Posted on 02/26/2008 4:30:47 PM PST by reaganator
All they have to do is say there's a waste basket fire at the refinery and the price shoots up before the reporter finishes his report.
Damn, that is the most retarded statement you might have made at this forum.
It is so stunningly ignorant or utterly biased to be beyond comprehension.
Where were you in 1999 when oil prices were $9 a barrel?
Where was the conspiracy then?
I am so frickin' tired of ignorant people with clueless opinions and right now you're on the top of my list.
I think Bill O’Reilly wants to drag the oil companies before Congress. Hillary wants to take all their profits. Obama will probably try to nationalize them. How about leaving things alone and letting the best economic system in all of world history work things out?
You have that wrong. These prices are not the fault of the oil companies. If one believes that, all you have to do is buy stock (ownership) in the oil companies.
The reason prices are like this is because the oil companies are being prevented from producing and refining more oil. Don't like it? Thank a Democrat.
Oil companies are our friends, Democrats are our enemies.
Put another way, we have a 100% supply at current prices... but produce more at lower prices and consumption would certainly increase. As it is now many people are rationing their fuel use because they can't afford more.
I have my own answers, of course, but he asked you.
You’re right, as well.
Could be, it was around a 1.00 a gal when jorge was elected.
The price spike that occurs every year when we change seasons can be laid directly at the feet of the left.
Thanks again socialists!
There’s no shortage of gasoline and no shortage of profit being made on it.
You probably were too young to remember, but in 1930 oil production was a glut. Texas was a giant and nobody would stop. Oil was 10 cents a barrel and nobody was buying and they couldn’t move it so the industry was shutting down. That was the Great Depression: more oil than they knew what to do with and practically free and shut down all at the same time. Maybe things are kind of regulated now with NYMEX and OPEC and the Texas Railroad Commission and all, but at least supply is matching demand.
Oil companies make a lower percentage profit on gasoline than the government takes in taxes.
Sure it does.
THey raise the price and you still demand it. So they raise it some more. When they find a price that causes you to demand a little bit less than you did, then they will quit raising the price.
Including, allowing drilling in all of the currently protected and forbidden places, and also allowing more “green” endeavors in the “energy” field such as wind farming in Fat Teddy’s back yard.
The new Boss Congress will be a lot more accommodating than the old Boss Congress.
Kicking the current bastards out of Office out is going to feel real good.
What? More “Just-In-Time” inventory technique?
Not much, and not much will be done. My vote is energy independence now.
That’s different. Farmers couldn’t even sell FOOD to STARVING people becuase nobody had any cash. So obviously no one was going to cough up dough for gasoline.
Nothing. It’s all conservation, which is being brought on mostly by the fact that you can’t afford it.
Let me guess. You work for Exxon?
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