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The Oil Jihad Continues: OPEC President Predicts the Price of Oil Will Climb to $170 a Barrel before the End of the Year

June 30, 2008 gags

The major fact is that the world runs on oil and OPEC knows it. OPEC keeps the price of oil rising and the world goes out of kilter like a spinning top that when you touch it as it spins begins to wobble crazily.

Throw together corrupt politicians and a constant supply of Global warming hysteria and the result is wrecked economies. The sad fact is that members of Congress have helped engineer this so that we would be dependent on OPEC for our energy needs. It is a problem borne solely of US political greed and corruption! We need to vote out all the incumbent bozos before we are forced into the second American Revolution!

OPEC President Chakib Khelil predicted that the price of oil will climb to $170 a barrel before the end of the year, citing the dollar’s decline and political conflicts.

“Oil prices are expected to reach $170 as demand for fuel is growing in the U.S. during the summer period and the dollar continues to weaken against the euro,” Khelil said today in a telephone interview. The leader of the Organization of Petroleum Exporting Countries also serves as Algeria’s oil minister.

Political pressure on Iran and the depreciation of the U.S. currency have caused a surge in oil prices, Khelil said. New York- traded crude has more than doubled in a year and touched a record $142.99 a barrel yesterday on the New York Mercantile Exchange.

OPEC ministers generally say that oil output is sufficient, even as Saudi Arabia, the biggest producer, pledged to pump an extra 200,000 barrels a day next month to calm the market. “The market is completely supplied,” Venezuelan Oil Minister Rafael Ramirez said yesterday. Libya announced possible production cuts, calling the market oversupplied.

The rising cost of crude is not linked to supply, Khelil said today. “There is more than enough oil in the market to meet the international demand,” added the OPEC president, who will take part June 30 in an international energy forum in Madrid.

Prices, which are up 38 percent this quarter, are heading for the biggest quarterly gain since the first three months of 1999, when oil traded between $11 and $17.

Declining Dollar

“The decisions made by the U.S. Federal Reserve and the European Central Bank helped the devaluation of the dollar, which pushed up oil prices,” Khelil said.

Oil may extend gains if the ECB boosts rates on July 3, further weakening the U.S. currency. The dollar has declined 15 percent against the euro in 12 months.

ECB President Jean-Claude Trichet reiterated June 25 that policy makers may increase the main refinancing rate by a quarter-percentage point next month to contain inflation. The Federal Reserve left the benchmark U.S. rate at 2 percent on June 25. On Sept. 18 the Fed began cutting rates to bolster an economy already reeling from the credit crisis.

Amusing

OPEC’s Oil Jihad

June 27, 2008 gags

Oil jumped to a new record high near $142 a barrel on Friday unabated even after Saudi Arabia’s pledge to pump out more supplies. There is just no logic to it all.

We were too blind to see that radical Islam was at war with us before September 11th. Is the same thing happening now in the form of an Oil Jihad?

There just may be an element of truth in this fictional “open letter” circulating around the internet

The OPEC minister may look you in the eye and say,
“We are at war with you infidels and have been since the embargo in the 1970s. You are so arrogant you haven’t even recognized it.

You have more missiles, bombs, and technology; so we are fighting with the best weapon we have and extracting on a net basis about $700 billion/year out of your economy.

We will destroy you! Death to the infidels!

While I am here I would like to thank you for the following: Not developing your 250-300 million barrels per year supply of oil shale and tar sands.

We know if you did this, it would create thousands of jobs for U.S. citizens, expand your engineering capabilities, and keep the wealth in the U.S. instead of sending it to us to finance our war against you infidels.

Thanks for limiting defense dept. purchases of oil sands from your neighbors to the north. We love it when you confuse your allies.

Thanks for over regulating every segment of your economy and thus delaying, by decades, the development of alternate fuel technologies.

Thanks for limiting drilling off your coasts, in Alaska , and anywhere there is an insect, bird, fish, or plant that might be inconvenienced. Better that your people suffer. Glad to see our lobbying efforts have been so effective.

Corn based Ethanol. Praise Allah for this sham program! Perhaps you will destroy yourselves from the inside with these types of policies. This is a gift from Allah, praise his name! We never would have thought of this one! This is better than when you pay your farmers NOT TO GROW FOOD. Have them use more energy to create less energy, and simultaneously drive up food prices. Thank you U.S. Congress!

