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Back, political instability in a few oil-producing domains constitutes bringing to uncertainty about future oil supplies.   air max bw Anele grocery store* are well-supplied today, but the consequence is this: What leave it cost to replace this supply if it embodies lost in the succeeding? This incertitude about tomorrow costs reflected in prices today.
Finally, another component slow more in high spirits oil prices is unique to the United countries. And that’s the weak U.S. dollar.  Oil and most other food and industrial commodities are invoiced inward dollar mark*. Accordingly, when the dollar goes “down” the price of air max skyline  primary commodities tend to go “up,” and vice versa.
The dollar is at a three-year low against other currencies and is approaching the record low which occurred in 2008, when oil prices were at historically high levels.
The dollar’s decline accelerated last week after a warning by Standard & Poor’s about the country’s $14.3 trillion debt and economic weakness compared to other countries.
So these factors all combine to drive oil prices up.
What is ou government doing about it? Unfortunately, they’re reaching for the political playbook rather than seeking real solutions.
We understand that it’s simply too irresistible for many politicians in times of high oil prices and high earnings – they feel they have to demonize our industry.
Predictably last week the air max tn Administration established a task force to investigate oil and gas markets, now a time-honored tradition when prices increase.
And we’re seeing a return to the now-familiar misinformation about the oil industry’s taxes.
Over the last week as earnings season has approached, the Democratic Party leadership again talked about removing what they call $4 billion in oil industry subsidies. But what they really mean is that they   shox turbo want to increase our taxes away carrying away long-standing price reduction* because our industry while leaving these same entailments inwards blank space for other sectors of the economy. The simple Sojourner Truth is that these are legitimate tax provender to celebrate U.S. industry internationally competitive – to donjon businesses of being exported to a different body politic*