Palin and Gibson Interview

I give Sarah Palin some kudos for being on the softball hot seat with Charlie Gibson, or should I say Charles Gibson of ABC News. She was more Presidential than John McCain and in some aspects passed the litmus test that the Bush administration desires to live on to attack all nations that even look at us Americans in a condescending way. Rather than using diplomacy, government and inside channels to communicate, we should just condone bombing everyone with a heartbeat that does not agree with American lead policy in the Middle East. Bomb, bomb, bomb, bomb Iran… Catchy tune from John McCain’s lips to the MSM and bloggers pointing out his and her gaffes.

Somebody over at the archive of records needs to roll up the Constitution like a fireplace log and douse it with starter fuel. Light the match or Bic lighter and just set it on fire. Fear is winning out over common sense and if you honestly think John McCain is about change life here in America then good luck to you and $200 per barrel oil prices. While you are over zealous to support a candidate that does not support equal pay for equal work for woman then please insert a hundred dollar bill at the gas pump every single time you gas up your Camry, Chevy, Ford or Toyota.

Video Link



So when is ABC News and Charlie Gibson going to give Joe Biden equal time? He is after all the opposition party to this softball interview. If you asked me, it almost looked like Governor Palin was able to do some homework on every question. Joe Biden will not need the homework session because he has lived the issues from day one and fought through a Republican lead Congress that was against anything for the middle and lower classes of America. Biden and Obama have a much better voting record when it comes to Veterans than McCain alone and he is in fact the person we are voting for and not Sarah Palin! One little factoid on Prescedent Bush, he never used his veto pen till the Democrats took control of both houses of Congress. Not even once! And John McCain was in line with the sell out of America prior to that date. How can he honestly declare that he is a reformer now?

Sarah Palin did not face one tough question during the interwiew with Charles Gibson of ABC News and when she was presented with one she avoided the question with her response. Again, smoke and mirrors and tell you what the campaigns talking points are and not facing the issues we as Americans care about. If you want to buy some dish washing liquid then by all means vote for McCain and Palin. Facts and figures just wash away. If you want to buy a roof over your head for the next four years then you need to look closer at the candidate that is offering shelter from a government gone wrong the last eight years that Obama, Biden, Hillary Clinton, Bill Richardson, Bill Clinton, are actually presenting as change to America as it is.

One political party is telling you how good you have it as the little people as they fly their private jets home every weekend and the other is trying its damndest to tell you the truth and include you. Pick a political party full of millionaires or one full of people making $10, $12, 15$, 20$ and hour for a pay check every week that actually cares about you and your family. Common sense is not dead in America! Health insurance for all is nothing to a hundred millionaire like the McCain's, affordable higher education for your children is not a concern for any hundred millionaire, basic rights for woman and their own bodies is not an issue for hundred millionaires. It is very easy to sit in the box seats looking down on the little people when you do not have to face the day to day fears that most Americans face. Never!

That my friends is the difference in this election. One man wants to tell you who to be afraid of and the other is telling you how great we can be as a people. One man has every single high powered oil, gas, energy, pharmecutical and all of the rest of special interest Washington based lobbyist working on his staff and the other has refused their services all together. Who do you think is presenting change? One candidate is taking large donations from big oil into the millions of dollars and the other is not. One fact is sure, it isn't John McCain that is looking for change!

Papamoka

Response to McCain Oil Drilling Speech

John McCain did his stump speech from an oil rig and I posted on it here. Well that post got a little attention from some politically connected friends of mine and they asked me to post this You Tube video pointing out the strong connection John McCain has with big oil special interest. Two million connections with one oil corporation to be exact…



Papamoka

Oil Speculation Outcome

Oil market speculators are going to be scrambling for the largest profits they can get from now till the first Tuesday in November. With the outright demand for change from not just one political party candidate for President but BOTH! When it comes to oil speculation then the free for all of the Bush Big Oil dynasty will be over. Or is it?

The so called free market game is up when the King of Saudi Arabia opens the spigot of his oil rich nation and says to the world that it is not a supply problem. It is not a supply problem when only a fraction of oil reserve drilling sites inside the United States have yet to be tapped. It’s not a supply problem when the only voice in the world saying it is a supply problem is coming from President Bush and his administration. If you for one minute think that George W. Bush is not in bed with Big Oil then you deserve to pay $12 a gallon for gasoline and see the cost of every product you need to survive triple.

Over at Market Watch they have the official word on what the price of oil should be and the wink, wink, wink of Congressional investigations into oil speculation.

Gas could fall to $2 if Congress acts, analysts say

Limiting speculation would push prices to fundamental level, lawmakers told

By Rex Nutting & Michael Kitchen, MarketWatch
Last update: 4:24 p.m. EDT June 23, 2008

WASHINGTON (MarketWatch) -- The price of retail gasoline could fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy-futures markets, four energy analysts told Congress on Monday.

Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.

Fadel Gheit of Oppenheimer & Co., Edward Krapels of Energy Security Analysis and Roger Diwan of PFC Energy Consultants agreed with Masters' assessment at a hearing on proposed legislation to limit speculation in futures markets.

Krapels said that it wouldn't even take 30 days to drive prices lower, as fund managers quickly liquidated their positions in futures markets.

"Record oil prices are inflated by speculation and not justified by market fundamentals," according to Gheit. "Based on supply and demand fundamentals, crude-oil prices should not be above $60 per barrel." - Market Watch

With the current price of oil threatening $140 per barrel then Congress needs to act with or without the President of the current administration. Not doing so is threatening the American and world economy at near collapse levels. Protests are breaking out all over the world because the cost of oil is crippling industries and yet the prices are going higher day after day. Maybe it is time for Americans to get pissed off too when they tank up the old Chevy for the week and it costs three times more than it did eight years ago!

Same article and same message from the Bush crew in bed with Big Oil…

However, other witnesses said that pure speculators have had little impact on energy prices, which have doubled in the past year to about $135 per barrel. Both Treasury Secretary Henry Paulson and Energy Secretary Samuel Bodman have dismissed the impact of speculators on prices paid by consumers.

