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Libya, Gas Prices, and the Big Payday at Your Expense

  • Posted on: 7 March 2011
  • By: MichaelCollins

Another Triumph for The Money Party

Michael Collins

The average price for a gallon of gas rose 30% from $2.69 in July 2010 to $3.49 as of March 6. Most of that 30% has come in just the last few days.

We're about to embark on another period of let the markets take care of it. The Money Party manipulators are again jerking citizens around in the old bottom-up wealth redistribution program. Their imagineers are writing the storyline right now.

The conflict in Libya is causing the spike in oil prices over the past ten days or so according to the media script. Take a look at the chart to the right. Can you find Libya among the top fifteen nations supplying the United States with crude oil?

Why the Current Panic Over Gas Prices?

The general explanation points to the crisis in Libya as the proximate cause. The anti Gaddafi regime revolution began in earnest on February 17. But if the Libyan revolution were the cause, we'd have to attribute a 50% drop in a 2% share of the world's oil supply as the cause of the panic. We would also have to attribute the increase in US gas prices to a nation that doesn't impact the US crude oil supply and, as a result, should not impact the price of gas here..

Obama Slams McCain on Offshore Drilling Flip Flop (W/Video of Gore Endorsement)

  • Posted on: 17 June 2008
  • By: NCDem Amy

Selling out to Big Oil, John "Exxon" McCain has flip flopped on his support of a moratorium on offshore drilling. In a major speech today, McCain will announce his support for off shore drilling.

Senator Obama has hit back quickly:

Gas Price Map and 2004 Election Results Comparison: Coincidence?

  • Posted on: 1 June 2008
  • By: GreyHawk

Becca of DelphiForums noticed an interesting coincidence between the current gas price temperature map and the results of the 2004 Presidential election: can you spot it, too?

Could this simply be a coincidental reflection of relative demand, population density or other economic demographics, or could it reflect potential market manipulation by commodity traders, now under investigation?

What do you think? It's not as thought there's any kind of evidence of Republicans ever gaming the system, right?