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Name: the oil companies
Ages: some over 100
Occupation: producer of the world's oil
Last Seen: everywhere
Bee-otched For: gouging fear into our hearts
Ages: some over 100
Occupation: producer of the world's oil
Last Seen: everywhere
Bee-otched For: gouging fear into our hearts
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Watch out, BP, Shell, Speedway/Marathon and all the rest, because Obama's watching you like a hawk.
On Wednesday, the president spoke out at a small college in Virginia and told the audience that he's blaming speculators for boosting gas prices over the past several weeks. He told the crowd that the country and the world has enough oil to support our automobiles and that there's no reason for people to listen to these people who are all crying that gas prices will go over $4 per gallon.
Right now in Grand Rapids, the average price is hovering around $3.95, about 10 cents more than what most people are paying nationally. The price of a barrel of crude oil is around $110.
Now, the Obama administration is cracking down on speculators to see if there's a link between them and the oil companies. The administration is also looking into gas stations that gouge their customers and as always, encouraging auto makers to manufacture cars that are eco and consumer-friendly.
You know, folks, we're scared easily. Bush won his second term because his White House released an Osama video three days before the 2004 election. Let's not forget that the great economic collapse of 2008 occurred when our government handed over billions of dollars over to banks and corrupt companies because the average person cannot pay over $4 per gallon in gas.
Now, it's the same 'ol shit. Speculators tread fear into the average American's heart and they win.
ExxonMobil made nearly $40 billion in 2008 while everybody and their kin was bankrupt. It's no lie: we need to crack down on speculators and prove to them that what they're doing should be VERY illegal. BP shouldn't be dancing around with cash money in their pockets while the effects of the Gulf Coast oil spill will be felt for decades to come.
Once again, I can't wait for the electric car to come out of hibernation.
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