Authored by Brandon Smith via Alt-Market.us,
There is a narrative being spread within leftist/socialist circles by media celebrities and White House cronies, and it is this: Paying high prices for oil and gas is actually a GOOD thing.
But why is it a good thing to these people? How do they benefit?
Spoiler Alert: It has nothing to do with punishing Russia economically.
As I write this article crude prices have somewhat stabilized around $110-$115 a barrel, which translates to a little over $4 a gallon for gas across most of the country. I don’t expect this to last very long. My guess is that regular gasoline will end up in the $7 to $8 per gallon range before US shale oil roars back and balances out the market. I realize that this is a conservative estimate and perhaps a best case scenario. Gas could go much higher depending on speculation in oil markets as well as continued government interference from the Biden Administration.
The big secret is that gas prices were already going to inflate to epic highs, the Ukraine event is not a catalyst, it’s just adding a little petro to the house fire. The fact is, there are some people out there that are desperate for prices to go much higher regardless of what happens in Ukraine.
This past week, late night “comedian” and establishment shill Stephen Colbert declared that he was willing to pay as much as $15 a gallon for gas, because he owns a Tesla (this is the same guy that danced around with walking/talking syringes to promote experimental covid vaccines for pharmaceutical giant Pfizer). To understand elitist clowns like Colbert you have to realize that he is a rather new iteration of the old Operation Mockingbird propaganda model.
Let’s set aside the prospect that Colbert is a complete idiot who doesn’t seem to grasp that the electricity that charges his Tesla is most likely generated in part or in full by natural gas, oil or coal. The cost of charging up his car is going to inflate right along with normal energy prices. Instead, let’s consider the possibility that Colbert is simply regurgitating a narrative that was assigned to him, just as he has done in the past.
Decades ago, Americans were fed lies and misinformation primarily by the corporately controlled mainstream media because we used to care about what the MSM had to say. Today, almost no one cares about the MSM and their dismal audience numbers prove that. There are alternative media channels on YouTube and alt-news websites that crush CNN and MSNBC numbers. We dominate them. That said, there are still leftist outlets that get high traffic, and they are primarily comedy shows.
Colbert still enjoys hefty audience numbers of around 1 million of more viewers per video because this is how younger people have learned to digest their news content – through mediocre comedy. This model was rather successful in the old days of Comedy Central and the Daily Show with John Stewart. I will say that Stewart was at least fair in that he criticized his own side almost as often as he criticized the political right. But, that kind of self examination no longer exists on the left.
Colbert in particular must have been invited to a gay old time at Bohemian Grove or some other elitist getaway camp because he now acts as if Biden’s arm is halfway up his posterior, controlling him like a sock puppet. His show certainly receives ad revenues from Pfizer considering his parent company CBS has extensive marketing deals with them, but his relationship with the White House is a little less clear. What we do know is that Biden has been very active in attempting to reinforce his already comfortable relationship with social media companies and mainstream journalists; so why not late night talk show hosts also?
There’s more than a few talking heads out there promoting the “expensive gas is good” idea. There’s a host of politicians and celebrities including the ever obnoxious George Takei of Star Trek fame who claims that paying higher gas prices is worth it if it means doing damage to Putin. Then there’s White House Transportation Secretary Pete Buttigieg, who argues that the solution to high gas prices is, once again, for Americans to start buying electric cars and for the government to spend billions in taxpayer dollars to develop fleets of electric buses.
“Today is about how we can deliver cleaner air, a better climate, affordable transportation, and good jobs all at once…” Buttigieg said. Obviously, none of this is true.
Biden and many other Democrats have been enthusiastic about high gas prices as if the American people are confusing a win for a loss. Interestingly, only a few years ago in 2019 Democratic governors demanded an end to federal gas taxes to alleviate consumer prices. This was back when gas was only around $3 a gallon nationally. So what changed?
