Gasoline & Energy Greed

© - Tom Hyland - 06-26-09

What has the Stock Market got to do with the Price of Gas?
Nuttin’ Honey!

Consider this Scenario - Pure Fiction:

Say the Station Owner gets his underground tanks filled.
Say it’s the First of the Month, and he gets 20,000 Gallons.
Say he Pays only $1 per gallon = $20,000.
Say he is Charging only $1.50 per gallon (Fantasy).

So - say this lasts about 10 days.
Then - he took in $30,000 - a 50% Profit - not bad, huh?
Say on the 11th, he gets Refilled at $1.50 per gallon.
Cost = $30,000 - so, he raises Price to $2.00.

Ten more days pass - he takes in $40,000.
This time, Profit is only $10,000, same as 1st time -
So - he now has a total Profit of $20,000 for 20 days.
Still not bad - that’s $1,000 per day on Average.

On the 21st, Third delivery at $2.00 per gallon.
So - he ups Price to $2.50, and Grosses another $10,000.
So - in 30 Days, he reaps a Gross Profit of $30,000.
Still an Average of $1,000 per day - Still Not Bad, Right?

Now - what does all of this have to do with the Price of Eggs?
Nuttin’ Honey!

All of the above was Predicated on a Simplistic Example -
Using Regular Unleaded 87 Octane Gas - Okay?

So - now, let’s ‘Muddy the Water’ just a tad!
He really has Three Different Octanes - Plus Diesel Fuel.
But - the Principle involved is still the Same.
Cost + Mark-Up = Price per Gallon.

Gross Sales - Actual Cost of Goods Sold = Gross Profit.
A Basic Accounting Principle is the Method of Valuing Inventory.
FIFO = First In - First Out.
LIFO = Last In - First Out.

So - Even if he only takes One Annual Inventory -
At the End of the Year - say 10,000 gallons are still in the tanks.
And - the Last Price paid was $2.00 Each -
Then - the Value of the Balance left is $20,000.

Opening Inventory + Purchases - Ending Inventory =
Cost of Goods Sold. Say - he Started with 10,000 Gallons +
Bought 60,000 per Month X 12 = 720,000 Gals. Purchased -
Minus 10,000 gals. = 720,000 Gals. Sold.

Say - Average Cost was $1.75 per gallon -
And Average Sales Price was $2.25 each -
Then Gross Profit was a mere $360,000.
50 Cents Times 720,000 - Not Bad!

So - what’s my Point -
After doing all this High-Faluting Math?

The Point is Simple - The Public is being Raped!
Thousands of Gas Station Owners are Crooked!
And the Guv’mint turns a Deaf Ear!
Cheaters Don’t Get Audited Properly!


How So? You may Ask!
If any individual Owner simply Changes
His method of Valuing Inventory -
It Results in Claiming a Higher Cost of Goods Sold!

This Reduces Gross Profit before Expenses!
On Paper - his Tax Return -
The Sly Slob Shows Less Profit -
And Pays Less Taxes!

Now - we’ve Only been talking about Millions Of Gallons of Gas -
Apply this same Principle to Millions of Barrels of Crude Oil!
If Early in the Year, a Barrel only Cost $65.
And End of Year Cost $100 - what would You Claim?

Billions of Dollars of Inflated ‘Cost of Goods Sold’
Results in Understated Profits and Underpaid Taxes!
“But Tom” - You may say:
“How Can This Be?”

There’s the GAAP -
Generally Accepted Accounting Principles!
Sure! Sure! Sure!
Remember ENRON and Arthur Anderson?

“Big Bro” was Asleep at The Switch -
Way back Then - Wasn’t He?
They ‘Played Games’ with Millions of Kilowatts of Electricity
And Got Away with it - Didn’t They?

They ‘Cooked the Books’ -
The CPA’s ‘Fudged the Figures’ -
And the State of California and John Q. Public -
PAID THE TAB!