And finally, we appreciate you letting us fleece you without end. You will be glad to know we have been accumulating shares in your banks, real estate, and publicly held companies. We also finance a good portion of your debt and now manipulate your markets, currency, and economies for our benefit.

THANK YOU AMERICA !”

You stupid fools!

Praise Allah!!

Amusing

Alaska Governor to Harry Reid: Start drilling in ANWR

June 25, 2008 gags

The stranglehold the Liberal Congress has on American prosperity is astounding. These corrupt bums must be voted out in November for this nation to survive.

A copy of the letter is at the bottom of this post for your reading enjoyment.

Alaska guv to Sen. Reid: Start drilling in ANWR!

In a letter to Democratic Senate Majority Leader Harry Reid and other key leaders, Alaska Republican Gov. Sarah Palin urges Congress to allow drilling for oil on the Outer Continental Shelf and the Arctic National Wildlife Refuge in northern Alaska, an area she calls “the most promising unexplored petroleum province in North America.”

“What will it take for Congress to enact comprehensive energy policy?” Palin asks in the letter, dated yesterday. “In my opinion, the debate about energy policy is no longer theoretical and abstract. Our failure to enact an energy policy is having real consequences for every American in their daily lives and has begun to affect America’s place in the world.”

Palin, whose name appears on lists of potential vice-presidential candidates, concludes with a bold challenge: “I don’t think it’s overly dramatic to say that his nation’s future and the quality of life for every American are dependent on the decision you make or don’t make in the next few months.”

Last week, Reid called Sen. John McCain’s call for offshore drilling “nothing more than a cynical campaign ploy that will do nothing to lower energy prices and represents another big giveaway to oil companies already making billions in profits.”

Lumping Palin in that accusation would prove difficult, as the governor made headlines earlier in her term for taking on Alaska’s oil and gas commissioner, who was also the GOP state chairman, for ethics violations. More recently, she worked with bipartisan support to win an increased tax on oil companies’ profits.

Palin says in her letter she does not guarantee a price drop with drilling in ANWR but argues increasing domestic oil supply would “help reduce price volatility” and “send a strong message to oil speculators.”

“Yet, there is an even more important point,” Palin writes, contending America must take measures to decrease dependence on foreign oil, since “U.S. petrodollars are financing activities that are harmful to America and to our economic and military interests around the world.”

Environmentalists and Democrats in Congress long have argued against increased drilling in the U.S., favoring instead conservation and alternative fuels. Democratic presidential candidate Sen. Barack Obama’s website promises $150 billion in increased spending to develop new fuels and renewable energy sources.

Palin’s letter argues against looking only to those approaches, pointing out a need for domestic oil production to supply the economy’s many products made from petroleum, not just gasoline.

“The soaring prices of chemicals, plastics, fertilizer and other products – and the loss of jobs – graphically illustrate this point,” the letter states. “We must recognize that is will be many years, if ever, before we discover alternatives to the petroleum-based products that every American uses in our daily lives.”

Palin addresses the concerns of environmentalists about drilling in the Arctic National Wildlife Refuge, or ANWR.

Oil exploration and development “can be conducted in a safe manner,” she writes, pointing out the footprint of oil development facilities in ANWR would take up “less than 2,000 acres” of a refuge roughly the size of South Carolina.

Amusing

Quote Of The Day: 6-22-2008

June 22, 2008 gags

“I have a fast fix for energy, a fast fix for the energy prices. There is no instant cure, as we know, for rising energy prices, but as your host, I, El Rushbo, have a plan to get on the right track sooner rather than later. As close to a quick fix as humanly possible. It all starts with our gas stations. We do have gas stations out there. And these gas stations pump regular gas, and they pump premium gas. Some of them pump diesel. On every pump, every pump that distributes regular gas, we post a picture of Harry Reid with the price appearing in his mouth. On every premium pump, we post a picture of Nancy Pelosi with the price upticking in her wonderful smile; that you could drive up to any station and ask for a tankful of Reid or you could ask for a tankful of Pelosi. We would explore, we would drill, we would refine faster than a liberal can attack a Republican. / You gas station guys, you want to turn the profit in your business? Go out and get some pictures of Reid and Pelosi, stick ’em on your pumps, put the price in there. And then when the self-serve people come up just make ’em say they want to fill up with Reid, fill up with Pelosi…” ~ Rush Limbaugh

Amusing

Mad About High Gas Prices? An Easy Solution

June 22, 2008 gags

There are only 545 people who essentially run the entire country. Americans are 300,000,000 strong.

