Monday, May 19, 2008

Drive Oil Prices Up

SEARCH BLOG: OIL

Which of these is not a cause of high oil prices [you can pick more than one]?
  • Weak dollar from trade imbalances
  • Weak dollar from Federal Reserve lowering interest rates too far
  • Government restricting development of new domestic oil sources
  • Government process to approve building new domestic refineries
  • Political instability in oil producing countries
  • Commodity speculation
  • Failure to punitively tax oil companies
  • Automobile companies selling more SUVs [last decade]
  • Automobile companies selling less SUVs [this decade]
  • Customers buying more or less SUVs
  • Absence of a coherent energy policy
  • The competitive global marketplace
  • The absence of an economically viable alternative to oil
No, I'm not going to tell you.

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