$100 a Barrel Oil Is Bullshit

By Marc J. Rauch, Exec. Vice President/Co-Publisher

AUTO CENTRAL - November 7, 2007: Is oil hitting $100 a barrel because of "supply and demand? No,it's because of greed and collusion.

For the price to be based on so-called "supply and demand" it would mean that consumers are bidding the price up. I've yet to see any consumers bidding the price up. What we have are oil industry and government people secretly agreeing on prices and then ramming those prices down the consumers' throats. And there's no real shortage, either. The fabricated excuses about not having enough refineries or tankers are more bullshit. BUILD 'EM, DAMN IT!

Much of the world's oil is in the hands of people that it doesn't belong to and they shouldn't be in control of it: they didn't discover it, the land did not belong to them, and they didn't finance the extraction or refining or protection of it. The cost of gasoline and heating oil has now become a national emergency.

What we need next year is a President that will "collude" with a British Prime Minister to take back what belongs to the American and British people. And we need an immediate national policy to put thousands of wind-powered generators in New Mexico and the Dakotas to create electrical energy, which would also be used in the process to create hydrogen for hydrogen-powered internal combustion engines (we don't need to wait 10 or 20 years for more efficient batteries and fuel-cell technology, internal combustion hydrogen engines WORK NOW.

And, oh yeah, I don't care about birds flying into windmills, there's too much bird shit around as well.