I could have seen this one coming a mile off. Maybe even further. CHINA is collaborating with CUBA (gasp!!) to drill for oil in OUR Gulf of Mexico. Only where they are supposedly going to drill is within the 50 miles of terrirorial waters that belong to Cuba, not the U.S. And no one mentioned that the plans for drilling are years away not only in implementation, but even more so in production.
But you’re scared now, right? Now you’re mad as hell at those enviromentalists that have been blocking the drilling for oil in the gulf, ANWAR, Colorado, Utah, Montana, and Wyoming. Gosh. You are so easily duped.
Even if the ANWAR fields were to begin construction today, it would take ten years to see any production from those fields and there is an estimated one years worth of oil there. Of course we tax payers would have to subsidize all that construction and drilling, and the Fed would have to give oil cartels billions more in tax breaks.
There are currently 60 million acres owned by oil producers within the US, known to have vast oil reserves under them. That’s 60 million acres that could have been under construction and well on their way to refinery. Of course most of what is owned in Montana and Wyoming is owned at least in part, if not fully, by VP Cheney under one of the multiple corporations he uses to conduct his rape and pillage of the US economy. Of course, this would take another ten years minimally to begin producing.
OPEC has been bounced around as the reason for high oil prices too. Only OPEC has not increased their prices; only kept their production at the current rate and refused to increase the amount of oil they put on the market at any one time. That’s just good business. All you free-trader’s who think unregulated trade is such a good deal can at least appreciate the supply and demand aspect of this. And keep in mind, if it was Mobil/Exxon that was refusing to increase supply so that the price remained steady you would think that was just great.
There is another aspect to this that is more subtle, and most likely more lethal. By creating an oil shortage and allowing the price of a barrel to exceed its actual real value, many Americans might rethink their opposition to the Iraq war in favor of lower gas prices which could be expected if we just admitted we were there to steal their oil and went ahead and razed the entire country and openly took it over, dispensing with the puppet government we installed. At a possible $5.00 per gallon of gas…….how many of us would be screaming for war with Iran? After all, they have some of the largest known oil deposits in the world.
With oil cartels reporting the largest profits in history of any corporation ever known there is no reason that we have to continue subsidizing them with billions of taxpayer dollars or why they should be receiving billions in tax credits. In fact, these corporations should be penalized for failing and refusing to build refineries over the last twenty years.
The current gas prices cannot, and will not be solved by drilling in the Gulf, ANWAR or anywhere else for that matter. Not drilling in these places has not caused the current hike in gas prices. Beginning drilling construction in these areas now will not ease the current squeeze on American consumers, and it won’t for many years to come.
Like the building food crisis and shortage, the oil crisis has been carefully staged. None of this is accidental and the intent is not to reduce gas prices or to make oil more readily available. The intent is to collapse the economy of the US.
We have already seen the collpase of our housing markets. We are preparing for a created food crisis we are told is coming if not already here. Legislation is pending to take control of our water rights and supplies so that they can be privatized and now we have an energy crisis.
Housing, food, water and energy. Basically the foundations of our lives are under assault from within our own country. All these planned shortages, prices hikes, rigged markets, mortgage frauds, water theft, food shortages and inflated gas prices have been carefully planned and implemented to make us more readily accepting of the North American Union and the New World Order.
There are those in our government and those behind the scenes who will stop at nothing until they have devastated this country from coast to coast, border to border, and then some. We are being crushed and destroyed not by terrorists from “over there”, but from those within our own borders who have neither allegiance nor loyalty to the US and Who could care less what we endure.
To correct the current created crisis I would suggest these things:
1. Repeal all tax breaks and subsidies for all oil cartels.
2. Institute a Windfall Profits Tax to prevent oil cartels from artificially inflating the market.
3. Fine and penalize oil cartels that seem to be able to plan for future shortages but have failed to construct, build or maintain adequate refineries, or to drill oil deposits they already have access to.
4. Cap the price per gallon of gas.
Now I know these suggestions just lit the fires under the “free-traders”. At some point you have to conclude that free trade is not the same as fair trade in a free market. Without regulation, without oversight, free trade is devastating our economy and killing off our country. As gas prices rise, as corporate profits rise even higher our economy will come to a grinding halt. Exactly what is intended.
Ask yourself what good a free market without fair trade regulations is to you if you can no longer support yourself or your family because the cost of just living has risen so high? At some point we have to conclude that remaining viable is far more important than becoming subservient.
Marti Oakley (c)2008