Bob McPhail 4:30 p.m., Sept. 16
- Community Blog
- As the Sun Cafe goes on
Update San Diego, 11/08/2011
I now see why crude oil prices have gone up in the United States. Corporate management only owns 2.8% of the oil and natural gas companies in the U.S.. Pension funds, IRA's and Mutual funds own 69.5 % of them allowing them to pick the price that they want to adjust to the life style that they want. Only a king could do that any where else in the World. Green energy will break up this kingdom but I would not expect it any time soon. Green energy is being financed by the government and foreign investors, which will allow the government and them to make up for the lost taxes and build their oun life style in the U.S., from less oil use, but will it be done for the good of the American people or for the wealth of the government pensions and foreigners?. In any event we are are the mercy of the energy providers and the only way out is to have a farm and produce your own manure for energy.