Gas prices are up! Where's the outrage?

You want low gas prices, move to Venezuela with Chavez. Socialists!

 

"will gasoline prices ever go down "

Yes, after the war on Iran.

1. The high oil price is not out of "supply and demand", it's out of the "speculation". The big bankers manipulate oil price high to save Dollar. (Iran abandoned dollar in oil trading)

2. The high oil price will also justify Iran war. After the war, the oil will return to normal. Then the media will tell people, "You see. We are right to war on Iran. So you all can enjoy a low price gas now."

3. The plotter used to make money on war crisis. So they accumulate the oil future options to push up the price. Once the war happens, they can make huge profits. (They had done so in 911 attack when they made money in stock option market.)


4. In 2008, when there was a plan to war on Iran - the plot was signaled by a B-52 loaded with nuclear missiles flied over US continent, oil had been pushed up to $147/barrel. Now it is a similar situation.

Here is an article I written then.

556. Petro-dollar, the cause of Iran war (7/4/08)


People think the nuclear ambition of Iran is the reason for Iran war. That is only right on Israel's part. For US part, it is petro-dollar.


US dollar is appointed currency in oil trading. Because the oil trade is a huge business, a large amount of dollar is locked up in that trade. That money is called petro-dollar. Why it is so important to US? Because it acts as a long term none interest loan The prosperous US economy partly was based on the petro-dollar - a long term loan without interest. Let me depict it in this way:


US bought a house from Japan (whom represents the oil customers of Iran) for one million dollars. US also bought another house from France (whom represents other oil customers of OPEC) for one million dollars. Japan and France use these two million dollars as fund to buy oil. The money was used in oil trading circle and never back to US. US enjoys the two houses almost free. He doesn't have to pay monthly mortgage payment. Not a penny for interest, nor for principle. All the cost was the printing of a green back paper. However, that green back paper - petro dollar, is still a debit note. How long is it? So far it's more than forty years - since dollar became the appointed oil trade currency.


But suddenly, Iran refuses to accept dollar. Japan has to ask US to exchange that one million dollar into Euro or yen. What US can do is: 1. to get the dollar back by export more merchandise. But he is not able to. He has a trade deficit already. 2. To get the dollar back with gold or foreign currency reserve. But he hasn't that much reserve. 3. To lock up that extra one million dollar in US Bond by raising the interest rate to attract the buyer. But he unwilling to do it. There is a sub-prime crisis in real estate market. Any interest increase will further devalue the house. Feds holds a large amount of real estates in my case, they don't allow such thing to happen. So to solve the problem, they go to the fourth option. 4. By pushing up the oil price.


France (other oil consumption countries) keeps one million dollar as oil trading fund. How much does he need if the oil price doubled? Two million. Thus the one million dollar Japan abandoned is absorbed by France. That's why the oil price jumped like crazy in recent days - a tricky way to keep US dollar from collapsing.


US has to pay for high oil price too. Ordinary people bear the cost. But the high oil price will hurt the economy. The condition won't last long. So war on Iran is unavoidable.


Of course, US is a "democratic" country. It can't start a war because others refusing to use its currency. Then beware of another 911 style false flag attack.

 

There are jobs out there. McDonalds just announced they are hiring 50000 people. Stop worrying about what the government is going to do for your gas tank and pull yourself up by your bootstraps. A second job at minimum wage should be more than enough to cover 4 or 5 or 6 dollar a gallon gas.

 

I said you had the answers. So what is the point of the assurance? Or are you just being a

 

My apologies.

 

They won't hire me, overqualified.

 

Off-topic a bit: Back in the 70s I came across 3 very irate older men complaining about the price of gas at a local station. They were all incensed that the price had gone from 67.7 cents per gallon one week to 67.8 cents per gallon this week. I stood in amazement that three grown men might all die of heart-failure in front of me over a tenth of a cent per gallon of gas, a penny extra for 10 gallons. None of them died of course, though one got mighty red and may have ruptured something, but I am sure all 3 didn't survive for long! ...(laughs)... Sorry, just thought I'd share.

 

That retarted story isn't even believable.

 

Oh, I assure you, it's true. But, I've noticed people on here tend to believe crazy things. Next time I tell this story I'll include something more people can believe ...any suggestions? I'm sure you can provide me with something insane.

 

By "believe crazy things" do you mean, 9/11=inside job, Obama=not American, and other such conspiracy theories? Perhaps if you stated that you ran into these three gentleman after escaping from a mental institution, the story would be believable.


PS. You asked!

 

I shall amend it immediately ...in the meantime, I believe you dropped this: < ) ))) crayola ))) )

 

Okay Yooper

 

My friend told me yesterday that the gas/oil companies are making 66% off this whole thing. Why can't we do something about that? It is crazy to be paying that much and having them make that much.

 

How much are the oil producing countries making off of us? You know, if BO would let us compete (by using our own natural resources) we wouldn't be in this predicament!

 

You have a point there David. It is just sickening to think what we are paying so someone can have a nice lifestyle.

 

Are you talking about BO's lifestyle? His lot has certainly changed since he became a public servant. Is that the way it is supposed to be?

 

I heard Barrack say that Americans just need to get over the whole gas issue. And buy more efficient cars. Well he has a huge ride and we pay for that gas! I suspect he will be a one term president.

 

That's baloney. We'd waste even more of it. And oil companies would still raise prices. Nothing would change.

 

[0QUOTE=angie828;298858]You have a point there David. It is just sickening to think what we are paying so someone can have a nice lifestyle.[/QUOTE]

Would you want the President to hitch hike to get to where ever he goes? Should he live in. A barrier? If he has dignitaries for dinner should they get take out or go to Burger King? Would him being driven in a Kia satisfy you? What would it take not to sicken you?

 

Well, that's certainly how he would have us live....all the while his standard of living just keeps getting better & better.