ADVERTISEMENT

ADVERTISEMENT

Community Calendar

Glacier Hike
1 p.m. - 3 p.m. Charlestown

"Steel Magnolias"
2 p.m. - 4 p.m. Westerly

Spring Sojourn
2 p.m. - 3 p.m. Charlestown

Foraged of the Earth Dinner to Benefit the Westerly Land Trust
4 p.m. - 7 p.m. Westerly

... View all of today's events


Stay Connected


ADVERTISEMENT


Letter: Oil barons are pushing us deeper into the abyss


As if the consumer isn’t punished enough at the grocery store with skyrocketing food prices that have gone up dramatically in a very short period of time, the powerful, super-rich, greedy oil barons in the U.S. and other foreign countries are going to make sure we suffer even more by keeping gasoline and home-heating prices artificially high.

I have never seen an industry find so many excuses to raise prices; many of them are lies. In fact, if the oil barons were Pinocchio, whose nose grew longer every time he told a lie, they could stand on the shore of the Atlantic Ocean and their nose would reach the shore of the Pacific Ocean.

Their latest reason for raising oil prices is the unrest, once again, in Iraq, where OPEC has a major oil refinery. Excuse me? I recall after OPEC’s oil embargo in the 70s, the U.S. vowed to be out of their clutches in the very near future — so much for that bull. I also recall reading an article in the 50’s when we imported almost all of our petroleum products and gasoline was less than 50 cents a gallon, that the Arabs had so much currency stashed in warehouses rats were eating some of it — one could say they were on a very rich diet.

It seems ironic that Exxon-Mobil, a company that posted a profit of almost $10 billion in just one quarter of 2013, is running multiple choice ads on television asking us what country does the U.S. get most of its energy, oil and natural gas, from? The answer is: the good old U-S-of-A. If that’s true, then our own oil companies are shafting their fellow Americans.

These factors, coupled with the fact that other powerful businesses are funneling billions of dollars into offshore accounts so they don’t have to pay their fair share of taxes in the U.S., will raise havoc on the little people. Those individuals who are just about making ends meet will no longer be able to make ends meet, and those living at or below the poverty level will be pushed even deeper into the abyss.

Every election year we hear the same old rhetoric from many of the politicians. We are going to cut spending, have tax reform, close the loopholes in the tax laws, two chickens for every pot, etc., etc. Fat chance! As long as the lobbyists for special-interest groups are handing out money, some politicians are taking. Let’s hope and pray that in the upcoming elections we elect candidates who are sincere, honest and will truly try their best to represent all the people in our great nation, not just the rich and powerful.

Antonio P. Trebisacci, Jr.

Westerly



Back to LatestNews
Top Stories of the Week

Town asks $271,000 for Burdick documents …
WESTERLY — The town says the $271,445 fee it has devised for documents requested by former Zoning Officer Elizabeth Burdick’s lawyer is a “conservative” estimate … more ...

Student charged with selling ‘pot’ cookies …
WOOD RIVER JUNCTION — A 16-year-old Chariho High School student was charged Friday with a drug offense after she allegedly sold marijuana-laced cookies to others. … more ...

More stores planned for Westerly plaza …
WESTERLY — The owners of the Westerly Crossing shopping center hope to expand the size of the retail complex by about 20 percent, adding three … more ...

Police logs: Thursday, April 23, 2015 …
Stonington David T. Pedreira, 31, of 101 Brookside Lane, Pawcatuck, was charged Wednesday with criminal trespass, criminal mischief and possession of less than half an … more ...

State is exercising air rights by eminent domain …
WESTERLY — The owners of 12 houses in proximity to Westerly State Airport will have their landscapes altered this summer, whether they like it or … more ...

Comments