Aug 29, 2008

Freak Out

Philip R. Klein's latest article on the Southeast Texas Political Review is truly ironic. Consider Philip;s article on Wednesday:

When the property values crash - there will be a scream like never heard before. And you will see a massive overtaking of governmental agencies by the State and a "depressive" state of the economy in the county that believes in bigger government. And it is not far off. Just wait until the expansions are over. This massive run at bonds, spending increases, salary increases and on and on - is nothing but a recipe for disaster.

Yet, when faced with the possibility of a real natural disaster, Philip discounts the threat and claims there are angry business owners:

There are some really mad retailers right now in Southeast Texas. The reason? A press release from the Port Arthur Police Department calling for all citizens to "prepare" for a storm.

The problem?

Nobody told the gas suppliers. And they are filling up with gas as fast as they can get it into their tanks. Three retailers we spoke with this afternoon were rather upset.

Actually, that did not come from the Port Arthur Police Department; rather, it came from the Governor Rick Perry, who issued a disaster preparation declaration for 61 Texas counties along the Gulf Coast:

"Texas is closely following Gustav's track as it approaches the Gulf and we are preparing for any potential impact on our communities," said Gov. Perry. "I urge Texans along the coast to monitor this storm closely, heed warnings from their local leaders, and take necessary precautions to protect their families, homes and businesses."

Governor Perry took a number of actions, such as putting the Texas National Guard  and the state's fuel supply trucks on standby (emphasis is mine):

  • Fuel Team: Fuel supply trucks and trailers are on standby to ensure adequate fuel supplies. The industry reminds Texans to maintain fuel in their personal vehicles.

Of course, Philip's so-called sources missed that:

"We are having a small run and we spoke with corporate. They are getting us some extra trucks right now. This may be more about Labor Day Weekend than the storm - but Port Arthurs little statement did not help the situation," said the source.

Now for the punch line - Philip claims that these same retailers are profiteering:

As prices start to spike - so does the mini-panic at gas stations.

Since gas prices are based on oil futures and set by the gas companies, Philip is again displaying his ignorance. If these gas stations are indeed raising prices based on local demand due to a possible natural disaster, they're breaking the law and should be prosecuted.  Maybe all of those federal agents who read the Southeast Texas Political Review every day will investigate.

That is, unless Philip's prediction on gas prices from July 11, 2008, actually came true and no one told us:

$200 By The End of Summer - Washington Whispers. That means gas at 7$ per gallon.

Or, maybe Philip's prediction from May 16th is only a month off:

Oil - Will go to $200 Per Barrel and Gas Will Be At $5.00 per by July. That is what they are saying. Go figure.

Philip is truly a dunce. While I normally find his ignorance humorous, this reckless disregard for the truth.is inexcusable. 

No comments :