[AdamG]

Originally Posted by Cory_Pilfold

Oil is not running out..Where the fuck did you get that? Oh thats right the media.

I guess they didn't tell you that there is a trillion barrels of oil in the alberta oil sand reserves..even more in alaska. We have enough untapped oil on this planet to last another 200 years. The problem is

#1) Inflation

#2) Dollar devalueation

#3) National debt ( 10 trillion)

#4) Stock markets

#5) MONEY.

Once oil prices reach a peak, That's when you'll see the Iraqi oil fields get sold for BIG profit.

Pretty much sums it up. Along with collusion amongst the oil companies, who use every newsworthy piece of unrest in the Middle East to hike up prices, when the fact is we import most of our oil from Canada. Competition with China and India will also drive prices up as they can now compete with our bids...

Oh right, and a Texas oil man has been President for 8 years.

[Ultimo Hombre]

Originally Posted by Cory_Pilfold

you are indeed correct, but i think it has more to do with the failing economy and US dollar devaluation.

It's all inter-related. Our economy is shit because we "create money" out of thin air to fund this war. Creating money from nowhere creates inflation, and devalues our currency.

No war, no devalue.

[Gandhi]

^^^^Actual that is not to off for an ultimate homo post. But we did not "create it" we borrowed it from Japan and China.

Right that war has increased deficits which are supported by these loans.