The Truth About Gas Prices

Have you noticed? The last few weeks we’ve seen a little something happening with the gas prices. They’ve gone up! Uh oh. Here it comes! Brace yourself! Any minute now the mainstream media will be storming to the airwaves to blame the evil rich oil companies for their record profits and their price gouging. Wait for it…wait for it…

Hey, what happened? There are no stories about record high profits or price gouging. That doesn’t make sense at all. For the past six years, every time there was a slight shift in the price of gasoline, all we ever heard from the media is how evil the oil companies are. And, now? Nothing.

Why the change? Bush is still the President. He’s still in charge of the grand conspiracy to take over the world, torture and murder his detractors, and give away huge windfall profits to his other rich oil tycoon buddies. And, he can do this all with his Republican cronies who control the Congr………Oh………..I see.

The Republicans don’t have control over the Congress anymore. The Democrats do. Trying to demagogue the oil companies and the evil rich congressmen who line their pockets would only serve to make the Democrats look bad. And, the mainstream media would never do a thing like that (bias?). So, you are not likely to see any stories coming out the media about oil profits. Instead, they will finally look at the reality of the situation. Supply and Demand.

And, the first up to bat is MSNBC. They ran a story on Sunday about gas prices in Oregon. How did they explain the dramatic rise in prices?

When refineries switching from making winter-grade fuels to cleaner-burning summer-grade gas, things get more expensive because summer gas costs more to make.

And, yesterday, MSNBC ran a story about gas prices in California. Certainly, they would blame the gouging oil profits this time.

A spokesman for the oil industry and a state energy official blamed the spike on a combination of factors: higher oil prices, two major refinery fires, and the disruption from refiners converting from one state-mandated blend of gasoline to another.

Wait…what? It’s not that oil companies are gouging us? It’s the productivity and efficiency of the refineries? Both articles refer to the switch from one blend of gasoline to another. Exactly who came up with these different blends? It had to have been the oil companies. They would develop any excuse to get a few more dollars out of us.

Think again. You can thank your local environmentalist for this little gem. Environmental groups have lobbied the Federal Government for years to require oil companies to manufacture different blends of gasoline to cut down on smog.

Maybe, this is a good thing. After all, we’re cutting down on atmospheric pollution. But, the fact remains, it costs money. It is not the fault of the “evil oil companies” or “Bush’s cronies.” They are abiding by the mandates that the environmentalists have lobbied for. Who can you thank for $3.00/gallon gasoline? I think you know who.

Still, there are many out there who believe that the Government should have the power to steal profits from oil companies. Enter Hillary Clinton:

“The other day the oil companies reported the highest profits in the history of the world. I want to TAKE those profits and I want to put them into a strategic energy fund that will begin to find alternative smart energy, alternatives and technologies that will begin to actually move us toward the direction of independence!”

Yes, she really said this. Her socialist mind believes that those profits belong to the Federal Government.

But, why do the oil companies make such high profits? What do they do with them? I’m glad you asked:

Exxon Mobil plans 20 new global projects
Investments expected to grow oil giant’s daily oil production level

This is the headline from another MSNBC story. It tells of new projects that Exxon is embarking on to improve their supply and productivity. What happens when supply catches up with demand? Prices go…….DOWN!

So, they are spending those “record profits” trying to improve their business and provide cheaper fuels. What evil people! Of course, if Hillary got her way, oil companies wouldn’t be allowed to embark on such business ventures. They couldn’t afford to.

Are you starting to see the big picture?


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