Oil hits record $120.93 on fear of tight supply
as seen on Yahoo - 05-06-2008 (the headline, not my comments!)
Fear this. Since they moved away from OPEC and are now basing the price of oil on the Stock Market, the prices are being artificially inflated.
Funny isn’t it?
Al Gore and his whacko friends starting that “Man is the worst thing on the planet” and “we are running out of oil”, is akin to what Jimmy Carter pulled in the 1970’s. Remember the “oil crisis” ? Remember Gas Rationing? This is the “chicken little syndrome”. The sky is falling so we must raise our prices! Bull Chips !!
The United States is sitting on the largest deposits of Oil, yet we are not allowed to drill for it because “it may hurt our environment”. learn from the mistakes of the past, build new refineries to TODAYS standards, tell the environmental whackos to shut the hell up and drill for oil !
Take the Oil futures and the pricing of oil off the stock market !! It does not belong there !
Look at it people. You are being lied to again. You hear the price of oil is going up and immediately, yes IMMEDIATELY you see the price change at the pump ! Take the freaking oil off the Stock Market! Stop artificially raising the cost.
yes, we need alternate fuels, but what they are doing with the Ethanol, is a pure JOKE. Its going to cause a tremendous problem. Ethanol is being made from Corn and other products form the fields. When you remove the supply of grain and corn from the farmers, from the industries that utilize it, (baking, food etc.), all the prices go up !
Look at your local Grocery store prices, they are climbing! Why? “oh we need Ethanol”, Bull Crap ! Originally back in what, the 20’s, they used to run the engines on Ethyl. Umm excuse me, call it what it is, Ethanol. They found that this destroyed the life of a car’s engine and was extremely volitile. So they found they could refine oil to make Gasoline. Thus they removed ethyl from the market. Now they want to bring it back ?
HELLO !!! Stand up and write your congressman or woman, this is insanity. Tell the environmentalists to shut the hell up and drill for oil in the US. Build new refineries. The world is jealous of our abundance of Natural Resources. Then USE THEM !! Tell the world that if they do not like it, tough. We are doing what we need to do for our country, for our citizens, for our families.
Good lord people, this is insanity.
Stop rolling over and taking it up the gas tank!