oil prices
@OpinionatedLady (5965)
United States
May 9, 2012 5:09pm CST
SO I saw and read this article.
http://www.huffingtonpost.com/2012/05/09/oil-prices-fall-for-sixth_n_1503952.html?icid=maing-grid7%7Cmain5%7Cdl4%7Csec3_lnk1%26pLid%3D159304
I have to say that as for the prices going down yes I am happy about that but I cannot help but think there is something wrong with this picture. If the reserve is higher then it has been in the last 22 years why are we paying what $3 or so more then everyone was paying 22 years ago? I mean I expected to the prices to drop the closer to the Presidential vote came or when Obama was falling in the poles. I mean the whole gay marriage thing is part of the final shine for voters but it is the fact that these statistics didn't happen over night. It didn't become that high of a reserve in six days. What is the problem with this picture and how as Americans do we fix it with these politicians in government?
4 responses
@thegreatdebater (7316)
• United States
10 May 12
What you have to understand is that businesses have realized that they can buy our government so they don't have to worry about it breaking up monopolies, or capitalist principles. The oil companies learned years ago that if you control the refining of oil they can control the price. They have also learned that they can manipulate the public by sending out their PR people to push for $4 a gallon gas. So when it is ONLY $3.50 we think it could be worse. The only way you are going to see gas go below $3 a gallon again is for the government to take over old wells, and build refineries (like they do in other countries). Or, see the economy fall off a cliff like it did in 2008.
@OpinionatedLady (5965)
• United States
10 May 12
Yes I know. I really want to get people thinking though. So many are just willing to look the other way and say "oh well that's our government" ok so maybe it is but we are their bosses and we the people need to stand up and say NO. If we want change we need to do something about it. Like you said the companies have made it that we are glad to see $3.50 a gallon. I want people to ask why is it still that high?
@thegreatdebater (7316)
• United States
12 May 12
The sad part of this is that both parties are the same. If one party came forward and had a plan to end the corporate corruption in this country I would support them. But, neither party is doing that. One party (the republicans) are in bed more with corporations, but the democrats are not saints by any means.
@OpinionatedLady (5965)
• United States
14 May 12
Yes we need to dump them both...I think they need this to remember that they are supposed to be for the people.
@celticeagle (189874)
• Boise, Idaho
10 May 12
Well, atleast something is high in this country. And sometimes I wish I was for the amount of good it would do. I can remember when gas was 75cents a gallon. Those were the days. We are paying three dollars PLUS because we have let it happen. We let people do sloppy jobs and we don't say anything. We let things get out of control and we don't do anything. Is it because we feel we might look like a fool or just don't know how to do anything about it. For me it is the latter. Where do we go? What can we do? We have no politicians we can really trust or that has a clear open door policy where we can make our feelings known. People just don't care anymore!
@OpinionatedLady (5965)
• United States
10 May 12
I think they will make the prices drop to make Obama look good so he can win the next election.
@knoodleknight18 (917)
• United States
10 May 12
Well, you have to realize that there was a largely oil driven inflation in the past 8 years. So adjusted for inflation, the 90 cents or so a gallon it was in 1990 would be like $1.50 now. Also add to the fact that oil companies like to play the games. Yeah, there was an artificial inflation of oil prices, and the companies made lots of money. Well now the country has suffered from high prices and now consumes much less oil causing a surplus on the supply side. But if you remember refineries were recently closed. So now they "have a supply problem" that enables them to keep high prices, refine less oil and sell it at the same high price, making more money with less effort and product consumption.
