http://www.jpost.com/servlet/Satellite?cid=1215331116435&pagename=JPost%2FJPArticle%2FShowFull

http://www.brasschecktv.com/page/32.html

And that, my friends, is American foreign policy in a nutshell.

http://www.israelnationalnews.com/News/News.aspx/126951

Huge sums of money flow from citizens of this country to the major oil companies (paid at the gas pump) and to Washington, D.C. (in the form of taxes).

Once that money has left our pockets, it then remains indefinitely within a closed loop, moving back and forth between the Big Oil and their friends in Foggy Bottom.

Any guess as to who Big Oil wants to see in the White House?
According to opensecrets.org, the donations from the oil/gas industry to date are as follows:
McCain (R) — $1,039,768
Obama (D) — $351,550

If there was a way to directly invest in the corporate purchase of influence in Washington, D.C. and then share in the resultant spoils, the performance of all other investment vehicles would pale by comparison.

We have an administration that has as our Deputy Secretary of State a guy that has people that get in the way of the administration he works for killed!

I wouldn’t put it past the Cheney/Bush administration to use every bit of the “skills” of Negroponte to make this problem go away for Chevron before Jan. 20, 2009.

“Principle is okay up to a certain point, but principle doesn’t do any good if you lose.” – Dick Cheney, espousing Rethuglican family values

http://peureport.blogspot.com/2008/07/exxon-begs-supremes-for-greater-valdez.html

The funny(?) thing is that “big oil” hasn’t really been pushing for new leases or more drilling on existing leases. The only people with their undies in a bundle about more drilling are Bush, McSpin, and a bunch of nuts.

Make that “a bunch of congressional nuts.”

One must assume the Texas republican representatives and senators are all store-bought, and preprogrammed.

The big threat is now to shut down both houses of congress, with “continuing resolutions,” much like Gingrich did in the Nineties.

July 27th, 2008 at 1:06 am

The funny(?) thing is that “big oil” hasn’t really been pushing for new leases or more drilling on existing leases. The only people with their undies in a bundle about more drilling are Bush, McSpin, and a bunch of nuts.

Big oil isn’t going to make big investments when they are profiting from the volatile, peak, market. They won’t invest in refineries, pipelines or even transport for a soon to be shrinking demand. The great fallacy of the drilling nuts is the presumption of an ever increasing demand.

Big oil won’t call for more drilling until the bubble bursts. And then it will be to beg for tax breaks, and government loans, to pay for modern, efficient, infrastructure they should already be building for the future. That would include facilities to produce greener renewable fuels.

Heck! Demand has already gone down, in most places, for two or more consecutive months. The futures/commodities market is already starting to “sell short” and take “preventive losses”. The next few weeks, or months, will see countless billions pissed away on crude being prematurely released to market, causing an immediate increase in supply.

As the Reichwingers are so fond of saying, “the Free Market will correct itself” and it will happen before anyone can make a credible case for more drilling.

We might even be smart enough to follow the World’s lead and switch to small, efficient, vehicles that, in the near future, will use little or no petroleum while the oil companies will be forced to invest in renewable fuels by the laws of supply and demand.

Soon it will become more profitable to make fuel out of things other than petroleum. And you can damn well bet the oil executives know that.