The Truth About Oil Prices

All Global Oil Commodities are sold in what is called the Petro-Dollar, otherwise known as the United States Dollar (USD). The price of oil is directly a result of the devalued USD. Iran has already refused to accept the USD in its oil transactions preferring the Euro and the Yen.

Simply said, when a significant amount of currency (USD) is added to the global circulation then the value of that currency drops the identical amount. So as the Federal Reserve adds to the amount of USD in circulation, they devalue the currency.

It could be a shell game to support the continued government spending, or it could be o drive the value of the dollar down so the Population would be accepting of another currency. This could be the Amero but I am only speculating.

If the private bankers that control the Federal Reserve increased their influence to Mexico and Canada they would increase their profits by 30% and become the most powerful entity the world will ever see.

Now I am far from a "Truther" but there is a definitive reason for the Federal Reserve’s actions. Gross incompetence is to easy an answer and is more than likely farther from the truth. With global energy demands being satisfied, then why the rise in Oil, if anything the Oil companies would know that they would eventually lead to more regulation on them. So the long term benefits for astronomical prices would be small.

So we must look for another reason or motive as to why Oil Commodities are so high priced since “Supply and Demand” principles are not the issue.

Taxes on Global Oil Commodities are non-existent and the US has not levied more on them. With the push for Global Warming awareness poised to reduce consumption how can a commodity that is headed for extinction rising in price?

As I said, the Currency used to purchase it is devalued. Thus requiring more of the Currency to purchase the same amount of the Commodity. This is also the same reason there are rising food prices and textile goods.

This is the reason Dr. Paul has pushed for a real and meaningful discussion on Monetary Policy. As the currency is devalued it causes inflation and we are seeing Hyper-Inflation in our commodities indexes. We have to stabilize the currency in order to remain a sovereign nation otherwise China can take us over without ever firing a shot.