Posted on Sustainabilitank.info on June 8th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)
The Financial Times of London: A weaker dollar could even see investors push the oil price higher. Last month, Opec president Chakib Khelil used this argument to predict $200 oil – and it looked less far-fetched this week when the Goldman Sachs analyst who correctly predicted $100 oil made a similar, if self-serving, prediction.
Look what I came up when we searched for “Oil $200″ on Financial Times online:
http://search.ft.com/search?queryText=Oi…
The stuff is exciting to us - this because we need a higher price of oil in order to bring recalcitrant folks to their senses.
The need is to proceed decreasing the dependence on oil. To do this we will have to sell the remaining Hummers to the world’s museums. We saw this week the start by General Motors scratching their production of SUVs.
Also, we saw the UN making grand promises for a hunger free world, but going home after being rebuffed by the Latin Americans who won the day. Biofuels are not the source of hunger but the opposition to them is another oil industry invention.
The higher the price of oil - the better - but clearly we can envision much better ways of achieving this then by burying the dollar so that the oil magnates get their feed. Had we gone to the sun rather then Iraq, we would by now have turned the dollar around. Washington will try now to tar white-man Barak Obama in order to keep some of the Washington establishment in place. Those folks better be retired to the salt mines and straight thinking fresh and green folks replace every single one of them. Do not bring in MIT professors, they did not relearn yet the difference between thermodynamics and human dynamics. Bring in old time, home grown conservationists as the real honesty-goodness conservatives. We looked at some of the stuff being pushed around the webs and we are appalled at what the US election campaign will be like.
Bring in folks that believe a dollar in hand is valued more then a dollar in speculative spin. Bring in 140 IQ folks that know to operate technologies that could effectively be run by 100 IQ folks. Do not sell us pie-in-the-sky, but allow the world to grow rice and wheat and corn. Make the world proud again when holding in hand a green US dollar.
Obama, we hope someone gives you to look at this posting.






















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