No I am not the President of the United States of America. No I am not a United States Congressman. I am just a simple biker lawyer who sees the writing on the wall. The cost of oil is literally going to put us in a great depression and not just the recession we are in now.
I wrote an article about a year ago called >We Are Being Raped by the Oil Companies (Monopolies); It is Finally Time to Do Something About it Now!”You can read it by clicking here.
Now as I write this article, regular unleaded gasoline is approaching four dollars ($4.00) a gallon here in California, with premium grade already over four dollars a gallon. Diesel fuel is over four dollars fifty cents a gallon, and there is no end to fuel increases in site.
Why are fuel prices this high? It is not supply and demand like some would have you believe. It is not the functioning of a free market like others would have you believe.
Fuel prices are this high because of a few speculators at the mercantile exchange, and oil companies fixing prices and gouging us at the pump.
When will they stop? They will stop when we finally get elected officials in office that will commence investigations to find out what is really going on, ala Enron, and prosecute those that are raping our nation and gouging us in probably the worst scandal in our nation’s history.
Demand for oil has not significantly increased since a certain political party took power in the year 2000, what has changed is that oil men took power in 2000. With no shame whatsoever, they take a blind eye to the demise and suffering of our economy and our people, while they and their cronies rape us at the pump.
Why are the gas prices as they now exist and continue to increase a national emergency? The answer is that our entire economy is oil based. The necessities of life such as food, clothes, jobs, transportation, heating, cooling, etc., all depends on oil. How do you think the supplies that make up our world get to us? By ship, train, and big rig trucks. As fuel cost increase, so do the shipping cost, which is passed along to us. We have a symbiotic relationship with oil.
As the price for oil increases, so do the prices for everything else in our economy. People will lose their jobs and homes as a result of companies downsizing or going out of business because consumers are using their money to line the pockets of oil men, oil speculators, and oil producing nations, instead of using their money to buy other items that keep our economy going.
The worst part about what is happening is that the money that is being spent for oil is going into the pockets of a few only.
It is time for us as a people to stand up and say; “what the fuck is going on?” You see the news should not be about McCain, Clinton, or Obama. It should be about the oil prices that are the National Emergency right now, and no one wants to talk about it.
If nothing is done about fuel prices, what will happen to our nation will make the Great Depression of the 1930’s look like a great time.
I say it is time to regulate oil just like utility prices are regulated. The big oil companies and their cronies are going to destroy our nation if we let them. Let someone in power in our government have the balls to stand up to big oil and set the record straight just like we did with Enron.
May god bless America. We need his blessing now!
Norman Gregory Fernandez, Esq., © 2008
Welcome, my name is 
Hi Norm,
I’ve been very concerned what is happening all over the world these days. Seems like there is no end to greed and corruption and the crooks have a free reign of power.
I really believe there is a calamity just around the corner and this time, it may not return to business as usual.
G
Demand for oil has not significantly increased??? Are you saying China and Russia have not increased their consumption of fossil fuels?
The price you see at the pump is not just a reflection of American oil consumption. It’s now just as much a Chinese influence as it is our own. Even if you nationalized the oil consumption in the USA, it’ll do nothing to reign in on the Chinese consumption of oil. And the last I read, the Chinese are hungry for Cadillacs and Harleys. It’s too late. We can no longer drop the price of oil by regulating it here in the USA.
The best we can do now is drive more fuel efficient vehicles to lessen the impact on our wallets, and work towards perfecting an alternative source of energy.
When President Bill Clinton left the office of President of the USA….gasoline was $1.43 in the Space Coast of Florida. Today gasoline is $3.59, The USA did not owe CHINA a red cent…..now we owe a debt that our great grandchildren will have to pay. What can a citizen do? I drive less and less because it is so painful to “fill er up”???
From what I remember in high school history we are now in worse shape with the economy than when Hoover was President.
This forum needed sihankg up and youve just done that. Great post!
I just don’t get it, Where do you guys get your information? Really, I want to know. I see everyone blaming this on the President, but can you tell me what he has done that could cause the increase in the price of Oil. What do you think He could do to change it? Out President just does not have that kind of power. I know mistakes have been made, but the President is not the (only) one to blame. I was just in Saudia Arabia, and they are hell bent on raising the price of Oil to $200 a barrell. This affects the whole world – How do you think the U.S. can change it? I know some experts have said this and that, but others have disigreed, and I really don’t know who to believe. I just think you guys are trying to make this “simple” and want someone to blame. But it’s just not any one person’s fault.
Most drivers in the world beyond the US would be dancing joyously in the streets for gas at $4/gallon.
There has been a significant increase in oil demand, it’s just that the new demand is coming from Asia. China and India both have hugely increased the number of personal vehicles on their streets in the past decade.
I agree 100% that the reason for the high fuel cost is directly attributed to the fact that the leaders of the U.S. have interests in oil. When the oil men are out of power,the next president hopefully won’t turn a blind eye to this price gouging, and the price of gas will possibly drop a small margin. I drive a Ford truck with a 7.3L turbo diesel, and it cost me $125 to fill it up. Hell, it takes almost $25 to fill up my Fatboy, but what can we do? If the american people could boycott gas for a week, that may do something, however, after that week, everyone would be crowding the pumps again, and it would put us back to square one. Also, even with the inflated fuel cost, I haven’t noticed any recess of cars on the roads, if anything, there is more traffic now.
Gas is about $6.40 a gallon here in Korea. It shouldn’t take $30 to fill up my bike. I spend about $240 a month on gas for my bike just commuting to and from the office.
I’m a total anomaly here in Korea. To the best of my knowledge, I am the only biking lawyer in the entire country. It’s seen as being a bit undignified to be a lawyer and ride a bike. People often ask me why I ride a bike if I’m a lawyer. Rather than trying to explain something that they wouldn’t understand, I usually reply I have to be a lawyer to afford to ride my bike.
Thanks everyone for the comments! Jeff I feel for you man; $6.40 a gallon is rough. We are not too far behind here if things keep going the way they are.
Gary I feel the same way you do!
Steven, Russia has become a major producer of oil! I do concede that countries like India and China have increased oil demand to a certain extent, however, production of oil has increased as well ala Russia, Canada, etc.
Bottom line, do your research. Many experts in the field have suggested that the current prices cannot be justified by supply and demand, and that speculators are artificially driving prices up, ala Enron.
Even Hillary Clinton has finally made a speech that insinuates gouging may be going on. Daa!
Norm
Sandie we are in real bad shape. The other night I was thinking about it after paying 60 bucks to fill up my Oldsmobile Aurora. I was also thinking about it when I paid 90 bucks just for a few items at the grocery store. A guy there said he is having to change the prices up every other day!
We have only begun to see the demise that our current leaders have put us in.
Yes we got a tax cut, but we have paid 100 times more than we received, in increased cost of gas and other items in return, not to mention the cost of the deficit.
Bush is the worst President in our History. Herbert Hoover even looks good compared to Bush!
Norm
I don’t know Jim. I thought I saw the president kissing and holding hands with a Saudi on his ranch in Texas. I am quite sure the fact that the President and the VP are oil men has something to do with our energy policy and the fact that prices have increased 300% since he took office.
The proof is in the pudding.
Norm