THURSDAY STUFF - #22

THIS IS INTERESTING!

BILL PHILLIPS HAS SPENT NEARLY FIFTY YEARS IN THE U.S. GAS AND OIL INDUSTRY; MOST OF HIS CAREER WAS SPENT WITH THE PHILLIPS PETROLEUM COMPANY. BILL IS A DESCENDANT OF FRANK PHILLIPS, WHO, ALONG WITH HIS BROTHER LEE ELDAS (L.E.) PHILLIPS, SR., FOUNDED THE ORIGINAL PHILLIPS PETROLEUM COMPANY IN 1917 IN BARTLESVILLE, OK. REMEMBER THE PHILLIPS 66 GAS STATIONS? PHILLIPS PETROLEUM MERGED WITH CONOCO, INC., IN 2002 TO FORM THE CURRENT CONOCO/PHILLIPS OIL COMPANY.

SO, WHEN BILL TALKS ABOUT OIL AND GAS ISSUES, LISTEN VERY CLOSELY. YOU WILL FIND BILL’S THOUGHTS AND FACTS VERY REVEALING, VERY COMPELLING AND VERY DIFFICULT TO ARGUE WITH.

AS YOU PREPARE TO CAST YOUR CRUCIAL BALLOTS THIS FALL, PLEASE THINK LONG AND HARD ABOUT THE FAR-REACHING, CUMULATIVE EFFECTS OF THE U.S. POLITICAL PHILOSOPHIES, POLICIES AND LEGISLATION THAT HAVE CONTRIBUTED TO THE CURRENT AND FUTURE U.S. OIL SUPPLY SITUATION.

HERE IS WHAT BILL PHILLIPS HAS TO SAY:

“DID YOU KNOW THAT THE UNITED STATES DOES NOT HAVE ANY BIG OIL COMPANIES? IT’S TRUE: THE LARGEST OIL COMPANY, EXXON-MOBILE, IS ONLY THE 14^TH LARGEST IN THE WORLD, AND IS DWARFED BY THE REALLY BIG OIL COMPANIES—ALL OWNED BY FOREIGN GOVERNMENTS OR THEY ARE GOVERNMENT SPONSORED MONOPOLIES—THAT DOMINATE THE WORLD’S OIL SUPPLY.”

“WITH 94% OF THE WORLD’S OIL SUPPLY LOCKED UP BY FOREIGN GOVERNMENTS, MOST OF WHICH ARE HOSTILE TO THE UNITED STATES, THE RELATIVE PUNY AMERICAN OIL COMPANIES DO NOT HAVE ACCESS TO ENOUGH CRUDE OIL TO SIGNIFICANTLY AFFECT THE MARKET AND HELP TO BRING PRICES DOWN. THUS, EXXON-MOBILE, ‘SMALL’ OIL COMPANY, BUYS 90% OF THE CRUDE OIL THAT IT REFINES FOR THE U.S. MARKET FROM THE BIG PLAYERS, I.E., MOSTLY-HOSTILE FOREIGN GOVERNMENTS. THE PRICE AT THE U.S. PUMP IS RISING BECAUSE THE PRICE THE BIG OIL COMPANIES CHARGE EXXON-MOBILE AND THE OTHER SMALL AMERICAN COMPANIES FOR CRUDE OIL IS GOING UP AS THE VALUE OF THE AMERICAN DOLLAR GOES DOWN. THEY WILL EVENTUALLY BLEED THIS COUNTRY INTO PRINTING EVEN MORE MONEY AND WE WILL GO INTO RUN-AWAY INFLATION ONCE AGAIN AS WE DID UNDER THE CARTER DEMOCRATIC ADMINISTRATION.”

“THIS IS OBVIOUSLY A TOUGH SITUATION FOR THE AMERICAN CONSUMER. THE IRONY IS THAT IT DOESN’T HAVE TO BE THIS WAY. THE UNITED STATES—UNLIKE, SAY FRANCE—ACTUALLY HAS VAST PETROLEUM RESERVES. IT WOULD BE POSSIBLE FOR AMERICAN OIL COMPANIES TO DEVELOP THOSE RESERVES, PLAY A FAR BIGGER ROLE IN INTERNATIONAL MARKETS, AND DELIVER GAS AT THE PUMP TO AMERICAN CONSUMERS AT A MUCH LOWER PRICE, WHILE CREATING MANY THOUSANDS OF JOBS FOR AMERICANS. THIS WOULD BE INFINITELY PREFERABLE TO SHIPPING ENDLESS BILLIONS OF DOLLARS TO SAUDI ARABIA, RUSSIA AND VENEZUELA TO BE USED IN PROPPING UP THEIR ECONOMIES AT THE EXPENSE OF OUR OWN.”

