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Dispelling the Energy Price Myth

Posted on 10/05/2006 10:14 AM | Link | Post Comment

Now that the media is screaming about the new bear market in energy, we need to address or confirm these myths, and understand what is really going on around us.

1) The war on terror has drawn a battle line in the sand. In order to effectively fight and defeat terror, you have to cut off the money supply to countries that support, and produce terrorists. Since the majority of the terrorists come from oil producing countries like Saudi Arabia, Iran, Iraq, Libya, and the Sudan, ending our dependency to their oil must be a priority. Oil profits earned from these countries go to other countries that carry out terrorist acts, and cutting off this source of funding seems to be a priority.

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