Everyone keeps yelling about the rising cost of everything. Food is more expensive because transportation is more expensive. Transportation is more expensive because fuel is more expensive. And fuel is more expensive because…because…well, we’ve NEVER really gotten a good reason why it’s more expensive. But here’s a hint: it doesn’t have a damn thing to do with who sits in the Oval Office and here’s why it doesn’t.
The oil industry (heretofore referred to as “those thieving bastards”) tells us in winter that gas prices will rise because they have to switch the refineries over to home heating fuel. So why does that cause the price of home heating oil to rise? Well, technically it doesn’t. Home heating oil is high because the speculators are nervous about the situation in the Middle East.
Now, two things ring falsely in that whole bullshit story.
Number one, there has not been a new large refinery built ANYWHERE in this country in decades. Longer than twenty years, way longer. Why not? Simple. More refineries means more opportunity to refine, which means bigger supplies which means reduced prices as supply suddenly will outstrip demand.
Number two, people were nervous about “the situation in the Middle East” since before I was born, and in the last sixty years guess what? The Middle East is:
A) still there
B) still producing oil
C) still fighting amongst themselves
D) not looking like it’s going to stop A, B or C any time soon
Now, to be fair if we had a better public transportation infrastructure in our country, things might be a tad different. There are huge areas of the U.S. where it is impossible to get “there” from “here” unless you drive. Funny how shoring up that sagging public transportation infrastructure would create JOBS, but no one seems interested in promoting that (the P.T. part, not the jobs part).
But still, the automotive industry in the U.S. has a very tight, symbiotic relationship with those thieving bastards – which is why you won’t see cars in this country that are affordable, environmentally friendly, and fuel efficient. Those thieving bastards will do everything in their power to make sure anything that will affect their bottom line is something THEY can control (those thieving bastards continue to post huge profits – not JUST profits but HUGE PROFITS) .
The ONLY thing the President can do to lower gas prices is to release oil from the "strategic reserve". I don't see that happening any time soon, because they're hanging on to that oil in case we have to invade... I'm sorry, "liberate" ... some other country.
So, if anyone wants to know who to blame for those high prices that keep going higher, look no farther. For the most part, it’s those thieving bastards that are pumping you up.
This has been a PSA – a “pretty simple analysis”. Of course, your mileage may vary.