It is basic economics 101. The simple theory of supply and demand and this case the supply goes to the highest bidder. And the highest bidder in this basic case study is, China.
Obviously China is willing to pay a higher price for oil than we are. Oil that is sold on the world market and sold by market speculators buying and selling oil on the Global commodity market. Speculators who are completely indifferent to whoever is the buyer bidder or who is the lower bidder. And we are talking about oil no matter where it comes from. From a rig in Oklahoma, from an ocean rig in the gulf, or down from a pipeline from Canada. Even pipelines undulating down through the hinterlands of Alaska. All go to the world market. It’s like having a world market auctioneer right at the oil head site. Dribbling, babbling bids and selling to the highest bidder.
So, if you want oil and especially domestic oil to stay in America, you have to be the highest bidder. Which often means higher gasoline prices. The person with the top price takes the oil. America has to pay higher prices than China. Higher than India. Higher than Japan and on and on.
Do you see the principle here? You’ve got money? You’ve got oil. No matter where it comes from. Comprender senor?
How we get oil and how much it costs per gallon has nothing to do with where we get oil. It has nothing to do with President Obama. It has nothing to do with Drill baby Drill. It’s all in the world economics. Highest bidder gets the kitty. Takes the whole pot. Wins the first place prize. Winner takes all. Simple, basic, freshman level economics. End of lecture.
Showing posts with label Domestic oil and gas. Show all posts
Showing posts with label Domestic oil and gas. Show all posts
Wednesday, March 21, 2012
Friday, December 9, 2011
Ladies and Gentlemen of congress, please step aside, or else.
How long is it going to take the American citizen to realize that the Republican leadership in Congress is the firewall between big business and consumers? They are the obstacle preventing reasonable laws to protect we Americans from establishing fair business practices, clean air legislation, clean water regulations, and just reasonable environmental protection laws. They are the guys who get in the way of common sense.
It doesn’t take a scholarly writer of public policy to see that the Republican leadership in congress is the hired protectors of Wall Street, big banks, big oil, and hydrocarbon purveyors. You can easily read about what congress is perpetrating against the American citizen. Just read the daily newspaper. Read the weekly magazines. Watch the nightly news. It’s all there. It is easy to understand.
Congress does not like anyone or any organization that stands in the way of “Making Business.” Business at the expense of America and its human and natural resources. No matter if good laws benefit the health of American, such rules or regulations will be labeled as Job Killing and vigorously opposed by the Republican Congressional leadership. And if the truth be known, seldom if ever are such laws ever cause jobs to be lost. More like a smoke and mirror mantra from the leadership.
So, it is easy to see that the Republican leadership is bought and paid for by big business, big oil, and big banks. Republicans want the American consumer and citizen to keep their collective noses out of Washington legislation. Congress is the hired “security guards” to keep America at bay. Holding Americans from entering the decision process. Which if you think about it, is totally against the constitutional process. More like Anti-American. Democracy is dammed. Congress is not our friend.
Wake up Americans! Call your congressman or congresswoman and let them know if they can’t protect the general interest of the constituency, then it is the voters duty to get rid of him or her. It is your responsibility as a voter to find somebody else to represent the best interest of your district. Better yet, all of congress needs to be replaced. Swept out. Start afresh with someone who cares about you and your interests. God bless America.
It doesn’t take a scholarly writer of public policy to see that the Republican leadership in congress is the hired protectors of Wall Street, big banks, big oil, and hydrocarbon purveyors. You can easily read about what congress is perpetrating against the American citizen. Just read the daily newspaper. Read the weekly magazines. Watch the nightly news. It’s all there. It is easy to understand.
Congress does not like anyone or any organization that stands in the way of “Making Business.” Business at the expense of America and its human and natural resources. No matter if good laws benefit the health of American, such rules or regulations will be labeled as Job Killing and vigorously opposed by the Republican Congressional leadership. And if the truth be known, seldom if ever are such laws ever cause jobs to be lost. More like a smoke and mirror mantra from the leadership.
