Trade deficit drives up our oil prices

China and India are demanding more oil, and as their economies keep booming, they will want more oil.

Supply and demand, and how did this come about? Big business looking to increase its bottom line by outsourcing.

Now this is only one key factor for the rise of oil per barrel. Of course there are other factors, but you don't hear much about this key factor.

How many tools, electronic appliances and clothes can you see made in U.S.A.?

It doesn't matter which political party you prefer, things will stay the same.

They all promise more jobs, but don't hold your breath as big business has to provide the jobs.

Don't think white-collar jobs are safe as they are being outsourced mainly to India. Systems analyst, lawyers and engineers to name a few.

In a trade? How many tool-and-dye makers have lost jobs to outsourcing?

Well, as other countries see their gross national product increase and ours decreases, expect the price of oil to keep climbing.

Thomas Carras

Elk Grove Village