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Paul can fuel change
Politicians like to find scapegoats for every problem. Now everyone else is being blamed for the rising cost of fuel. The problem is not the rising cost of fuel, but the falling value of the U.S. dollar. That is why prices of food, clothing, tools, sports equipment and other products are going up along with fuel.
In 1971, our dollar was still based on gold. Gold was $35 per ounce and oil was $3.56 per barrel, so oil was 0.1 ounce of gold per barrel. From 1971 to now, crude oil has averaged about 0.073 ounce of gold per barrel. Over the years prices have fluctuated, and the cost of oil has crossed through this average about two dozen times. Today, the price of oil is at a low point; only 0.06 ounce of gold per barrel. If $35 was still worth an ounce of gold, crude oil would be $2.10 a barrel.
There are three reasons for the high dollar price of oil: Congress, the president and the Federal Reserve. There is one solution: the lone congressman who has been fighting the uphill battle for decades to restore our monetary system and return to constitutional money: Dr. Ron Paul.
David Wordinger
Medical Lake