CA on sidelines as brown energy revolution unfolds

CA on sidelines as brown energy revolution unfolds

gas-prices2In the 41 years since the OPEC cartel begin throwing its weight around, U.S. consumers have gotten used to fluctuations in the price of gasoline. The dynamics have gotten pretty stable in recent decades as OPEC has deradicalized. In the summer, the price goes up because demand increases. And when there are wars or unrest or conflict of some kind in major oil-producing nations, the price goes up.

But this summer, we’re seeing something freaky. Prices are going down, even with unrest in many oil-producing nations and rising tensions throughout the Middle East. The Christian Science Monitor has the details:

The average US gas price is now $3.52 per gallon, according to a Thursday report released by automotive group AAA, making current prices the lowest since March of this year. This July, US consumers saw a bigger drop in gas prices than in any July over the last six years. The price at the pump fell every day but one over the course of the month, according to AAA. Gas prices generally rise in the summer months, as Americans hit the road and drive up demand for gas. The federal government also mandates that refineries produce a more costly, lower-emission blend of gas in the summer – and those increased costs are passed onto motorists. …

Though forecasters expected that expanded domestic oil production would translate into good prices for consumers, they couldn’t have predicted prices quite this low.

July gas prices drop by amount they usually increase

Gas prices have averaged going up 16 cents in July in the U.S. This July, they went down 16 cents.

The fracking revolution is real. The 21st century was supposed to be when green-energy sources took over from fossil fuels. But instead, fossil fuels are having a renaissance, almost entirely based in the U.S.

It’s why the U.S. is now the world’s leading producer of both oil and natural gas. It’s why a nation that used to consider energy independence a major foreign-policy goal could soon be on the brink of becoming a major exporter of oil and natural gas. And it’s why we see freaky things like plunging gasoline prices in the summer in a world of rising unrest and discord.

California could join in this Texas- and North Dakota-led revolution. Occidental Petroleum believes the state has more recoverable oil than Texas and North Dakota combined.

But so long as the green religionists control so much of state government, the Golden State is likely to stay on the sidelines — and only enjoy the indirect benefits of fracking: lower gas prices. Not the direct benefits of well-paying jobs and a revenue gusher.

Great. Just great.

4 comments

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  1. Tesla_x
    Tesla_x 6 August, 2014, 11:09

    Not Green Religionists…Traitors.

    http://www.epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=8af3d005-1337-4bc3-bcd6-be947c523439

    Look into their money laundering through offshore NGOs and nonprofits.

    Then cross reference with this:

    http://www.jlcny.org/site/index.php/gasland-the-movie/490-josh-fox-working-with-venezuelan-and-subverting-american-natural-gas-efforts

    Gasland and the Russians?
    http://www.nohotair.co.uk/index.php/shale-gas-2014/223-energy-policy/3138-gazprom-s-network-of-useful-idiots

    http://www.mercatorenergy.com/wordpress/wp-content/uploads/2013/06/scan0005.pdf

    The Promised land and Middle East money?
    http://nymag.com/daily/intelligencer/2012/09/gulf-oil-emirs-bankrolling-anti-fracking-film.html

    Laws regarding foreign agents:
    http://www.fara.gov/rstatutes.html

    Note also the role the FOREIGN MONEY and billionaire funded NRDC in causing the worsening of a drought in Kalifornia by wasting millions of acre feet over several years for a common fish.

    Water and energy sabotage on a massive scale.

    Dig more and find more.

    Useful idiots and traitors.

    Reply this comment
  2. Michael J. Bogenholm Sr
    Michael J. Bogenholm Sr 7 August, 2014, 11:03

    Yeah not only is the state of California screwing us by making us pay the most for a gallon of gas in the country! Their adding new taxes to raise gas prices in the state and wont help us the consumer by letting drilling happen and production to go up to lower the cost of a gallon of gas! Way to go California!

    Reply this comment
  3. Ulysses Uhaul
    Ulysses Uhaul 9 August, 2014, 23:38

    Be patient…..a 50 cent per gallon gas/carbon tax will be economic patriotism for all those Californians who pay no income taxes….sorta like that redistribution thingee Doomers dread….

    Yep. It takes a Village…..cause no driving sap did anything on his own.

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