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Why are we paying $3.45 a gallon for gas….If Cushing Oklahoma has plenty of Oil?…..Repost 4/22/11

(This post was orignally done on February 28, 2011)

I was watching CNBC this morning while walking on my treadmill….

The morning anchor…

What’s his name was having a grand ole’ Monday morning….

He was talking to some on scene reporter that was wearing a hard hat and  standing in front oil tanks as far you could see in Cushing, Oklahoma

For those of us who don’t know these things…..

When those who do know how to order oil futures…

They are talking about deposits in Cushing…..

Most of US and Canadian oil production goes thru Cushing’s pipes and tanks…..

Well folks here the secret that the jolly CNBC guy is laughing about while I’m paying $3.45 a gallon for gas….

Cushing has a LOT of OIL….

The reporter out there squinting into the camera smiles uncomfortably and tells the jolly anchor….

Yep…..Texas and other states are actually producing record amounts of OIL along with the Canadians……

Confirming my theory that the rapid rise in oil and gas prices has little to do with the supply of oil in this country…

The jolly fellow in the studio in New York keeps chuckling…

And I start cursing all of those guys who are making money driving the prices up so they can deposit more money in their checking accounts

And the dipshit financial reporters who could careless….


While I have to get gas every two days because the price is so high $20 lasts  that long….

America….

The capitalist capital of the world….

Where else could a damn anchor on a TV station sit on camera and laugh about how the public is getting screwed in plain daylight

And the media doesn’t think this is important story?

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April 22, 2011 Posted by | Blogs, Breaking News, Counterpoints, Government, Media, PoliticalDog Calls, Politics, The Economy, Updates | | 2 Comments

I just paid $3.67 for a gallon of gas…..

Listen…..

I’m pissed…..

But the best thing about this  IS this……

While standing on-line at the Deli counter at the supermarket…

The topic of conversation was the GAS PRICES!……

 

The last time I remember this happening was the end of Carter’s one term wonder…

Now  I’m not suggesting that Obama is gonna be another Carter….

He’s far from that right now….

 

But…..

If things start to go sideways with the economy…..again..

And gas stays above $4.00 a gallon (It’s going there for sure)….

Then I don’t agree with Nate Silver’s assessment that the price of gas won’t have amajor impact on the Presidential races….

 

Plain and simple….

We all agreed that Obama is a lock for another term is the economy is doing okay…

That isn’t the case right now….

And the way the GOP newbie’s are tearing at the budget it looks like things are gonna get worst….

IF….and that’s a big IF….

The electorate blames Congress and the GOP for this …..

Than Obama

Is a lock….

But If things start to drop again and Obama stands by waiting to see which way the wind blows, as he usually does , before jumping in…

Then all bets are off…..

And….

That would be fucked up…..

The GOP newbie’s wreck the economy along with their rich friends on Wall Street, and in the Banks, who get a pss….

Just to get the Presidency?…..

 

Do these people have a soul?

From Politicaldog101…

 

March 5, 2011 Posted by | Automobiles, Breaking News, Counterpoints, Editorial, Government, Media, Other Things, PoliticalDog Calls, Politics, The Economy, Updates | , , , , | Leave a comment

Gas prices are on the rise again……

Yep they are….I brought $20 worth of gas tonight, and the price was up 11 cents from $2.78 a gallon to $2.88 a gallon…..

Now I just did a post about all the oil that being discovered and a bit of that has to the oil that gets converted to gas…..but this piece in the Washington Post goes on about the U.S. Dollar and heating oil demand…..

The piece mentions bad weather and less driving…but you know the more gas you save the higher the prices…..it’s like they gottta get  their money…..you drive more..the price goes down…you drive less…the price goes up……

This is not helping the economy …..one single bit……..

What gives?

January 8, 2010 Posted by | Automobiles, Breaking News, Ecology, Government, Politics, Travel, Weather | , , , | 2 Comments