Just another Reality-based bubble in the foam of the multiverse.

Wednesday, June 18, 2008

The real reason gasoline is heading to $5/gallon

WASHINGTON — President Bush, reversing a longstanding position, will call on Congress on Wednesday to end a federal ban on offshore oil drilling, according to White House officials who say Mr. Bush now wants to work with states to determine where drilling should occur...


Reversing whose "longstanding position"? Certainly not Bush's or Cheney's.

The only one who's flip-flopped is Mc$ame:



It's interesting how the same people who have made so much money on the price of oil- the speculators on Wall Street and the oil barons- are the same people who will make untold billions more if the Gulf of Mexico is turned into ExxonMobil's playground and the Arctic National Wildlife Reserve becomes Houston North.

It certainly won't effect the price of oil.

And if drilling's the problem, why don't the oil companies want to drill in places that are legally open but they won't touch? It's like Avedon sez, this isn't about oil availability or price, it's about giving the Company the ability to do whatever it wants, whenever it wants, however it wants.

2 comments:

Ruth said...

The GoPervs are subsidizing a lot of the exploration that is happening, and we are paying twice for that oil company scam.

Thanks for the link.

Anonymous said...

You have it lucky, in the UK we pay £1.09 per litre. In US measurements this works out at $8.21 per gallon.