Old Wizard

False Data Clobbers the Markets

Included in the population story should be the Government policy in China that is esseniially limiting a couple to one child, hardly a replacement for one of the two most populous nations on the earth. On unemployment, if we want to count the illegals who have now been displaced, shouldn't we also count those that are here and working in the current rate? For my part, if the gov. would up the margin amount to say 80 cents on the dollar for oil commodities, we might find out what the ptice of oil should be. All this aside, putting more of our oil and gas on the market in the short term and driving wind, solar, and nuclear in the long term is an economic and stategic imperative for our country's survival and cost-effectiveness or present worth pay back measures should not be the only drivers.Let's get real, since the independent variable of our economic engine is energy which is heavily dependent on oil, why do we spend such time and energy talking about secondary dependent variables. When the price of oil increases, inflation increases, people spend less, companies lay off employees, unemployment goes up,etc. As red-blooded American traders, let's all make money by betting on the price of oil, and if the country goes down the drain, we can all move to some country where the current birth rate is so low that in 20 years no one will be there.