Democrats

Oil Futures Are The Rich Pyramid Scams Raping The Poor

March 10, 2008 ⋅  E-Mail Article ⋅  Print Article ⋅ Post a comment

At the rate oil is going up hell might just freeze over or at least the devil may be turning down the heat. Is this the despair I a working Middle Class citizen is to endure the rest of my life, the angst of gas prices. If the stock market and economy are down I get screwed because the rich people put their money in oil futures and thus the price of gas goes higher. And then if the economy goes higher I get screwed again because then the use and consumption supposedly goes up and again the price of gas rises for me.

Most Middle Class workers like myself cannot afford to buy oil futures in the commodities market and therefore we get taken by the rich who could care less about high gas prices because they are hedged by their ownership of oil futures. The oil futures market has become the new legal pyramid scam for the globally rich who are putting it to the globally Poor and Middle Class. How can something so vital be manipulated for profit so easily and maliciously? What can be done about it, are we to eventually become indentured servants because we have to drive our cars to work or to the hospital? Please tell me there is some form of sanity that will eventually prevail. OPEC lives by the protection American Armed Forces provides for them, all but Valenzuela, and yet America sees none of the benefit.

Maybe we need to pull our forces back and let things play out as they may in the Middle East, or do as OPEC, raise the cost of protection to match the rise in oil prices and send this additional money back to Americans as a subsidy to off-set the gas-gouging occurring. I know that the OPEC members say they do not control gas prices but if they sent out a few months of relief that would screw the pyramid investors and cause the oil markets to regulate and return to their rightful levels.

However, we have rich oil companies getting richer, rich OPEC members getting richer, and we have rich investors getting richer, the only ones losing on this is me and you, the average American citizens, and who really cares about us? I say exit the Middle East and Central America and let these areas fend for themselves as we put all of our resources into Ethanol fuel and Alaskan oil. BTW, who is our energy administrator and why isn’t this person fired yet?

I hope the next President does more for American energy costs. This problem is worse than you think and it needs to be addressed immediately before society turns on its head.

What can be done?

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