Thread: Gas Prices for 2011
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03-05-2011 07:46 AM #1
Well, that took longer than I thought it would..........
The notion of a few self annointed "elites" wanting to control the rest of the folks in their society is as old as mankind itself. If you pay attention they are the ones who foment notions like "those greedy ______________....", in an attempt to distract from their actions. In that way "the people" then have to come to them for solutions to the problems their actions have caused that they successfully blamed on others. Like Dave asks, ".....will they be held accountable?" History has shown the gullible outnumber the informed....sigh.
On the idea that Lybia "only" supplies 2% of the worlds crude, that 2% is still a lot of energy. But to focus on that is to miss what's really going on.
Maybe it's my "spook" training from many moons ago, but to me there's a pattern of disruption in a whacky part of the world. Lybia, Tunisia, Egypt, Bahrain, Iran, and all the rest. What's behind that? Why now? Is it really "the people" wanting to oust oppressive rulers? Or is the beginning of the latest wave of the radical jihadists stated plan of world conversion? And in the middle of all of these destabilizing countries is the "gorilla"....Saudi Arabia.............10% of the worlds supply of crude. Futures (that word means something) traders look at the possible future, not the short term stuff "normal" people and the useless media focus on.
All that uncertainty (which extracts a cost) and our Federal Reserve devaluing the dollar through it's QE2 (sweetly called Quantitative Easing.....sounds pretty harmless eh?) policy are raising the price of ALL commodities around the world. Greed? More like survival.....but hey, shouting out "Hey, look at this shiny thing over here...." has worked for the elites since forever, why stop now?Your Uncle Bob, Senior Geezer Curmudgeon
It's much easier to promise someone a "free" ride on the wagon than to urge them to pull it.
Luck occurs when preparation and opportunity converge.






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A belated Happy 78th Birthday Roger Spears
Belated Happy Birthday