Initech (1000+ posts) Sat Feb-12-11 01:44 PM
Original message
I am getting a serious suspicion that we're being played for chumps.
Don't get me wrong, I'm totally happy that the people of Egypt were able to rise up and kick that billionaire asshole to the curb, but that doesn't mean that we shouldn't lose focus on who the real enemy is. I'm of course talking about this:
Oil Prices: Egypt's Crisis Could Hurt Europe First
Oil tanker in Suez Canal
Some crude oil prices brushed $100 a barrel Monday as fears escalated that the violence in Egypt would spread to other parts of the oil-producing Middle East. But so far, no reports have surfaced that the disturbances in Egypt have disrupted oil deliveries.
Brent crude oil surged to $99.97 a barrel on London's ICE futures exchange, up about 5% since the beginning of last week, when violence spread from Tunisia to Egypt. In U.S. trading, West Texas Intermediate shot up 1.7% on Monday, but was still somewhat cheaper than Brent crude, its European counterpart.
Julius Walker, a senior analyst at the International Energy Agency in Paris, says the organization has received no reports that oil shipments were being delayed, but the website of the agency that runs the Suez Canal has been shut down by the ban on Internet use in Egypt, so a precise reading isn't available.
http://www.dailyfinance.com/story/investing/oil-prices-... /
And this:
Koch brothers now at heart of GOP power
The billionaire brothers' influence is most visible in the makeup of the House Energy and Commerce Committee, where members have vowed to undo restrictions on greenhouse gases.
Reporting from Washington — The billionaire brothers David and Charles Koch no longer sit outside Washington's political establishment, isolated by their uncompromising conservatism. Instead, they are now at the center of Republican power, a change most evident in the new makeup of the House Energy and Commerce Committee.
Wichita-based Koch Industries and its employees formed the largest single oil and gas donor to members of the panel, ahead of giants like Exxon Mobil, contributing $279,500 to 22 of the committee's 31 Republicans, and $32,000 to five Democrats.
http://articles.latimes.com/2011/feb/06/nation/la-na-ko...
Remember, while we're fighting with each other over stupid partisan political nonsense, the real criminals of this country are getting away with it. We must stop it.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x403642Initech (1000+ posts) Sat Feb-12-11 04:00 PM
Response to Reply #5
13. But it really makes me wonder if this whole thing was planned so they could profit big time.
dipsydoodle (1000+ posts) Sat Feb-12-11 01:48 PM
Response to Original message
3. Use your own oil
it won't affect you then.
That's a good idea. Oh wait, Demonrats won't let us.
Vinca (1000+ posts) Sat Feb-12-11 02:08 PM
Response to Original message
7. It's the Wall Street casino at work. Let's hear it for reform!
But yes, we are definitely chumps. We've given lip service to energy independence since the Carter years and here we are with gasoline at $3.15 a gallon or more once again. You know what that means? Time to pimp the electric cars for a few weeks.
Initech (1000+ posts) Sat Feb-12-11 03:59 PM
Response to Reply #7
11. An unstable economy is a bigger threat to America than anything Al Qaeda could ever dream of.
Yeah it is way past time to pimp electric vehicles. I'd go for the Volt, but with as much as I drive, a plug in hybrid wouldn't be practical. I'm personally thinking of going for either a Hyundai Sonata hybrid or a Ford Fusion hybrid.
Odin2005 (1000+ posts) Sat Feb-12-11 02:30 PM
Response to Original message
8. Hang the corporatists, expropriate their wealth.
More peace and love from the DUmp.
cutlassmama (1000+ posts) Sat Feb-12-11 02:32 PM
Response to Original message
9. K&R and the sheep blindly follow
The ones that don't get banned from the Skin's Island.
Exilednight (1000+ posts) Sat Feb-12-11 04:07 PM
Response to Original message
15. If oil were priced according to true economic principles, we would all be broke.
The fact is, the government is playing stupid after being told that we had reached peak oil years ago. India, China and US are depleting oil at expanding rates, and we just learned that there are 300 billion barrels less in Saudi Arabia than we previously believed.
Welcome to the 21st century.
Wait, what? Are you saying the oil companies should charge more and make more profits while they still have a product to sell?
roamer65 (1000+ posts) Sat Feb-12-11 05:18 PM
Response to Original message
17. All roads of this revolution will eventually lead to Riyadh.
Edited on Sat Feb-12-11 05:19 PM by roamer65
Saudi Arabia will be last, but the House of Saud's days are numbered.
At that point, let the nukes fall where they may.
Initech (1000+ posts) Sat Feb-12-11 06:07 PM
Response to Reply #17
19. Letting them off the hook for 9/11 was the biggest mistake we ever made.
And away we go...........................
