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Thursday, September 25, 2014
With Oil Prices Steadily Dropping, Gas Prices Are All Over The Place
THANKS TO GASBUDDY.COM YOU CAN GET A QUICK FEEL OF WHAT GAS PRICES ARE ACROSS THE COUNTRY. THEY RANGE FROM $2.95 IN TULSA/SHREVEPORT TO NEARLY $3.70 IN CHICAGO/SAN FRANCISCO/
DON'T GET TOO EXCITED. THE OIL BLACKMAILERS AND THE MARKET MANIPULATORS ARE NOT DOING US ANY LONG TERM FAVORS BY PUSHING THE PRICES DOWN. THEY'RE DOING THIS TO PUTIN TO PUNISH HIM. BY DROPPING THE OIL AND NATURAL GAS PRICES THEY DENY RUSSIA MUCH NEEDED HARD CURRENCY. JUST REMEMBER WHEN CLINTON WAS IN OFFICE 96-99, A BARREL OF OIL WAS LESS THAN $20! AND GAS WAS LESS THAN $1.00 A GALLON!
THE PRICE OF OIL SHOULD REALISTICALLY BE IN THE $40-$55 A BARREL REGION. THE WAR PREMIUM TAX IMPOSED ON ALL ENERGY BY BUSH AND HIS PHALANX OF TEXAS OIL MULTI-MILLIONAIRES EXTORTED TRILLIONS FROM THE WORLD ECONOMY. ALL THIS MONEY LANDED IN THE BANK ACCOUNTS OF BIG OIL, STOCK HOLDERS AND THE MONEY MEN WHO BUY AND SELL ENERGY FUTURES.
IF AND WHEN GAS PRICES GET DOWN AND STAY DOWN FOR AN EXTENDED PERIOD IS WHEN YOU'LL SEE THE AMERICAN ECONOMY REALLY TAKE OFF. UNTIL THEN I'LL BE HAPPY TO WATCH THE PRICES JUST KEEP DROPPING.
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