Monday, April 20, 2009

Oil Drops Again

The price per barrel of oil is at about $46 a barrel, and in February hit the low of $35 and yet, did you notice what you were paying at the pump? Was it the same price you used to pay, when Oil was at those prices per barrel?  I sure as hell wasn't, in fact, Oil didn't drop all that much at the pump, and has jumped around a bit, and yet it is at record lows for the last few years.

Tell me again Stephen Harper, Republicans, Conservatives, how the market place sets the price, based on supply and demand? Tell me again, at how these companies, that have nearly driven the entire world into a global depression, are market based, not fueled by greed?

The supply is down, the world situation is unchanged, including North Korea being naugty, and yet the price per barrel is down, because.. wait for it... the buyers are nervous about corporate profits?

If we truly want to end the recession, here is a novel approach. Make industry justify its outrageous prices for its garbage, they call goods. Make industries like the Oil Industry, justify why its price at the consumer level is higher than what it was, when at the same cost, years ago. Instead of rewarding them with new trade agreements, that allow them to ship jobs abroad, allow them to produce cheaper products, that they still charge premium prices for, make them accountable for their greed.

Want to end the recession, STOP THE GREED OF THE OIL INDUSTRY.

No comments: