Are gas prices rising to prevent Obama re-election?

Rick Ungar: ‘A gasoline conspiracy to set fire to the Obama Administration?’ Americans are using less gasoline, is a net exporter of petroleum, yet prices are sharply higher than just a few weeks ago and continue to rise.

While Wall Street’s ‘priority one’ is to make money, it is clear that, for this year, priority two is the destruction of Barack Obama’s presidency. Accordingly, from a Wall Street point of view, it certainly is a happy coincidence that that priority one, making big money on oil speculation, could directly lead to accomplishing their second highest mission.

Obama could say something about this exploitation of the American public, use the bully pulpit, and make it into a campaign issue. But he won’t, as he’s a willing and captured entity of the 1%.


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