Monday, August 23, 2010

Is Bush have any thing do to with the oil prices?

yes, cause all the trouble he is causing.


Bush is a puppet for the wolfowitz doctrine and other high profile secret societies. He is not for the people, he is for corporations, and making money for him and his cronies. Not helping any of use americans. Bush is a good puppet.Is Bush have any thing do to with the oil prices?
No, I don't think soIs Bush have any thing do to with the oil prices?
No actually is is determined on the world market. The US dollar has decreased in value significantly over the last few years. Since the dollar is worth less it buys less.





One could argue that BOTH parties are to blame in that neither side has ACTED on passing any energy policies.





One can argue that we are to blame for buying all those mini vans and SUV's, then driving 30 miles to work school everyday.





Also it is really about speculation in addition to supply and demand. You can watch the REAL price changes by going to nymex.com





Oil companies are not gouging us, they are paying more for oil now too(and make less profit then the banking, insurance, and financial industries) and it is not some government conspiracy.





Hope I helped...The price stinks I know but we really only have a free world market for oil to blame.
Bush is well vested in the oil industry. He doesn't run the whole operation,however he has created the climate where such greed has free reign.War in Iraq =impact through fear and speculation. There is supposedly a price cap on things like this yet prices keep going up.Question everything and do your research. Peace.
Indirectly. His actions have an affect on the global economy which affect oil prices.





Oil is becoming more scarce as well (slowly but surely), and supply economics dictate that it will become more expensive as supplies dwindle.





Saying Bush is responsible is naive. Saying the actions of a president do not affect the value of oil is also naive. So its not super simple. The action of the war in Iraq are certainly linked to high oil prices. So are the actions of OPEC, and the forces of supply and demand.
Just to stay away from bombarding oil fields.
If you read articles and listen to news, then, you know that Bush family owns an oil company. Also, Cheney has an oil company too. So, your question is obsolete.
No, the oil companies decide prices. Bush cant do anything about it.
I think questions like these are why we need to do a better job of teaching basic economics.





The short answer is ';no';.





No president has anything to do with oil prices.





Oil is a commodity. Commodities are traded. Supply of the commodity versus the demand for it determines the price it is traded at. Other economic conditions can affect the ';futures'; price of a commodity.





Asking if President Bush has anything to do with oil prices is akin to asking if President Bush has anything to do with the price of soybeans.





Some good beginner financial information, including basic economics can be found all over the web. I've included some good resources below. Motley Fool requires free registration. Other sources might be classified opinion columns, however, they are written by recognized experts in the field. The social studies for kids link provides a good primer.





Best of luck in your genuine search for answers.

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