Blake Ostler writes in his book, Exploring Mormon Thought: The Attributes of God (2001):
In the Hebrew scripture, a member of El’s court, angels and possibly gods of foreign nations are called gods in this sense. The various mediating principles and half-personified divine attributes found in the Hebrew writings such as debar or the divine word or Wisdom, would belong to this class. In the New Testament, “the Word,” and “the Mediator,” are also used in this sense in the Epistles of Paul and the Gospel of John. In such passages, Christ is viewed as a subordinate being even though he is considered as divine and meriting worship (p. 8).
Ouch. Ouch. Ouch. Great. We get to worship Jesus, but He is just a derivative or lesser of God.
As I skip over several sentences discussing LDS texts (D&C 121:32, Abraham 4:1) on gods, Blake carries on:
This use of the word “gods” is essentially equivalent to the Old Testament usage that refers to Yahweh or to Yahweh Elohim planning with and ruling over a council of gods who are subordinate to him. As Hans-Joachim Kraus observed:
In the heavenly world Yahweh, enthroned as God and king, is surrounded by powers who honor, praise and serve him. Israel borrowed from the Canaanite-Syrian world the well-attested concept of a pantheon of gods and godlike beings who surround the supreme God, the ruler and monarch. In Psalm 29:1-2 the bene elohim (“sons of God”) give honor to Yahweh. They are subordinate heavenly beings stripped of their power, who are totally dependent on Yahweh and no longer possess any independent divine nature. In Job and the Psalter, power of this sort are called bene elohim, elim, or qedushim(“sons of God,” “gods,” and “holy ones,” Job I:6ff; Ps. 58:I; 8:5; 86:8). But Yahweh alone is the highest God (‘Elyon) and king. . . . In Psalm 82 we have a clear example of the idea of a “council of gods.” . . . “God has taken his place in the divine council; in the midst of the gods he holds judgment.” The “highest god” is the judge. The gods (elohim) are his attendants. They are witnesses in the forum which Yahweh rules alone, and in which he possesses judicial authority. We might term the cheduth-el “Yahweh’s heavenly court.” All the gods and powers of the people are in his service. (p. 9)
But wait a minute. Hold on a second. Did Blake back in 2001, see Yahweh as the head of the council in Psalm 82? I am confused.