Thread: Gas prices

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Yes. All crude oil, and just about all commodities like copper, aluminum, steel, wheat, corn, and on and on are priced in US dollar denomination. Our politicians and their aids at the Federal Reserve have let/driven the value of the dollar down, which means it's worth less (not worthless yet) so the suppliers of commodities are raising prices to offset the loss in value. Many nations around the world are losing confidence in our ability to control our spending and debt, and are sabre rattling to drop the US dollar as the world currency standard. Now, in this country the politicians and their faithful media lackies have been successfully demonizing private enterprise, and profits, for a few decades. Cool plan for them really, they actually cause the problem but point the finger at those who actually produce something of value, and that tactic fools enough people every time so they continue to get away with it. Later this week oil companies, among others, will be announcing quarterly profits, which will be big numbers, so be prepared for the hatefest. Meanwhile, the politicians and the Fed continue to manipulate data to support their claims that inflation is low, and employment is almost rosey. Ya gotta love the seeming perpetual election cycle.