(10:00PM EST – promoted by Nightprowlkitty)
Not too long ago, I was paying $3.70 per gallon of gas. Today, I am paying $1.40 per gallon of gas. The price of petrol has dropped over half its price, and in only a few months.
The big question is… why?
It’s the market. It’s the speculator’s. It’s the overseas crisis.
We’ve heard the excuses, but, what is the real story?
I say, it is Big Oil’s calculation of just how much money they can extort before our society collapses.
No, it’s not the consumer — they have no fear of the consumer. It is the governments ability to function.
Go to this link.
The fiscal budget year of governments is September/October. In those months, you see the price of gasoline falling. The governments — state, county and municipal — are broke. They don’t know how they are going to further paying for school buses or emergency services.
Go to this link. You’ll see the past 4 years (or, if the link doesn’t show it, do the manual at the site to find the 4 year broadcast). It shows the same thing — every Sept./Oct. the price of gas is falling — after the new budget, the price of gas is leveling off, then, it rises again throughout the summer till the next fiscal year.
If you’ve wondered why gas raises so high, then falls so hard, this explains it — Big Oil drains the governments of their funds till they wonder how they can function, then, they lower the prices so that our society doesn’t collapse.
If you’ve wondered why prices continue to rise, it is because every year, governments budget for more expenditures, only to have those expenditures pushed by Big Oil.
Remember, the consumer plays no role here, whatsoever. None.
It is about draining the governments of their funds till they scream, and, only then, does the price fall again.
Think on it. Better yet.. do the research that correlates.
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It shows the true grift going on. We consumers are really small fry, it is government’s spending Big Oil is after. It is not the end of “summer vacation gas use” after all. And the rise after Oct isn’t home heating oil either.
Good grok
So it is going up. I am beginning to suspect some kind of plot. It seems to do the rise and fall bit a lot before and after elections….just a little longer this time….but then it is not like any of our politicians had any stake in oil companies, right?
…implausible due to the impossibility of coordinating so many things at once.
People drive more in the summer – that is why it is called the “summer driving season”. Most of you are also familiar with the fact that energy bills are higher in the summertime, mostly due to air conditioning. And most of the industrialized world is in the northern hemisphere, which has the same seasons as we do.
Want the research that correlates? The Energy Information Association short-term energy outlook.
… a minority of total world oil production, are manipulating the price of gas …
… when we know that in the summer, crude oil consumption was pressing up against the limit of what we could produce, and that in late September with the financial crisis, the world followed the US into the recession we have been having since December 2007 …
So we know how it was done. Creation of growth in crude oil demand through to the middle of this year, followed by engineering a synchronized global recession, pushing oil down from bidding war prices to the cost of production of the marginal barrel.
The question then becomes, how did those clever oil companies persuade those Wall Street investment banks to go belly up? What was the incentive to take one for the team? This is the question I was asking when the financial crisis was a conspiracy by the Bush administration to allow them to hand out billions of dollars, but now we know it was not the Bush administration that conspired to create the financial melt-down, it was the Big Oil Companies.