Let's Be Clear America: The Oil Companies Are Not Profiting From High Oil Prices

[berni_mccoy]

The Oil Industry is not simply profiting from high oil prices, they are profiteering off the American people. Yes, it's absolutely true. What did the Oil companies discuss in the secret Energy Meetings with Bush/Cheney, even before 9/11 and upward of 46 times before the start of the Iraq War? Could it be how to destabilize oil supply in the Middle East with wars in Iraq and Iran that would cause the Future Markets to speculate the price of oil to nearly $200 a barrel? Perhaps that's why the energy meetings had maps with the Iraqi Oil Fields on them during the meetings of 2001 (http://www.judicialwatch.org/iraqi-oilfield-pr.shtml). In Jan. 2003, the WSJ reported that representatives from Halliburton, Exxon Mobil Corp., Chevron-Texaco Corp. and Conoco-Phillips, and others, had met with Vice President Cheney's staff to plan the post-war revival of Iraq's oil industry. That's nearly 3 months before the Iraq war started.

BTW, what *was* the price of oil before the Iraq War? Perhaps the chart below, with annotations of BushCo/McCain events, will help you.



Oh, that's right. When BushCo/McCain came into power, oil was just above $30 / barrel. It's now over $100 more per barrel!

Note the steep climb in oil after Enron manipulated energy prices (which led to the take-over of the California governorship by Schwarzenegger), Cheney's secret Energy meetings and the beginning of the Iraq War. In 2005, Exxon Mobile had the largest profit of ANY COMPANY IN THE HISTORY OF THE U.S. Looks like their investment in BushCo/McCain paid off. Just this year, Oil hit $185 / barrel and Exxon has already announced the largest quarterly profit of any company in the HISTORY OF THE U.S. You can bank on this being another record year for big-oil.

So the next time any republican hack tries to tell you about free market and why Obama shouldn't be taking away the Republican/McCain subsidies from Big-Oil and handing them out to the American people, you can assuredly tell them that Obama is not acting as government interfering in free market. If anything, he's restoring the balance to a market that has been heavily manipulated by BuschCo/McCain and Big-Oil. If anything, he's executing justice for the American People who have been gouged by the criminals in power.



Is there any wonder why McCain wants to allow more drilling? Maybe it's because Big Oil has paid him over $2,000,000.

[sfam]

1. Well, just as long as they aren't profiting, that's OK I suppose...nt

[mtf80123]

2. I truly hate these MFers!!!

and everyone who voted for them!