Welcome to GW Bush's Oil Thunderdome of Doom

I am ending my embargo about talking about gas prices. "HOLY F Batman, Americans are getting ass raped at the pump!"

I paid $4.22 dollar a gallon gas on Saturday so I could take the better half's car up to OTB for the Belmont Stakes. Classy guy huh? Nothing says romance like all you can eat crabs legs, Maryland White Trash, and gambling addicts!


There has to be some twisted prophecy about George W Bush repeatedly losing all of his dad's rich friends' money in the 80's on bad oil deals and then under his disastrous tenure as president, the nation's average price of gas goes from $1.25 to over $4.00, rumored to be $5 by July 4th.

Since Oil companies are continually posting record profits, it is suffice to say Bush finally did become a successful oil man and earn his father's praise. Unfortunately, it is at the expense of the economy and our checking accounts.

I want to warn you about the "Lets Drill Yellowstone" faction out there who will always argue more drilling is the answer. Several studies prove that this would barely help with prices at all.

Furthermore, more US oil drilling is a temporary band aid and does not provide a long term solution to America's energy problems. We need to ween ourselves off oil, not become more dependent on it. China/India are becoming bigger players in consumption than ever before and thus they will surely cancel out any supply of oil we would find in American anyway. The oil would be sold on the world market too.

There are many factors at play with the rise in gas prices other than just supply/demand.

US occupying a highly violent/unstable Iraq and threatening Iran with war does not help stabilize the market. OPEC's interests are obviously not with helping Americans at the pump either. Bush's pow wow with his Saudi buddies was ineffective in agreeing for them to increase production.

The record low weak dollar is being directly linked to high gas prices. Bush's policies of running up our deficits for his wars by borrowing trillions from China has enabled the Chinese to subsidize their own gas prices, which is keeping world demand from decreasing dramatically because of the high price of oil.

Speculators driving the price up so much that the Federal Government launched a probe into possible oil trading manipulation and publicized their investigation.

I do feel bad because it is almost as US City planners over the past 30 years were on the payroll of Detroit and the oil companies. More and more sprawl was built with no transportation concerns considered at all other than auto and legitimate public transit options were ignored by the populace and local/state/fed municipalities.

Here is a great article about the long term effects of $200 barrel of oil on the world.

Welcome to GW Bush's Oil Thunderdome of Doom and here is a sign to keep up/drink your spirits with a strong public safety message.



Federal Probe into Oil Market Manipulation

The Future of 200 a Barrel Oil

UPDATE:The chief executive of the world's largest energy company has issued the most dire warning yet about the soaring the price of oil, predicting that it will hit $250 per barrel "in the foreseeable future".

Mac Gs World