Fuel Prices Dr. Michael Ford 18 August 2005 No doubt you have heard some of the justifications for the high fuel prices we have experienced in recent months. The propagandists have said we have high fuel prices because our refinery capacity has not been increased since the 1970’s. Has anyone tried to buy gas and could not because filling station tanks were empty? They have also said that we have high gas prices because OPEC has raised the price per barrel of oil. What they don’t tell you about are all the capped wells owned by oil companies in the United States where no oil is allowed to come out of the ground. That much Alaskan oil is sold overseas and China is a major recipient of Saudi and Iraqi oil is not revealed very often either. Finally, you get messages about how the British are paying $5.56 per gallon, Germans pay $5.29, and in Hong Kong it is $5.62. Well folks in Venezuela, a country which like the United States also has a ready supply of oil, gas costs fourteen cents per gallon. What is the difference? Maybe it is because our Congressmen are heavily invested in oil companies in one form or another. We might ask what happened to windfall profits legislation? Prices started up right after it expired. What is going to happen with the heating bill this coming winter? I imagine that we are going to find many people are going to keep their homes only slightly above freezing because that is going to be the best they can do. Are prices going back down? Not likely! The powers that be are going to see how much they can gouge out of Americans, and it does not matter which political party is in control. Alright, so why is this topic on the back page of your bulletin? Because rising prices, beginning with oil prices are a sign of the times. The Bible speaks of a time to come when a day’s work for the average person will buy a loaf of bread. People who lived through the depression or post World War I Europe knew that was not a farfetched idea. The signs of the march toward the end is signaled by economic troubles. Jesus is coming one day, and |
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