Last fall, if I remember correctly we began hearing predictions that the price of gasoline at the pump was going to cost us somewhere in the neighborhood of five-dollars per gallon. Now I have no idea as to where this prediction came from, or what statistical data was used to make such a projection. But there it was. And there it stayed. Then out of nowhere, we, that is The United States started having all this trouble with iran, and the next thing we know there are threats, and counter threats, going back and forth between Iran and the US because apparently Iran was developing Nuclear capability, and Israel was not at all happy with that prospect. Gasoline creeps up a couple of cents.
Then Iran says its ready for the mother of all wars, whatever that is, and Israel says I wouldn’t do that if I were you, and the US tries to talk Israel out of attacking Iran. Iran of course says “Bring it”. Gasoline creeps up another couple of cents. Speculators start quaking in their boots.
Obama counters with the idea of dealing with this thing in diplomatic terms, but our military starts making cute little statements like, Oh, we can handle Iran if they try to attack the US. And the straights of Humuiz will not be shut down by Iran, not without the US Navy having their say in all this. Israel, says they are thinking about a surprise attack on Iran. All this while two or three scientists suddenly bite te dust. Oil creeps up a couple of cents more. Speculators start making even more dire predictions, and now Obama starts quaking in his boots.
After all, he’s no dummy, he knows full well if we have a major surge in the price of gasoline at the pump, well, that might not sit too well with voter, and that equates to, well, it means he can kiss a second term in the White House good-bye! Now everyone just calm down, lets talk about this. A US Aircraft Carrier leaves the straights and Iran waiting until they are well out to sea of course says…..Now don’t you come back, you hear, we’ll blow ya right out of the water if you do! The Navy says something like …Yeah Right!….. and they pass the next carrier on their way in. The Navy then makes it clear to Iran and anyone else listening that they are fully prepared to take on Iran’s little Navy if they have to. I kind of agree with that statement…..I figure it will take ohhhhhhh about ten minutes. By then the iranian Navy will have been the Navy that was!
But, meanwhile the gasoline prices go up another notch or two. The speculators are in Heaven. This is too easy!
Europe cuts off Iran, Iran then cuts off Europe, the price of oil goes up even more, and Voters in the United States are starting to get a might bit concerned. But the Speculators are in seventh Heaven, as the price of oil continues to rise all because of nothing more than a war of words.
Now whats amazing about this satyric little yarn that I have just spun here is that The United States does not buy any oil from Iran, so why, I would ask are our oil prices preparing to shoot through the roof?
It’s as simple as this. The price increases in oil is programmatic. Iran will be used as justification for raising oil prices, when all along the whole thing was planned in the first place. You see, the Greed Factor is still alive, waiting to suck the life blood right out of The US recovery for what it’s worth. Now because cars today are more economical than ever, Speculators are betting that as long as you and I can get from Point A to Point B without have to spend a fortune on gasoline, because a tank last so much longer, they’ll get away with it, and they then can stabilize the price of gasoline at the pump to around five dollars a gallon.
Yes Sir P.T. Barnum was right………….A Sucker Is Born Everyday!
Have a good one Folks……………Looking forward to hearing your point of view.