Market Manipulations & Corporate Greed   

7/1/08 - Energy is the buzz word for market traders everywhere.  As I write, oil is threatening to break up over $143 per barrel on total speculation with absolutely NO reason for these high prices - other than covert, political power plays that even threaten national security of many nations.

I'd like to hone in on Natural Gas as it's coming up to a critical level that will threaten your pocket book this year if it continues it's climb.   Look at the chart below.  This will show us the highs of natural gas in 05' when it hit $22.35.  Can you remember this time ? 

You were being faced with 35 - 40% higher energy bills in the winter of 05' because of the manipulated price of natural gas that was at all time highs.  Remember the news, when the reports were showing people who couldn't afford to pay their natural gas bills because of the huge jump in rates?  Remember that the energy companies were offering an alternate "even bill pay" to even your payments out over the year, rather than having the inflated rate come upon you in the cold months?  I remember those days well.  DON'T ever forget them.

Now look at the huge drop in natural gas from 05'.  Notice that natural gas fell to all time lows of $7.40 in 07'.  Do you remember the energy company giving you a 50 - 70% discount off of your energy bill during these years because of the dropping cost of natural gas?  Absolutely not!!  This means that they've been enjoying a huge profit from the manipulation that took place in 05'.  You're paying high level retail dollars for a product that dropped in value in 05'.  You've been paying 3 times too much for your natural gas over the past 2.5 years!

What's worse is that the market manipulators are now attempting to take the price of natural gas up over the old $22.35 highs, and they'd like to do it again this year. Why???  So they can raise your rates again!

Mark my words.  When the cost of natural gas breaks up over the $15 - $18 level, energy companies are going to be coming to us for more dollars.  It stands to reason - the rising of natural gas prices mean that you and I need to pay more money for their services, right?  NOT!!  What about the 40% jacked rates in 05' which cover us all the way up to $22.35?  What about the massive profits made over the last 2.5 years while energy companies sold to us at $22.35retail, but bought natural gas at massive $7.40 wholesale?

What do we do?  I only know of a couple of things.  First, you might contact everyone and anyone you know who has authority in the political realm and start uncovering the greedy plot - by using simple Natural Gas charts to show the rise and fall in prices, and greedy manipulations of the system.  You may thwart off a few wolves, sharks and dogs who don't want to be exposed.  Secondly, you need to know these market rhythms and get involved in the market movements so you can pay your bills.  We saw at the beginning of 08' that this market maneuver was taking form, and our buy signal was at $8.00.  If you would have known this, you could have put a few bucks into a natural gas company and made profits that would help pay your gas bill.  Now I'm not recommending that you buy natural gas, nor am I a licensed broker.  I'm teaching you today how we see market manipulations every day in these markets, and I want you to become educated on how to capitalize on them.

Keep an eye on natural gas as it continues it's unrestrained climb upwards.  Oh by the way, there's more natural gas available to us now than ever, so there is no shortage.  Where I live in Texas, I can see 2 natural gas wells being drilled almost anywhere that I drive at any given time.  Gas is everywhere, and the demand is being met.  We're not drilling wells in Texas because we're running out of natural gas.  We're drilling because we can soon get $22.35 out of it, and it only costs $5.50 to pull it out of the ground!  

YEEHAW, said the Natural Gas man!