Speculators now account for about 70% of all benchmark crude trading on the New York Mercantile Exchange, up from 37% in 2000, said Rep. Bart Stupak, D-Mich., chairman of the investigations subcommittee. Stupak introduced a bill on Friday that would limit index speculation. - Market Watch

Both of the candidates running for President are ticked off at the runaway oil speculation markets and it doesn’t matter at this point in our economy who wins if the economic engine of the world collapses under the oil greed and speculation. When, or if the dust settles, there will be no oil giants, no oil speculation, no free markets simply because you can’t feed your children oil! Anarchy is close and it will start with the mothers of American babies saying enough is enough.

This is not a joke my friends, it is a prediction of times to come. Americans love the simple life and when that life is no longer available to them then they react. How they react is up to the actions of a Congress willing to listen.

People are loosing their homes, jobs are being lost, wages and benefits are being cut, and yet oil continues to take more of what the people no longer have and that is a recipe for a disaster that none of us could ever fathom. People can not sit idly by as they see reports of even more grotesque record profits in the tens of billions as they look at the car in the driveway that they can no longer afford to drive simply because the cost of living has outstripped their paycheck.

Dupont today announced staggering price increases across the board just to stay in business. If you don’t know who Dupont is then all you have to do is look at every item in your home and if it looks like your stuff then Dupont had a hand in making it your stuff at the manufacturing level. Some of their customers are increasing prices by 20% simply because they can’t cut costs any further. This is an oil based cycle that is out of control.

Don’t believe me, Google search it and see what you come up with on Dupont Price Increase. Google search protests across the world on the cost of oil hurting economies not as resilient as ours in the United States. Google is the worlds largest search engine and the links you find do not lie.

Now is the time for you in America to start emailing and complaining to your representatives in the Congress to get behind this disaster that is oil pricing. Tell them you are pissed off and do something about it. Numbers in the complaint column will speak louder than these written words ever will when the other end of the phone or email is your Congressional Representative.

Papamoka

Hat tip to Worm Town Taxi

$12 Per Gallon Gas is Cool With Republicans

Not that you need to hear this but every single energy bill in recent years where Big Brother Oil was involved has taken a nose dive in the ring of our nations government. Things that make you go Hmmm?

Current legislation would have imposed heavy taxes on Big Brother Oil if they did not invest the mega profits into alternative energy sources. Oh, and it would have stripped out $17 Billion in tax credits for Big Brother Oil Incorporated in Washington D.C. Republicans in the Senate killed it. There was a small service, no flowers, no formal funeral. Just a bunch of folks from the Senate going “Oh Gee Willickers?”

Over at the New York Times they have this on the Republican Party in the US Senate telling the American People that $17 Billion in US Treasury funds are better spent by Big Brother Oil than you pesky gas guzzling near do wells…

2 Energy Bills, Including Windfall Tax, Stall in Senate

By DAVID STOUT
Published: June 11, 2008

WASHINGTON — A Democratic proposal to impose heavier taxes on big oil companies stalled in the Senate on Tuesday as Republicans and Democrats offered different ideas on how to deal with soaring energy costs.

A bill that would have rolled back some $17 billion in tax breaks on Big Oil and pressured the companies to invest in new energy sources by hitting them with a windfall-profits tax if they did not failed to get enough votes to move forward. Fifty-one senators voted to bring the measure up for consideration, but that was nine short of the number needed under Senate rules. Forty-three senators, most of them Republicans, voted “no.” - New York Times

And people wonder why the Republican Party is looked at as the party of big business and screw the rest of ya?

Is it just me or do all Republicans feel that Exxon/Mobil needs a huge chunk of that $17 Billion in tax credits? Hell Exxon could almost pay for the whole program in one quarters profits! That is clear profit!

Oil profiteering is reaching the point of genocide of our nations commerce. In doing so they are killing the beast that feeds them and that in turn will lead to the days of Teddy Roosevelt where every Big Oil Brother will be and should be broken up into a family of thirty and forty Little Oil’s. History must repeat itself for the greater good of the nation and for that matter the world.

In some respects I understand Hugo Chavez for privatizing his nations oil markets. When one organization thinks it owns the nations government, has that nations commerce by the throat, then government must step in with a heavy hand. Just my opinion. No Commie innuendo’s applicable. It works for New Hampshire with the control of liquor?

Do we need more Republicans in office to protect and defend the rapist’s of our economy. Is rape good and defending the victims in this oil market gone mad bad?

At one point in the price per gallon of gasoline the Oil Market will kill all of our world economy and the ones profiting the most from it will walk away clean as a new born babe. That isn’t just an assumption it is a cold hard fact. Every single product you use as a human being is in some way or form connected to the price of oil. Millionaire Republican’s killed this bill simply because they do not face the reality of someone living in the lower classes. Paying double for heat, double for gas, double for food, double for everything you need to survive is not a priority when you have a million dollars. It’s irrelevant in their minds. Tell that to someone surviving on Social Security! Then it becomes extremely RELEVENT!

The only question to ponder is at what point does the world economy collapse based on the price of oil per barrel? Make no doubt about it, that point is coming very soon. You can almost mark it on your calendar as oil spikes nine and ten dollars a day based on nothing than speculation.

There is something not right with the pricing of oil and I’m just guessing that the multiple billions of profits from all of the oil companies per quarter across the world just might have something to do with it. Excessive oil prices is wiping out the bottom layer of our nations economy. Without the bottom income earners the middle will collapse, without the middle the top will cave. Domino effect and that we can thank the Republican party for. Just for giggles, President Bush was going to Veto this bill if it passed.

In that respect, the meek shall inherit the Earth. It all comes down to oil and economics. One can not live without the other and in that respect any economy can not be hijacked by the price of oil without serious government intervention.

Papamoka

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Gas Profits Not High Enough for Exxon

You see it in the papers and news reports all the time that the price of gas at the pump is market driven but that is not the complete truth. All of the good old boys on Wall Street and in the boardrooms of big oil companies would prefer to have you believe that that factoid is the truth. If you believe that the price of gas and oil is market driven then you need to check into your local UFO outpatient clinic. Health insurance is not required.

