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Oil Barons Gouging the American People Again

The national average price for a gallon of gasoline has risen to $3.67 per gallon from $3.38 per gallon just one month ago, and like every time the oil barons decide to gouge us there are 101 excuses as to why. When the gouging first began in the 1970s, we were told that we were being robbed as a result of supply and demand.

Economy and Finance

Oil Barons Gouging the American People Again



By Henry Shively

The national average price for a gallon of gasoline has risen to $3.67 per gallon from $3.38 per gallon just one month ago, and like every time the oil barons decide to gouge us there are 101 excuses as to why.  When the gouging first began in the 1970s, we were told that we were being robbed as a result of supply and demand.

OPEC was created in 1960.  Its express purpose is to control the amount of oil available on the world market.  Then by the 70s, the big push in the United States was for us to become a part of the world economy and the world market.

When we talk about supply and demand, the term supply must be considered a misnomer as the word does not relate to the amount available, but rather the amount artificially allowed to be available.  This has been a scam since day one.

None the less, now that we in the US have dropped our demand, essentially because we can no longer afford to buy as much gas, the excuse being given for the run up in price this time is, one, tension in the Middle East being caused by our so called government that says it is acting in our best interests, and two, a reduction in refinery capability with the shutdown in refineries, in spite of the fact that there is a glut of crude on the market.  And don’t forget this latest refinery fire in California, which is being blamed for prices rising as I write this article.

The fact is the gas is being refined as it is always at the service station ready to be put in my car at the jacked up price.  So does it cost more to refine gas at one refinery when another shuts down?  This is a scam and a fraud.

And to top it all off, while claiming that it is lack of refining capability, the propagandists are pushing for more domestic production, hence more raw crude to be refined, as the answer to lowering prices that have gone up because of a lack of refining capability.  Do they really think we are this damn stupid?

What this comes down to is international control of our natural resources and monopolies.  Just like De Beers holds warehouses full of diamonds, intentionally kept off the market in order to keep the price of diamonds up.  You see, if we had unfettered access to the oil in the Middle East, free of the monopoly of OPEC, hence free unfettered competition, oil prices would plunge.

Unlike De Beers and the diamonds, the oil barons do not hold the Iranian and Syrian oil.  So the only way they can keep it off the market, is through these phony wars and sanctions.  And, if that doesn’t work, how about burning down a refinery that will cost $100 million to replace causing a hike in gas prices that results in $3 billion in profits.  Think they wouldn’t do it?

We are seeing the push for the Keystone Pipeline and more domestic drilling and fracking as petroleum prices rise.  And if you do not support these activities, you are labeled as a tree hugger.  How about this?  We totally support Keystone and more domestic drilling and fracking on one condition.  All the products derived must, by law, be sold within the United States.  But then you see this isn’t going to happen as the plan is to make the United States the number one exporter of raw petroleum.  Our refineries will be moved to China, just like the rest of our industry and we will pay the world market price for the petroleum products derived from our raw crude.  The fact is, we already do.

Somebody please answer me this question.  When did we the people vote to surrender our national economy to become a part of the world economy?  If we were manufacturing our raw resources within our own sovereign borders to be sold to our people, well, that is what we used to have, you know, when we were prosperous.

If we want to take control of this situation, we must take back control of our raw resources, which are being stolen hand over fist.  This would force the return of our industry.  Then arrest the bankers and retrieve our stolen wealth and we will be back to prosperity.  The thing is, we have to do it because the thieves are not just going to stop stealing as there is no incentive to do so.

God bless the Republic, death to the international corporate mafia, we shall prevail.

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Contributed by From the Trenches World Report of www.FromTheTrenchesWorldReport.com.

From the Trenches World Report is intent on uncovering more documented facts to bring to light that which the common man or woman is not meant to see. We are in a war for nothing less than our right to individual thought. We will be reporting on that war From the Trenches.

From the Trenches World Report is intent on uncovering more documented facts to bring to light that which the common man or woman is not meant to see. We are in a war for nothing less than our right to individual thought. We will be reporting on that war From the Trenches.

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