com/s/ap/20080613/ap_on_bi_ge/oil_prices

Oil prices are rising because OF the cutting of interest rates. Just like gold even the stock market. As well as rising prices it can also be said that your dollar is really just becoming worth less (inflation).

Cutting interest rates makes money cheaper to borrow, basically. What does this have to do with rising oil prices? Oil is a commodity; people aren't borrowing to buy it (hopefully!) Oil prices are rising because of runaway speculation in the world market. What does 'infalted' mean???

When money is easier to borrow there becomes more NEW money. Which has No true value. The cause of creating more money has an effect of a dollar that becomes worth less. Thus increasing the prices of true value (inflation). Inflation is rising prices. It is caused by the issuance of more money being created. This would not occur in a sound money system (gold standard) as opposed to a highjacked one (federal reserve fiat).

Oh, come on, we all know that the Depression was caused (in part) by our economy being chained to the gold standard. We haven't adhered to that in the U.S. since FDR took office over 70 years ago! And our economy grew exponentially once we got away from it. You're correct about printing new money being one cause of inflation; never a good idea, but that is NOT what is causing oil prices to rise so rapidly....it's a world market and the speculators are global, not just here. The U.S. dollar's weakening does affect oil prices somewhat, this is true, but you can't hold our government responsible for regulating a globally held commodity; they just can't do it. I believe that some in our government are involved in the speculation that is driving prices up, I really do, but there are many other factors as well. The old 'supply and demand' argument just can't account for oil tripling in price in 8 years though. A third grader should be able to figure out that usage in developing countries has only increased about 15% in that time. Simple deduction tells me that the price of oil is being manipulated. The answer to the problem is to throw a wrench into the works. The opening of new oil deposits would seriously dampen the speculator's ability to run prices up. The market, here and abroad, reacts hysterically to everything, good and bad.

That is wrong! The Federal Reserve took control in 1913 (1929 was the Great Deppression). It is unconstitutional for our government to issue a currency that is not backed by silver or gold. Article 1 section 8.

http://theeagleseyeandtalon.blogspot.com/2...goldsilver.html

Our present currency(fiat) is allowed to these private people (Federal Reserve). In 1913 we the people had our economy hijacked and are now economic slaves to them. I agree that manipulation is occuring concerning oil. But the root of the problem is much bigger than oil and gas prices. Even though, rate cuts and inflation is the reason for inflation and our coming economic collapse. Designed to introduce the amero.

http://www.gold-eagle.com/editorials_05/kirby062806.html

[faith pleases God]

http://www.infowars.com/?p=2665

[MorningGlory]

That is wrong! The Federal Reserve took control in 1913 (1929 was the Great Deppression). It is unconstitutional for our government to issue a currency that is not backed by silver or gold. Article 1 section 8.

http://theeagleseyeandtalon.blogspot.com/2...goldsilver.html

Our present currency(fiat) is allowed to these private people (Federal Reserve). In 1913 we the people had our economy hijacked and are now economic slaves to them. I agree that manipulation is occuring concerning oil. But the root of the problem is much bigger than oil and gas prices. Even though, rate cuts and inflation is the reason for inflation and our coming economic collapse. Designed to introduce the amero.

http://www.gold-eagle.com/editorials_05/kirby062806.html

You seem to be arguing something besides the topic, FPG. Roosevelt abandoned the gold standard in 1933 (see article). I'm not talking about the Federal Reserve or the Amero; I'm talking about the current state of oil prices and the contributing factors. This other stuff is off topic. Maybe you could start another thread about those issues? This is the relevant paragraph from the article:

"Unlike Hoover, Roosevelt took strong steps immediately to battle the depression and stimulate the U.S. economy. When he assumed office in 1933, a banking crisis was in progress. More than 5,000 banks had failed, and many governors had curtailed banking operations. Roosevelt closed the banks, and Congress passed an Emergency Banking Act, which saved banks in sounder financial shape. After the

[faith pleases God]

That is wrong! The Federal Reserve took control in 1913 (1929 was the Great Deppression). It is unconstitutional for our government to issue a currency that is not backed by silver or gold. Article 1 section 8.

http://theeagleseyeandtalon.blogspot.com/2...goldsilver.html

Our present currency(fiat) is allowed to these private people (Federal Reserve). In 1913 we the people had our economy hijacked and are now economic slaves to them. I agree that manipulation is occuring concerning oil. But the root of the problem is much bigger than oil and gas prices. Even though, rate cuts and inflation is the reason for inflation and our coming economic collapse. Designed to introduce the amero.

http://www.gold-eagle.com/editorials_05/kirby062806.html

You seem to be arguing something besides the topic, FPG. Roosevelt abandoned the gold standard in 1933 (see article). I'm not talking about the Federal Reserve or the Amero; I'm talking about the current state of oil prices and the contributing factors. This other stuff is off topic. Maybe you could start another thread about those issues? This is the relevant paragraph from the article:

