Wednesday, September 06, 2006

Oil Prices Fall on Ample Supplies???

Some would shout conspiracy when they see that the price of gas falling this close to the election, but I would shout that Exxon, Shell, Chevron, BP, and Citgo are still price gauging the American worker and causing unnecessary inflation of goods across the board. Gas prices have to be the number one reason that Americans paychecks do not go as far as they used to.

I have watched gas prices here in Santa Fe fall from their highs of $3.19 to $2.98.
But if you look at Exxon’s profits before the war in Iraq began to the numbers they have posted since it screams of price gauging and war profiteering by Bush's friends. First quarter 2002 profits for Exxon were 2 billion and some change. Exxon’s first quarter 2003 profits, after the invasion, were 7 Billion, and up to 9 billion in the 3rd quarter 2005. It is amazing how their profits go up as the price of gas goes up. One would logically think that if they were not gauging us that their profits would be relatively stable as the price of gas goes up, if their rhetoric about increase cost were true.

As we all know since Bush and his oil company friends took office the price of gas has gone up with their profits. This has happened mainly because of Bush's choice to launch his illegal war and occupation of Iraq, to scare up domestic oil prices and the price of gas. In doing this Bush has now started a civil war in Iraq and has positioned our troops in the middle of this no win situation all for the sake of profit.

I am not naive enough to think that us leaving Iraq would lower gas prices, but our troops have no business in the middle of an Iraqi civil war. Our troops need to be redeployed until the Iraqi government is willing to crack down on Shiite death squads. We can not stop this country's civil war without the ability to attack Shiites, which the Shiite government is unwilling to grant. Is civil war in America's best interest? NO, but Bush's choices have created the power vacuum and the Shiite/Sunni hatred of each other must be somehow alleviated before they can coexist. The Iraqis must realize that country must come before religious beliefs, but I fear that this will never happen. As our own country makes more and more decisions based on religious choices rather than the countries well being, other countries (especially with radicals holding positions of power) are doing the same.

As Bush has stated already it will be up to a future President to bring our troops home. This is partially because he does not know how to and keep his friends profits at their record highs, and also because he does not have the ability to admit faulty or bad decisions were ever made on his watch

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