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Politics : Foreign Affairs Discussion Group

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To: Brumar89 who wrote (215821)	2/1/2007 8:35:02 PM
From: Noel de Leon	Read Replies (1) of 281500

Good of you to bring this up; "The US and Japan both import oil, ditto Germany, etc etc. Doesn't make us enemies." Read a history book on the origins of WWII. The US boycott of oil to Japan in the 1930s was instrumental to the attack on Pearl Harbor and US entrance into the war. "Everyone who uses oil "competes" in the free market for oil" 1) Free markets don't exist where there are dominant players or cartels which can suppress others. See the example of Russia's energy policy today. More over the tendency of free markets to degenerate into cartels is well known and well documented. That's why anti trust laws exist. 2) If "everyone who uses oil competes in a free market" then tell us how you compete in that so called free market. What techniques, they must be quite unknown to all of us, do you use to get the price of gas down. I buy gas where it is cheapest but that doesn't get the price to fall. The only way the price of gas changes is if the price of oil changes. So tell us how to get the price of oil to change downwards when demand is increasing.

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