Traveling the streets of your city and town and you see the prices at the pump proudly posted in big numbers at the curb where neighboring stations are almost always a penny difference per gallon in pricing. That would be simple competition at its basic form. Now travel five miles down the street where you just might see the same name brand gas station but the prices are higher or lower? Did the super tanker trailer truck from the same corporation come from a different distribution facility? Chances are that the same tanker truck delivered the exact same gasoline to both of the gas stations on the same day. Zipping over to the Washington Post you can see what Exxon thinks and how they treat their franchisees.

Peeved at Prices? Don't Blame the Dealer
Awash in Profit, Exxon Fights for Pennies While Raising the Rent

By Steven Mufson
Washington Post Staff Writer
Sunday, May 25, 2008; Page A01

Now, however, Rezazadeh says she cannot stay in business. Credit-card fees are eating her profit margins. Exxon, which owns the station land, last week handed Rezazadeh a new lease raising her rent about 30 percent over the next three years. She stuck a copy on the window of her station to show customers who are angry about soaring pump prices. Rezazadeh has told Exxon that she cannot make money with the rent that high. Her territory manager's reply, she said, was simple: When you go, leave us the keys. - Washington Post

One of the things I found interesting in this article is the manipulative factor that Exxon has built into its franchise agreement. Every facet of the business is dictated by the Big Oil company down to the exact location as to where you the consumer will grab your favorite candy bar from. That’s no different than being the owner of a Big Burger franchise. But the Big Burger franchise do not have different prices from neighborhood to neighborhood for the same burger and fries do they?

Then there is the mega corporation making ten billion in profits per quarter that manipulates it franchise owners to such a point that supposedly only an eight penny margin is allowed by the Exxon station owner. The only ones making a sizable and excess profit on gasoline at the pump is Exxon. That still isn’t enough cash flowing into Exxon so the stations where they own the land Exxon is allegedly pushing the rental or lease fees up thirty percent simply because they can. That would be similar to those old comedy skits starring Lilly Tomlin as a phone operator where she snorts at the customers complaint and simply states “We are the phone company sir, we can do whatever we want!”

One of the only assumptions you can get out of reading the article is that Exxon sees a bigger piece of the greed pie down at the local franchise level and is slowly pricing them out of business. When one station owner is told by the Exxon district manager to leave the keys for them when they are forced out of business then the writing and business plan is on the wall. Ten billion in profit is not enough for Exxon and they want more!

Pay attention Congress! It’s starting to look like the Exxon Mobil merger was a huge mistake and the all powerful corporation born of that merger has started to eat its young to get even fatter. Time to break out Teddy Roosevelt’s big stick and break up the mother ship.

Papamoka

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Bush Feels Your Pain at the Pump?

President Bush today let the American people know that he is right on top of things with the rising gas prices. Then again, no, he really didn’t. But he did acknowledge that it’s a problem for the working class of America. Then again, no, he really didn’t. I’m pretty sure he is really feeling the pain that we are all suffering but I’m also pretty sure that President Bush had his fingers crossed through the whole interview.

Over at MSNBC they had this to say on our distinguished “Deciderer” on the gouging at the pumps…

Bush: No quick fix for gas prices
President troubled by 'tax on working people'; to take look at proposals

WASHINGTON - President Bush said Monday that he's troubled by rising gas prices and will take a look at proposals to relieve the crisis but warned that there is no quick fix.

"It's been a while in the making and it's going to be a while that we solve the problem," Bush said in an interview on ABC's "Good Morning America." "We're too dependent on foreign oil and we need to be exploring more at home."

Bush said the rising cost of gas "troubles me a lot" because it is "like a tax on the working people."

Snippet…. Wait for the key phase!

He said he understands the pinch for working families and that some people will cut back on summertime travel. The federal tax rebate on the way to taxpayers will help, he said.

"One way to help solve it, of course, is by sending some of the money back. That's what's happening now as we speak. There's a rebate going back to the American people, which should help," Bush said. He reiterated his call for Congress to make permanent the tax cuts enacted during his administration. - MSNBC

This was classic Bush and his shiny object over here while I’m doing something else over here. Does the man think that the entire nation suffers from some form of attention deficit disorder?

Basically, his whole speech or interview could be translated into the following. Blah, blah, blah, gas prices, blah, blah, rebate checks, blah, blah, blah, but leave my tax cuts for the top two percent of income earners alone!

Maybe somebody should explain to the Nit Wit in Chief that the gas crisis is market driven and not a supply problem. Then while they are explaining that they could tell the deciderer that some of that market problem is directly linked to some little scuffle in the Middle East called the Iraq War that he started to settle a personal grudge! 4,000 plus U.S. Military dead but at least the crayon pusher at the White House got the guy that threatened to kill his daddy.

George Bush could care less if you can not afford to fill up your Chevy or Ford to get back and forth to work and why should he? He could care less if your family is about to have the lights shut off because the money is so tight these days that food just might be more important than paying the electric bill. All you people that are on fixed incomes are totally screwed if this sad excuse for an American President has any say in a pay raise of one or two percent in your Social Security check. You folks might as well sell your cars and think about canceling next winters idea about having heat in your home. In his mind your winter heating problem could be fixed by moving your sorry asses south where you don’t need heat in the winter! He is about as compassionate as a freaking rock! You might want to duck because the CEO of XYZ oil has this puppet boy President’s permission to smash all your windows and take all that they want from you.

I’ll be very clear that this President is on the take and his pockets are lined with the tears of the poorest American’s and those tears are not enough for him or his corporate buddies in the oil industry. Ten Billion in profits every three months isn’t enough for the number crunchers, they feed on greed and want more of what you no longer have. By the oil industry I’m also talking about all those fast talking salesman on Wall Street that are riding the fatted calf of oil with no care for their fellow man. Bush and company is all about full speed ahead till the Democrat’s derail the Republican business machine that takes no prisoners.

One has to give the Liar in Chief Bush credit, he has never wavered on the services he could provide to his business friends that put him in the White House. George Bush and Dick Cheney are very loyal to their friends, that is till the special prosecutors come looking. Bye Alberto, bye Scooter, bye…

Papamoka

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Inflation Revolution

Speaking with a very close friend today I was reminded how cruel and absurd the cost of living in America is today. It’s getting to the point of no return and the government just does not see it. Whether you agree or not we have become a nation constantly screwing over the middle and lower class for the betterment of the upper classes. Dropping your change from the store in the Salvation Army Kettle no longer works to help the lower classes.

