Posts Tagged ‘november 4’
Gasopoly?
During the summer of 2008, everyone had a hang-over from the 4-dollar a gallon gas prices. Everyone was outraged, and by everyone, I am not just talking about the gas guzzling SUV people. Everyone simultaneously thought, why am I driving in a 12 – 19 mile-a-gallon vehicle? Suddenly the supply for 24 plus mile-a-gallon vehicles could not support the demand, and well, thankfully the schmoes who where driving 5 ton boulders with square wheels, got their acts together … “thank you, whomever you pray to.”
I too thought long and hard about the sudden rise in gas prices. The increase was thought to be attributed to hedge fund managers trying to make (more) money, or the Saudis’ who own most of the refineries cut gas production, or someone on the FTC who makes the decisions regarding petroleum decided that their Texas-sized wallet were just not fat enough. Whatever the case, I believe it had to do with the elitist who manage the whole 100-yards (not the old cliche of 9-yards). And who is that? Big Oil.
Quoting CNN Money, gas is on the rise, just in time for post election day (that would be the day after November 4th). On Tuesday, October 28th, the price oil settled at $62.73 a barrel, its lowest level in 17 months, and despite the government’s weekly inventory report, which showed a smaller-than-expected build in the nation’s supply of crude oil and a sharp drop in gasoline stocks.
Suddenly I feel concerned with the idea that Big Oil had their take … over-inflated prices to span the 6-weeks prior to election and keep the middle-class at bay with green ideas and alternative fuel as a real contender to oil. Whoever wins this Presidential election and is not owned by Big Oil or the gasoline elitist, will see the prices soar, again. These prices will soar higher in the air than satellites. It would be in your interests to look into a car with better than average gas mileage.
Enjoy
