Oil - The big head fake

"Oil is going to kill our economy."

"We are addicts, and the Saudis are the pushers."

You hear commentators saying this all the time these days. Amazing to me how if you live long enough, you see things repeat themselves endlessly. Doesnt it feel like the 70's gas crunch is right around the corner?

If you read way back in my blog, you see a theme that suggests that the most evident meme in the news cycle is almost always false. It is the head fake of all head fakes. Yes. At this point in the game, the news media seems all too easy to manipulate. This is why one has to go a bit deeper.

There are three things you have ask yourself when you consider Oil.

1. Why doesn't the government raise the tax on Oil to a point where we HAVE to conserve? They force us to do other things, why not something so basic?
2. If we are so desparate for Oil, why do we allow Oil companies to have a choke hold on our import by accepting far too few REFINERIES.
3. Why do the economic models of most alternative fuel types fail miserably. BioDiesel (a full replacement for Diesel fuel) has been around since the 80s and can not be produced for less than 4.50 a gallon!

It all smells of manipulation. Dont forget, we have had a decade of Oil doing nothing so there has been ample time to rig the system up right with hedges, non-compete deals, and inventory grabs. Yes. Manipulation.

Now, please do think me one of these conspiracy theorists, nor to I think this is a way to simply bilk the American wallet. I feel like in free markets, a certain amount of manipulation is appropriate. However once you start manipulating at the level where national economies are affected, the story has to change. Yes. Oil has always been about power, and in times of contention becomes the central player (Vietnam). So here we are, another thing you can tie back to the global war on Terror.

Finish terrorism, and you will finish this Oil hoard.