Friday, December 24, 2010

Ever wonder why the economy is so bad? What drives the economy? You got it, (OIL)!!!!!! Our government (IN THE WHITE HOUSE) is not affected by gas prices because WE (TAXPAYERS) fill their tanks. They will never let gas prices go back to what they should be because they (THE GOVERNMENT) have more tax money to throw away on every other government program that comes along. They never spend the money on what it is intended for. They are always robbing one account (social security for one) to pay for some other giveaway program they created.In todays world our government expects the people that will work to take care of the people that want through some give away program paid for by our tax money. Taxes are a big reason why gas is so high. Tax on $3 Is 3 times taxes on $1. So we are getting robbed at the pump by not only the oil companies!!!!!!GUESS WHOWill the recovery continue? No - as long as oil continues to rise. The weakness of the US Dollar and the speculation in petroleum will kill any recovery. Oil will reach $150.00 again, I have no doubt about that. When it does the economy will collapse a second time and any policy setter that does not realize that is either naive or ignorant.This just pisses me off.. The oil companies, barely scraping by as they are, just wait on the economy to show improvement so they can collude and jack up prices to increase their profits.. This has nothing whatsoever to do with demand. They're putting the cart before the horse. Pump prices will go up today yet the oil they purchase today will take weeks/months to reach the stations.. When oil prices go down, the price at the pump stays the same or decreases only marginally.. We need to get off of oil and this is in my opinion the #1 national priority.
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One day gas will again be cheap because demand will have been curtailed by electric and alternate energy vehicles.

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