{"id":354,"date":"2012-03-12T10:46:00","date_gmt":"2012-03-12T17:46:00","guid":{"rendered":"http:\/\/bone-in-the-throat.com\/Blog\/?p=354"},"modified":"2021-01-08T19:32:35","modified_gmt":"2021-01-09T03:32:35","slug":"the-scam-of-gas-prices-or-how-to-screw-the-economy","status":"publish","type":"post","link":"https:\/\/bone-in-the-throat.com\/Blog\/2012\/03\/12\/the-scam-of-gas-prices-or-how-to-screw-the-economy\/","title":{"rendered":"The SCAM of Gas Prices or HOW to SCREW the Economy"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" title=\"gas-pump.jpg\" src=\"http:\/\/lh5.ggpht.com\/-1SC8tTixlM8\/T142bWbhJvI\/AAAAAAAABnU\/koL5tZxa-cY\/gas-pump.jpg?imgmax=800\" border=\"0\" alt=\"Gas pump\" width=\"400\" height=\"313\" \/><\/p>\n<p style=\"font-family: 'Lucida Grande';\">Oh goody!<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Gas prices jumped a nickel over the weekend. This rise happened in spite of the fact that the price per barrel of oil dropped by $1.43.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Hey wait a minute, weren&#8217;t we told in the last month that gas prices were going up because of the instant linkage between the barrel price and refined price? Shouldn&#8217;t the gas prices <strong>FALL<\/strong> as quickly when the barrel price drops?<\/p>\n<p style=\"font-family: 'Lucida Grande';\"><strong>You&#8217;d think that&#8230;<\/strong> BUT you&#8217;d be <strong>wrong!<\/strong><\/p>\n<p style=\"font-family: 'Lucida Grande';\">Now, the gas prices are continuing to rise in anticipation that there will be a supply glitch as the refineries switch from Winter to Summer grades. (WHAT???) I know that supposedly the formulation is different depending on season. I&#8217;m not sure that I believe it. I&#8217;m more convinced that this is another excuse for the oil industry to drive up prices and increase their profits.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Remember some of the <strong>other excuses<\/strong> we&#8217;ve heard recently?<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Oil prices are going up because of <span style=\"text-decoration: underline;\">tension with Iran<\/span>, last year it was <span style=\"text-decoration: underline;\">tensions with the Iraq<\/span>, the year before that it was tensions because of <span style=\"text-decoration: underline;\">Chinas sudden prosperity<\/span> and their burgeoning oil demand, the year before that it was blah blah, before that blah blady blah.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">There&#8217;s always some almost plausible reason, <span style=\"text-decoration: underline;\">if you&#8217;re not looking too closely&#8230;<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" title=\"images.jpg\" src=\"http:\/\/lh3.ggpht.com\/-e9nphmqXQQY\/T142cRsblAI\/AAAAAAAABnc\/97J8ueUl1_A\/images.jpg?imgmax=800\" border=\"0\" alt=\"Images\" width=\"259\" height=\"194\" \/><\/p>\n<p style=\"font-family: 'Lucida Grande';\">The point is, if you really look at it there is NO good reason, no quantitative, no\u00a0<strong>REAL<\/strong> reason for the volatility in oil prices. Each year the prices go up due to some trumped up crisis NEVER returning to their (Pre-crisis) price. Yet somehow each year the oil companies post record profits.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">You know that oil is shipped right? So that means orders have to placed at least a month if not two before it&#8217;s needed. What happens when oil is delivered to ports but the demand isn&#8217;t as high as anticipated? YOU STORE IT!<\/p>\n<p style=\"font-family: 'Lucida Grande';\">It makes no sense to turn the ships around or to offload only a portion of the shipment you&#8217;ve ordered unless you can sell that partial shipment somewhere else.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">We&#8217;ve had a remarkably warm Winter in this country this year. That means that fuel use is down, certainly heating oil and probably electric usage.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Why then are fuel costs going up? <span style=\"text-decoration: underline;\">Didn&#8217;t we stockpile the surplus oil?<\/span><\/p>\n<p style=\"font-family: 'Lucida Grande';\">This shouldn&#8217;t be read as me being anti profit. I&#8217;m a capitalist through and through, but there is such a thing as\u00a0<strong><a href=\"http:\/\/en.wikipedia.org\/wiki\/Usury\">Usury<\/a><\/strong> rates and there are laws against that kind of exploitation. The oil companies are not a monopoly, but <span style=\"text-decoration: underline;\">their prices are obviously fixed<\/span>. It&#8217;s time to bring all the oil companies up on anti-trust charges and let <strong>THE PEOPLE<\/strong> not Congress sit in judgement. Maybe then we&#8217;d see justice done.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Has it occurred to you that $5 or $6 a gallon gasoline is actually good for the Republican party? So is high unemployment caused by high energy prices.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Why? Think about this&#8230; There is a long standing history of collusion between the Captains of industry and politicians.