May 27, 2007

US Motorists Drive To Mexico For Cheap Fuel

Just look what back-to-back White House terms for two former oil company CEOs can do for your country:

And let's stop pretending it's got nothing to do with politics:

And this little story perfectly illustrates the harsh reality:
U.S. motorists are flocking to gas pumps south of the border to save 25% or more on the cost of a fill-up — courtesy of the Mexican government.

Worried about inflation, Mexican officials are keeping a lid on retail prices at the state-owned petroleum company Pemex.
Of course, what would such a US media story be without a little obligatory fear-mongering thrown in:
Mexican stations are notorious for dispensing short liters. And their fuel isn't as clean as that mandated in California. That's tough on the environment, and it could harm your vehicle too, said Rich Kassel, a clean-fuel expert with the Natural Resources Defense Council in New York. Mexico's regular gasoline is loaded with sulfur. Kassel said frequent fill-ups could wreak havoc on the catalytic converters of the newest cars and trucks sold in the U.S.
Don't let all those late-model cars running perfectly well on Mexican roads fool you folks! State-owned oil is just inherently dirty!

The irony of course is that Bush and Cheney are doing everything they can to privatise Iraq's oil resources, which used to be state-owned under Saddam. In fact most big petrol-exporting countries have state-owned industries. Even Mexico. So why can't they do it in Iraq? Because US-based Big Oil wants MONEY MONEY MONEY!!!

Also ironic is the fact that Mexico's new Bush-loving rightwing President is being forced to keep gas prices low, because runaway inflation is threatening to cause him huge social, economic and political problems. Heh. Sucker.

Bush's Big Money friends are now doing what they can to spin the horrible reality:
This week, in an apparent attempt to lessen the psychological blow to American consumers, the U.S. Energy Information Administration (EIA) adjusted its inflation calculations and made it look like gasoline prices were not at record highs after all.

But according to the numbers from both AAA and the Lundberg Survey, the EIA is whistling in the dark: The previous record was March 1981 when the national price of gasoline was $1.35, or $3.15 in current dollars. Now it's nearly $3.23.

So this is a new all-time record. Period.
Big Oil CEOs are doing their own fearmongering as well. This is from a New York Times front-page story last week:
"Some oil executives are now warning that the current shortages of fuel could become a long-term problem, leading to stubbornly higher prices at the pump. They point to a surprising culprit: uncertainty created by the government's push to increase the supply of biofuels like ethanol in coming years."
Yup, don't let all them Brazilian hybrid vehicles fool you. Non-carbon-based fuels are just inherently dangerous!

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