NMA raps: Oil prices, US-China relations

http://www.nma.tv/
Oil at $100 per barrel? Gas at $4 per gallon?

These are the new economic realities. Allow Jen-Jen and Vanessa to explain what's driving up the price of crude.

LYRICS:
Life's hard nowdays for the average Joe.
I don't have a job, that's the way it goes.
On top of it all I gotta break the bank,
just to buy the gas to fill my tank.

Four bucks a gallon? That shit is whack!
We went to war for oil, I want my cash back.
Who can tell me why this time around,
oil is up while the economy's down.

Joe my man, you've been watching the news?
World events have been driving up the price of crude.
It's been going wild, shooting up like an arrow,
Holy shit, it's above a hundred dollars a barrel!

When the dollar goes down, oil rises,
and what's worse are geo-political surprises.
The Saudis are scared, the Iranians crazy.
keeping up with the news you can't get lazy.

Don't get me started about Libya,
and the next time bomb might be Nigeria.
But it's not just war famine and disease,
it's that new demand from those damn Chinese.

(Oil) Black black gold.
A commodity bought and sold.
(Oil)Can't live without it.
Though it brings us trouble no doubt about it.

To me the problem seems clear enough
We just don't have enough of the slick black stuff.
But I'm American, dammit, I'm willing to fight,
cheap gas to me is a natural right.

Let's drill in the arctic, let's drill the sea.
Drill until we've got enough for you and me.
The pain at the pump is getting on my nerves.

We gotta start tapping those domestic reserves.

Oil's fungible, fool, it doesn't matter where it's found
it's a commodity once it's out of the ground.
Whether (it's) from Russia, Iran or the USA.
The same standard prices are what we'll pay.


But demand is dropping, inventory's swelling
Supertankers full of crude are parked just chillin'
CNBC says its price speculation
I call it like it is - market manipulation

So what you're saying is there's an oil price bubble
And eventually the market will handle of our troubles.
So I guess I shouldn't worry, I'll be staying calm,
Worst comes to worst, we'll make some oil from palms.

Price volatility is never good.
Green energy's not ready, yo, it's understood.
If oil prices soar when fundamentals are weak,
the only ones winning are some hedge-fund geeks.

Expensive oil raises costs across the board
Beyond what normal consumers can afford
And if the price of energy spikes and slumps
The economy's likely to stay in the dumps.

A tax on gas is Pigovian
Economists left and right are lovin' it
It's for acts with negative externalities
Like burning oil or smoking weed

In the short run oil demand's inelastic
People really need time to change their habits
You can change behavior when you make people pay
And do it in a revenue neutral way.

It's politically unfeasible that's the rub
Why won't Americans to join the Pigou club?

Jen-Jen I can't really feel what you're sayin'
I've got a better idea that's not European.
Strategic reserves? Time to crack that spigot.
Open it up and let us just drown in it.

(Oil) Black black gold.
A commodity bought and sold.
(Oil) Can't live without it.
Though it brings us trouble no doubt about it.

(Produced and written by Next Media Animation. Music created by K.Sveinson.)

Category:

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Tags:

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[MixMeAdrink]

wow she's hot. Look like Yuri from SNSD

[NMATV]

@MixMeAdrink thank you! =D - Li Anne

[Lamork]

Great way to represent Americans to Taiwan, guys.

"Show me your tits" Yeah... real smooth, kids.

[NMATV]

@Lamork don't worry... i know americans come in all different flavors! - Li Anne

[Mazda6B6]

Hey Li, you have some funny videos. I first saw the Osama Bin Laden parody. BTW, your channel page is great. You are gorgeous in the picture to the right!

[NMATV]

@Mazda6B6  haha. thank you! that photo was taken by a friend of mine!

[runsaber1]

imagine if in WWII. Russia developed it's Atomic bombs first and decided to show off by nuking japan. What if they dropped both into the same cities and instead of working like they should they both malfunction. then the japanese, recovery the duds, and learn how to create the atomic bomb themselves from what's left using it against the allies? imagine the shame and embarassment Russia would feel after they were nuked oh the irony... of being done in by your own creation would be funny but sad.

[runsaber1]

It is actually a grevious double-blow to both Russia & Iran. you see, those experts were 5 of Russia's top specialized highly trained Atomic experts & it really hurts Iran. as those were the ones working on the Iranian atomic facility. I think the moral of the story is clear: "Never. ever. eeeeeevar. buy cars or planes from Russia. or russian technology. it is just a deathtrap waiting to happen. >.> & they call American's stupid? hey, I don't recall our Atomic bombs NOT working in WWII, do you?

[runsaber1]

China mwahaha. too weak. russia however will be very powerful in 50-60 yrs

enough to overtake China possibly. although I hear, Russian equipment has some kind of curse. Russian gear alwaaaaays breaks down, malfunctions, or critically errors usually killing unfortunate Russians in the process. you hear about the 5 russian nuclear experts aiding Iran death incident? they were flying. a Russian plane back home when mysteriously the engines blew out & it crashed. yes, Russia technology SOOOO GREAT!

[Shamanizm777]

Cool tat...

[ducrozet74]

beautiful asian women are almost too beautiful, omg this girl li anne is just gorgeous (i mean this in a non gay way)

[Signingupsucksballss]

we're still waiting cuz Li Anne's too hot for us to take our eyes elsewhere :D

[Chanchowlee]

@NMATV how does your vagina taste, like lo mien -yum

[paulink]

oh my god this girl surely means i was saved in the rapture and this is heaven, right?