Saturday, February 25, 2012

Gas prices might be their only hope

As the Republican candidates dismantle each other (long before the Democrats even have a chance) in the background lurks the proverbial elephant in the room that might or might not be caused by players who can control such things as high gas prices.

$5.00 per galleon is rapidly approaching.

Chevron made $26.9 Billion in PROFIT last year....and it looks like they plan on breaking that record in 2012.

Chevron, Exxon-Mobil, Shell, Union and Arco seem to have a nice hold on the retail gasoline business in America. In 2006 there were 167,000 stations and by all indications there seems to be less today....which is also really strange when you stop to think about it. You never see lines in Santa Monica and I know for a fact that there are fewer stations than 10 years ago.....

But I'm fairly certain that those companies mentioned above own a clear majority of the stations.
It wouldn't be that hard to control the price of their product....especially if there is only a small group making the decisions.

I guess now is the time to start asking if the CEO's are Republicans or Democrats.

Because really after everything is said and done, HIGH GAS PRICES might be the only real weapon that Republicans have in the upcoming election.

And if gas prices go to $5.00 a galleon ( or higher) than that weapon becomes a real bunker buster.

The President is hinting at using reserves to help control the prices. Can't he just ask the oil executives to work on a little lower profit margin?

JUST ASK....NOT DEMAND

TOO SOCIALISTIC FOR YOUR TASTE?

If he can apologise for the military accidentally burning copies of the Koran, than asking the oil companies to work on slightly less margins doesn't seen like that big of a deal.

I have a 30 gallon tank in my Yukon and IF I filled up in Santa Monica at my local Chevron station......it would cost me
$130.00.

IF is the optimum word.....since I don't generally fill the tank. No long road trips in awhile so therefore no fill ups.

Airline tickets are going to skyrocket and truckers expenses will rise and before you know it nobody will be filling their tank....because nobody will be going anywhere further than 5 miles from home.

And just a few weeks ago the economy looked like it was starting to show signs of life.

$5.00 a gallon gas prices will bitch slap that notion in a hurry!

AND THAT SLAP WILL BE VERY BENEFICIAL
TO THE REPUBLICAN
CANDIDATE

Michael Timothy McAlevey



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