Most Americans drive hundreds of miles commuting back and forth from work each week and that cost is not offset by pay increases. The pass on of cost increases all across the board of every good we need or buy is reflected in the economics of oil and our dependence on it. No other product in this world has been so effective in its ability to destroy even the best of economic engines than the simple product pumped out of the ground at a cost of $2 per barrel. How it gets to $115 per barrel is an argument we could go over and over again on what the profiteers of the industry are doing with all of the ill gotten gains?

No matter how you look at it, Oil is the cause of our nations out of control inflation. Throw out the numbers from any main stream media outlet and government source. Look at your grocery cart and see three bags of groceries that cost three times what they did just a few years ago.

There is no better way to laugh about it than Victor Borge and his Inflationary Language routine…


Inflation is a funny topic when you think about it. It’s supply and demand but it is also greed. When it comes to the world oil markets it never looks pretty. When it comes to making the American economy move it is a vital statistic that proves out across the board.

It will take no more than an American uprising to end this madness where the cost of living is out of reach for all Americans. With the housing crisis, the cost of food, the cost of everything in order to simply live is beyond the point of regulatory justification. This nation is on the verge of revolution no matter how you look at it. Healthcare, housing, vehicles, tobacco, everything we do is taxed beyond acceptance and we the people had no say!

When our society regulates and justifies our protection from ourselves then we have lost the sight of freedom. We have lost what it is to be an American. That is a huge mistake.

American’s need to speak up and be angry with our government representatives. If you are reading this post then you can Google search your representative in the congress. Do you want to wait for gas to hit $5.00 per gallon before you say enough is enough or is that okay with you?

Maybe we the people need to mass on Washington D.C. and let them know we can’t take any more. We the people are the nation and we should never forget that fact. Then again, we could just bitch and moan about the insanity of the ever increasing cost of living.

At what point do the people say enough is enough? They say enough when they can’t feed their families simply because they are taxed or legislated out of existence. That is coming when the numbers of them verse us overwhelms the folks making all the rules.

Just something to think about. Write and email your Senator, Congressman and even the President. Tell them you can’t afford to live anymore. Tell them that you are fed up! Otherwise, grab your pitch fork and head for Washington D.C. and poke the bastards where they work.

Papamoka

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Citizen Energy

In New England we are blessed to have a Santa on an oil fuel truck named Joe Kennedy. Yes, he is from the world famous Kennedy clan. When it comes to rock stars of charitable work then Joe Kennedy is the Mick Jagger of the Rolling Stones.

Some people have a problem with Joe Kennedy’s public charity that delivers home heating oil to many people in the New England area at huge discounts. For the life of me I can not comprehend why they have an issue with Joe Kennedy but some people just do not understand what real human kindness is. I’m thinking, Joe worked in our government, saw how polarizing it was to get anything done and just made up his own mind to just make it happen on his own.

What is the non issue of the work that this great man does is Hugo Chavez. Citgo Corporation and the government of Venezuela donates the home heating oil to Citizen Energy at undisclosed prices if not for free. I’m big on the devil in the details but if the end result is my seventy eight year old neighbor having heat then I more or less chuck the bird at the politics. Her furnace does not care or differentiate between oil at price gouging rates due to over market manipulation or something she can actually afford. The end result is a senior citizen that is warm while the temperatures dip below thirty degrees.

Joe Kennedy is a saint amongst the poor of New England for a reason, he cares. He isn’t running for any political office and frankly he never should. The work he does for the poor in my home state alone is to valuable to loose him.

That leads me to this thought, what are the Republican’s doing to help the poor in the northern parts of the United States? If you are coming up with the same results that I am you come back to just one result. Market forces are good for business and government should not interfere. Blah, blah, blah. What the interpretation of that is simply put. Screw the poor! Their personal portfolio of oil stocks has doubled in the last eight years. Making money is more important than caring for a neighbor or someone you never will meet. The very poor do not exactly associate in the same circles with people making even $50,000 plus per year.

With home heating oil at record prices this winter, in his own way, Joe Kennedy and Citizen Energy rescue a people much in need. They are not contributing dollars to any political campaign but Joe hears their voices anyway. Home heating for the poor amongst us will never be on the Republican Party radar.

One thing that the Republican’s forget is that many of the soldiers that have died in Iraq and in the Republican lead War on Terror have left family behind here in New England if not in the rest of the country. What happens to them after the burial of their husband? They seek public assistance! They have no choice. That ranks them with the worst people of the political opinion of the Republican Party. And yet being Republican is manipulated to be pro military. That works as long as your are not killed in action.

After the pictures are taken with all of the political so called leaders paying their respects, the family still grieving is left at the door of the forgotten. Supporting the troops ends right after the photo Op when it comes to any Republican politician. What happens to the kids and wife left behind is not of any concern to them if the speech went well. Do not look for the answers over at the Republican Party. They believe that you must make your own way and be damned if your life is up ended just because your husband and father of so many children was killed in service to our nation. You must help yourself and not be a burden on the taxpayers of our nation. Get a fringing job you blood sucking pieces of trash. Insert chuck the bird to the Mom with one or two babies as they are also kicked off of the military base as a widow.

I don’t care how Joe Kennedy puts the oil in the poor people of this regions oil tanks, heat and warmth is a Godsend when you don’t have it. Many widows not just from this war but many others that were designed by so called great minds in Washington have been left behind and Joe Kennedy is the only one offering a warm home this winter. Sponsored by Citgo and Hugo Chavez is more relief than any of the Republican millionaires running for President are offering the people left behind and in the cold.

Thank you Joe Kennedy, and thank you Citizen Energy for doing all that you do for the forgotten people of America in the cold. You renew the forgotten faith in human kindness with every oil tank you fill. God bless you Joe Kennedy.

Papamoka

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Bite Me Big Oil!

