A theory on high oil prices

Why are we having such high prices for oil? Some say peak oil is becoming a known reality and therefore the supply is shrinking the demand increasing hence the rise in prices. Sounds okay but not as devious as one would expect from the oil companies. Here's my theory.
In order to secure more domestic oil reserves it will be necessary to go after the more difficult fields such as shale in the United States. In order to make that feasible the price of oil must exceed at least $30.00 per barrel. It would be very interesting to research the oil potential in the US based upon an increase price in oil per barrel. Here is an interesting article for what it is worth that could lend support as to what and why we are experiencing inflated oil prices. http://deseretnews.com/dn/view/0,1249,600116213,00.html
Be interested in other's reactions and responses to this idea. http://www.infinitebang.com/patriotenergycorp.com/index.php?view=shale_oil

Be hard to find out for sure though.

Bryant
Check it out --> http://politicalcomment.blogspot.com

Think about it. What single factor has boosted the value of the American oil owned by Bushco, and the Saudi oil owned by Bush's Best Buds, the Bin Ladens, more than the cutoff of Iraqi oil?

led by none other than Hugo Chavez. Cartels are easier to break when the producers are strapped for cash. With the recent surge in oil prices and in demand from Asia, the producers are flush with money and are not tempted to break ranks.

Also, the oil-producint infrastructure is still lagging from the days when oil was below $15 a barrel and it didn't pay to explore or drill.

The infrastructure will eventually catch up. The cartel will eventually be broken, just like it was in the 70s. Whether there are still major new deposits remains to be seen.

military.

;-)

1.5 trillion barrels? Woopee! Shale oil for everyone!

I'm so glad that God hates alternative energy sources so much because god knows there's no wind or sun EVER in southern Utah.

Sure, take the whole top layer of earth off of Utah. Make it snow brown in the Wasatch, what do care. I'll just go ski at Whistler.

This is making me dry heave, I need to go eat something.

of extracting oil from shale are horrendous. http://www.greenpeace.org.au/features/features_details.html?site_id=45&news_id=1435

the Rapture would never happen. And we can't have that, now can we?

Americans That Helped Castro

From Che Guevara, By Jon Lee Anderson


A favorable Herbert Matthews February 24, 1957 article published in the New York Times, gave Castro international press exposure and credibility within Cuba. This was at a time when his rebel army had less than twenty fighters. The article, soon followed up by Wendell Hoffman and Bob Taber from CBS, who then became a Castro activist, helped the communist to grow their army exponentially in the next few months. At a time when it could of been crushed easily. Robert Taber founded Fair Play For Cuba Committee, a pro Castro U.S. lobby group. Supported by liberal left intellectuals: Allen Ginsberg, Carleton Beals, C. Wright Mills, I.F. Stone.

How much money has Castro cost this country? No New York Times article, no Castro. Cuba also exported Communist revolutions all over the world. More money out of your pocket.