To condition you to accept higher prices.
Been seeing a lot of this lately
http://www.marketwatch.com/news/story/eight-reasons-youll-rejoice-we/sto...
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obvious -- that demand has not increased by the 5-600% that prices have.
I'm not really convinced that all the Chinese peasants building flat screen TV's are running out to buy cars. How many cars does a few dollars a day get you?
The er, for lack of a better term, "elite" are already gushing about how public transportation use is on the rise. Just another example of forced social engineering. Some geeky control freak comes up with the idea that to save the world, everyone needs to get rid of their cars and ride the bus. The oil baron realizes that his profits will double, pats nerd boy on the shoulder and sets the plan in motion.
That is my best explanation for this new experiment.
Worse than this sort of conditioning is the "human beings nearly went extinct" category of articles and "old and weak may have to die in event of mass epidemic" type of conditioning that I've seen recently (though nothing for the past few weeks -- I think Btm called their bluff and scared them silent)
i have absolutely no doubt that gas prices will hit astronomical highs very quickly. and i agree with you that there is a concerted effort in convincing jane and joe that this is coming and it best be accepted sooner than later.
i see hybrids and smaller cars everywhere. the eight thousand (last time i checked) dollar difference between a civic and a civic hybrid will soon become more of an incentive than a deterrent.
it's just too bad that this transition is manufactured, i doubt that it is market forces that are at work here. but that's just my opinion.
what the lag is between $130- oil and the coresponding price at the pump but I would imagine a couple months anyways.. probably see 5 bucks sometime this summer.
Check out my post here http://www.breakthematrix.com/node/8674#comment-5909
This guy Micheal masters testified to the Senate just how Index Speculators are probably the primary cause for higher prices. He goes into great detail and it makes so much sense. I been trying to awaken people here but nobody seems to care much. This should be all over the news. They do mention it but it is quickly dismissed as a non factor although it is getting a lot of attention in internet blogs and forums.
A very good example of this being ignored was this morning while watching CNBC. The whole morning was devoted to the rising price of oil. They had on a dozen or so people in the business and every time they brought up index speculation it was dismissed and even laughed at as a reason for higher prices. Their prominent reason was increasing demand! Hello! demand has not increased that much to justify a 500 -600% price increase in 5 years??!! they are full of it. On occasion they even stated that the higher prices are here to stay so get used to it.
Masters goes on to say in his testimony that all the congress has to do is close this one loophole and it will put an end to much of this speculation.