For the first time in 32 years the Congress is actually doing something about the real energy crisis here at home in America. I’m not talking about supply and demand. I’m talking about the reality that our nation is ruled by OIL. All hail his Majesty the King paid for by a generous donation by Exxon Mobil, Texaco, Chevron and Shell etc, etc.
America has a demand problem and as the largest market user of all oil based products in the world there is a market to manipulate when the ones producing the product are netting mega billions a quarter. I’m funny that way, billions of dollars in profit’s a quarter, hmm do you think they are using that profit for the greater good? I don’t think so either. Trillions are to be made on the open market and when you have billions of dollars piling up quarter after quarter it posses a ledger problem that becomes an accountants nightmare. If it isn’t spent on “Research and Development” or other purposes investing in the corporation then those profits are taxable. Then again, maybe not given all the subsidies to the oil companies under W.

In a recent post here titled Saudi Arabia… Screw you Wall Street I talked about this very issue. Saudi Arabia has the ability to supply the market and the facts were revealed in the linked story that they can produce a barrel of oil for just $2! Supply is not the problem! Saudi Arabia is pissed that Wall Street is pointing the finger at them. Then again it’s a far stretch from $2 to the current market price of oil isn’t it? Who want’s to be the bad guy in this latest news buster, the guy in the white robes or the guy in the nice dark blue or black business suit? Frankly, it’s a toss up there but two guys in whatever form of dress mugging you is still a mugging.

American vengeance is a funny thing and when you as a President threaten our pockets with a veto on legislation that will only hurt the billions of profits of your base big oil supporters then we have a problem with King George once again. Two hundred and some odd years forward of the original American Revolution.

House Brushes Aside Veto Threat, Passes Energy Bill

By Jonathan Weisman and Steven Mufson
Washington Post Staff Writers
Thursday, December 6, 2007; 5:24 PM

The House today brushed aside a fresh White House veto threat and handily approved a sweeping energy bill that would raise automobile fuel efficiency standards for the first time in 32 years while mandating the generation of electricity from more renewable energy sources.

The 235-181 vote sends the measure to the Senate, where Republicans hope to strip it of tax hikes on the oil industry and renewable electricity mandates before a final version goes to President Bush. The White House objected strongly to the bill on multiple fronts, saying Bush's advisers have recommended a veto.

But with energy prices soaring, lawmakers from both parties expressed strong support for dramatic action, especially on auto efficiency standards that have not changed since the 1970s. House Majority Leader Steny Hoyer (D-Md.) called the package"nothing less than our nation's declaration of independence from foreign sources of energy."

Snippet and flick it…

The bill also includes appliance and light bulb standards that would effectively phase out the incandescent light bulbs invented by Thomas Edison by the middle of next decade.

To finance tax incentives for hybrid cars, ethanol production and renewable energy development, the bill includes $21 billion in revenue increases , including a rollback of $13.5 billion in tax breaks for the five largest oil companies. - Washington Post

King George and his cronies are looking at the death of big oil just decades down the road and they are having to change their shorts. Even though King George Bush has said over and over again that we need to raise the CAFÉ standards he must have done so with his fingers crossed behind his back. It is official with this up and coming veto that this President was never an American President. He has been nothing but a puppet of his friends and screwed his own people for the sake of a dollar. Not his personal dollars but he got to have a neat office that his Daddy had once, nice car, and all the benefits of being the Deciderer in Chief. Vacation benefits are huge too. Take the first seven years off and work the last one. He only has to work the last year because he by accident found the United States on a freaking map finally! He circled it with a crayola burnt umber if you were wondering.

I laugh at people that say that the price of oil is market driven. While two people at the gas pumps each spit on the pumps, one a Democrat, the other a Republican, one of them is right and the other is just pissed at the market. Both are making the same wage and both are spending more than they can afford just to put gas in the car to get to work. One voted for a Democrat that wanted change eight years ago and the other voted for a self proclaimed American King in disguise. Both have a son in uniform in Iraq. Both are on the edge of losing their homes. It does not matter what either one thinks anymore because we have all been sold out by the King.

Market forces in any field without control will rape all of the people without political recognition no matter what party you vote for in the middle and lower classes. There was a reason why the Democrats held control of both houses for so long. They never sold the middle and lower classes out as well as President Bush has done in two terms. They never trashed the Constitution and used it to wrap the days catch down at the lake because it was yesterdays news.

If maybe really but not for real elected twice President Bush, veto’s this energy bill and his veto is not overturned, then we will all know whom is voting for your future families energy needs. Look to the political Right side of the aisle to find the millionaires club that could care less about you as an individual person coming up with excuses why we still do not need a realistic energy policy. Then check out the largest contributors to their past campaigns and as always follow the damn money.

It all points back to the fact that the Republican servants in our American Congress will protect the money flow from big oil. It’s a huge amount of cash to swallow your pride. George Bush has proven the fact that his time in the White House is a precursor to a President in the steps of Franklin Delano Roosevelt. With so many lost under the footsteps of the Bush millionaires now running our nation it is inevitable that this will scenario must change come the next Presidency. It has too! That is why we all must vote.


Just keep repeating $2 to produce a barrel of oil! Voting Republican next election?

Papamoka

Cross posted at MichaelLinnJones.com and Bring IT ON!

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Oil Markets out of Control

Once more the nation is facing $3 gasoline and home heating oil over speculation and what some would think is market manipulation. While the market and its volatility are soaring out of control you can almost here the cash registers ringing non stop for all of the friends of President Bush. With his lack of action on behalf of the lower classes of America he is proving the point made by thousands of political writers like yours truly that he is a puppet President.

This man that claims to be a great listener is tone deaf when it comes to the people that can least afford the greatest inflationary market driven product in the world. Oil and the price of it effects practically every product made in the United States. From your vegetables getting from the fields in California to the local supermarket in New England, to anything made with plastics. Take a break, look around you computer desk or just around your living room. The wires insulated with PVC that burn the lamps that you read or watch television by are oil based. The cabinet to your television, the keyboard of your computer and most of the parts inside of it, stereo, DVD player, surround sound speakers, the sneakers on your feet, the bottled water container that you drink because it supposed to be good for you. Just for giggles make a list, when you get over one hundred items in your living room, move to the kitchen. Take a deep breath and get ready for writers cramp. All of them are oil based products in one form or another. Everything in our society is linked to oil and the higher the price goes it seems the wider the smirk on W gets.

