Certainly you have read the headlines among them "Big Oil Companies Post Huge Profits..." Huffington Post 07.29.11. "The sputtering economy, high unemployment taking huge toll on average Americans." This while Big Oil is posting record profits with Exxon clocking $10.7 billion 41 percent more than last year, Shell doubling its profits to $7 billion year over year, Chevron $7.7 billion, and on. The rape of the American consumer goes on unabated. Isn't it time our government finally said "enough is enough". This must stop and we will take forceful action to make it happen.
There are presently ample supplies of oil and gasoline. Yet, that being said, there is a massive shortage of candor and transparency in the pricing of these commodities permitting the oil-ogopoly to price these products practically at will through outright manipulation (OPEC) and through the speculation driven and casino directed trading on the commodity exchanges. The wealth and political power of the oil-ogoply has permitted these distortions to exist for years while we pay, pay, pay as our economy goes down the drain. It is time we insisted that our government exercise leadership and take action to bring this malign distortion back into line. (please see "The Billion Dollar Day Extortion: A Somnolent Administration and Dysfunctional Congress' Gift to the American People" 02.22.10).
In a situation somewhat analogous to which we find ourselves, the Japanese have willingly assumed a shared sense of purpose by rationing electricity since the nuclear disaster at he Fukushima Daiichi plant that has left only 17 of Japan's 54 reactors in operation ("Japanese, in Shortage, Willingly Ration Watts" NYTimes 07.28.11). Preliminary figures have shown that the originally mandated consumption figures have not only been met but exceeded. This in a nation that already had been consuming half as much energy per capita as the United States according to studies made by the United Nations Population Fund.
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