It should be noted that many of the policies being presented to the American public as solutions to Russian oil sanctions and energy inflation are identical to policies that were part of the Green New Deal, a program designed to completely cut off the US from oil using carbon controls and carbon taxation. Isn’t it convenient that the Russian/Ukraine crisis has facilitated a vehicle for such policies to be implemented?
There’s a few problems, though.
For one, Russian oil only makes up around 3% to 4% of US crude imports. The media and the White House have attempted to misrepresent the percentage by adding in “refined products” from Russia to boost the numbers as high as 8%. This is false. In fact, Russian crude is a tiny portion of foreign oil imports to the US.
This means that cutting Russian oil exports to the US has NOTHING to do with rising prices. The two things are unrelated in terms of supply and demand. Celebrities like Stephen Colbert and George Takei look doubly stupid because sanctions not only don’t hurt the Russians, they also don’t explain why prices are so high in America.
Biden’s electric car initiatives are strange in light of the fact that inflation is already straining people’s pocketbooks yet the government is suggesting those same struggling Americans buy $50,000 to $100,000 vehicles. None of this actually addresses the root causes of the inflation we face. Rather, Biden and leftists seem to be saying “We aren’t interested in fixing the problem, you are just going to have to adapt in the ways we want you to adapt…”
Clearly, the establishment does not want the public to question the real triggers for the inflationary disaster we are witnessing. This is illustrated very well in an article I found by CBS declaring that any suggestions that high oil prices are somehow tied to Biden’s electric car program is “conspiracy theory” related to QAnon.
This is bizarre. For one, there really aren’t many people out there suggesting that high oil prices are only about forcing people to buy electric cars (and CBS gives no proof of this narrative). That said, I live in the world of conspiracy reality, not conspiracy “theory.” What I do see on a regular basis are people pointing out that gas inflation and overall inflation started LONG before Russia invaded Ukraine; it’s just that now Biden has a scapegoat to blame high prices on while also instituting Green New Deal actions.
Joe Biden and his shameless press secretary Jen Psaki have consistently argued that Putin is the primary cause of inflationary pressures, but inflation in the US hit a 40 year high as early as December of last year; even the World Economic Forum admits this.
CBS and other corporate media outlets seem to be aware of the truth and the complaints that are about to spread across the country and they are attempting to preempt the unrest by calling anyone that questions the narrative a “crazy tinfoil hatter.”
Here are the facts:
The US Dollar is not only the world reserve currency, it is also the global petro-currency. Meaning, almost all oil to this point has been bought and sold using dollars.
When the dollar faces aggressive inflation and devaluation, one of the very first signals or warning signs is higher oil prices. As the dollar fails, oil prices will spike. This can sometimes be mitigated by a flood of supply on the market as we saw under Trump (the US was a net exporter of oil only a couple of year ago), but the bottom line is that eventually dollar devaluation wins and oil goes higher. This warning signal is a problem for the establishment because they don’t want the public to realize that dollar devaluation is the issue. If the public knew that, then the public would realize that the establishment elites are the cause.
In turn, the elites and the Biden Admin are using the Ukraine war as a distraction to divert blame. Russian oil sanctions have little to no bearing on US oil supplies, but massive fiat printing of dollars by the Federal Reserve does.
The central bank has created tens of trillions of dollars from thin air since the credit crash of 2008 in order to hold the US economy back from complete deflationary collapse. But this was always a stop-gap and the Fed and the establishment knew that the resulting inflation would eventually strike, it was only a matter of time.
In 2020 alone, the Federal Reserve created $6 trillion of new money supply in the wake of foolish and unnecessary nationwide covid shutdowns. This in combination with the destabilization in markets caused by the response to the pandemic is leading to expanding inflationary pressures. THIS IS A FACT. It is not covid. It is not Russia. The cause of inflation is and always will be dollar printing by the Fed. PERIOD. Everything else is peripheral to the primary culprit.
Beyond the advantage of using Russia as a smokescreen to hide their culpability for destructive inflation, the establishment is also very interested in a carbon control agenda. These same elites have been calling for higher gas prices for years. Why? Because higher gas prices would force the public to accept the Green New Deal agenda as the only alternative. Carbon controls mean governments would be able to micro-manage every aspect of business, manufacturing, trade, even the way we function in our homes or the number of children we are allowed to have.
For those that actually believe in global warming nonsense posited by leftists and government paid researchers, I would remind them that even the NOAA admits that in the past century temperatures have risen a mere 1 Degree Celsius.That’s right, just one degree in over a hundred years. Gee, that’s terrifying. Where do I sign my life and freedoms away? I don’t want to have to deal with a more thorough tan.
Furthermore, there is no hard scientific proof whatsoever that this 1 degree increase was caused by carbon emissions. None. Zip. Zero. There are plenty of rigged experiments and rigged data that have been exposed in the past, but nothing concrete to show any correlation between carbon and rising temps. (I’ll give you a hint of what has the most influence on Earth’s temperatures – It’s the size of one million Earths, it’s on fire, and you can often see it hovering above us in the sky).
Carbon emissions policies serve no practical purpose but they do serve a nefarious purpose as a means to dictate the lives of the average citizen on a micro level.
It is perhaps not coincidental that puppets like Stephen Colbert and other leftists have suggested that $15 is a fair price for gasoline. Independent studies by groups like the Institute for Energy Research show that Green New Deal measures including carbon taxes would ultimately result in gas spiking to around $13 per gallon. Add in some market speculation and prices would probably plateau around $15. But hey, if prices are already hitting historic highs because of inflation and war, then why not go along with carbon restrictions as well? No one will be able to afford the cost of driving anywhere anyway. See how that works?
To summarize, the elites are happy about rising oil prices today because first, they now have a perfect scapegoat for the disasters inflation will reap; disasters they are responsible for. And second, they now have a backdoor way to introduce their carbon agenda, starting with forced public dependency on expensive and less efficient green technologies and slowly progressing towards total carbon restrictions.
Average leftists are happy about rising gas prices because they ignorantly believe that sanctions on Russian oil hurt Putin. They also ignorantly believe in global warming and they don’t realize how drastically our standard of living will be reduced in the name of carbon dictatorship. In other words, this isn’t a conspiracy to force people to buy electric cars; most people can’t afford a Tesla anyway. But it is a conspiracy to undermine our prosperity and our freedoms through inflationary crisis as well as green energy mandates. Leftists have no understanding of this. They are happy because they are dumb.
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Since the best shale oil prospects have already been tapped, and investors still lost a lot of money on shale, don’t look for shale oil to come “roaring back”…it won’t…..
Read, “The Deep Hot Biosphere”.
Its good to inject Mark of the Beast and get VAIDS, blood clots and strokes. Its the left’s version of MAGA!!!
Read the book 15 years ago, then foolishly gave it away, like many other good books I have had. The ideas and information dovetail nicely with other information that I have found elsewhere.
False. The US was a net exporter only two years ago until Biden came along and interfered with exploration and the pipeline. The US has some of the largest oil fields in the world. This is a fact.
Time to get a bike, and don’t forget to remind Foo Foos not to litter. Keep America green.
Did that guy just run over the bicyclists head?
No worries . He had a helmet on. They’re for you own safety, you know.
Damn, did that car run over his head?
It’s okay, guys, he was wearing a helmet.
I really hope this white leftist virtue signal was worth getting knocked out and then having your head run over by a car.
Not sure about worth, but fully deserved, every leftist deserves swift death at the bullshit they wish for everyone to suffer. And you know this retard is either a leftist or a cuckservative because every single person with a functional brain in the right understands how it goes with niggers.
Somewhere an Indian is crying
Living around Memphrica, I am fully aware of the mass amounts of litter these people throw out. My property in on a state highway and I have to spend 5 – 10 minutes policing the ditch every week.
Also as A P so aptly states “never relax around one of them”.
You mean niggers? Brown people tend to not care about garbage everywhere. Something to do with melanin.
He forgot to duck.
He violated several rules for dealing with Bantus.
And the author forgot the most important argument of all, CO2 is plant food! Chip
The elite progressive will be fine with it. Hopefully it will turn the tide to common sense for the middle class or at least enough of them to buy us a couple more years of some sort of sanity. Oh wait never mind all is lost.
There is this ongoing fallacy that the FEDERAL RESERVE “Prints money out of this air”. This is not true! Yes, they print ($ 1.3 Trillion)some but the majority has been stolen from the accounts of people holding assets in US banks.
Money is governed by a set of rules that are not understood by the general public. By carefully changing the rules, it isn’t so much that the supply of money is increased for everyone, but rather, the government and other insiders can take control of other people’s money, spending that cash to shape the financial markets while funding government spending, without the person whose money is being used having any idea that this is happening. This is a sophisticated strategy for harvesting money by stealthily exploiting the savings of the public, which is a very different thing from simply running a printing press.
As explored in Chapter Nine, this spending of the nation’s bank accounts has necessarily created a hollowed-out banking system. When we reverse directions and move backwards through the three 1-2-3 triangles, tracking the debts instead of the cash, then we find a chain of hollow debts. The government has already spent our money, it’s gone.
Yet, on the surface – everything looks fine. We can all seem to spend the money in our bank accounts at any time. To understand how this can be, how a hollowed-out financial system can seem perfectly normal (until it doesn’t), we will go beneath the surface and learn “The Secret Of Banking”, which turns out to be very similar to “The Secret Of The Federal Reserve”, which turns out be remarkably similar to “The Secret Of The National Debt.” Once one understands the common underlying mindset – that is not at all understood by the general public – then much of the seeming complexity falls away, even as our views may turn upside down on what money in the bank really is, as well as the real nature of personal financial safety.”
THE MAJORITY OF MONE Y (currency, it’s not money) HAS BEEN STOLEN FROM ($TRILLIONS) AND IOUs ARE IN OUR ACCOUNTS. If everybody was to close their accounts, IRAs, etc. Only then would they realize the theft has already occurred and they have no money (currency in these accounts.
Read more here-
http://danielamerman.com/va/HollowOutOne.html
Money is just credit….always was. It doesn’t have to be backed by anything or even paid back Get used to it. The government tells you they’re broke when you want something like infrastructure or security, but when they want something , e.g. war, death , destruction , money is no object. Billion for wars, let the dirt people eat shit.
Stop focusing so much on money. It will not save you.
Debt: The First 5,000 Years
“ World War II ended the “depression.” The same Bankers who in the early 30’s had no loans for peacetime houses,food and clothing, suddenly had unlimited billions to lend for Army barracks, K-rations and uniforms! A nation that in 1934 couldn’t produce food for sale, suddenly could produce bombs to send free to Germany and Japan!… Germany issued debt-free and interest-free money from 1935 and on, accounting for its startling rise from the depression to a world power in 5 years. Germany financed its entire government and war operation from 1935 to 1945 without gold and without debt, and it took the whole Capitalist and Communist world to destroy the German power over Europe and bring Europe back under the heel of the Bankers. Such history of money does not even appear in the textbooks of public (government) schools today. ”
Sheldon Emry
Billions For Bankers, Debts for the People
https://archive.org/details/Billions20for20the20bankers
Pretty sure THIS is irony. Even a child perceives ‘worth’ in paper money, loose change even. ‘Worthless’? Not until we are bartering food for water, Other necessities. Better get your hands on as much cash as you can?
It’s the devil we know
You’re confused…when someone says they “print money out of thin air” they are also referring to credit creation, not just physical dollars. Also, you greatly overestimate how many dollars the public actually has in accounts – There’s nowhere near enough in accounts to cover the amount of dollars and debt the Fed has conjured up. Even overall net worth, which includes everything every American owns from houses to cars to savings, doesn’t cover the amount of debt the Fed has created. The only way to cover it is to print from thin air. This is a fact.
Hence the need to go from a paper to a digital fiat… oh, and its for your safety…
All part of the agenda…
War is Peace…Poor vs rich, well off vs. not so well off…class warfare at its finest, arranged.
Ignorance is Strength…dumb vs. smart, there’s alot more dummies than smart people, quantity has a quality all its own.
Freedom is Slavery, perhaps better said…”free dumb is slavery (to stupidity)…
Wake up folks, the great unwashed masses are useful cattle to the Elites and nothing more. But we out numberthem for now. Never stop resisting and fighting. The End is closer than we think.
We will never run out of petroleum. It’s just a giant scam to try to turn us into slaves. This same “running out” bull shit has been around for decades and every time we turn around they find more deposits. If they can control petroleum, then they can control us.
We will never run out of passenger pigeons or trees on Easter Island.
Because they want you dead?
Gas prices make fertilizer unaffordable?
I’ve been keeping a lot of the Lord’s fat in jars here and I don’t think He’ll mind if I use some in our tractor, blended with other types of vegetable oils, which are easy to collect from local greasy spoon gas and grills.
Consider a diesel tractor. Oh, and get some biology information. It might save your life and your property.
How many hogs will it take to plow the back 50 ?
I’ll let you know because I’m working on it right now.
Can’t wait for Globohomoschlomo to give Elon Musk a trillion FDR credits to develop the electric tractor.
flash
I know from when we had our hogs that 10 will turn up every inch of a 1.5 acre plot of dirt down to about six to eight inches. In about a month with hogs at 12 weeks age its mostly turned over but shallow. They go deeper as they get bigger, obviously.
What I would do is in the fall is rototill the field after the hogs were sold off and ours in the freezer. This just leveled and made the soil more consistent, then I seeded with a winter cover. Rinse and repeat the next year.
I would add that probably fewer hogs would do the same thing. Probably five would have the same area turned over easily.
I think everything goes back to the “Green New Deal” and their climate change agenda. Of course we all know that their agenda has nothing to do with the climate. They want to control the masses. They keep telling people to buy an electric car. I went and checked what was available for EVs in my area. The average cost was 50k. There are a couple dinky EVs like the Bolt or the Focus in the 20s, but they are used and a few years old with high miles. If I were to have a comparable vehicle to mine as far as features and power I would need a $60,000 Tesla. They want to price the average person out of owning a vehicle so they can take the bus. Nearest bus service to me is 30 miles. They are no longer hiding their intentions.
Bingo. They’ve been at it awhile, but only gradually. Like everything else these days, they’re ramping it up.
The goal is to keep people from moving around freely, haven’t we already come to understand that? Shelter in place and lockdowns are the exercises you do in morning PT to get you prepared for the real activities ahead. Same with the gas standards, the electric car push, TSA screenings, etc. All of it is a channeling tactic to get people used to smaller and smaller spheres of movement where tighter controls are more readily implemented. There is never going to be a return to cheap gas anymore than there will be to cheap food or housing.
Control everyone at every level, remove more freedoms until eventually the people no longer think of any of this as unusual and you’ve saved on the draconian implementation of force. It’s all voluntary, in a way. Nudge them instead of giving people the bums rush right up to the chute outside the abattoir.
They have to be reminded.
Maybe we can revisit this in 12-24 months. If we still have internet access. The people who are left after the food riots and the shot die off will either be herded into cities or fighting to retain their rural community co-ops that have been set up.
I believe that so much that we scrambled to sell our house and buy a new one before they cut it off. I still don’t know the timeline, just the goal -reduced freedom of movement.
Since destroying the economy is the goal why would the government try to fix any problem? No point in fixing problems you created on purpose! Our government has declared war on the citizens (slaves).
Federal Reserve manipulation of the stock market to keep the MANIA alive. Explained here.
MARGIN DEBT chart updated.
https://realinvestmentadvice.com/feds-qe-is-over-until-it-comes-back/