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<blockquote data-quote="UPS Lifer" data-source="post: 1036154" data-attributes="member: 9789"><p>You and I differ philosophically on Capitalism so we will never agree. Oil companies are the easiest target for advocates of BIG GOVERNMENT, hardline union folks and socialists to attack. They make billions of dollars. We use trillions of gallons of fuel! It appears to the average American that the oil companies are raping hard working Americans. </p><p></p><p></p><p> I am trying to simplify the discussion because those wonks who study economics know that there are X NUMBER of factors involved with price increases along with psychological factors that are really tough to pin down. </p><p>Over the long haul - RULE OF THUMB - A STRONG DOLLAR MEANS LOWER PRICES AND MOVES WORLD MARKETS (most importantly oil) TO A UNITED STATES COMPETITIVE ADVANTAGE. </p><p></p><p>This is the main factor why the prices have gone up from below $2 a gallon when BO took office. If we could miraculously reduce the deficit and pull in $$$ to reduce the currency in circulation, then the $ would be so strong that it would diminish all other currencies in relation. OIL IS A WORLD CURRENCY in some regard and because it is traded using UNITED STATES CURRENCY, we are the biggest factor in the pricing. </p><p></p><p>Oil would drop at a rate in direct correlation to the strength of the dollar. Transportation costs affect everything else. Let's not forget that companies and governments speculate on oil and buy contracts at a certain rate and these are additional factors that can affect prices - beside many other factors. </p><p></p><p></p><p>ON THE FLIP SIDE</p><p></p><p>Continue with trickle down government policies and the dollar will continue to weaken causing more inflation and a weaken US world economy which will affect the security of our country. It is just a matter of time. </p><p></p><p>A strong dollar means a strong and secure America. </p><p></p><p>The only reason we are still competitive right now is because Europe is imploding.</p></blockquote><p></p>
[QUOTE="UPS Lifer, post: 1036154, member: 9789"] You and I differ philosophically on Capitalism so we will never agree. Oil companies are the easiest target for advocates of BIG GOVERNMENT, hardline union folks and socialists to attack. They make billions of dollars. We use trillions of gallons of fuel! It appears to the average American that the oil companies are raping hard working Americans. I am trying to simplify the discussion because those wonks who study economics know that there are X NUMBER of factors involved with price increases along with psychological factors that are really tough to pin down. Over the long haul - RULE OF THUMB - A STRONG DOLLAR MEANS LOWER PRICES AND MOVES WORLD MARKETS (most importantly oil) TO A UNITED STATES COMPETITIVE ADVANTAGE. This is the main factor why the prices have gone up from below $2 a gallon when BO took office. If we could miraculously reduce the deficit and pull in $$$ to reduce the currency in circulation, then the $ would be so strong that it would diminish all other currencies in relation. OIL IS A WORLD CURRENCY in some regard and because it is traded using UNITED STATES CURRENCY, we are the biggest factor in the pricing. Oil would drop at a rate in direct correlation to the strength of the dollar. Transportation costs affect everything else. Let's not forget that companies and governments speculate on oil and buy contracts at a certain rate and these are additional factors that can affect prices - beside many other factors. ON THE FLIP SIDE Continue with trickle down government policies and the dollar will continue to weaken causing more inflation and a weaken US world economy which will affect the security of our country. It is just a matter of time. A strong dollar means a strong and secure America. The only reason we are still competitive right now is because Europe is imploding. [/QUOTE]
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