The Oil Industry Criminal Cartel
The falling price of oil — and gasoline prices, too — should lower inflation
and lending rates, boost consumer confidence and could even influence whom
voters chose in November's presidential election.
For motorists, it could mean oil prices under $100 a barrel later this year
and deeper price declines at the gasoline pump. Already, the national average
for a gallon of gasoline, which stood at $4.10 a month ago, was down to $3.83
on Friday, according to the AAA Motor Club.
Thirty-two years ago I asked a service station attendant for
a gallon can of gas. My Volkswagen had sputtered dry a mile down the road. When
he asked me if I had tripped the emergency gasoline supply, I nodded yes.
He explained in the last Venezuelan revolt the rioters had
requested gas in small amounts to make Molotov cocktails.
Finally, I thought, a good reason for fossil fuels.
I was in the Andes
Mountains to determine
the potential market for tethered communication balloons. In Caracas, I was also working on windmill
generated electricity delivered by underground residential cables.
My firm was doing marketing research on earthquake detection
devices, anti-submarine surveillance, grain silo monitors and many other
avenues. My favorite team examined the Bay of Fundy
tides as electricity generators.
Two years after the OPEC Oil Embargo everybody with a brain
in his head knew there was no future for fossil fuels.
Most politicians are well-paid shills for the special
interests who have sat on technological progress for generations.
They are enemy combatants.