“SO, WHY DOESN’T THIS HAPPEN? BECAUSE THE DEMOCRAT PARTY—AIDED, SADLY BY A HANDFUL OF REPUBLICANS—DELIBERATELY KEEPS GAS PRICES HIGH AND OUR DOMESTIC OIL COMPANIES SMALL BY PUTTING MOST OF OUR RESERVES OFF LIMITS TO DEVELOPMENT. CHINA IS NOW DRILLING IN THE CARIBBEAN, OFF CUBA WHICH WILL RESULT IN THEIR SUCKING OUT OIL THAT LIES UNDER OUR TERRITORY, BUT OUR OWN COMPANIES ARE BARRED BY LAW FROM DEVELOPING LARGE OIL FIELDS OFF THE COSTS OF FLORIDA AND CALIFORNIA. ENORMOUS OIL-SHALE DEPOSITS IN THE ROCKY MOUNTAIN STATES COULD GO A LONG WAY TOWARD SUPPLYING AMERICAN CONSUMERS’ NEEDS, BUT THE DEMOCRATIC CONGRESS WON’T ALLOW THOSE RESOURCES TO BE DEVELOPED. ANWR CONTAINS VAST PETROLEUM RESERVES, BUT WE DON’T KNOW HOW VAST, BECAUSE CONGRESS, NOT WANTING THE AMERICAN PEOPLE TO KNOW HOW BADLY ITS POLICIES ARE HURTING OUR ECONOMY, HAS MADE IT ILLEGAL TO EXPLORE AND MAP THOSE RESERVES, LET ALONE DEVELOP THEM.”

“IN SHORT, ALL AMERICANS ARE PAYING A TERRIBLE PRICE FOR THE DEMOCRATIC PARTY’S PERVERSE ENERGY POLICIES. I OWN SOME SMALL INTERESTS IN TINY, FOUR BARREL-PER-DAY OIL WELLS IN WYOMING. WE HAVE FOURTEEN AGENCIES THAT HAVE IRON-HAND JURISDICTION OVER US. IF WE DROP ANY OIL ON THE GROUND WHEN THE REFINERY TRUCK COMES TO PICK UP OIL FROM OUR HOLDING TANKS, WE ARE FINED. YET DOWN THE ROAD THE STATE WILL SPRAY THOUSANDS OF GALLONS OF USED OIL ON A DIRT ROAD TO CONTROL DUST. WHEN IT RAINS, THAT OIL RUNS INTO RIVERS AND CREEKS. YET A CUP OF OIL ON THE GROUND AT OUR WELL-HEAD IS A $50,000 EPA FINE PLUS ADDITIONAL FINES FROM STATE REGULATING AGENCIES. THEY TREAT OIL AS IF IT WERE PLUTONIUM THAT HAS THE POTENTIAL TO LEAK INTO THE ENVIRONMENT. WE ARE FINED IF OUR DIRT BERMS ARE NOT HIGH ENOUGH AROUND OUR HOLDING TANKS, YET THE TRUCK THAT PICKS UP OUR OIL RUNS DOWN THE ROAD AT SIXTY MILES AN HOUR WITH NO BERM AROUND IT.”

“PEOPLE WONDER WHY THERE IS NO MORE EXPLORATION IN THIS COUNTRY. IT’S BECAUSE OF THE REGULATORS; PEOPLE WHO HAVE LIVED THEIR WHOLE LIVES DOING NOTHING BUT IMPOSING FINES ON SMALL OPERATORS LIKE US FOR DOING MOSTLY NOTHING.”

“SO, AMERICA ENJOY YOUR $4.00 + PER GALLON GASOLINE. YOUR DOLLAR IS NOW WORTH 0.62 EURO CENTS. THE LACK OF AMERICAN PRODUCTION OF GNP, THE MASSIVE TRADE DEFICIT (AS OUR LABOR MARKETS HAVE MOVED OVERSEAS TO FIGHT INSANELY HIGH UNION IMPOSED LABOR COSTS IN AMERICA) AND THE RUNAWAY PRINTING OF MONEY (BACKED BY NOTHING OF VALUE HERE IN AMERICA) HAS CAUSED THE DOLLAR TO BECOME MORE WORTHLESS ON THE INTERNATIONAL MARKET. AND THAT IS WHERE OUR OIL COMES FROM. IT IS PAID FOR WITH DOLLARS THAT BECOME MORE WORTHLESS EVERYDAY. IF WE JUST KEPT PAR WITH THE EURO WE’D BE PAYING $62 DOLLARS PER BARREL FOR OIL.”

