oil prices and transportation
There is an article in the Foreign Affairs magazine about high prices for oil that is good for production.(I think that is what it is about ). There was much information about the developement of oil production not being up to snuff. In the article where the government controls all the research and developement there does not seem like any knew developement. Of course they are trying to control prices for their own benefit. Most huge corporations try to do the same thing. One of the items is lack of developement of new refineries in the US. The reason for that is simple-the companies do not want to control the polution that the american people want so that we can breathe properly,etc, and of course cheap labor over seas. There are so many items to talk about but one of the things that brought tnhis article to mind is - that which made the economy work here was a couple of things- high wages,cheap gas that gave cheap transportation. Without those things - the ecomony has to decrease and the country has go under. I am not sure that I am saying things right. This article is not coming out right. Free enterprise has developed our countries oil reserves but as the oil companies become conglomerates - the economy has to suffer becaause of desire to control production and the high prices for the want of high profits for the stockholders and the CEO's high wages. Since the corporations now control our government in washington and do not have to pay the appropiate share of the Taxes anymore. Things are starting to go through the ceiling. But in the end if the lowering wages also bring about less buying the products- then in the end the profits have to go down regardless of how how the oil prices are?
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