Even the greediest oil man will tell you there is no excuse for $100 dollar a barrel oil. Everyone makes a hefty profit at $24 and all the Saudi Princes can have their very own 747 with solid gold fixtures when crude oil is $12.00 a barrel and gasoline sells for $1.00 a gallon. Natural gas and electricity prices are even more outrageous!

It costs less than $1.00 to find, produce and deliver 1mcf (1000 cu feet) of natural gas to our homes, schools and businesses. We are currently being charged between $6 and $15 mcf, plus delivery fees and every other surcharge the gas company can dream up and tack on to our utility bill.

The news media is warning us that energy prices are going up another 40% because natural gas is in such short supply. Nothing could be farther from the truth and the news media should be ashamed of themselves for not doing their homework and spreading these lies!

Natural gas reserves are at an all time high and there are new wells coming online every day. Underground storage is full and gas is being vented to the atmosphere all over Texas, Oklahoma, Louisianna, Alaska, Wyoming, Montana and Canada. There is so much gas that many independant producers can’t even get their gas into the pipeline. That’s because the Energy Mafia controls every facet of the industy - the commodity, the delivery system, the price and the politicians that approve their unjustified rate increases. Those same politicians also help the Energy Mafia cheat land owners and mineral right owners out their fair share of the profits.

Bottom line: Natural gas prices should be no more than $3.00 mcf and electricity should cost consumers no more than 5 cents per kilowatt hour. Any amount over that is highway robbery and devastating to our economy.

So why are energy prices so high? The answer is really quite simple. PRICE FIXING, MARKET MANIPULATION and GREED! And who is manipulating the market? The very same people who orchestrated the collapse of Enron and stole the pension plans of millions of hard-working Americans!

This is the Energy Trading division of UBS Warburg. Every person in this room is working in concert with other energy traders to drive up the price of natural gas, oil and electricity. Their clients are the richest people in the world and every dime they can extort from consumers puts billions more in the pockets of their largest investors. Some of these investors are ordinary people but most are majority stock holders in ALL the World’s Largest Corporations.

The Market Manipulators have become so proficient at their trade that they can drive up the price of any commodity, including our food and water supply. These people must be stopped or ALL of the world’s wealth will fall into the hands of a very small group of people who care nothing about the millions of people who will starve and freeze to death this winter because of the Energy Mafia’s uncontrollable GREED!