The Arabs say thank you

It's Monday and oil is rising. The body of this blog was written by one of my readers. I am pasting this because it's basically what the Arab oil producers think.



JW'r



The OPEC minister may look you in the eye and say, “We are at war with you infidels and have been since the embargo in the 1970s. You are so arrogant you haven’t even recognized it. You have more missiles, bombs, and technology; so we are fighting with the best weapon we have and extracting on a net basis about $700 billion/year out of your economy. We will destroy you! Death to the infidels!


While I am here I would like to thank you for the following:

Not developing your 250-300 year supply of oil shale and tar sands. we know if you did this, it would create thousands of jobs for U.S. citizens, expand your engineering capabilities, and keep the wealth in the U.S. instead of sending it to us to finance our war against you infidels.

Thanks for limiting Defense Department purchases of oil sands from your neighbors to the north. We love it when you confuse your allies.

Thanks for over regulating every segment of your economy and thus delaying, by decades, the development of alternate fuel technologies.

Thanks for limiting drilling off your coasts, in Alaska, and anywhere there is an insect, bird, fish, or plant that might be inconvenienced. Better that your people suffer. Glad to see our lobbying efforts have been so effective.

Corn based Ethanol. Praise Allah for this sham program! Perhaps you will destroy yourself from the inside with these types of policies. This is a gift from Allah, praise his name! We never would have thought of this one!

This is better than when you pay your farmers NOT TO GROW FOOD. Have them use more energy to create less energy, and simultaneously drive up food prices.
Thank you U.S. Congress!

And finally, we appreciate you letting us fleece you without end. You will be glad to know we have been accumulating shares in your banks, real estate, and publicly held companies.

We also finance a good portion of your debt and now manipulate your markets, currency, and economies for our benefit.

THANK YOU AMERICA !

Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved

All locked up?

Why are we the only nation on earth that locks up its energy resources so its population can’t use them?

Also, have you noticed how the global warming crowd have crawled out from under their rock and are spewing the end is near stuff?

The OPEC president has stated that oil prices “will not come down”. OPEC has already done what it can. This was reported at the EU energy meeting on Brussels.

Why are we letting other interests deal out what they consider fair prices and limits on all types of energy? OPEC is having a good laugh at our expense. Smarten up all you sheep, time is marching on. The end of June is only a few days away, and the summer has only two months before fall will arrive. What are you waiting for? Put our legislators on the spot. Letters, e mails, telephone calls. Push them to get going. The hell with the election, get our energy areas explored and developed. Yes I know it won’t happen over night, but taking that first step, is one step closer to our own energy independence.
A side note; this should have occurred over ten years ago.

The global warming gang is on the march, another facet of the “chicken little crowd”. Are they going to pay for your energy needs? Check out what they are really about. They aren’t there to help you, only if they consider you as part of their norm and mores.

My final comment is; the reasoning of locking up our energy resources is for future generations (our kids, and grand kids) is a bunch of bull. We should be handing them a new or improved energy sources while we use what is at hand for our generation. As technology improves better sources will be there for future generations, not withholding what is needed to keep a quality of life for this generation.

JW’r

I just had to come back with these posts from the Saudi Arabian Oil Summit



http://www.washingtonpost.com/wp-dyn/content/article/2008/06/21/AR2008062101470_Comments.html



JW'r

There has been a lot of verbiage latterly from all the powers to be, but its all verbiage. Notice that? The news media is giving the fuel issue coverage, but the talking heads aren’t going to really demand anything of our government to get off their fat asses and do something about it. The government isn’t taking the situation to task and stop the merry go round. Start task teams and set in motion unlocking the natural resources that are within our reach. Oil, gas, nuclear, and coal are there to be utilized.

I might address the ethanol issue. Stop converting a food source into a gas additive. Corn is to be consumed by people. With the flooding in the middle of this country and the loss of crops, what the hell are we doing putting our corn supplies into ethanol for gasoline? A basic food source for a gas additive, go figure? Well your can’t fix stupid! Legislators you screwed up. Admit your mistake and back out of this misguided step. Remember what you did in the seventies?