Along comes the favored Democrat Senator from New York that is also running for W’s office. She calls out for the tapping of our nations Strategic Petroleum Reserve (SPR) to let the markets know that the situation is out of control and releasing millions of barrels onto the open market will impact prices by negating the rumor that there is a supply problem. By the way, there is no supply problem. There is a free for all market problem where investors and Wall Street are manipulating the price of oil to make yet another killing. Line up for the firing squad because you are the one facing the bullets from W’s buddies. Just empty your checking account and insert it at the nearest gas pump and you will not be harmed. You will be damned cold this winter but frost bite never killed anyone. I may be wrong on that last fact so don’t quote me. Over at Reuters they have this to say on what the political beat is on tapping the SPR…

Clinton urges Bush to tap oil reserves
Thu Nov 8, 2007 4:11pm EST

By Tom Doggett

WASHINGTON (Reuters) - Democratic presidential candidate Sen. Hillary Clinton called on the Bush administration to tap into the government's emergency crude oil and heating oil reserves to boost supplies and lower prices.

"I urge the President to release oil from the Strategic Petroleum Reserve and the Northeast Heating Oil Reserve to send a signal to the market and ease concerns about low crude oil stocks that are driving prices higher," Clinton said in a statement posted on Wednesday on her campaign Web site.

The price of U.S. crude oil hit a record $98.62 per barrel on Wednesday at the New York Mercantile Exchange and the average price consumers paid for home heating oil reached a record $3.11 per gallon this week, partly from concerns about tight petroleum supplies this winter.

Energy Department data also showed this week was the first time that the retail prices for heating oil, gasoline and diesel fuel all topped $3 per gallon at the same time.

The Bush administration has repeatedly said that the crude oil and heating oil reserves should only be used to offset major supply disruptions and not to manage energy prices. - Reuters

I’m thinking this is more of the same political crap shoot that both parties play but one side is looking out for the people that will set the thermostat this winter at 62 and hope the oil tank lasts ten or eleven days longer. The other side of the aisle is shoveling cash so fast into the bank that the blizzard of 78’ in New England looked like a flurry.

President Bush will never interfere with the oil industry because that is his background and his monetary base for being elected twice. If you asked yourself what was the greatest way to increase the price of oil seven years ago it would be total unrest in the Middle East. BINGO!

Personally, I’m not a fan of Hillary Clinton but if she is the only one asking the President to release the SPR then that is one form of leadership that those of us in the middle and lower classes are glad to hear. How much more are we to do without for Exxon Mobil, Shell and Chevron to rake in another multi billion dollar quarter of profits? If it gets her some votes for doing so, then it was a smart political move on her part. If you vote your wallet then you have to think twice this election because one party will be raping it and the other will be trying to stop the crime before it happens.

Thirty years from now when the records of what this President did to this nation on behalf of his friends in big oil will be revealed and President Warren G. Harding will no longer be known as the most corrupt President ever. Insert a W plaque at the hall of shame. Right next to him will be Marie Antoinette.

Papamoka

Cross posted at Bring IT ON!

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Traitor In The Energy Debate? Guilty; With An Explanation

Picture courtesy of www.drilshop.com & Google

This post is courtesy of my very good friend Michael Linn Jones. I highly recommend his site as a daily read. I personally can not thank him enough for letting me post it in its entirety here at Papamoka Straight Talk.

Traitor In The Energy Debate? Guilty; With An Explanation

Scott Tinker has some interesting opinions in the Houston Chronicle concerning Big Oil and conceptions therof. THE CHOICE: BIG OIL OR CHAVEZ? contains some of Tinker’s “myths” and “realities” of oil science and oil politics.

The American public is severely misinformed about energy. A few energy myths:

• American energy independence is possible.
• “Big Oil” companies control gasoline prices.
• “Big Oil” companies make obscene profits.
• We are running out of fossil energy (oil, natural gas and coal).
• There are renewable (clean) alternatives to oil, natural gas and coal available today.
• People will pay more for clean energy.
• The oil industry is a major polluter today.
• Energy efficiency and conservation can solve the problem.

Here are a few energy realities.

• Political spin has little basis in energy reality; talk about energy independence is misleading and naive. America is energy interdependent for the foreseeable future and policies should be made accordingly.
• The cost to transition the transportation infrastructure to nonliquid energies is in the trillions of dollars and will take many decades, even if we implemented a full-scale commitment today.
• Big Oil companies combined control less than 10 percent of the world’s conventional oil reserves. So “Big Oil” cannot control gasoline prices.
• U.S. political leaders beat up on Big Oil with unfounded rhetoric about obscene profits. Big Oil companies, even in the past few “obscene profit years” have typically made less than 10 percent profit annually, which is not very good relative to many other industries. A healthy industry does not exhibit the kind of layoffs and mergers that continue to characterize the U.S. petroleum industry.
• Oil, natural gas and coal provide 86 percent of global energy. Consumers must be prepared to pay for cleaner forms of fossil energy, such as electricity from gasified coal plants that are ready to sequester carbon dioxide emissions underground, and unconventional oil and gas reserves whose exploitation demands more expensive technology.
• Because of its massive pursuit of coal-based power, China must be a major part of any global strategies to reduce carbon emissions.

Now, I don’t subscribe to everything Mr. Tinker puts forth. Or more accurately, what he does NOT say. In a nutshell, Big Oil are too good at lying for their own good. Are they taking advantage of the situation to increase profits? Sure. Is it immoral? In a pure and simple world maybe. But that is not what we inherited, nor what we will leave our children.

Having said that, I must also confess to being wholly unconcerned about oil companies during the boom days of consumers. It IS bad that there have been so many mergers, and I believe competition is greatly stifled by them. On the other hand, when gasoline was flowing into my car at 80 or 90 cents a gallon I wasn’t complaining about how little oil companies were making.

Reading Tinker’s article I had a memory flash, no doubt induced by years of inhaling God knows how many varieties of pollutants. I think it was The Discovery Channel, doing one of its more un-Disneyesque broadcasts showing how life (and death) in Africa really is.