So, it is easy to see that the Republican leadership is bought and paid for by big business, big oil, and big banks. Republicans want the American consumer and citizen to keep their collective noses out of Washington legislation. Congress is the hired “security guards” to keep America at bay. Holding Americans from entering the decision process. Which if you think about it, is totally against the constitutional process. More like Anti-American. Democracy is dammed. Congress is not our friend.
Wake up Americans! Call your congressman or congresswoman and let them know if they can’t protect the general interest of the constituency, then it is the voters duty to get rid of him or her. It is your responsibility as a voter to find somebody else to represent the best interest of your district. Better yet, all of congress needs to be replaced. Swept out. Start afresh with someone who cares about you and your interests. God bless America.
Friday, October 14, 2011
It's time to take the hint and leave
I don’t know that much about the Middle East and have never been there. Nor have I ever wanted to go there either. This includes Israel and all the other semi safe Middle East countries (if there is still such a thing).
America and the Middle East are worlds apart in culture, religion, and politics. Not to mention just the general attitude on morals and role of women in society. Not really sure who has the better position on any of the afore mentioned. Middle East? America? Nonetheless, they have the oil, we have the cars. What else is there?
The bigger question to ponder is if the hostile Arab countries really don’t like we Americans, why are we there? Better yet, why did we go there in the first place. Well, the answer is big oil companies. Big oil companies is what drove current American foreign policy in the Middle East. No other reason. I guess cheap oil is worth all the hostility and anguish. Oh, really?
Another question is, why did we go to the Middle East to get oil when we have oil right here in America. Sure it limited but we easily could have adapted to its flow. Conserving and limiting its use. You only use what you have. Right?
The principle is the same as our monetary policy. Spend only what we have. No borrowing or printing of money. No going half way around the world to take someone else’s oil. Use what we got. Learn to live within our means. Drive a few miles and walk the rest of the way. Right?
All the world conflict over oil in the Middle East and America could have been avoided only if we learned early on to plan ahead. Planning on conserving and creating alternative means of energy way back when. Had we done that back when, we now would be miles ahead on energy and our energy needs.
If it were left up to me, I would leave the Middle East right now. Just drop what we are doing and run home. Come home Charlie. It’s not worth the dirty grimy hassle. They don’t like us and we don’t like them. Please, let us just remain worlds apart. It’s would be best that way. The oil companies could just go suck a dry rock. Right? Right.
America and the Middle East are worlds apart in culture, religion, and politics. Not to mention just the general attitude on morals and role of women in society. Not really sure who has the better position on any of the afore mentioned. Middle East? America? Nonetheless, they have the oil, we have the cars. What else is there?
The bigger question to ponder is if the hostile Arab countries really don’t like we Americans, why are we there? Better yet, why did we go there in the first place. Well, the answer is big oil companies. Big oil companies is what drove current American foreign policy in the Middle East. No other reason. I guess cheap oil is worth all the hostility and anguish. Oh, really?
Another question is, why did we go to the Middle East to get oil when we have oil right here in America. Sure it limited but we easily could have adapted to its flow. Conserving and limiting its use. You only use what you have. Right?
The principle is the same as our monetary policy. Spend only what we have. No borrowing or printing of money. No going half way around the world to take someone else’s oil. Use what we got. Learn to live within our means. Drive a few miles and walk the rest of the way. Right?
All the world conflict over oil in the Middle East and America could have been avoided only if we learned early on to plan ahead. Planning on conserving and creating alternative means of energy way back when. Had we done that back when, we now would be miles ahead on energy and our energy needs.
If it were left up to me, I would leave the Middle East right now. Just drop what we are doing and run home. Come home Charlie. It’s not worth the dirty grimy hassle. They don’t like us and we don’t like them. Please, let us just remain worlds apart. It’s would be best that way. The oil companies could just go suck a dry rock. Right? Right.
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