Skip to main content

Shock at the Pump!

Today's news that the cost of gas [petrol in some countries] at the pump - reflecting the rise in cost of a barrel of oil - is a cause of a concern on many levels. There is even talk of the cost of a of oil reaching US$200 a barrel.

Writing under the headline "Paying for War at the Pump" in truthdig.com Robert Scheer says:

"McCain’s strategy is clearly that of distracting attention from the calamitous economy by sounding the demagogue’s alarm about enemies at the gate. This week, McCain again blasted Democratic presidential candidate Barack Obama on the grounds that he underestimated the threat from Iran while ignoring the vast increase in Iran’s power—an increase actually resulting from Bush eliminating Iran’s only effective enemy, Saddam Hussein. The other winners in this folly have been the oil kingdoms that Hussein periodically threatened, led by the Saudi royal family. Seizing upon the opportunity presented by the 9/11 attacks, Bush knocked off not the Saudis, who had produced Osama bin Laden and 15 of his hijacker minions, but rather the royal family’s sworn enemy in Iraq, who had absolutely nothing do with 9/11.

And how did the Saudis thank us? Just check the price of oil, which has increased more than sixfold since 9/11. On Friday, Bush went to dine at Saudi King Abdullah’s bizarrely opulent horse farm and pleaded for an increase in oil production, but to no avail. Bush received the same rebuff in April 2005, when oil was selling for $54 a barrel. On Tuesday, it sold for $129, and the price rise is a good measure of Saudi gratitude for the Bush family’s unwavering support over past decades. Saudi Arabia’s oil minister, Ali al-Naimi, couldn’t have been more condescending when he turned down Bush’s request with the observation that “presidents and kings have every right, every privilege, to comment or ask or say whatever they want.” He added at a press conference, “How much does Saudi Arabia need to do to satisfy people who are questioning our oil practices and policies?”

Comments

Popular posts from this blog

Wow!.....some "visitor" to Ferryland in Newfoundland

It's not at all friendly in United's sky!

More than apt commentary in The Guardian (with video)on United Airline's outrageous conduct so widely reported around the world....

It has become apparent that America’s airlines, much like America’s president, have absolutely no shame. They seem to care only about profit and treat the people they supposedly serve like chattel, cattle or criminals.

This week’s installment of airlines reaching new lows is brought to you by United – you know, the people who spendtens of millions of dollarson fancy adverts urging you to “Fly the Friendly Skies”, while seemingly going out of their way to make the skies as unfriendly as possible. The story has been everywhereover the last 24 hours and you’ve probably seen thegraphic video. United overbooked a flight and, having only realized this after the flight had boarded, tried to force a few randomly selected passengers off. One man refused to vacate the seat he paid for and, thus, had a reasonable expectation of sitting in. Security office…