Time Marches On

It’s been awhile since my last entry. Got lots to say, so where to start?

As I have been saying in past posting, where and when will the government, press and big oil start seeing how serious things are getting? I have a file full of information that needs to be seen and acted on, not just talked about.

At this writing the president has lifted the off shore band on drilling, but Congress needs to got off their butts and give their approval.

In the mean time;
Oil here in the north east is a t 4.75 per gallon. Just think about this fall and winter, a minimum of 475 for a hundred gallons of fuel oil that will last about twelve to fourteen days. For the sake of argument that’s about 1000.00 a month to stay warm.

The hell with the Arabs lets look at that bunch of elitist in Congress and Senate. That ineffective bunch of bastards we put in office. They wouldn’t know what the right thing to do if you slapped them in the face with a direction, let alone a solution. As I have stated in the past, I would rather be a great politician for one term and do the peoples work for all, than out there spewing BS to keep my job. They are concerned about their Summer Break than getting things going for this country.

Then we have the commodities market bunch, known as the “greedy bastard bunch”, or as I call them the “Chicken Little Group” (the sky is falling). They hang on to oil disruptions threats and cause the price of oil to go up on rumors that seem to never come about. There are other markets affected by these oil speculating bastards, food prices for one. Look at corn, soybean, just to name a couple. Hey, how about the ethanol in your gas tanks. Ever wonder what it takes to make that stuff? When you can’t afford to buy your “Corn Flakes” drink some gas. You legislators, you got us into this, stand up and kill the ethanol monster you created.

And let us not forget “Big Oil”, I think my attachment tell that story.

Big Oil spends on search, splurges on investors
Focus on stock, dividends reaps more immediate rewards than exploration
In the second quarter of 2008, ConocoPhillips, led by CEO Jim Mulva, spent $275 million before taxes on exploration for new oil reserves and $2.5 billion buying back shares of its stock.
View related photos
var hasRelatedPhotos = 'false';if (hasRelatedPhotos=='true'){var vRPL = document.getElementById("viewRelatedPhotosLink");if (vRPL!=undefined) vRPL.style.display = "";var vLRPG = document.getElementById("linkRelatedPhotos");var vLIRPG = document.getElementById("linkImgRelatedPhotos");if (vLRPG) {if(vLIRPG) vLIRPG.href=vLRPG.href;}}


Pat Sullivan / AP file


LIVE QUOTE


NAME
LAST
CHANGE

% CHANGE
Exxon Mobil Corp
82.98
+1.44
+1.77%
ConocoPhillips
85.86
+1.95
+2.32%
Chevron Ord Shs
86.91
+0.86
+1.00%

QUOTE LOOKUP
Enter Company Symbol
• Lookup symbol

Top of Form
Bottom of Form


Data: MSN Money and IDC Comstock delayed 20 min.


Until the next time.

JW’r