"If the world market believed that we were serious about energy independence and we were going to utilize all of our own existing resources, the speculators would stop speculating up they start speculating down as we get our own oil out of the ground"
- Herman Cain
About this Quote
Herman Cain is suggesting that if the world market believed the United States was major about energy independence, the speculators would stop increasing the cost of oil. Instead, they would begin driving it down as the United States starts to use its own resources. This indicates that the United States has the resources to become energy independent, but the world market is not encouraged of its commitment to do so. Cain is recommending that if the US can show its commitment to energy self-reliance, the world market will respond by driving down the price of oil. This would be useful to the United States, as it would reduce the expense of energy and make the United States more self-dependent.
This quote is written / told by Herman Cain somewhere between December 13, 1945 and today. He/she was a famous Businessman from USA.
The author also have 39 other quotes.
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"The war and terrorism in the Middle East, the crisis of leadership in many of the oil-supply countries in the developing world, the crisis of global warming - all these are very clearly tied to energy"
