Monday, August 4, 2008

Paul Harvey Sez

NOTE:  Mr Harvey's website can be found here: http://www.paulharvey.com/

A link to the article I'll be referencing can be found here:  http://www.time.com/time/magazine/article/0,9171,846386,00.html

I can't really quote the article because it's so short, but the gist is that the oil companies were collaborating to fix the petrol prices.  The oil bigwigs said that $1/gallon petrol was an "...economic impossibility."  Of course, now that we're close to $4/gallon (and actually were over $4/gallon recently) $1/gallon seems like a huge bargain.

But that's not the point.  Crude prices have fallen sharply over the last week or so.  But if you've noticed, the pump price hasn't kept up with the decline.  Wonder why?

If they were fixing the price then, is it possible that they're doing the same now?  How many lobbyists do they have in the Di$trict of Corruption?  We know that Mr Bush and Mr Cheney are basically in the oil companies pockets (they, of course deny this.)

But it really makes you wonder.  We know that the oil companies colluded to control the price of petrol back in 1923.  Are you absolutely certain that there isn't some funny business going on now? 

Note that I'm not saying there is.  I've no proof either way.  But with the price of crude dropping like a stone, why hasn't the price at the pump kept up with it?  Of course, the oil folks will trot out their same old excuses. 

Is anybody listening to them anymore?  We really need to get off of oil.

Oh, and Mr Harvey's "Rest of the Story" from today stated that the same report spoke about being beholden to foreign countries for oil.  That was in 1923, folks.  This is 2008.

We haven't learned a damn thing. 

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