It only takes a small percentage of that 300,000,000 to change policy.

Why is it we Americans are so weak that we stand around and do nothing when a major problem is staring us in the face? That’s not the American can-do spirit for which we are known.

All it takes is an idea that will sweep the country like a fast-moving infectious virus and gas prices will come down almost instantly.

Why are those 545 people purposely doing everything in their power to cut America off at her knees, while no such restrictions are being observed by any other country? The U. S. Congress has made almost all areas for drilling for oil, natural gas and mining coal on our sovereign lands, off limits. We cannot convert coal to oil. We cannot build any new hydro-electric, gas, coal or nuclear fired power plants and we can’t build any new refineries. What possible reasons could justify such derelict actions by our elected officials? The reason is they are pandering to the national and international radical environmentalists and socialists who have conquered America and taken her over without a shot being fired, for what has become a religious cult, coupled with mass hysteria over the environment!

Oil is literally the life blood of our economy. Cut it off or restrict it and our economy dies, or erupts into an upward inflation spiral as it is doing now. The question is, are we Americans going to force this congress to reverse course on crude oil extraction, in the interest of the American people and America’s economy? Or are we just going to complain and do nothing? And why on earth would we consciously make oil sheiks and dictators rich beyond their wildest dreams with our money, when we can do something about it? Why indeed!

Do you want to see gas prices come down? All it takes is a significant percentage of the American people to demand that those 545 people who control America, instantly open up areas of all known oil reserves in the United States to oil exploration by the oil companies. That’s it! The U. S. Congress could make it happen in a week, if they had the will and the anger of the American people urging them. The American people’s anger is there in spades, but the will of the U. S. Congress has to be forced upon them by those angry Americans. And don’t buy into this garbage about man-caused global warming (MCGW), CO2 emission limits and the cap and trade fraud. MCGW was invented by government and radical environmentalists to control and tax you. Its authors are international, one-world-order elitists and they will have their way if we don’t stop them. And don’t buy into the greed of the oil companies. That’s the pure propaganda of government to direct you away from who really is responsible; them. In fact, most of the oil profits are going to the dictators of government-run oil producing nations, like Saudi Arabia and Venezuela.

So how do we convince the U. S. Congress to act? Let the American people know who is causing the high gas prices and get the American people to “esplain” it to the perpetrators, in no uncertain terms.

Here is a one solution, if done on a large enough scale, has an absolute guarantee of success. We propose a simple little image that can be printed up on sheets of 10-up, 2” x 4” mailing labels that are manufactured by Avery. The blank labels can be purchased at any office supply store for pennies. This simple image would be posted on gas station pumps every time an angry American fills up his or her gas tank. It could sweep the country in a matter of 30 to 60 days and we could see relief at the pumps shortly thereafter, if the Congress acts appropriately under the political pressure. If Congress doesn’t act, we can get even angrier and Hell hath no fury than a whole bunch of angry Americans. The following is the image we propose. We call it the “High Gas Price Gas Pump Sticker”.

THE HIGH GAS PRICE GAS PUMP STICKER

NARLO website at www.narlo.org/hgp.html.

To insure maximum distribution of this image and the WORD document, send it on to your e-mail list, encouraging the recipients to do the same. Also, print up these Avery sheets, cut them up in individual images and pass them out to others you know.

WE THE PEOPLE have more power than those 545 disconnected people in Washington DC. All we need do is exercise that power for what we know is right. Don’t let the 545 people in Washington DC, reduce America to the level of a third-world country. In the honor of those brave souls that came before you that defended our freedom, let’s show the rest of the world that we still have some American “hot” red blood running through our veins. When we pull this off, you can watch the speculators of oil run for cover. Just think. Some of those speculators, that have been bringing you pain at the pumps, could go broke, the dictators will lose some of their power and our money could stay in the U. S. where it belongs.

But for God’s sake, do something to save yourself from the tyranny of an out-of-control government, before it is too late! We are Americans. We can do anything when we put our minds and our backs to it.

This High Gas Price Gas Pump Sticker, with instructions, is also available on the NARLO website at http://www.narlo.org/hgp.html.