Minutemen Patriots > BLOG > News > Cheap Gas Not So Sweet (Crude)
Cheap Gas Not So Sweet (Crude)
Patriots I can just bet that you are as happy as a pig in a mud puddle about the price of gas at present. Right now the price of a barrel of oil is about 40 dollars. That translates into about 2 dollars or less per gallon. Yeah, Happy Days Are Here Again! I hate to burst your bubble but this is going to be short lived. Obama our illustrious leader isn’t the reason for the drop in oil prices, he does everything in his power to put regulations and disrupt our domestic oil supply as well as vetoing the Keystone pipeline. In fact nothing would please him more than gas prices to be around 8-10 dollars a gallon. Obama has stated such a fact in several of his speeches. So if Obama is not causing prices to come down, what is happening?
Well Patriots let me explain, OPEC (Organization of Petroleum Exporting Countries) specifically are conspiring to drive the price of oil right through the floorboards. Not only OPEC, who has been threatened by surging output mainly from North America but also Russia. (Bloomberg Business) OPEC has been pumping above its target for 17 months as it seeks to take market share from higher cost producers. (Bloomberg Business) Oil has tumbled since the middle of last year as U.S. stockpiles and production expanded contributing with OPEC oversupply. (Bloomberg Business)
Well if you didn’t understand what the above paragraph means, Patriots, I will explain. Basically OPEC to include Iran are trying to force our American companies out of business by low-balling the market. Iran who just got 150 billion dollars from released sanctions recently, are flush with capital and are flooding the market with sweet crude oil. Remember and refer back to Obama’s Bomb 1, 2, and 3 in archives for further explanation of Obama’s faulty deal with Iran.
Anyway we are so happy that our Gas prices are below $2.00 a gallon. Well don’t get used to it because if OPEC gets their way and puts our American companies out of business, which is their intentions (with Obama’s help). If our companies are driven out of business and fracking operations are shut down OPEC will have it’s Monopoly and be able to control world oil prices without any competition. We can only hope our domestic oil companies can hold tight until a real leader gets into office, one who loves this country and will support our homeland oil supply. STAND UP AMERICA, VOTE AND GET INVOLVED IF YOU LOVE YOUR COUNTRY!!!