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Now think about high energy prices suppressing the economy making the people restless and how that effect could turn the Presidential race and any congressional seats up for grabs <em>in favor of the Republican party<\/em>.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Once a candidate preferred by industry is elected, the energy prices go down, employment goes up and it looks like the American people &#8220;<em>Made the right choice for the country&#8230;<\/em>&#8221; when in fact they made the right choice for industry.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Even if the Democratic party carries the day&#8230; Industry still profits, and can slowly lower the energy costs, stimulate the economy and wait another 4 years for a chance to put an &#8220;<em>Industry Friendly<\/em>&#8221; President in office.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">As I&#8217;ve said before, I&#8217;m not&#8230; or rather I wasn&#8217;t a big conspiracy kind of guy.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" title=\"0302-Newt-Gingrich-super-tuesday-gas-pump-vote_full_600.jpg\" src=\"http:\/\/lh6.ggpht.com\/-UCjIrsCpI_w\/T142dJQvruI\/AAAAAAAABnk\/uwgf95Ih6a0\/0302-Newt-Gingrich-super-tuesday-gas-pump-vote_full_600.jpg?imgmax=800\" border=\"0\" alt=\"0302 Newt Gingrich super tuesday gas pump vote full 600\" width=\"300\" height=\"200\" \/><\/p>\n<p style=\"font-family: 'Lucida Grande';\">Honestly, I think most politicians are too stupid to carry off a conspiracy and they sure as hell couldn&#8217;t keep their mouths shut about it. BUT I can&#8217;t help wondering if the politicians are puppets of industry.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">I could see industry moving behind the scenes. I could see politicians being compartmentalized, each knowing only enough to carry out their assigned job.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">I&#8217;ve begun to think this way in part because politics makes no sense.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">The majority of Americans couldn&#8217;t care less about Gay rights, marriage, or what have you. The majority of Americans don&#8217;t care that a woman has access to abortion or to birth control. A large portion of America while being people of faith aren&#8217;t willing to shove their faith down the throats of others. Yet all these issues are talking points for politicians.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">WHY?<\/p>\n<p style=\"font-family: 'Lucida Grande';\">We have far more pressing issues that need to be addressed.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">The only explanation I can think of for trotting out the same old tired issues again and again is that our government is trying to put on a Roman Circus.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">In that context&#8230; all the sudden politics makes sense&#8230;\u00a0<strong>It&#8217;s a &#8220;<em>Reality&#8221;<\/em> show!<\/strong><\/p>\n<p style=\"font-family: 'Lucida Grande';\">&#8220;<em>This week on real politics, will Rick Santorum insult the transexuals in Ohio and be glitter-bombed? Find out TONITE at 7!<\/em>&#8220;<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Makes a lot more sense that way doesn&#8217;t it?<\/p>\n<p style=\"font-family: 'Lucida Grande';\">When you think about it this way, you kinda have no choice but to get really cynical about the whole process.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">For me, the icing on the cake is the volatility in oil pricing.<\/p>\n<p style=\"font-family: 'Lucida Grande';\">Which leads to only one conclusion&#8230; it doesn&#8217;t matter WHO is in office, they&#8217;re all the bitches of one industry or another.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oh goody! Gas prices jumped a nickel over the weekend. This rise happened in spite of the fact that the price per barrel of oil dropped by $1.43. Hey wait a minute, weren&#8217;t we told in the last month that gas prices were going up because of the instant linkage between the barrel price and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/bone-in-the-throat.com\/Blog\/2012\/03\/12\/the-scam-of-gas-prices-or-how-to-screw-the-economy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The SCAM of Gas Prices or HOW to SCREW the Economy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3,14],"tags":[],"class_list":["post-354","post","type-post","status-publish","format-standard","hentry","category-conspiracy","category-general","category-politics"],"_links":{"self":[{"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/posts\/354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/comments?post=354"}],"version-history":[{"count":1,"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/posts\/354\/revisions"}],"predecessor-version":[{"id":10290,"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/posts\/354\/revisions\/10290"}],"wp:attachment":[{"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/media?parent=354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/categories?post=354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bone-in-the-throat.com\/Blog\/wp-json\/wp\/v2\/tags?post=354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}