Gas Prices Politics
Ken Suttles
Description
Collection
Title:
Gas Prices Politics
Creator:
Ken Suttles
Date:
6/2/2008
Text:
While I agree with much of what Mr. Hall said in his email, a quick look
at Snopes.com dispels the notion that the three countries intend to
merge their economies. The three men did not sign any treaty or
agreement to subsume the sovereignty of their countries to a greater
entity called the North American Union, eliminate their common borders,
or create a common currency. What the leaders agreed to was the
creation of the Security and Prosperity Partnership of North America, a
dialogue to increase security and enhance prosperity among the three
countries.
Regarding commodity prices, most experts agree that the price of a
barrel of oil should be between $35 and $60 based on the fundamentals of
supply and demand. They also agree that the price is being artificially
inflated due to speculators and the weaken dollar. As most of you know,
the price of plastics and other materials increase with the price of oil
and natural gas, which is used heavily in the production of plastics.
Unfortunately, the plastics manufacturers are being forced to pay the
speculative price and not the real economic price.
Ken Suttles
Allied O and P Supply
at Snopes.com dispels the notion that the three countries intend to
merge their economies. The three men did not sign any treaty or
agreement to subsume the sovereignty of their countries to a greater
entity called the North American Union, eliminate their common borders,
or create a common currency. What the leaders agreed to was the
creation of the Security and Prosperity Partnership of North America, a
dialogue to increase security and enhance prosperity among the three
countries.
Regarding commodity prices, most experts agree that the price of a
barrel of oil should be between $35 and $60 based on the fundamentals of
supply and demand. They also agree that the price is being artificially
inflated due to speculators and the weaken dollar. As most of you know,
the price of plastics and other materials increase with the price of oil
and natural gas, which is used heavily in the production of plastics.
Unfortunately, the plastics manufacturers are being forced to pay the
speculative price and not the real economic price.
Ken Suttles
Allied O and P Supply
Citation
Ken Suttles, “Gas Prices Politics,” Digital Resource Foundation for Orthotics and Prosthetics, accessed November 22, 2024, https://library.drfop.org/items/show/229388.
