Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: thackney

I don’t believe that there is NOT mega profits being made, despite all the spin by economics folks here at FR and even folks like Rush.


4 posted on 11/07/2007 5:49:44 AM PST by Vaquero (" an armed society is a polite society" Heinlein "MOLON LABE!" Leonidas of Sparta)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Vaquero
I don’t believe that there is NOT mega profits being made

That is because you haven't tried to lease a drill rig lately.

5 posted on 11/07/2007 5:50:36 AM PST by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Vaquero

Mega profits by Sheiks maybe.


7 posted on 11/07/2007 5:54:40 AM PST by Slapshot68
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Vaquero
I don’t believe that there is NOT mega profits being made, despite all the spin by economics folks here at FR and even folks like Rush.

So what if there are?
10 posted on 11/07/2007 5:56:16 AM PST by arderkrag (Libertarian Nutcase (Political Compass Coordinates: 9.00, -2.62 - www.politicalcompass.org))
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Vaquero

Banks make mega profits...even more so than Big Oil. Maybe you should pull your money out in protest?


11 posted on 11/07/2007 5:57:35 AM PST by Slapshot68
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Vaquero

I think it’s a combination of factors.

Yes, profits are high.

Yes, it’s largely due to speculation.

Yes, the falling dollar has an effect.

Yes, there is increased demand.

Yes, we need to drill for our own oil.

Yes, we need more refinery capacity.

It’s not just one reason.


26 posted on 11/07/2007 6:23:58 AM PST by RockinRight (The Council on Illuminated Foreign Masons told me to watch you from my black helicopter.)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson