Sunday, June 30, 2013

US oil production on the up and up!

Here is the evidence that the US oil production is on the up and up:
http://blogs.wsj.com/economics/2013/06/29/number-of-the-week-u-s-oil-boom-affecting-global-prices/?mod=WSJ_hp_LEFTWhatsNewsCollection
and thank God, but . . . !
The 'but . . .' in the above article is about the brilliance of Capitalism-as-practised-in-the-West-today for now comes the reasons, the explanations, rationalization, excuses for WHY the price of oil and hence the price of gas at the pump cannot come down. And all the reasons, the explanations, rationalization are all so reaonable, explanable, rationalizable and plausible. They all serve to underpin the current practice of Capitalism-in-the-West today to make more and more and more and more and more and . . . $$$$$$$$$$$$$$$$$$$$$ to the disregard of:
                                      the common good
and
                               the common collective good.

If we believe what is offered, we will pay and pay and pay and pay and pay . . .!









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