Oil Price Increase Survey, best gets 10. Care to answer?

Question

OIL PRICE INCREASE

(preferably in the Philippine setting)

1. What do you think is the MAIN CAUSE for the increase?

2. HOW HARD does this issue hit YOU as an individual?

3. What would you SUGGEST to help relieve (if not totally eradicate) the said problem?

4. What do you FORESEE in the future as results from this phenomenon?

(statistics, graphs, other facts will go a long way)

thanks and love y'all !

Answer 1

George W. Bush is the main cause for the oil costs increase because he has not done anything to cap the prices. He has also failed to administer appropriate funds to generate a healthy approach to greener living. Overall he and his administration have failed the American people miserably yet their monetary ventures have made them filthy rich while holding terms of office under their influencially sly acting leader and businessman . Does anyone recall Ol' W's previous ventures in employment? Failed Oil Companies. (Yeah more than one).  How lucky for him that as he leaves his 8 year steadfast as the American People's worst president, he can now comfortably slip into bed with his profit bursting oil businesses and all his greatful new business allies in his old field. Doubt any more of his oil companies will ever fail again.

How does this hit me as an individual? Really hard. In the head, gut and wallet. Makes me spun just wondering how our snake of a President has not been sent to the electric chair none the less seen any criminal charges brought against him or the other crooks under his hire. I guess he's just too oily and can slip and slither his way out of anything with that forked tongue and dim witted act of his.

My suggestion as a solution to this addiction to oil our President has left as his footprint of his leadership is the obviously abundant energy of the planet that commands our solar system to revolve around it - the abundant life and energy giving Sun - obviously. If we put just one months worth of money that we continually are shelling out on the unwinnable war, towards incentives, grants and innovative research into an already proven solar technologies we would already be on our way to kicking our oil addiction. But then Geogre and his coharts would cease in their endeavors of filthy richness via oil.

Mind you, the only phenomienal aspect of this is the fact that the man whom abused his stay in the White House, by manipulating his authoority to produce outcomes that only benefit his own social and financial ambitions, will emerge as one of the elite that the rising costs of living in America is not even a cause of concern to.  I do foresee this to be a huge burden to the rest of us and a problem that will cause a lot of greif and hardships to the oil addicted junky more commonly referred to as an American.

Answer 2

1- i dont need the ten points, our main cause is because we have Two Texas oilmen running our country so neither one f them want to see the price of oil come down.

2-The high costs of oil hits everyone hard because everything is connected to the high price of oil. Poor leadership has got us into this Mega problem, any good leader woud have started makeing some provisions to face this problem years ago instead of looking the outher way and letting this oil problem smack us right in the mouth.

What are we paying these guys for,if we done this kind of work we would be in prison.

4- I am forseeing alot of alturnetive fuels and the development of synfuel plants because we are rich in coal,we can  produce all the gas we need for the next 250 years.

For the next year or two it will be tough going but after that OPEC will see hard times.

One outher thing would help us and that is to throw these speculators out of the bidding process concerning oil, all they do is drive the price up much like shill bidders do on Ebay

they dont want the product but are compensated by the seller to drive the prices upand offcourse that is ilegal

Answer 3

what, you can't do your own homework assignment, this is cheating

Answer 4

I think that the three major reasons that oil prices have skyrocketed lately is 1. Iraqi oil fields (some of the largest in the world) aren't producing (wonder why?) 2. Saudi's need the money to further fund terrorism (wonder why?) and 3. China and India are growing faster than we can keep up with.  Solutions are to uncap the thousand of government issued oil fields that oil companies aren't using (there are thousands that will produce oil but are capped).  Secure, but not drill, on the coastal waters outside the U.S......we should wait to do that until we are the only source of oil left so we can get ourselves out of the $hit heap that we created.

Answer 5

1. Main cause=weak economy=inflation when currency crumbles to worthlessness and inflation hedge grabbing which produces what people who don't know a c**p about economics call speculation.

2. Been driving a 35 MPG car since the end of the 20th century. It isn't really a problem.

3. Improve the US economy or else switch the world reserve currency to the Euro/stable currency

4. If prices get out of control, prepare for world economic collapse. If a range is created and prices are stabilized, nothing too big will happen.

Answer 6

1. Main cause - low oil prices in the past ($10 a barrel in 1998) encouraging waste and reducing investment in capacity, conservation measures.  A weak US dollar, so the real price has been overestimated.

2. Minimal - I walk to work.

3. Increasing supply - this is several years away as oil  fields and refineries can not be built overnight and bio-fuels are not truly viable. Only alternative - reduce demand, happening as price increases.

4. The low point for oil is now about $80 a barrel, and unlikely to get lower, Expect a range from$100 to $200

Answer 7

1. There is no sharp change in supply & demand. The cause would be from capital market. The rumor of Israel bombing Iran would accelerate the worst. The real black-hand would be al Qaeda. They used their network to mobilize its supporters to push the oil price in capital market; the negative news in Iraqi war gave additional impact on capital market; the property credit issues was also a blow

2. the global economy is in crisis and caused crisis in all local economy. No countries can escape from this crisis.

3. Stop buying and selling on crude oil in capital market. Then trace the source of the al Qaeda network and freeze all their business and share. There will be sufficient oil for winter soon.

4. The nuclear plan and missile program in Iran should be their puffing. The aim is to force U.S. and Israel to bomb Iran where is merely a desert and Iran would lost nothing. This is a re-run of Iraqi war. If U.S. or Israel bombs Iran, the oil price would be unstoppable. Then, U.S. would have no resource to fight any more, and would be forced to withdraw from Iraq and Afghan. After the withdraw, al Qaeda will be back to takeover Iraq and Afghan. Then, they got resource to bomb U.S. to ash. Then, Israel would be fighting alone and will loss their battle. This can eliminate U.S. and Israel for good.