Are Gas Companies Toying With Gas Prices to Help Get a Republican in the White House?
By Steven D | Sourced from Booman Tribune
Posted at February 23, 2012, 6:01 am
<..> We know that certain large, wealthy and influential business interests have an "interest" in not seeing President Obama re-elected, or at least keeping Democratic gains at a minimum, especially in the House of Representatives, for a number of reasons, despite the fact that the profitability of these businesses has performed very nicely over the past 3 years, thank you very much. Nevertheless, these profitable business interests would prefer a Republican in the White House.
These businesses also have the ability to effect the availability of gasoline and the price that you and I must pay for it, keeping supply low so prices will continue to rise. Higher gas prices means upset consumers, many of them who are also voters. Upset voters tend to blame the President in office and his party for the state of the economy.
<..> Do you wonder why the Neocons are being trotted out to hype a war with Iran even though Iran is not an imminent threat to any country in the world, including Israel? Do you winder why US refineries had record production of gasoline in November but most of that increase went to exports despite the demand in the US market? Would you be surprised to learn that Wall Street speculators have been driving the price of crude oil up?
<..> Gee, I wonder what happened to the invisible hand of the free market? Well to be honest, I don;t really wonder about that at all. You see, we've seen these types of "games" before in election years. For example, wasn't it funny how in both 2004 and 2006 oil prices declined significantly in the run-up to the November elections at a time when lower prices would presumably benefit Republican incumbents.
Last week the GOP lied about contraception. This week they're lying about gas. Next week.....taking bets on what it'll be?