Monday, July 26, 2010

Why is US and the other countries in the world unable to cope up with the crude oil price rise?

IT'S A MONOPOLY and a world conspiracy. It started with President Bush, the Iraq war, and OPEC! Bush invaded Iraq to keep the currency in US dollars. Sudam was going to change the currency to Euros which would have cost US Oil companies hundreds of millions. After the war began, Bush, Cheney, and many others conspired with the US oil companies to raise the price of gas as oil would reach $100 a barrel. OPEC did their part to cut supplies and make regular forecasts to keep raising the prices of oil. But after summer spikes, one Congressman said in the media that price grouching laws might be broken. Gas price three summers ago stopped immediately going up. Now last summer the same thing was happening, and due to all the complaints to the state Attorney generals were sending to Washington regarding price gouging. Again gas price which had reached $3.50 came back down below $3. In their final and most victorious attempt to fix prices, oil corporations sent traders to Wall Street last year to start driving up prices on the oil being traded. That's when INSIDER trading started going on. Oil companies have SO much money, that they can manipulate ANY market. Don't kid yourself. All they had to do was start saying BUY BUY BUY! They have been manipulating the market ever since, first with domestic, than foreign traders coming into the market. There is so much money being mad, everyone is getting in on the action (all at the expense of the American people). You are going to see this BUYING frenzy continue. Originally the goal was to make oil $100 a barrel. That was their plan years ago when oil was $40 a barrel... Now that is nothing! You will see oil break records every week on its way to $200 a barrel. Gas will go up to $5-$6 a gallon maybe even before the new president is elected. There is such a buying frenzy going on, nothing can stop it now. They have the set the wheels in motion, manipulating the market, weakening the US dollar, and OPEC's forecasts in the favor of course of higher and higher prices. Everyone is working as a team now in the oil scheme. Because of Bush and the US, the entire world is paying the high price of oil. It's the USA's fault because of the greedy oil companies and the politicians and officials they have in their pockets. Everyone is involved, Congressman, Senators, etc. Even the media is involved with their daily forecasts of why oil is setting new records (weakened dollar, supply concerns, rising tensions in a certain area, attack near a pipeline, etc). Newspapers are fed this crap everyday. Its propaganda, all an excuse to continue this GLOBAL rip off and price gouging of a commodity that people use every day. Plan to dig deeper in your pockets to pay for your gasoline!

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