T&T: $100 + a barrel!

Peter Gelinas petergelinas at hotmail.com
Thu Jan 3 18:36:23 EST 2008


> It really amazes me that there is no noticeable public reaction to these
> increased prices. The American public
> just seems to accept this as inevitable and irresolvable.
>
> Strange
>
> Frank Burrows

I hope this isn't considered a political statement.

I think the Genie is out of the bottle, and we aren't going to get her (him)
back in again.

We have transferred a lot of our manufacturing and service industry to other
countries. These people look at us and decide they want some of the good life
too.

With 2,452 million people in India and China about to become consumer nations.
Spending the money we have been sending them for manufacturing the cheap goods
we so dearly love ... just those two nations alone are 8 times the population
of the US ....

Do you really think we are going to be able to control the price of oil? It
isn't the Arab and other oil producing nations who are at fault, they are
selling their product to the highest bidder. Thats just good old business!

WE are the problem. We sold our economy down the river for cheap shirts and
call centers open 24 hrs a day.

Gasoline and diesel isn't expensive! The problem is that North America is
becomming a 'third world nation' who can't afford the world price of gas and
oil (currently over $6.00/gal in Spain).

Peter







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