He is, however, more than willing to start with $5 a gallon. That’s right, Emperor Muslimtine wants your family to pay $5 a gallon so that he can finance his dreams of turning America into a theocracy. Oh, wait–that’s this guy. Sorry, I got confused.
In any event, gas prices seem poised to rise even further, which will prompt morons to demand that Obama personally alleviate the hardship caused by their poor decision to buy a used Range Rover. Moreover, because the price of oil is linked to the volatility in the Middle East, the price surge could force some rather blustery rhetoric from neocon chickenhawks:
“If we get some kind of explosion — like an Israeli attack or some local Iranian revolutionary guard decides to take matters in his own hands and attacks a tanker — than we’d see oil prices push up 20 to 25 percent higher and another 50 cents a gallon at the pump,” said Michael C. Lynch, president of Strategic Energy and Economic Research.
For the typical driver who pumps 60 gallons a month of regular unleaded gasoline, a 50-cent increase in price means an extra expense of $30 a month.
I can hear the rich guys now:
“I say, Yarmouth, let’s rile the plebes with this business. An extra $30 per month ought to do it; those poor bastards love to put people in harm’s way for the price of a dinner at Chili’s.”
Oil prices have steadily increased in part because of the tensions with Iran, though demand from China also plays its part. Yet interestingly, demand seems to be but one part of the problem: the other part, speculation:
“The bankers are speculating, protecting themselves from higher prices by committing obligations to buy now, and that starts the ball rolling toward higher prices,” said Sadad Ibrahim al-Husseini, former head of exploration and production at Saudi Aramco, the state oil company.
He added that the escalating civil turmoil in Syria, a crucial ally of Iran, “is bound to increase price volatility and that will drive future speculation.”
So, what we have here is the classic set-up for American politics: the Republitards will blame Obama for rising gas prices, citing his energy policy, and use those prices to rile the idiot base. They will also appeal to the violent, nationalistic instinct present in the American populace and demand military action in the name of patriotism; failure to act, they will claim, proves that Obama sympathizes with Muslims and hates America. Meanwhile, banks with billions of dollars in holdings will speculate on the price of oil, driving the prices ever-higher, which will create record profits for the oil companies that do business with the banks.
And worst of all, because of rising gas prices, you won’t even be able to afford a consolatory dinner at Chili’s. Well, maybe a dinner. But you’ll only be able to get one appetizer. And it’s just so hard to choose.