So here is the deal......
Oil's surge in 2010 paves the way for $4 gasoline
The price of oil is poised for another run at $100 a barrel after a global economic rebound sent it surging 34 percent since May. That could push gasoline prices to $4 a gallon by summer in some parts of the country, experts say.
Flying, shipping a package and ordering a pizza all likely would get more expensive in the new year if that happens and companies pass along higher energy costs. Some economists say rising energy prices will slow economic growth.
See the problem.... Every time the economy begins to stagger to its feet, the speculators jump in and begin bleeding it once again. And over the last five years since hurricane Katrina, that has meant to periodically jack up the prices of oil, while they rake in the billions for their efforts.
Never mind that there is no more sure fire way to pour water on the embers of economic recovery, than to raise gasoline prices 25% for no apparent reason. (not counting the doubling of fuel tax that many in Washington are wanting to impose). The global economy is teetering on the edge of collapse and we here in America are barely moving forward at all, yet the speculators are prepared to and have already begun the process of kicking us in the collective gut once again.
I remember working for minimum wage forty years ago. $1.60 an hour. Gasoline was 27 to 28 cents a gallon for regular back then. Now, do the math. The present minimum wage is on a sliding scale. Ranging from $5.15 to $8.25 an hour.
Gasoline is already at $3 a gallon and now they are saying it will reach $4 once again by Memorial day. So how can someone making minimum wage, (even on the high scale) compete with those prices compared to their earnings? They can't and I submit, that this is part of the plan. The plan to spend billion more hustling public transportation, while continuing to kill the auto industry via contrived pricing, government regulation and taxation.
It makes no difference if there is presently a weak industry recovery, as long as the price of fuel continues to climb, then the affordability factor becomes less and less for the average American. Which translates into fewer cars, more lost jobs and more dependency on government and yes, a complete crash of the economy.
Perhaps once the government begins handing out cans of dog food and small bags of rice and telling the populace to be happy with that or else. Perhaps then the people will realize that there actually was a plan afoot to enslave them.