"Unlike Hoover, Roosevelt took strong steps immediately to battle the depression and stimulate the U.S. economy. When he assumed office in 1933, a banking crisis was in progress. More than 5,000 banks had failed, and many governors had curtailed banking operations. Roosevelt closed the banks, and Congress passed an Emergency Banking Act, which saved banks in sounder financial shape. After the

[MorningGlory]

That is wrong! The Federal Reserve took control in 1913 (1929 was the Great Deppression). It is unconstitutional for our government to issue a currency that is not backed by silver or gold. Article 1 section 8.

http://theeagleseyeandtalon.blogspot.com/2...goldsilver.html

Our present currency(fiat) is allowed to these private people (Federal Reserve). In 1913 we the people had our economy hijacked and are now economic slaves to them. I agree that manipulation is occuring concerning oil. But the root of the problem is much bigger than oil and gas prices. Even though, rate cuts and inflation is the reason for inflation and our coming economic collapse. Designed to introduce the amero.

http://www.gold-eagle.com/editorials_05/kirby062806.html

You seem to be arguing something besides the topic, FPG. Roosevelt abandoned the gold standard in 1933 (see article). I'm not talking about the Federal Reserve or the Amero; I'm talking about the current state of oil prices and the contributing factors. This other stuff is off topic. Maybe you could start another thread about those issues? This is the relevant paragraph from the article:

"Unlike Hoover, Roosevelt took strong steps immediately to battle the depression and stimulate the U.S. economy. When he assumed office in 1933, a banking crisis was in progress. More than 5,000 banks had failed, and many governors had curtailed banking operations. Roosevelt closed the banks, and Congress passed an Emergency Banking Act, which saved banks in sounder financial shape. After the "bank holiday," people gradually regained confidence in banks. The United States also abandoned the gold standard and put more money into circulation."

The rest is here:

http://encarta.msn.com/encyclopedia_174150...es_history.html

I'm explaining why oil prices are high. Our problem is a central banking system started in 1913 and no standard entirely.

I'm afraid I have to say ; you're off on another subject. If our banking system didn't work, we couldn't have built the largest economy in the history of man. You've got to get off that one topic and look at global happenings in relation to oil prices.

[faith pleases God]

That is wrong! The Federal Reserve took control in 1913 (1929 was the Great Deppression). It is unconstitutional for our government to issue a currency that is not backed by silver or gold. Article 1 section 8.

http://theeagleseyeandtalon.blogspot.com/2...goldsilver.html

Our present currency(fiat) is allowed to these private people (Federal Reserve). In 1913 we the people had our economy hijacked and are now economic slaves to them. I agree that manipulation is occuring concerning oil. But the root of the problem is much bigger than oil and gas prices. Even though, rate cuts and inflation is the reason for inflation and our coming economic collapse. Designed to introduce the amero.

http://www.gold-eagle.com/editorials_05/kirby062806.html

You seem to be arguing something besides the topic, FPG. Roosevelt abandoned the gold standard in 1933 (see article). I'm not talking about the Federal Reserve or the Amero; I'm talking about the current state of oil prices and the contributing factors. This other stuff is off topic. Maybe you could start another thread about those issues? This is the relevant paragraph from the article:

"Unlike Hoover, Roosevelt took strong steps immediately to battle the depression and stimulate the U.S. economy. When he assumed office in 1933, a banking crisis was in progress. More than 5,000 banks had failed, and many governors had curtailed banking operations. Roosevelt closed the banks, and Congress passed an Emergency Banking Act, which saved banks in sounder financial shape. After the "bank holiday," people gradually regained confidence in banks. The United States also abandoned the gold standard and put more money into circulation."

The rest is here:

http://encarta.msn.com/encyclopedia_174150...es_history.html

I'm explaining why oil prices are high. Our problem is a central banking system started in 1913 and no standard entirely.

I'm afraid I have to say ; you're off on another subject. If our banking system didn't work, we couldn't have built the largest economy in the history of man. You've got to get off that one topic and look at global happenings in relation to oil prices.

Are you the topic police? Our economy has economically enslaved all of America (it's true and I'm sorry). This is the reason for high prices, oil and everything else. Which is on topic mrs. officer, ma'am.

[MorningGlory]

Are you the topic police? Our economy has economically enslaved all of America (it's true and I'm sorry). This is the reason for high prices, oil and everything else. Which is on topic mrs. officer, ma'am.

Your sarcasm is unbecoming and, I might add, lost on me. Your comments are simply more conspiracy theory nonsense and don't address the current market conditions that are driving up oil prices. Those conditions would be supply and demand and runaway speculation.