“WHAT THE U.S. GOVERNMENT ALSO DOES NOT TELL YOU IS THAT IT IS THE LEASEHOLDER AND ROYALTY RECIPIENT OF MOST OIL PRODUCTION AND RECEIVES 25% OF THE GROSS OIL SALES BEFORE WE PAY FOR ELECTRICITY TO LIFT THE OIL, PROPANE TO KEEP THE OIL-WATER SEPARATORS FROM FREEZING IN THE WINTERS. WE PAY A PUMPER TO VISIT EACH WELL EVERYDAY, PLUS WE HAVE EQUIPMENT FAILURES ALL THE TIME. WE PAY FOR THAT OUT OF OUR 75% OF GROSS SALES. THE GOVERNMENT DOES NOT SHARE IN ANY EXPENSES TO RUN ANY PRODUCTION WELL. SO, IF THE BIG OIL COMPANIES ARE MAKING RECORD PROFITS, THEN SO IS THE FEDERAL GOVERNMENT FROM ITS 25% TAX ON EVERY MOLECULE OF OIL SOLD TO A REFINERY IN THIS COUNTRY. WHY ISN’T THE GOVERNMENT ON THE STAND FOR ‘RECORD’ PROFITS? WHAT YOU DON’T SEE IS THIS 25% OF THE SALES PRICE OF CRUDE OIL BEING SIPHONED AWAY BY THE GOVERNMENT. THAT MONEY PLUS THE ROAD TAXES, STATE TAXES, ETC., AMOUNTS TO OVER $1.00 PER GALLON OF GASOLINE YOU ARE BUYING WHILE THE GOVERNMENT ONLY ADMITS TO ABOUT 50 CENTS PER GALLON.”

“TO ALL OF YOU DEMOCRATS, WHEN YOU GO TO VOTE FOR YOUR CANDIDATE, THE BLAZING LIBERAL BARRACK HUSSEIN OBAMA, JUST KEEP IN MIND THAT THEIR LIBERAL SPENDING HABITS WILL FURTHER DECREASE THE VALUE OF THE AMERICAN DOLLAR ON THE WORLD MARKET AND YOUR GASOLINE COSTS WILL HIKE EVEN HIGHER. AS HE INTRODUCES MORE GIVE-AWAY PROGRAMS, SUCH AS ‘UNIVERSAL HEALTH CARE’ TO EVERYONE IN AMERICA, WHICH INCLUDES THOSE WHO ARE HERE ILLEGALLY, RAISE TAXES ON EVERYONE TO PAY PEOPLE NOT TO PRODUCE OR WORK, YOUR DOLLAR WILL CONTINUE TO DWINDLE ON THE WORLD MARKET AND YOU WILL BE PAYING $10.00 OR MORE PER GALLON AT THE NEXT ELECTION. CHEAP HYDROCARBON FUEL IS ALL OVER.”

“ENJOY! ENJOY THE FRUITS OF YOUR DECISION TO ELECT THESE FOLKS WHEN YOU ARE THERE IN THAT VOTING BOOTH AND YOU PULL THE LEVER NEXT TO, OR STAB A PIN THROUGH THE NAME OF A DEMOCRATIC CANDIDATE.”

WILLIAM “BILL” PHILLIPS.

ALL I EVER HEAR FROM THE DEMOCRATS IS HOW THEY WANT TO GET BACK TO THEIR ‘MORAL VALUES’, THE MORAL VALUES THAT HELPED MAKE THIS COUNTRY GREAT. CAN SOMEBODY PLEASE TELL ME WHAT MORAL VALUES THE DEMOCRATS HAVE? SINCE WHEN IS SUPPORTING THE MURDER OF UNBORN BABIES IN THE WOMB, SAME-SEX MARRIAGES, SPECIAL ‘RIGHTS’ FOR TRANSGENDERS, TRANSVESTITES, AND SHE-MALES, THE LIFE OF BABY SEALS, SPOTTED OWLS, SNAIL DARTERS, ETC., OVER THE RIGHTS AND NEEDS OF HUMANS, THE PUSHING FOR THE LEGALIZATION OF ILLEGAL DRUG USE, THE GIVING OF RIGHTS TO ILLEGAL IMMIGRANTS AND THE PROTECTION OF SMUT AND PORNOGRAPHY ALL OVER OUR AIRWAVES AND THE INTERNET, MORAL VALUES? SINCE WHEN IS SELLING OUT YOUR COUNTRY’S NATIONAL SOVEREIGNTY AND FORCING YOUR PEOPLE INTO POVERTY A MORAL VALUE?