Monday, April 24, 2006

The Price of Gas, Part II

In regards to current Oil Market I believe we are being ripped off.

You all are aware that other countries that have higher gas prices are 1)Socialist 2) Have better transportation infrastructure.

It will be ashamed if we in the United States will be paying $3 to $5 bucks, the same as Socialist European nations while we claim to be a capitalist country. This capitalism is supposed o keep prices fair to the consumer. How can you folk now ague that we are close to paying the same for gas as a Socialist country like Great Britain who uses these added tax revenues for government services?

Simply put, we are being cheating out of our hard earned money by the Oil Companies.

When I originally made this post gas as $2.73 then, $2.93, now it is $3.01. All of this in a span of 3 weeks. Um, did we have another Hurricane? These current prices are not a laughing matter, poor people, seniors on a fixed income, working people, business owners, contractors all are affected. Just 3 years ago gas was about $1 buck.

The rise in Gas prices is frankly, pardon my French: Bull Shit!

The President and Congress must instruct the Department of Justice and District Attorney Offices to speed up investigations of price gauging, and to make this a first priority. Congress must convene an emergency session to draft legislation to regulate the Price of Gas within the United States.

For those of you who fall for the explanations given to you by rich big mouths like Rush Limbaugh and Sean Hannity and Fox News. Let me tell you something: "Exxon is giving Lee Raymond one of the most generous retirement packages in history, nearly $400 million, including pension, stock options and other perks, such as a $1 million consulting deal, two years of home security, personal security, a car and driver, and use of a corporate jet for professional purposes."

I am educated on economics, according to the existing body of knowledge any economist that will tell you this all the markets at work, supply and demand is a fool! The Oil Companies are not struggling, supply has not tightened. India & China have not used amounts of Oil at a rate to affect supply within the United States. President G.W. Bush did authorize Oil to be released from ANWAR, what the hell happened to it? China increased added to Oil supplies by developing drilling sites.

Someone on the Radio said these gas prices aren’t that bad, and are not having a strain on the Economy when adjusted for inflation. My first reaction to such comments is WTF!!!

We the People of the U.S., need to do something about this. Being the liberal I am told I would like to the Presidents of the Oil Companies, Oil Lobbyist, every corrupt Congressperson, Dick Cheney and Mr. Bush ( Will no longer refer to him as President) dragged into the streets of Washington.

You can keep an eye on the Oil Companies by checking out this web site:

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