Tuesday, May 29, 2007

WHY IS GAS SO EXPENSIVE?


According to the media, gas is now so expensive because the oil companies are changing, updating and modifying their refineries. They are converting into ethanol or into lima beans, or any other stupidity that they are trying to stick to us via television or printed news. Also because due to this conversion, the production is low, thus the offer is lower than what the market demands. It is a well known fact that when consumption is larger than production, prices go up. The basic idea and only truth is that all these big companies must make the same or higher profits than the previous year. THAT IS REALLY THE REASON FOR GAS PRICES TO BE SO HIGH. If Exxon-Mobil made 40 billion dollars last year, why should they make less this one? After all, the shareholders demand profits and the CEO of the company needs to buy another mansion or a new airplane. We, the stupid consumer, must pay for all those luxuries. In addition to that, at the end of the year we go to the magazine stand and purchase FORBES 500 to check who are the top 10 or 50, or 100 companies according to sales and profits. We are real masochists.

There is no point for me to prolong this commentary, with unnecessary data. You can obtain that via Google. Just enter "'OIL COMPANIES PROFITS", or anything else similar to that and you will scream of anger and disgust. My point here is not only to express my rage towards these greedy companies, but also to expose the television networks and most newspapers and magazines, that give us the news, fully massaged and distorted by these companies and commented by those so called economy experts. The "society of sheep" buys anything and everything they are told. They even find consolation when someone in the TV News, with a tremendous sense of relief, says: "If you think we have it bad here, look at Europe. Over there a gallon of gas is $7.00!
What they forget to mention is that in Europe the cars are mainly stick shift, smaller, with an average performance of 50 miles per gallon, and only used by most drivers on weekends, because public transportation is abundant, and it would be unthinkable to work more than 10 miles away from home. So to those reporters who make comparisons I suggest they do their research in detail before they open their mouths with appeasing comments.

The same way that Cindy Sheehan gave up on her quest to fight against the war in Iraq, because she realized she was alone on that fight when even the democrats in the Senate let her down, that same way, we have to give up on the gas issue. We will pay whatever those oil tycoons want because we don't have a system in this country that protects the consumer. We are at the bottom of the pyramid. Fortunately for the majority of the people, life is rosy and the mentality is so narrow that everything is accepted as long as we live in "The Greatest Country In The World".

6 comments:

wetherbee said...

The best way to overcome the high price of gas is to "buy stock" in the same companys that sell you the gas in the first place.

DGA said...

You've got a point there! Unfortunately to buy stock you need money, small detail. But definitely a good counter-attack. Screw those who cannot buy stock!

Machine. said...

Gasoline is expensive because we all need it. This government knows it. We are screwed! It's like the relationship between a drug pusher and a drug user. We can't say no.

YOU: "Gimme Gas"
USA: "Gimme Money"
YOU: "But it's too damn expensive"
USA: "Tough Shit"
YOU: "But my children wont eat tonight"
USA: "Tough Shit"

Just once in my feeble life, I would like to see this UNITED STATES OF AMERICA GOVERNMENT actually DO SOMETHING POSITIVE.

But I guess it is too much to ask from the current, TOTALLY INEPT, administration.

Unknown said...

If you'd like to find answers and not just whine I have some ideas. If you don't understand the terms, supply, demand, monopoly, and Sierra Club, learn those terms first. Then, you'll see that while the demand increases the supply is regulated by, limiting the number of new and competitive refineries (that's why the big 4 oil companies keep expanding but no new players are let in thanks to enviro-lobyists/congress). Hence the monopoly. Supply is limited by that same group. Ask any card carrying save the planet liberal who cares for the common man if they thing $10 gas is a bad thing. Then, you'll know why that's where you'll be in 3 yrs. Because when their done blaming oil companies, in their heart of hearts they know $10 gas will mean Americans will pollute less. So, at this point, everything is going to plan for them.

Unknown said...

Correction: (Supply) in the form of new drilling is controlled by the same group (enviro-lobyists like the Sierra Club and the members of congress they control), meaning more dependence on foreign oil.

GigaNinja said...

Who cares how much Oil Company Executives get paid? These same 'evil' Executives were buying mansions and privates jets when gas was .99 a gallon. The bottom line is I want to pay less for gas and even if these Exec's took an 80% pay cut it wouldn't make a dent in what we current pay for gas.