Thursday, June 19, 2008

Oil Crisis Solution That Only the ROER Can Provide

Oil Crisis Solution

1.) Imported Middle East Oil = $135 a barrel (and counting)
2.) Exported US Wheat = $7 a bushel

Increase the wheat export bushel price to $135 a bushel - and when the OPEC countrymen bitch and moan?

Tell them to eat their damn oil!

Let's see an Arab make pita bread out of Iraqi crude!

1 comment:

Paul Hue said...

This can't work because too many other nations produce wheat. Also, OPEC doesn't have enough capacity to counter the usage demands in China and India, especially with those nations heavily subsidizing consumer prices... and then there's the 50% or so of our pump price that results from the inflated/devalued dollar. Sorry.