Everybody is ignorant, only on different subjects. – Will Rogers
So true. Unfortunately, some are ignorant on more subjects that others. 
This quote was taken from my Franklin Covey Planner (daily page).
What do young Romanian’s want!
http://business-romania.blogspot.com/2005/10…
Move over India: Romania looms as the next offshore tech powerhouse with its low costs, language proficiency, burgeoning infrastructure, and engineering skills
http://www.informationweek.com/story/show…173602079
Dare to be different
http://www.businessromania.com/read.php?aid=2474
ROMANIA: Gov’t Faces New Week of Protests: Rally in Brasov streets, subway on the eve of strike, civil servants determined to stop working, education unionists divided
http://www.seeurope.net/en/Story.php?StoryID…
I recommend reading this article if you are interested in accurate information on how the economy works as it relates to the recent oil prices and oil company profits.
Anyone with even a basic understanding of economics should have seen it coming: our leaders are threatening oil companies for making money off higher prices. In the aftermath of hurricanes Katrina and Rita, gasoline prices shot up, as large chunks of US refining and transportation operations were shut down or severely curtailed. In the wake of higher prices, which already had politicians riled, oil company profits are up.
Continue reading at: http://mises.org/story/1958
Supply and demand. In our open market, prices are influenced by demand. If demand for apples went up on Friday cause Donald Trump touted them on ‘The Apprentice’, you’d bet the price would go up and the supply would go down! That’s not directly related to the apple orchard owners. It would be nonsense to go after them. Moreover, when the demand for apples goes back down to a reasonable level after the hype, prices would then fluctuate back down to a reasonable level as it relates to the supply and demand.
If there is evidence of price fixing among oil companies, refineries and/or gas stations… then yes there should be consequences. However, if there is no evidence of that, the government needs to stay out of it. The last thing we want is the government applying direct control over the free markets.
Supply and demand have been allowed to work — at least in a limited way — in energy markets, resulting in ups and downs in gasoline prices. Strong demand coupled with regulatory supply restrictions that were worsened by several hurricanes caused gasoline prices to go up. Then as hurricane-damaged refineries were repaired, gas prices began to plummet.
Continue reading at: http://www.mises.org/story/1962
The government could start digging into OPEC. That would probably be a better use of our taxpayer dollars.
Please leave comments if you are better at economics that I, as I do not have all the answers.
