The Propagandist in Chief has returned to the United States and his first order of business was to pander to the mindless whims of the masses. Recognizing that people’s anxiety over gas prices has risen dramatically over the last few months, Dear Ruler wants to make sure that you know that he wants to do something about it. So he pulled out the tried-and-true Democrat hand book and directed his demonization efforts towards … big oil!

Yesterday he urged Congress to end tax credits to the oil industry and give that money instead to “green energy” companies. (Like Solyndra?) He took to misleading the American people in order to make big oil out to be the bad guy. In his speech yesterday he said, “Right now, the biggest oil companies are raking in record profits — profits that go up every time folks ... pull into a gas station.”

Unfortunately for the Propagandist in Chief, not only is that partially incorrect but it is not the whole truth. Don’t bother to hear an explanation of record profits versus profit margins from our Dear Ruler. Let’s take one big oil company, for example: ExxonMobil. The profit margin for big oil companies like ExxonMobil is about 8 cents for every dollar of revenue. That is less than half the profit margin of other industries such as pharmaceuticals, computers or the beverage industry, just to name a few. And that 8 cents represents revenue from all businesses around the world. Less than 3% of ExxonMobil’s earnings are from gasoline sales in the United States. In the last three months of 2010 (keeping all the data within the same year), ExxonMobil earned a little more than 2 cents per gallon of gas, diesel or finished products manufactured and sold in the United States. Two cents! Meanwhile, our imperial federal government takes in somewhere between 40-60 cents in taxes from each gallon of gas. And then the states add another 26-66 cents on top of that. Does Barack Obama have anything to say about the outlandish taxes being levied on you every time you pull up to a pump? I didn’t think so. That doesn’t fit his political agenda.

Let’s try to understand ObamaLogic here for a moment: Increasing our drilling production would not reduce the overall cost of gasoline but ending tax incentives for oil companies will? You and I both know that Barack Obama is full of yaksqueeze. The reason he is targeting big oil has nothing do with lowering gas prices and everything to do with pandering to the dumbmasses.

In a recent weekly address, Obama said the following: “We’re going to put every single member of Congress on record: They can either stand up for oil companies, or they can stand up for the American people.” Why is it that oil companies are not synonymous with the American people? After all, of the 173 publicly-traded, U.S.-based oil and natural gas companies, almost half – 48.9 percent – are owned by individuals, either through pension funds (31.2 percent) or Individual Retirement Accounts (17.7 percent). But wait! There’s more: “In 2010, the oil and natural gas industry directly contributed over $470 billion to the U.S. economy in spending, wages and dividends,” said API vice president for regulatory and economic policy Kyle Isakower. “The dividends alone totaled about $35 billion and went to stockholders of these publicly-traded companies.” I would like Obama to stand up to those American people who own these oil companies and explain why their retirements should be jeopardized for the sake of Dear Ruler’s reelection.

By the way, where was Obama to “stand up to the oil companies” when he was in the Senate? He voted FOR oil and gas subsidizes in a 2005 energy bill. When asked about the hypocrisy of this vote, Obama’s Chief Propagandist Jay Carney had a hard time defending the Oval Occupier. Here’s how that exchange went …

REPORTER: You said earlier, why did the president vote for the energy bill in 2005 as a senator if it had over $2 billion in tax breaks for the oil industry? They were making a lot of money then, too.

MR. CARNEY: Well, what I can tell you, Ed, is that the oil and gas companies in this country are making record profits now in 2012. The price at the pump is very high. And that is plenty of incentive for these companies to continue to drill, to continue to explore and continue to develop energy sources here in the United States and abroad. There is no reason for the American taxpayer to subsidize that activity.

REPORTER: So why’d he vote for that?

MR. CARNEY: Look, I haven’t examined the vote or what the prices were at the time or the whole bill that it was attached to. What I know and what the president knows is that this year, in 2012, when we are seeing high prices at the pump, high prices on the international oil market and record profits from the oil and gas companies, there is no reason to continue these kinds of subsidies. It’s just — it — take that argument out to the people; I don’t think they’ll go along with it.

Nonetheless, now that Obummer is occupying the White House, he is in the business of picking the economic winners and losers. Big oil is now a big loser. You see, it is OK for American taxpayers to subsidize an industry … so long as Obama approves of it. This is exactly the reason why Obama believes that “this money can be better spent promoting domestic manufacturing, encouraging the development of clean energy technologies that will reduce our dependence on oil, and cutting the deficit.” Cutting the deficit? I’ll believe that when I see it. The truth is that he wants the dumbmasses to believe that he really nailed the oil companies. Then he wants to “invest” in “green” energy, and he has a few reasons for this …

1. Oil is the essence of capitalism and Obama despises capitalism. Therefore he will do what it takes to see that oil and coal are crippled in this country.

2. He has environmental aaaactivists to appease.

3. He has political backers he needs to pay off and needs Obama-friendly companies that make for good backdrops at his next speaking engagement

Unfortunately for Dear Ruler, the Senate yesterday voted to end debate on the bill to end subsidies to the oil companies. Looks like he will have to continue to force the issue, using this vote to his political advantage by making Congress out to be the bad guys.