Why is gas so cheap?

http://www.youtube.com/watch?v=zX1PRsNMrYM&fmt=18

Gasoline costs about the same today in the US as it did in the 1960's - if you pay for it in silver coin.

Category:

News & Politics

Tags:

• gasoline
• silver
• ron
• paul
• dollar
• deficit

[SatwaMan]

You don't look old.

[JiveDadson]

I'm not.

[DillonX]

You can compare inflation of any 2 items to get the answer you want.

Here in Tex we can produce & refine all the gasoline we need for our state & the big ccmpanies can sell it at the pumps & make a nice profit at $1.00 per gallon.

But because the Arab countries want much more now the domestic compaines go along.

THERE IS NO FREE MARKET IN GAS PRODUCTION...IT'S NOW CONTROLLED BY TOO FEW.

GOP Pres Roosevelt saw this happening & BROKE UP THE OIL COMPANIES -- we need to do that again!

[JiveDadson]

US oil companies buy crude from a dozen countries at least. The top three are Canada, Saudi Arabia, and Mexico.

[psmitty67]

As it seems to me, Gold and Silver functioned in the same way as greenbacks do today for centuries. Just a scorecard for goods and services that was convenient and portable. That being said, I still love your work Jive. None of what I say is meant to be confrontational I'm just trying to give another side to this debate.

[JiveDadson]

Gold and silver still function as money, particularly gold. The problem with greennbacks is that they are wasting assets. Their value declines with every trade deficit, federal budget deficit, and Fed bailout.

[alikokos]

What is the meaning of life?

[demondogg55]

Ron Paul should be president but your wrong on gas prices. There is no global warming. There is no peak oil. They are lies by government to take away freedoms and steal your money at the pump. Now they will take gas back to under a dollar a gallon to try to stave off a depression. Gas could be 50cents a gallon and the oil companies would get rich. They have to take it down now to revive manufacturing in the economy. Alternative fuels always was a farce. Big bad suv gas hogs are back!!!!

[alikokos]

randomuseless info/gasprice/gasprice.html

[alikokos]

good questions.  thankie jive

[SatwaMan]

I use silver to polish my gold with.

[enotdetcelfer]

it sucks walking around the world today knowing stuff like this and I listen to people talking and the radio etc and no body knows this stuff. I could spend all day talking to the next person I see and then the next and the next telling them about money and whatnot. its agrivating how ignorance makes people puppets of the powerful. just take something that people dont understand, make it suck, tell them that the problem is something you want to change and that what you want to do is the answer

[InTheSticks1881]

A suggestion. If you haven't already do so, please do a video on why the debasement of the dollar causes price inflation. I believe more should understand. It is key.