Stop Annoying Me

What an absolute crock of sh** gas prices are. They are back over $4.00 a gallon again due to the shutdown of refineries in the gulf. Apparently, they make just barely enough gas each day to keep the US running so when they lose production for even a day or two, prices skyrocket. If that is the case, shouldn’t I be seeing gas lines and stations closed because they are out of gas to sell?

In the 70’s, the fuels crisis was easy to understand. Simply put, there was not enough gas to go around. So, you waited in line at whatever station had fuel to sell. In this crisis, the amount of gas available doesn’t seem to be an issue at all. I have yet to see one gas station closed down. In fact, there is such a glut of oil, that prices are down to roughly $95 a barrel. Wasn’t it about $145 a barrel this summer? So a 35% decrease in oil costs equals record highs in gas prices. That kind of math is even pi**ing off my abacus.

While the chants of “drill, baby, drill” were happening and the argument was on about off-shore drilling, where was the conversation about refineries? Hasn’t that been a huge problem for the last 20 to 30 years? Are any of the oil companies taking their record profits to build new refineries? (That was a rhetorical question). The answer is, “Oh, hell no!”

Let’s just face the facts. We may have the single most inept government in the history of this country. From the President on down…various levels of outrageous stupidity and incompetence. While Freddie, Fannie, Lehman, AIG and others go to hell in a hand basket (a rather large hand basket at that), we should all be chanting, ”burn, baby, burn” because our financial house is burning to the ground. (The only good news is that there is no actual money in the house because we already spent it all).