The Real Price of Oil

The price of oil coming out of the ground is not approximately $65 per barrel (as of this writing). Rather, it is over 3000 dead in Iraq, melting polar ice caps and rampant global warming in general, diminished species, illicitly funded terrorist organizations courtesy of petro-dollars and empowered and brazen leadership in Iran, Venezuela and Russia on top of the monetary costs. Even at that, the monetary costs aren't accurately stated; when one adds in the many billions spent in military budgets, environmental cleanups and related health care effects, the real economic costs related to oil are in the hundreds of dollars per barrel price range.

Time for a massive paradigm shift. Why not develop the ultimate weapon within our vast military budget? An automobile averaging over 100 miles per gallon.

See http://www.thegambitsite.com for additional views on the price of oil and how it may be manipulated.