During the wet season there is a large body of water that is teeming with life and it is frequented by animals dependent upon it for sustenance. Then the dry season comes and there are large numbers of hippos and crocodiles jammed together like sardines in an ever-shrinking water hole. Baboons and wildebeasts are regular victims of the crocs as they brave danger to quench their thirst. The hippos bide their time, relieving their boredom occasionally by basically daring a croc to have a go at a young hippo.

Then the rains come again and all is well. Life thrives and the cycle is repeated. You would think the animals might figure out after several million cycles that there might be a better way of getting through the year.

Of course, they are not human. But WE are, and to be honest, since the early 70’s our petroleum lake has shrunk and expanded, in cycles that are not conducive to any form of steady planning of an economy. Let’s face it; we are at the mercy of oil supplies, and I must agree with Tinker somewhat in acknowledging the fact that Big Oil does NOT cartel the supply; nations do. They are NOT our friends, and never will be.

Now, like our African friends with brains the size of walnuts, we await the late Autumn each year….gasoline prices drop, oil prices drop, and all is well again. Then along comes Spring and Summer, and the vultures in the commodities markets prey upon ANYTHING that smells remotely like a quick profit. They are, in many ways, the crocs of the dwindling pond. Used to be it took a major hurricane in the Gulf of Mexico to drive the market up. Now, a Nigerian oil worker can have a fight with his wife and that is good for $5 a barrel.

We are spoiled in two ways: cheap and constant energy is a birthright. Along with that is the growing realization that hydrocarbons are not all that desirable from an environmental point of view. I am NOT speaking of global warming. I don’t need to. It is still scientifically debatable in my opinion. But, what I’ve seen with my own eyes is not.

Years ago someone who had a small plane took me up for some flying (terror rides I called them). Although in the middle of summer, the pilot explained that once we got above 5,000 feet or so we would escape most of the humidity in the atmosphere.

“Of course,” he said, ” we’ll also have to fly through the ’shit belt’.” Upon inquiry, he showed me. As I scanned the horizon there was this blanket; a brown layer that looks like a dirty stew. It is mostly the byproducts from all those vehicles pumping it out every day. We don’t see it because we’re not normally up there. I am neither a rocket scientist nor a meteorologist, but one doesn’t need to be to figure out that this brown blanket is not exactly good for everyone.

Whatever direction we take in the future it is going to be expensive. But, this is a time for a mixture of JFK’s asking us to ask what we can do for our country and Reagan’s eternal optimism of the American Spirit. As an incorrigible baby-boomer I can say with some firmness that there is little that is NOT possible if this nation…as a nation….puts its mind to it.

It is great political theater to demand that Big Oil be punished through taxation. Leave them be, or confine government action to redirecting their motives for investment.

There is a way to satisfy our energy needs for far into the future. If Big Oil becomes Big Energy, then so be it. As consumers we have eaten our cake and gotten it, too. We can still do so but the cake is going to be a bit more expensive.

In my next post I’ll attempt to expand this by delving into the real sleeper of the future of energy: fusion.

Michael Linn Jones

Washington is Full of Methane Related Gas

Picture Courtesy of NREL

While both sides of the isle claim to be trying to resolve our nation energy policy the only thing really getting done is… well, nothing. Over on the right they are pushing for more oil drilling and over on the left they are pushing for alternative energy sources. What we end up with is… well, nothing.

It’s almost as if they need Moe from the Three Stooges fame to show up on the floor of the House and Senate and do his slap routine. Line up the entire crew and get a running start Moe.

Over at the Washington Post they have this to say about our nations lack of leadership on America’s energy policy…

A Wind-Powered Town, an Energy Bill and a Lot of Hot Air

By Dana Milbank
Friday, June 15, 2007

There's a certain irony in Washington's failure to devise a modern energy policy. This is, after all, the one place on earth that is powered almost entirely by wind.
Lawmakers are growing further apart on energy legislation, as Democrats demand alternative fuels and Republicans insist on more drilling. But for both sides, the ability to talk about energy is both plentiful and renewable.

Snip-a-roo

Talk about a large carbon footprint. The amount of CO2 emitted from the mouths of all these lawmakers, lobbyists and activists was enough to cause part of Greenland to melt into the sea.

"This bill's going to have a tough time," said Sen. Larry Craig (R-Idaho), demonstrating his mastery of the obvious at one of yesterday's many news conferences. "My guess is there are many hours of lengthy debate ahead." That's a safe guess, given that the Senate plans for about eight days of debate on the bill -- and Republicans such as Craig are hinting at a filibuster that could derail the whole thing.

Snip-a-roo

"We do not believe in the president's theory, the Republicans' theory: Drill, drill, drill, more of the same," Harry Reid (D-Nev.), the Senate majority leader, taunted. "It reminds me of Iraq."

The senators displayed a chart contrasting two families: The energy-efficient "Baileys," who spend $1,600 a year less than the inefficient "Martins." "You notice it's not just any old chart," said Sen. Bob Casey (D-Pa.). "There are families mentioned on that chart."

His colleagues had forgotten to tell Casey that the Martins and the Baileys were fictitious. - Washington Post

Rather than griping and pissing and moaning how dead wrong the other side of the isle is why don’t they all just meet in the damn middle of this legislation and call it a damn day? If everyone insists on the Bush mentality of governing (My way or the highway) then we as a nation are stuck with an energy policy that favors using more of what we have less and less of.

Papamoka

How is Coal to Diesel Fuel Bad?

Picture courtesy of the DOE

Somebody slap me upside the head as I pump the $3.00 dollar a gallon gas courtesy of our so called good friends in the Middle East and so called market driven supply and demand into the tank of my car. Is it a bad thing that we might think of looking at another source of fuel for the American Go Go machines we call cars?

When the price of gasoline is over the price of bread then there is a serious problem with the market and Wall Street and the CEO’s will reap the benefits of market based thievery. Start the egg timer because the first Billion dollar CEO benefit is just over the horizon and that is not a joke to laugh about.

Where some folks see the market as pure capitalism others see the market taking the bread off of our families tables to fuel the car that would have bought the bread.

