Tuesday, April 25, 2006

Oil Insanity

Here I go again. In August, 2001 George Bush and the Republican congress passes a bill that gave a $16 BILLION tax break to the oil industry. In the most recent financial quarter, Exxon Mobil reported a $37 BILLION profit. Meanwhile, we are paying $3.00 a gallon for gas and the oil companies and the President simply say that it is a matter of supply and demand. Exxon has said that the reason prices are so high is that there are not enough refineries to produce the amount of gas the consumers demand. They also said that they would not spend one red cent of that $37 billion profit on building new refineries. Why would they? They just made the biggest profit in the history of the United States. To them, there is no crisis. If it ain't broke, don't fix it.

Dubya, Dick Cheney, Saddam Hussein, the Bin Laden family, and the "presidents" and royal families of Iran, Venezuela, Saudi Arabia, Nigeria etc all have one thing in common. They either own, have owned, or control part or all of the oil industry in their respective countries. In other words, our President and Vice-President are a part of the problem, not the solution. They are members of the oil cartel. The Bush family has been drilling oil in the middle-east for generations and has been virtually adopted by the Saudi royal family. Dubya owned his own oil company for a while, but then partnered with some folks named bin Laden in some oil ventures in the middle-east. Cheney was the CEO of Halliburton, a gas and oil services contractor that has made over $10 billion in Iraq since the Vice-President conspired with the administration to go to war there. Why? Cheney's stock options in Halliburton are now worth over $8 million dollars. That stock was worth less than $250,000 before the war.

Bush says he's doing all he can to help Americans during this crisis. Do we believe him? His 34% approval rating tells us all we need to know. Of course he doesn't pay any attention to polls. He just does what he thinks is right for our country. What more could we ask from our President?

3 comments:

Anonymous said...

...and he cuts funding from elder health, adding another reason to despise the jerk with no IQ that we call our president. Double YUCK

TheNotQuiteRightReverend said...

I didn't say he grew up in an oil family. I said that he and the others on my list "either own, have owned, or control part or all of the oil industry in their countries." I believe Chavez controls Venezuel's oil industry.

That being said, I DO NOT support Pat Robertson's calls for assassinating the man or Dubya's desire to control all of the world's oil supply. I just want us to get serious about breaking free from the shackles of foreign oil dependence that we are bound by.

Ethanol, bio-diesel, hydrogen, electric, solar, and wind power are not brand new concepts. Our government has chosen to spend $250 Billion on a hopeless war on terror when we could have spent that money researching ways to utilize alternative energy so that we can tell the oil cartel countries that we don't need them anymore. I don't advocate isolationism, but would it be the end of the world if we just stopped answering the phone when the counrties that sponsor or harbor terror called for financial aid?

TheNotQuiteRightReverend said...

I didn't say he grew up in an oil family. I said that he and the others on my list "either own, have owned, or control part or all of the oil industry in their countries." I believe Chavez controls Venezuel's oil industry.

That being said, I DO NOT support Pat Robertson's calls for assassinating the man or Dubya's desire to control all of the world's oil supply. I just want us to get serious about breaking free from the shackles of foreign oil dependence that we are bound by.

Ethanol, bio-diesel, hydrogen, electric, solar, and wind power are not brand new concepts. Our government has chosen to spend $250 Billion on a hopeless war on terror when we could have spent that money researching ways to utilize alternative energy so that we can tell the oil cartel countries that we don't need them anymore. I don't advocate isolationism, but would it be the end of the world if we just stopped answering the phone when the counrties that sponsor or harbor terror called for financial aid?