Why are we paying high gas prices so the IMF and World Bank can forgive third world debt?

Question

You are aware there is so much oil in the world that it could cost $10 a barrel right? You are aware there is so much oil in Alaska we could supply our needs for 200 years? Or that Saudi Arabia is NOT out of oil, that Russia just found the world's largest oil field ever?

High gas prices are a way to tax the world.

Big oil doesn't benefit as much as the IMF and the World Bank!

Answer 1

Our debt dwarfs that of third worlds.

Answer 2

Because life is not fair and no one ever said it would be. Our frickin country should take care of us first... when everything is in order here, then and only then should we start looking for ways to help other countries.

Answer 3

gas i alot of $ cause it comes from forign coutries. so it cost more. and gas staitoins overprice gas . ( they sell it 4 more than what they bought it 4)

Answer 4

I don't see how the IMF or the World Bank or the United Nations or the ILO or the ABC have anything to do with the price of gas, my friend.  You may, however, say that the U.S. is being bled by the oil producing countries, who refuse to increase production because it is most beneficial for their purposes only. This country has a long history of its NIMBY attitude concerning new wells and refineries.  You might even say the Middle East has the West "Over a barrel."

Answer 5

The same reason you can't just buy a cow and milk it, eat it etc.  There's too many externals for an urbanite to consider.  The United States and Canada have oil reserves a-plenty but their infrastructures are either too young or too old.  Why?  Either lobbying or complacency keeps us tied to the Middle East.