“ROLLING BLACKOUTS”?
What a Piece of Work!
After California Senator Gramm got his De-Regulation Act Passed -
Thirty-Eight - 38 - Blackouts were Intentionally Perpetrated
By ENRON’s Traders and Marketers!

FORTUNE MAGAZINE’S ‘DARLING’ -
FOR SIX CONSECUTIVE YEARS -
BIT THE DUST!


GREED? FRAUD? DECEPTION?
INTERNATIONAL STOCK MANIPULATION?
OUTRIGHT THIEVERY? CORRUPTION?
LOST JOBS? LOST PENSIONS?
LOST BENEFITS?


GAS - OIL - ELECTRICITY - WINDMILL FARMING -
PIPELINES - LIQUID PROPANE GAS - PETRO-CHEMICALS -
PAPER-PULP PRODUCTION -
WATER CONTROL - FOREIGN INTRIGUE -
GULF OF MEXICO EXPLORATION -
MARINER ENERGY INC. HOUSTON, TX.
AND MORE ... MORE ... MORE... !

SEE: http://en.wikipedia.org/wiki/Enron


JUMPING JEHOSHAPHAT!
WHERE WAS CONGRESS?
WHERE WAS ‘THE ADMINISTRATION’?

DIDN’T THEY ‘LEARN’ ANYTHING?
OR - WERE ALL THE ‘OIL BARONS’ INVOLVED?
THE ‘HOUSE OF CARDS’ WAS ABOUT TO FALL ...

THEN - 9-11 2001 OCCURRED!
THE US INVADED AFGHANISTAN OCTOBER 7th, 2001
WITHIN TWO MONTHS - NOVEMBER 2001 -
ENRON FILED FOR BANKRUPTCY!

DID I HEAR YOU SAY - DUH?

SEE:

http://whatreallyhappened.com/WRHARTICLES/preplanned.html?q=preplanned.html


- HEADLINE -

The Afghanistan War was Planned
Months Before the 9/11 Attacks

End of Quote!

Did Osama Bin Laden Merely ‘Beat Us To The Punch?”
Was ‘Operation Enduring Freedom’ a Ploy -
To Distract The Media and The Public?

Note the Fact that ENRON’s Demise and Re-Distribution
Continued for YEARS!

“As of December 2009, some claim and process payments are still being distributed.”

RECAP:

Gas Station Owners Reaping Huge Profits FOREVER!
“ENRON Scandal” Dragged out For 10 Years - 1999-2009!
OIL - OIL - OIL!
Afghanistan War Dragged Out For 10 Years (+) 2001-2010!
OIL -DOPE - OIL - DOPE!
Iraq War Dragged Out For 7 Years (+)!
OIL - BLOOD - OIL - BLOOD - OIL - BLOOD!
Collapse of Stock Market!
MONEY - $ - MONEY - $ - MONEY - $!
Mortgage Market Bubble Collapse!
$ - $ - $ - S !
Banking & Credit ‘Bail-Out’!
$ - $ - $ - S !
Automobile Industry ‘Bail-Out’!
$ - $ - $ - S !
Millions of JOBS LOST!
$ - $ - $ - S !
Millions of HOMES LOST!
$ - $ - $ - S !
GLOBAL WARMING - GLOBALIZATION!
GLOBS N’ GLOBS N’ GLOBS OF OIL -
IN THE GULF OF MEXICO DISASTER!
ALTERNATE ENERGY SOURCES IGNORED!
PLENTY OF ‘LIP SERVICE’ THOUGH!
ECONOMY IS IN THE TOILET!

“HOUSTON - DO WE HAVE A PROBLEM?”

“YOU BET YOUR BP!”

Greed? Corruption? Collusion?

And “We The Sheeple” Just Keep ‘BAA-BAA-BAA-ING!”


LIKE THE STATUS QUO?

RE-ELECT YOUR LOCAL CROOK!


© - TKH.