| You gotta be kidding me! Unless America wakes | | | | together to set crude prices, but the White House |
| up and makes some massive changes ASAP, we'll | | | | threatened to veto the measure. The bill would |
| see quadruple a gallon gasoline- that's $10+ per | | | | subject OPEC oil producers, including Saudi Arabia, |
| gallon. We refuse to turn our AC units up in the | | | | Iran and Venezuela, to the same antitrust laws |
| summer, we refuse to buy smaller cars, we | | | | that U.S. companies must follow. |
| refuse to build more refineries, and we refuse | | | | Is it possible to elect someone to Congress that |
| drilling off the coasts and in Alaska. As long as we | | | | has a brain and really wants to work for the |
| stand pat on those issues and others, gasoline | | | | people and do something constructive. Quit |
| prices are going to RISE- and FAST! | | | | blaming others. Look in the American mirror. |
| And you thought $10 was high? | | | | We're the fat cats, the massive consumers, the |
| Robert Hirsch, Management Information Services | | | | non-producers, the excessive eaters of energy. |
| Senior Energy Advisor, gave a dire warning about | | | | Don't blame everyone else. |
| the potential future of gas prices on CNBC’s | | | | "This bill guarantees that oil prices will reflect |
| May 20 “Squawk Box”. He said there was | | | | supply and demand economic rules, instead of |
| no single thing that would solve the problem, due | | | | wildly speculative and perhaps illegal activities," said |
| to the enormity of the problem. And quoting him | | | | Democratic Rep. Steve Kagen of Wisconsin, who |
| specifically, "The prices that we’re paying at | | | | sponsored the legislation. Get real Steve! |
| the pump today are, I think, going to be the good | | | | And don't keep talking about a lame gas tax |
| old days, because others who watch this very | | | | holiday for the summer that'll save me $30! |
| closely forecast that we’re going to be hitting | | | | Wall Street tanked for the second straight session |
| $12 to $15 per gallon.” | | | | Wednesday as record-high oil prices and a bleak |
| Hirsch told the Business & Media Institute the | | | | economic assessment from the Federal Reserve |
| $12-$15 a gallon wasn’t his prediction, but that | | | | deepened investors' worry that Americans may |
| he was citing Charles T. Maxwell, described as the | | | | face several more months of rising costs and a |
| “Dean of Oil Analysts” and the senior | | | | shaky employment picture. The Dow Jones |
| energy analyst at Weeden & Co. Still, Hirsch | | | | industrial average fell 227 points, logging its widest |
| admitted the high price was inevitable in his view. | | | | two-day loss since late February. |
| Is that sobering enough to do something | | | | Early in the day, stocks began falling on the |
| different? | | | | surging price of oil, which shot up more than $4 |
| Worst of all, we're FINANCING all of our enemies. | | | | and breached $134 a barrel for the first time on |
| Chavez is just smiling ear to ear. Ahmadinejad | | | | the futures market Wednesday. $200 a barrel oil |
| loves it. And so on. Let's makes TRILLIONAIRES | | | | is on the way unless we change things and do it |
| out of all of our enemies. Meanhile, back at the | | | | fast. But wait, there is one other option. The high |
| ranch (Congress), the House of Representatives | | | | price of oil could drive the world into a |
| overwhelmingly approved legislation on Tuesday | | | | DEPRESSION and then we could get back to $50 |
| allowing the Justice Department to sue OPEC | | | | a barrel. |
| members for limiting oil supplies and working | | | | Anyone up for a DEPRESSION? |