Solution to oil prices?

Question

OPEC sells oil to the U.S. for $136.00 a barrel.

OPEC nations buy U.S. grain at $7.00 a bushel.

Solution: Sell grain for $136.00 a bushel.

Can't buy it? Tough! Eat your oil!

Why don't we charge those countries that are supplying us with oil more for the things we export to them?

Why or why wouldn't this work?

Answer 1

Supply and demand. There isn't a big enough demand to raise the grain that much. If the price goes that high the countries buying it will not use it as much, if at all continue to buy it..When the gas prices started to sky rocket a year ago(if not more), Americans drove 30 billion miles less from November of 07 to April of 08. 30 billion miles is incredible!!!! Invest in companies that profit from these high gas prices...

Answer 2

Today, we get most of our oil from Canada. But we cannot do much to control the oil prices. Our economy depends on it, because gas transports everything. Because we did not come up with alternatives quickly enough and made ourselved so dependent on gas, it will take a long time before the demand goes down.

Answer 3

THEY ARE TRYING TO HURT BUSH, BUT THEY KEEP MAKING HIM RICHER, IF THEY WANT TO HURT HIM MAKE OIL AND GAS GO DOWN, MAKE BUSH LOSE MONEY. OPEC IS HELPING BUSH fund his Spec war and other wars.

Answer 4

OPEC sells oil for 2000$ a barrel to US, buys grain for 7 from china.

Welcome to the global economy.