I am attaching a headline from a money article just put on the net, do you want to continue to be subjected to foreign influences. The likes of Iran, Venezuela, OPEC, etc.

Oh, lets us not forget the “chicken little crowd”, the commodities market, they just keep bidding up oil and natural resources on things that haven’t happened. We are trying to thrive in chaos? Don’t get me wrong, I believe in the capitalist system, but this bunch is always betting again us.


http://articles.moneycentral.msn.com/Investing/Dispatch/080620markets.aspx





JW'r

Here-And-Now

Dan Henninger from the Wall Street Journal writes about an important topic rarely discussed in the mainstream. Here's an excerpt:

"When Sen. McCain said he wanted to open drilling on the Outer Continental Shelf, he was talking about the here-and-now of $135 oil and $4 gasoline. When Sen. Obama in his own energy speech spoke of spending $150 billion over 10 years to create five million new 'green energy jobs,' he was talking about the out-there.

When House and Senate Democrats last week said their 'climate change' bill would collect $6.7 trillion from polluters over 40 years to save the planet, this too was public policy about the out-there."

Full Article

I am forced to write this commentary because “we ain’t going to take it”.

What am I talking about, the cost of fuel that’s what. I know, we are all aware of the cost, so what are we going to do about it?

There isn’t any help from our legislators, no help from the oil companies, and definitely no help from the Arab oil producers. We have put ourselves into a pretty big hole. The environmental gang has stopped us from exploring and producing what is ours here in the USA. Big oil has the biggest profits to date and isn’t pushing congress to open up exploration. But why should they, we all know where there is oil, in Alaska, in the gulf, in Montana, in the Rockies. Want me to go on. How about three thousand years of coal here in the US, or nuclear energy.

The Europeans are converting to nuclear power. France and Germany are the leaders in the conversion. I believe France is about 95% energy independent and Germany is at the 65% mark. So, where are we, no new nuclear generating plants?

Why? You want to have a safe energy source its right in your face. This would add oil back into the supply chain. What about coal? Three thousand years of the stuff.

Coal technology has advanced to where are the plumes of smoke? Not there any longer.
Again, more oil back in the system.

Of course we all know this, but here we sit or stand, “sheep to the slaughter”, looking at one another, anguishing at the costs. Talk is cheap; it’s time to take control of our lives. In our past, it was said; “we the people, by the people”, not legislators who have their own self interests, afraid to stand up for right. As a side note, I would rather be a dam good politician for one term, than a self serving cow milking “we the people” to stay in office. All of us can make a difference, by conserving that’s for sure. But that isn’t going to bring costs for fuel within an area that “we the people” can manage and able to deal with the rest of life’s challenges. Those of us who are on fixed incomes know that higher costs for fuel are resonating with higher costs with everything in life.

What I am purposing is an action that will send a very strong message to the oil companies, legislators in both houses, the president, and OPEC.

Stop buying fuel from Exxon/Mobil, and ConocoPhillips for starters. I do mean stop! No one day stoppage, I consider one month to a year. Whatever it takes to get the big oil’s attention. Also, those of us who have credit cards with these companies, let's all cut them up and put them in an empty oil drum or drums and send it back to their corporate headquarters. Now there is a message they will understand and that of their stock holders. I will gladly be the first to cut up my card. Instead of the “Boston Tea Party” let's rename it the “Boston Gas Party” instead of tea, let it be gas credit cards.

By the way, what are retirement organizations doing to prompt help for our older population? Why aren’t they screaming at the top of their lungs?

In conclusion, we will get through this. Do not let the warmer weather let this slip by. Next fall you maybe choosing whether to eat or stay warm, or even worse. Your choice my friends. As for me, “I ain’t going to take it”. Remember “We the people by the people”

JW'r