culture, politics, commentary, criticism

Tuesday, September 19, 2006
The amazingly unbelievable 2-year oil price cycle. Oil prices apparently no longer have anything to do with supply and demand, but instead with
pre-election Octobers in the USA:
The likelihood of finding $2-a-gallon gasoline in some parts of the U.S. is increasing by the day.

The nationwide average at the pump is already below $2.50, and with a huge decline in oil and gasoline futures today analysts say the outlook for motorists is only getting better.

"We'll see sub-$2.25 a gallon retail (prices) by October [2006]," said Tom Kloza, director of the Oil Price Information Service, adding that prices below $2 can already be found in Kansas, Missouri, South Carolina and other states.
Surprise, surprise. This is exactly what happened two years ago: "Saudi Arabia may be hatching an October [2004] surprise to benefit President Bush by lowering crude oil prices before the November election, Washington Post reporter Bob Woodward said in an interview aired yesterday. Saudi Prince Bandar bin Sultan - the longtime ambassador to the U.S. and a close Bush family friend - told the President that oil production will get a boost to strengthen the U.S. economy, said Woodward, author of a new book on White House war planning for Iraq."

Only this time, not boosted production but "lessened demand" is providing the "official" "explanation."

See also this chart and look at the overall trend in gas prices during Dubya's tenure from 2001 to the present. Contrast with the Pax Clintonia of 1993 through 2001.

Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top

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