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View Diary: About those "offshore tankers" that Koch Industries use to "to cash in" when the Price is Right (133 comments)

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  •  We've been in 'state of emergency' since 9/11 (11+ / 0-)

    so shouldn't the president and Congress be declaring that our nation's fuel supply, of which the DoD needs about 80%, be considered of critical strategic and tactical importance to maintain a full supply, plus adequate reserves?  

    Mr. Koch, Tear down this artificial wall! End this shell game by which you are embargoing oil from our supplies.   It's the duty of real patriots to do all they can to preserve and strengthen America's defensive and operational capabilities!

    Dick Cheney, Condi Rice,Dick, Don Rumsfield  and W!  Where are your voices?  Why aren't objecting to the Koch brother's replacing the 'invisible hand' of the 'free market' with their own private greasy sock puppet?  Where is your voice demanding America's elite, your base, the oil industry barons, to step up and do whatever they can to support US defense and the nation's economic well-being in these times of global war on terror?

    When life gives you wingnuts, make wingnut butter!

    by antirove on Sun Mar 04, 2012 at 07:50:31 PM PST

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    •  indeed (10+ / 0-)

      if our lagging Energy Security,

      doesn't count as an Emergency, what does?


      I still want to know what Cheney promised, and gave away

      to the Oil CEO in his secret Energy Task Force meetings?

      besides "first dibs" in Iraq, and easy EPA fracking regs.


      thanks antirove for the rant


      What is necessary to change a person is to change his awareness of himself.
      -- Maslow ...... my list.

      by jamess on Sun Mar 04, 2012 at 07:56:43 PM PST

      [ Parent ]

      •  Energy Security affects food security and (1+ / 0-)
        Recommended by:
        jamess

        most other kinds of life security.  If too much money ends up going towards just getting to the store and back, commuting to work & schools, etc. then there is little left to purchase basic foods, medical goods & services, and other essentials such as home heating/cooling, power, and telecommunications.  It will drive up costs to operate ambulances, paramedic trucks, fire trucks, police vehicles, tow-trucks, snow-plows, mowers, recycling processing, and more.

        When filling up the farmer trucks, and tractors, combines, etc. costs twice as much as the prior year, we'll be paying more for food, and perhaps not see the variety of foods we may wish to have.  Foods being transported up from Chile, Mexico, Brazil will soon cost much more.

        Municipalities and school bus transportation contracts are have fixed annual budgets and out of control fuel costs will have to cut services and programs.  School taxes may need emergency hikes or busing funds may be exhausted before the school year does.

        Transportation and distribution services like USPS, UPS, FedEx and trucking companies will have to raise rates or cut services, or both.

        The big profits from this cynical manipulation aren't taken at the retail or wholesale ends of the business, so this part of our petrol distribution isn't to blame.  The big money comes in the refining and raw oil delivery systems and related commodity contracts and spot contracts, the stuff Wall Street drools over.  Having the refined produce reaching record exports this month just takes the cake--while leaving us short on supply within the US market--insufficient to meet demand.

        I am stunned when I see an SUV pull in and the cost to fill the tank(s) can be $80 to $120 or more.  Several years back, in 2008, SUVs were nearly impossible to sell, wholesale or retail due to a similar speculator driven rise in gas prices.  

        If gas hits $7 there will be quite a lot of vehicles parked that can't get even 20 mpg.  For a typical 15 to 30 mile commute to work, the daily cost of going to and from work will go above $10, or $30, or even more, depending upon vehicle and commute distance.  

        People will need to car pool just to afford to go to work.  If you stopping to fill your tank once a week ore more, it makes a huge difference on typical family budget if that tank full costs $30, $50, $80, $120 or more.  If one must fill more often, the impact is much greater.  

        As gas approaches $7 to $10 it starts making economic sense to replace any current car with 20 to 25 mpg average (even the car is paid off) with a hybrid like the Prius which gets over 50 mpg.  Although the problem of selling off vehicles with comparatively low mpg will cause problems to individuals and banks when borrowers default and let the bank repossess the undesirable gas hog.  Which will compound loan portfolios already stricken with upside-down residential and commercial loans which continue in high delinquency.

        When life gives you wingnuts, make wingnut butter!

        by antirove on Mon Mar 05, 2012 at 02:38:40 AM PST

        [ Parent ]

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