Posted on 05/24/2007 5:21:39 PM PDT by K-oneTexas
I saw what breaking up big companies did when they broke up Ma Bell. I havent had decent telephone service since.
I dont go along entirely with the supply and demand scenarion,but basically its right. The oil companies did make record breaking profits, Profits mind you not net. With profits that large they are taking maybe a bit more than what they should,but thats the American way.
As for Hillary deciding to take away those profits and do what she likes with them> Whats to stop her from taking away profits from Microsoft,or Walmart or Sears roebuck. Where doesit stop. take away profit and you defeat Capitolism. Wait> maybe thats the plan.
They should take the profits they can. No one makes us drive.
Both.
Maybe everybody should just stop driving.
But wait how are we going to get to work?
If we don’t work what will happen to this country?
How will we get food? Will there be food?
Maybe we should just stop eating?
So we stop driving and eating.
Problem solved.
You can an A+ for dramatic.
I was just expounding on your point.
If you think driving is simply a matter of choice that we can say no to whenever we want.
bump
Does anyone besides me who was president when Exxon merged with Mobil?
When BP merged with Amoco? When BP Amoco merged with Arco?
As I remember, when those mergers took place the administration launched an anti-trust prosecution of, lets see, who was it, maybe it was Microsoft.
So even if we have plenty of our own oil the price of that oil will still be determined by OPEC?
How would that work?
bump for later reading.
I think when they report profits, those are new profits.
With profits that large they are taking maybe a bit more than what they should
And what should they take? Who do you think knows the norm?
A good start would be the numbskull voters who keep sending these clymers back to Washington.
Its not up to me to set what they take. I would say its up to their conscience,but i am sure they dont have one.
I am sure they take what they feel the traffic will bear.
Whatever they take it isnt up to Hillary to decide,any more than its up to me.
We also have to remember that places like Venezuala who steal from the oil companies by nationalising them,take a large share of those profits away. Capitolism thrives on not telling people what their profit should be I can just state an opinion , Mine is that they may be taking a bit more than they should,but if you dont want to pay it, dont drive.
“If you don’t want to pay it, don’t drive”
Do you really think we drive around simply because we want to?
Do you honestly think we could just stop driving if we wanted to?
What do you think would happen if everybody just stopped driving because they “don’t want to pay the price”?
Old saying:
A government powerful enough to give you everything you want...is powerful enough to take away everything you have
The price of anything is determined by supply and demand. Do you really believe BIG OIL is going to cut you a deal and sell to you cheaper than to the Chinese. OPEC will still control the price. Our only out would be to bomb China and India back into the stone age. Also that would help our poison control center.
barbra ann
If we were energy independent the oil co’s would be making all the money from oil to refined products instead of buying the crude. They would make a lot more money. OPEC will not control the price of oil we drill on our own. OPEC’s stranglehold on the price will be over. I don’t see how you can say OPEC will still control the price. Their only leverage now is that they have something the rest of the world needs. We have over one trillion barrels of shale oil that is produceable at 30/bbl. The technology is there. We have over 100 billion barrels of crude available if we just drill it.
IF we could eliminate the suicidal environmental restrictions oil would be 30/bbl and gas would be under 1.50 and OPEC would be something for the history books and terrorist funding as well as the wahabi’s would be largely defunded.
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