Any 8th grader can tell you that by controlling crude oil production, oil companies are artificially keeping gas prices high. Because Americans’ demand for oil is relatively constant with the U.S. economy and consumers dependent on oil, big oil companies can raise prices and we “hostages” will continue to buy at whatever price they set. (I mean, REALLY, what other choice to we have?)
This got me to thinking: What if Bu$hCo invaded Iraq not to acquire oil, but to stop it from getting here in the first place? We know the war is definitely about oil, but what if the original plan was not to actually bring the oil to the U.S., but instead to stop the flow of oil to decrease supplies and keep prices high? Who profits the most?
Anyway, in the long run, if oil prices remain at their current levels, a financial disaster is inevitable. Interest rates will rise (as they already are) and Americans will have to choose between paying their rent or putting gas in their cars.
1 comment:
It may sound a little conspiratorial, but that thought has occurred to me, too. A commodity, the demand for which is -- to a point -- inelastic ... arrange a shortage in supply ... panic the markets by threatening future supplies ... price (and profits!) go up. Dubya's not personally in the "oil bidness," but no doubt many of his chums are, and they're probably a generous bunch who would believe in showing their gratitude for their good fortune, and sharing the finer things in life. Maybe Dubya's looking at a nice, posh retirement. The same possibilities apply all the more to the Prince of Darkness, Dick "Go F--- Yourself" Cheney.
Hey, just because we're paranoid does NOT mean that they can't, in fact, be out to get us.
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