Everyone is talking about the extra money we have to pay for gas, but that is only the tip of the iceberg. Now you have probably received a notice like this one. If not, you will.
On July 1, the Florida Public Service Commission approved an adjustment in the pass-through fuel charge on customer bills. This is a result of the extraordinary increase in fuel prices that we have been experiencing.
You will see an initial portion of the fuel adjustment on your bills for meter readings beginning August through December 2008 (which means beginning with the meter reading for your July energy usage). A 1,000 kilowatt-hour monthly residential bill will go from $102.63 to $110.77, which is an increase of $8.14 - or about 8 percent.
So these approvals for price increases will go on for utilities. McCain thinks a month off of gas taxes will help us in some way? Give me a break. We will still be paying higher utility bills and paying more for everything else as companies raise prices on everything we buy to offset their fuel costs.
McCain’s gas tax holiday is like putting a bandaid on the victim of a drive by shooting. He knows this, but it sounds good and makes it look like he cares.
High fuel costs are going to kill what is left of the economy that George Bush ruined. Opening up more places to drill for oil is like filling a bathtub with the stopper out, it might eventually help a little but it’s wasteful.
The oil companies have wells that are capped off that could be opened up right now without more drilling. They are using this crisis to buy up more leases.
The DeBeers family controls the diamond market. If all the diamonds that have been mined were put onto the market today, diamonds would be worthless. But they control how many diamonds hit the market and prop the price up.
The oil barons are no different. They want to control all the places where oil can be found so they can control how much oil hits the market. They prop up the prices for oil just like the DeBeers family does for diamonds.
This is not about a shortage of oil no more than it was in the 70’s. It is pure greed and manipulation of supply and demand. The politicians in office are helping the oil companies control the market. Almost every person in Bush’s administration have interests or former interests in oil, fuel, and industries that make money supporting the oil industry.
Condaleeza Rice has an oil tanker named after her. Bush was in oil. Cheney and Haliburton. The list goes on.
From the BBC on Monday, 29 January, 2001 (Before 911)
The president, vice-president, commerce secretary and national security adviser all have strong ties to the oil industry.
Vice-President Dick Cheney amassed some £50m-$60m while he was chief executive of Haliburton oil company.
Commerce Secretary Donald Evans held stock valued between $5m and $25m in Tom Brown Inc, the oil and gas exploration company he headed.
National Security Adviser Condoleeza Rice was a director of Chevron.
Since that time, they have the war in Iraq which secured more oil fields for the oil companies to control. They used the attacks on 911 by Osama Bin Laden in Afghanistan as an excuse to also take on Iraq. The war with Iraq was planned before 911, even before they got Bush in the whitehouse. Cheney and others had been pushing for that war before any of them took office.
Now investors buying futures has caused oil prices to a critical level. This crisis was created by investors. The reason? To give new leases to the oil companies here in the US.
The Iraq War, High oil prices pushed up by investors, and opening up new areas for oil companies to explore, are all just a coincidence with these oil barons in the white house. None of what these people do is about making more money from oil. Yeah. Right.