Comments on: Bailed Out Banks May Be Driving Up Oil Prices http://wonkroom.thinkprogress.org/2009/05/21/banks-oil/ Thu, 26 Nov 2009 16:42:01 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: jps http://wonkroom.thinkprogress.org/2009/05/21/banks-oil/comment-page-1/#comment-153399 jps Fri, 22 May 2009 00:53:33 +0000 http://wonkroom.thinkprogress.org/?p=11366#comment-153399 Electric transportation is already less expensive than petroleum, based, but where are the EV cars, let alone the EV semi trucks. Nobody is going to starve in the U.S., with $10 or even $20 gas -- but we might actually get some consumer and industrial EVs, finally. Electric transportation is already less expensive than petroleum, based, but where are the EV cars, let alone the EV semi trucks. Nobody is going to starve in the U.S., with $10 or even $20 gas — but we might actually get some consumer and industrial EVs, finally.

]]> By: Comrade Rutherford http://wonkroom.thinkprogress.org/2009/05/21/banks-oil/comment-page-1/#comment-153398 Comrade Rutherford Fri, 22 May 2009 00:41:04 +0000 http://wonkroom.thinkprogress.org/?p=11366#comment-153398 "Who cares if I wipe out the global economy and turn America into a third-world country, as long as I make a killing in this quarter!" That is the mindset of the CEO class that carefully and intentionally created this economic meltdown. The goal of the obscenely wealthy top 1% is to impoverish the other 99% and entirely eliminate the middle class. Commenter 'jps' seems to be saying that he's onboard with the elimination of his economic class and sounds eager to be returned to the serf caste - that is if he survives the mass starvation that results when $10/gallon fuel makes shipping food to him prohibitively expensive. I feel that speculation (commodities exchange) on oil must be made illegal globally. “Who cares if I wipe out the global economy and turn America into a third-world country, as long as I make a killing in this quarter!”

That is the mindset of the CEO class that carefully and intentionally created this economic meltdown. The goal of the obscenely wealthy top 1% is to impoverish the other 99% and entirely eliminate the middle class.

Commenter ‘jps’ seems to be saying that he’s onboard with the elimination of his economic class and sounds eager to be returned to the serf caste – that is if he survives the mass starvation that results when $10/gallon fuel makes shipping food to him prohibitively expensive.

I feel that speculation (commodities exchange) on oil must be made illegal globally.

]]> By: jps http://wonkroom.thinkprogress.org/2009/05/21/banks-oil/comment-page-1/#comment-153388 jps Thu, 21 May 2009 16:30:05 +0000 http://wonkroom.thinkprogress.org/?p=11366#comment-153388 I approve of this. Having peak oil prices sooner rather than later instead of a series of 300% price shock cycles is a good thing for everyone, most of all those of us who want to buy plug-in hybrids <a href="http://www.motortrend.com/features/auto_news/2008/112_0809_2011_vw_golf_twin_drive_preview/index.html" rel="nofollow">designed with actual consumers in mind</a>. I approve of this. Having peak oil prices sooner rather than later instead of a series of 300% price shock cycles is a good thing for everyone, most of all those of us who want to buy plug-in hybrids designed with actual consumers in mind.

]]>