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To: GeneD
Specter, a Pennsylvania Republican, said he was shocked by the size of oil company profits, adding, "It just may be time to legislate in this field."

But Specter, and everyone else in government fails to tell the rest of the story. That as with cigarettes, Government makes more money on oil and gas than do the companies that actually make and sell the products.

6 posted on 02/01/2006 9:39:09 AM PST by Phantom Lord (Fall on to your knees for the Phantom Lord)
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To: Phantom Lord
Specter, a Pennsylvania Republican, said he was shocked by the size of oil company profits, adding, "It just may be time to legislate in this field".

How about legislating in anwr? Drill more oil. Greater supply, lower prices.

38 posted on 02/01/2006 10:38:55 AM PST by USS Alaska (Nuke the terrorist savages - In Honor of Standing Wolf)
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To: Phantom Lord

Government makes more money on oil and gas than do the companies that actually make and sell the products.

Can you frame that with numbers. For example...

Exxon makes five cents profit on a gallon of gas while the federal government makes eight cents on the same gallon. That should clear up who is cheating drivers. 


49 posted on 02/01/2006 12:39:00 PM PST by Zon (Honesty outlives the lie, spin and deception -- It always has -- It always will.)
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