Senate Democrats Propose Loans for Coal-Based Fuel Plants

By EDMUND L. ANDREWS
Published: June 13, 2007

WASHINGTON, June 12 — As the Senate began debate Tuesday on a sprawling bill to reduce oil consumption, top Democrats were circulating a proposal to provide $10 billion in loans for plants that make diesel fuel from coal.

The proposal highlights the horse-trading involving powerful industry groups as Democratic leaders push for legislation that would require higher mileage in cars and a huge increase in the production of renewable fuels made from plants like switch grass.
But many environmental groups are flatly opposed. “We don’t think the federal government should be subsidizing liquid coal,” said Erich Pica of Friends of the Earth. “From a global warming and an environmental position, liquid coal is an unacceptable source of energy.”

The bill is being circulated by Senator Jeff Bingaman, Democrat of New Mexico, chairman of the Senate Energy Committee and the energy bill’s lead author. Until this week, Mr. Bingaman had opposed big subsidies for coal-based fuels, saying that each new production plant would cost billions of dollars and that the economic uncertainties posed risks for taxpayers.

But in what could be an effort to fend off demands from coal-state lawmakers for bigger subsidies, Mr. Bingaman’s draft proposal would offer up to $10 billion in direct government loans for coal-to-liquid plants. - New York Times

I’m going to set the record straight here and now. As long as there is a Presidency that is hi-jacked by big oil in this nation then the rape of the people at the pump will continue. At this point in time the record breaking profits by all of the oil companies is not letting the so called leader of the free world walk away from the table that they have bought and paid for.

What I find truly and think that is ironic is that any Republican wanting to be considered for re-election thinks that this idea of Coal to Diesel is wrong. If the President claimed that we are addicted to oil then what is the problem with converting one of our nations largest resources to get away from oil dependence?

America will only be free when we find the sources for our energy needs from multiple sources that never have a knife at our throats. That requirement calls for alternative sources and research to make it happen.

Our nation is making progress on our energy needs despite the negligence of a President in the good old boys club. Wind energy is exploding, solar energy is exploding and the newest and latest moves away from oil dependence are happening regardless of the good old boy club.

Papamoka

Cross posted at Bring It On!

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Is the Bush Conspiracy Proven at the Pump?

Given the fact that raising the minimum wage to a decent level could break the economy of America according to President Bush I think that the prices at the pump are going to pretty much bury the American people for the good graces of our President. I was talking to a good friend of mine this evening and he brought this comparison up.

When Exxon/Mobile posts a $30 Billion dollar profit for one three month span is that going to wake people up to know that our President is corrupt and sacrificing his people for his few oil Barron friends? What does it take to make the people wake up and know that the fix is in and Bush is sitting there in the Oval office chucking the bird at the American people because we know that he is an idiot? From where he sits it looks like we are all the idiots. From where his friends in the oil industry sit the sky is green with cash, yours, mine and anyone driving a car in America.

Over at the Boston Herald they have this to say about this issue…

Gas prices soar above $3 a gallon and toward $4 in some areas
By Associated Press
Tuesday, May 15, 2007
- Updated: 04:05 PM ESTNEW YORK -

For all their complaining as they pay $3 a gallon or more to fill up their cars, few American drivers have yet to reach the point of cutting back.

That’s the message from government statistics showing that demand for gasoline is only just starting to level off even as refinery outages and tight supplies have sent pump prices soaring by 43 percent since the end of January.

And brace yourself: experts say with gas already closing in on $4 a gallon in Chicago and San Francisco ahead of the peak summer driving season, higher prices could be in the cards.

"I drive 55 miles each way to work every day," said Sandy Colden, of Medford, N.J., one recent morning while loading groceries into her Honda Pilot SUV. "So I really don’t have a choice, unfortunately." – Boston Herald

President Bush and his crew of thieves are stealing from all Americans by punishing us for simply being Americans and not agreeing to his political ideology. That ideology is summed up with your seeing things his way or taking the highway. Pick an article in any paper and the corruption and boldness of the deception in his administration is printed every single day! What better way to put the knife to your people’s throat than at the good old gas pump?

What really boggles my mind is that he isn’t just screwing Democrats and Liberals over with his lack of concern for the cost of gasoline at the pump is the simple fact that he is screwing over all Americans regardless of political affiliation.

This man is not the President of America as much as he is the protector of big oil and turning the other way as they rape Americans on a daily basis. Democrat or Republican, Bush is pissed and we will pay through the nose till he is gone. Only till he leaves office will this situation be corrected and even then the Robber Barron’s of today will walk away with pockets full of cash. Your cash, my cash, our senior’s cash, our grocery money, our kids college money, our retirement money, our new born babies’ money for formula and the list goes on and on. How much have you as a person or as a family had to cut back to afford the raping at the pump courtesy of this administration? How much more are you willing to give up and still defend this man that dares to call himself the leader of the free world?

There are emails out there suggesting a boycott of certain gas stations and I for one participated today. Moving forward in my life I will never purchase gas from the gas stations listed in them and if you want a voice in this fight then you should do so as well. I’m boycotting Exxon Mobile for the rest of my life. If they are going to screw me over at the pump anyway with a guy or gal making minimum wage manning the pumps then I am telling you that we should tell them to screw! I’ll spend my fifty dollars to fill my tank at another gas station just down the street. I’m fed up and I am sure that you are too. Be proactive in your disgust and send the message to the corporations bending you over the barrel at the gas pump.

Moving on and according to the Bush mentality and political thought process, the minimum wage hike will kill the economy? Small businesses will collapse; death and destruction to mid sized companies will lend a hand at bringing on a recession. Think again! Mr. President, you and your lack of defending the people and the supper table at home are killing the American economy. Wake the hell up will you! You sir, and your friends in big oil have taken far too much away from my families supper table and we can not afford you or them anymore. This President should be shown the exit post haste.

Let the investigations begin and if Nancy Pelosi doesn’t have the guts to do it then she too should step aside. America is crying for help and all of Washington is looking the other way. Enough is enough! I can't afford politicians that look the other way while my family suffers for their ignorance of what the people at home need.

I'm asking my readers to boycott Exxon Mobil not for just me but for yourself. Send a loud and clear message from your own wallet!

Papamoka

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