This article is for all of the people that don’t believe that Big Oil is sticking it to them and that the “trouble” with the price of gas is that “the refineries are breaking down” and have “choked” the gasoline flow to your gas eating SUV’s. Let me ask you all a question. Why are these refineries breaking down when Exxon/Mobile just pulled off the largest profits of any corporation at any time in the history of the world? Some estimates have profits as high as 377 billion dollars. That’s just PROFITS my friends, it isn’t taking into account operating costs.
Besides Exxon/Mobile there is a host of other oil companies that recorded windfall profits last year. If there is a meltdown at the refineries, than it is a criminal meltdown. The reason I call it criminal, is after gouging all of the profits they could possible manage to squeeze out of every human being on the face of this planet, they have the nerve to tell us that they didn’t bother to put some of it these profits back into their infrastructure to keep the flow of gasoline going.
What a great deal! The oil companies now deliver LESS oil at a higher price and make more money! How’s that for a racket! That’s like getting a huge pay raise, working less, and making the same or more. What happens when they pull more refineries off-line and the price goes to five bucks a gallon? They can keep the same profits and deliver less product.
I know, I know, supply and demand. Sure, that is a good argument. Still, time and time again the Big Oil has used excuse after excuse on why the price of oil just has to rise. Even when only 1/5 of the oil reserves in Iraq, light sweet crude, is being pumped (and slowly at that) OPEC has put arbitrary limits on Iraq and Iran, limiting the oil they can pump. They have convinced the world that we are running out of oil. We are not. Just like the refineries that are breaking down conveniently before the summer dive season, another “crisis” will drive prices up again next year just before Memorial Day exactly as in past Memorial Days.
Speaking of memorials, let me remember Jerry Falwell who devoted his life to bigotry and name-calling in the name of Jesus, may you rot in hell. The same exact sentiment I have for Ken Lay, who by the way, was one of the “architects” of the Iraqi oil scam before he was convicted of another fraud. Just keep on believing what the mainstream media is telling you about the oil supply. While you are believing them, don’t cast me as an oil fan. I just don’t like paying for Big Oil’s lies. I drive a Jeep with a four-cylinder engine, not a Hummer or a Lincoln Navigator that they can’t keep enough of in Bush’s hometown of Crawford, Texas. Seems that oil profits are so good there that to get a Lincoln Navigator, you have to wait in line.