SILVER BULLET FOR OUT OF CONTROL GAS PRICES

67

By Jeromeo

THE STRATEGIC PETROLEUM RESERVES

If I bet you that the buying public will pay $5.00 a gallon for gas, and you say OK, lets buy all the gas now while it’s selling for the equivalent of $2.00 a gallon after being refined, then we can raise the price of gas that sells at the pump, to $5.00 and make a 100% profit on our investment.

Well that’s what we’re up against right now. The model for gouging energy prices was established and perfected by ENRON, back when they drove the State of California in to bankruptcy; by inflating the price of energy [home heating oil and the energy used to produce electricity, in that state].

The plan was simple give a reasonable excuse for the rise in the price of the energy sources in this case oil, and by extension the electricity, produced by burning the oil, and you can walk away with a fortune.

They did both artificially inflated, the energy prices and walked away with a fortune. Once they perfected the model then they went about sending lobbyists to the U.S. congress; where they managed to get a bill passed, that not only allowed for this type of wild speculation; that could be based on any lie they could make up, they had a provision placed in the bill, that protected the practice, and denied any future congress to repeal of the, ENRON LOOP HOLE.

That’s what it’s known by, the ENRON…LOOP…HOLE.

So when you hear on the news that: there is trouble in the middle, east and that its affecting gas prices at the pump, THAT IS NOT TRUE.

The only thing that’s affecting gas prices at the pump is the fact that the dully elected congressional members of congress are bought and paid for, by Wall Street.

Wall Street says jump, and CONGRESS say’s how high. Then Wall Street, says “high enough so that when you land, it will squeeze another $18, billion, in profits out of those middle class morons; who have to pay what ever we demand at the pump.

If our congressional leaders did their jobs and truly represented the people, this situation would not exist, but that’s wishful thinking in the extreme. That is to say they could bring the ENRON LOOP HOLE, up for a vote and eliminate ridiculously high gas prices.

But they need to be reelected so they and their families can continue to “live the life style to which they’ve become accustom.”

The reason for the protection of the ELH, is the attitude that free enterprise the back bone of our democracy. More B.S. , the back bone of our democracy is the hard working members of our nation who sacrifice their children for the philosophy of a free Democratic Society.

But wait there is a solution to the dilemma we face. The answer lies in the release of gas from the Strategic Petroleum Reserves. This is vast amount of oil kept in reserve for a national emergency.

What could be more of an emergency than the threat of rising gas prices to collapsing the economy, again? Sending us into another economic, depression, few remember the last economic depression was kicked off by gas prices so high at the pump; people could not afford to buy gas to go to work.

They also could not afford to make their mortgage payments. So releasing the emergency petroleum in an effort to control the futures market would make good political sense and help keep the recovery of our nation economy on track.

Another thing that would slow down if not put and end to the economic genocide of the speculators would be for Kuwait and Saudi Arabia, to increase oil production, to pay back the American people for all the blood and treasure we expended during the initial gulf war.

If Saddam Hussain, had not be stopped at Kuwait he would have surly taken over the rich oil fields of Saudi Arabia. You would think the Saudi’s, and Kuwait’s appreciation for that would, cause then to voluntarily come to the aid of Middle Class America.

But the affect of this two pronged attack on the speculators would send a shock wave of fear through the gas futures market that would make future big bets on the price of gas too risky for those whose greed, knows no bounds.

However, congress won’t do any of these things as long as we are willing sheep being led to the slaughter. It is time to stand up and do something about out of control as prices and the constant abuse of America’s middle class ethics.

It is time to send a clear message to over seas beneficiaries, of our blood and treasure that we can and will only take so much.

And this idea of allowing “Enron” gas prices to stay high to motivate Americans in to innovative thinking; is almost as twisted as the speculators gouging us at he pumps.

We control our on destiny its time to send the message that we will not be beat down into a third world culture by Wall Street, greedy members of congress, or a President that refuse to listen to the people who elected him.

Its time to end the Enron Loop Hole, and bring gas prices back to a level on sanity.

Comments

carczarconsulting 5 weeks ago

Silver Bullet - www.mpgleader.com

anonymous 5 weeks ago

Gas price killer solution www.mpgleader.com

Submit a Comment
Members and Guests

Sign in or sign up and post using a hubpages account.



    • No HTML is allowed in comments, but URLs will be hyperlinked
    • Comments are not for promoting your Hubs or other sites

    Please wait working