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1/2023 Oil investment is an investment in a wealth concentrating scheme

Updated: Jan 8

Eastern Tiger swallowtail (Papilio glaucus), female

Ice Age National Scientific Reserve Unit, Wisconsin, USA

2019-08-10 _F2A8436aaap



The priorities of rich people go before country, political parties, and of course 99% of Americans.


Oil investment is an investment in a wealth concentrating scheme that uses a necessary purchase to bleed working Americans and transfers it to a stock market predominantly owned by the rich.


Using energy as the underlying good because it is a good all Americans have to buy to function and stay alive and this particular good has paid to have the vast bulk of its costs fobbed off on to consumers making it highly profitable.


Also, the cash cost to consumers of energy is at the core of inflation. Energy effects the price of everything. It is key to the basic cost of living. The basic cost of living, in turn, effects labor’s demand for wage levels. By emphasizing that the cash costs to producers of energy are minimized govt can put downward pressure on wages and upward pressure on profits of business owners outside the energy industry.


But the unrecognized costs of energy don’t go away. These costs manifest in other ways in current and future generations. Then it becomes Govt’s mission to obscure the relationship of these cost manifestations have to energy


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A fossil fuel company in Virginia is expanding and upgrading gas infrastructure through tribal lands, fragile waterways and underserved neighborhoods.


Almost 50% of the population along the route live below the poverty line and more than half are people of color.


The next generation will pay for them


“A fossil fuel company in Virginia is expanding and upgrading gas infrastructure through tribal lands, fragile waterways and underserved neighborhoods.

Almost 50% of the population along the route live below the poverty line and more than half are people of color.”

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