Remember when
OPEC's entire purpose was to limit supply and maintain price?
I have often wondered how much the anti oil,
anti drilling agenda is being promoted by big oil itself.
A country awash in oil must control supply to control price and keep profits huge, whether that country is in the middle east or right here in good old USA.
Think about it.
Both parties stand to gain huge cash payouts.
One party claims to be for more drilling, the other party claims to oppose it and it's all a "good cop, bad cop" racket!
Meanwhile supply is limited and prices/profits maintained.
Strange bedfellows: Big Oil and Democrats
BP and its employees have given more than $3.5 million to federal candidates over the past 20 years, with the largest chunk of their money going to Obama, according to the Center for Responsive Politics. Donations come from a mix of employees and the company’s political action committees — $2.89 million flowed to campaigns from BP-related PACs and about $638,000 came from individuals.
Soros invests $811,000,000 to drill for oil in Brazil and the president shuts down drilling at home.
Hmmm
Then there is Tom Steyer: (The billionaire political operative donor that Harry Reid never mentions.)
Apr 27, 2014 · He tells Barack Obama and ... Steyer has promised $100 million ... the U.S. government should shut down the existing 100,000 miles of pipeline in North America.
You’ve got to hand it to billionaire Tom Steyer. He tells Barack Obama and Harry Reid to jump, and they obediently reply: How high?
Mr. Steyer pulled off the policy coup of the year last week when the White House announced it would place the Keystone XL pipeline in regulatory purgatory for another six months at least. Mr. Steyer has promised $100 million to Democrats to beat back Republicans in the midterm elections this fall, and the campaign funds have already paid off in the scuttling of this $3 billion pipeline project.
But all of this is a sideshow to the really big question here, which is whether the GOP leaders are smart enough to capitalize on this Keystone blunder.
But do the Repubs really want to do anything but get paid to fuss?
Edited by Rogerdodger, 21 May 2014 - 09:26 AM.