Inflation is Caused by Illegal Monopolistic Collusion

The cause of Inflation and even Stagflation is the presence of illegal monopolistic collusion. The prime example demonstrating this point is the inflation in the Jimmy Carter Administration during the late 1970's. You see, during that time period the OPEC Oil Cartel began to set artificially high oil prices for America and the World. Of course, to understand what is really going on, the description of the situation must be changed to the following: Illegal, Price Fixing, Monopolistic OPEC Oil Monopoly is selling oil at artificially high prices. Moreover, this also explains Stagflation. If you are in a recession and a significant number of companies illegally conspire to artificially prices, then the economy will remain in a recession for most people and businesses, and the cheating, illegal businesses collude and articially raise prices, causing higher prices and a slow economy at the same time, namely, Stagflation. Thus, we can see that NeoKeynsian Economics still explain the economic situation, while voodoo, communist, supply side economics do not. Right now, we need to have the CIA sit down and chat with the OPEC leaders and ask them about their health, and, about whether they should disband. We could start with the greedy Bush family and Aramco Oil.
(C)Perpetual Copyright (2011) by Anthony J. Fejfar, Anthony J. Faber, and Neothomism, P.C. (PA)

Shale Oil Natural Gas Production in the Rocky Mountains

Since the Jimmy Carter administration, some dimwit has come up with the idea of taking dirty oil out of rock and then refining it for commercial use. However, when you think about it, it must take more energy and money to take the oil out of the rock, than you get from the oil which is later produced. Additionally, shale oil production is an environmental disaster. Shale oil production typically involves strip mining and the destruction of the scenic Rocky Mountains. Now, I assert that since you can easily get Natural Gas out of underground coal seams by sinking a shaft down and then pumping out the Natural Gas, you should also be able to do this with a Shale Oil field. Instead of trying to remove and process the Shale Oil, the company should just sink a 12 inch wide shaft, down 100 feet or so, and then use exhaust fans or pumps to pump out Natural Gas which seeps out of the Shale Oil rock. Moreover, once the Natural Gas is produced, you can use a small amount of that Natural Gas to run the electricl generators which power the fans and pumps, for virtually no cost. Natural Gas Shale Oil production is a money maker, and is good for the environment and good for America.