DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Can anyone explain Why Petrol so Expensive?

**HexcewlyRette** · 09-21-2012, 08:29 AM

I think your economic issue isn't going down hell cuz the oil stuff is helping ya? lol And, like i said I was not blaming anybody. I was just givng out my opinion as an outsider since i'm not an american.

Thuggie,
Are you sure Thailand buys oil from the USA? I know it's possible that oil may be traded and paid for in US$ on many world markets. Granted the USA is a large oil producer, but we consume and import twice as much as we produce. The only economies that will benefit from the high oil prices are countries that produce more than they consume.
No, the oil stuff isn't helping me or the USA.

09-21-2012, 08:29 AM	#14
HexcewlyRette Join Date Oct 2005 Posts 553 Senior Member	I think your economic issue isn't going down hell cuz the oil stuff is helping ya? lol And, like i said I was not blaming anybody. I was just givng out my opinion as an outsider since i'm not an american. Thuggie, Are you sure Thailand buys oil from the USA? I know it's possible that oil may be traded and paid for in US$ on many world markets. Granted the USA is a large oil producer, but we consume and import twice as much as we produce. The only economies that will benefit from the high oil prices are countries that produce more than they consume. No, the oil stuff isn't helping me or the USA.
	Quote