RE: [DMCForum] The Real Cost of Oil

["timnagin" <timnagin@xxxxxxxxxxxxxx>]

You are REALLY pushing the political ban we have here, Bob.  You need to
read Greenspan's explanation of what he really said instead of how it was
skewed.  In his own words, no less.

 

I am glad the real world doesn't use your math.

 

Greg

 

 

  _____  

From: DMCForum@xxxxxxxxxxxxxxx [mailto:DMCForum@xxxxxxxxxxxxxxx] On Behalf
Of Bob Brandys
Sent: Monday, September 17, 2007 10:17 AM
To: DMCForum@xxxxxxxxxxxxxxx
Cc: The Boiling Frog
Subject: Re: [DMCForum] The Real Cost of Oil

 

The Iraq war costs $2 billion dollars per week. This is just over $285 
million dollar per day.
This war is really about oil. (Quote from Alan Greenspan in today's 
WSJ.)

The US imports some 10 million barrels of oil per day. So the cost of 
this war over oil should be
added to each barrel of oil.

This calculates to 285/10 = $28.5 additional dollars per barrel.

So if oil is $75 per barrel, with the cost of this oil war, we are 
actually paying over $100 per barrel.

So if you need any further justification for electric cars or mile per 
gallon requirements.
This HIDDEN OIL COST needs to be included.

Bob



[Non-text portions of this message have been removed]



 
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