Kirk Lindstrom

Why Is Oil Going Up?

I wonder if the writers of the first two comments read the article? If so, then how do your comments square with what I wrote in the 2nd half of the article below the chart?

I'll repost it here for you:

If we want lower energy prices, then we need to

* increase supply
o Find more oil in other countries that are willing to ship it now
o Drill where we know there is oil in the US such as ANWR and off the coast of California and Florida.
.
* lower demand
o drive more hybrids and PEVs,
o drive less by combining trips and car pooling
o take the bus
o
take vacations closer to home
.
* Strengthen our currency so our dollars buy more relative to others currencies
o Raise the Fed Funds Rate
o Eliminate deficit spending
o Grow our economy

The point of the article was it is not "the fault of the FED" that oil prices are high. Blame people who drive big cars, people in emerging markets who are finally making money and using energy, and blame all of us who elect officials and ourselves who make it too hard for oil companies to pump out the oil we have in the US in "sensitive" areas like off the coast of CA or ANWR.