I mispoke- You’re right, the companies don’t profit- the govenrment does State and federal. I don’t resent the company making a profit- What I do resent are congress’ stipulations on oil refineries which are artifically keeping prices high- again, you’re right, it’s not hte companies fault the prices are high0- it’s the speculators and govenrments fault- their restrictions on the amount of refineries allowed, and the amount by which they can refine, have artifically driven up the prices- What I should have said was that government iwll pocket the extra savings while keeping hte prices high-
Barack has stated many times he wishes to see prices around $6.00 a gallon, and He’ll no doubt be enacting new guidlines and fees and restricitons which will further drive up the prices
Okay, glad to see that we're basically in agreement. One point of difference, though. I wouldn't blame the "speculators", either. These people are simply involved in making a market for commodities.
And, if you see a Democrat Congress taking over in 2006, a Congress that is dead set against drilling anywhere in the U.S. or offshore, and is proclaiming it to the world, wouldn't you bet that oil prices are headed upward, too?
The "speculators" did what they do...and they can't be blamed for oil prices rising. They just bet that, under the circumstances, they were bound to.
In the meantime, we have a President who -- as you said -- would love to see $6.00/gal gasoline. And will do everything within his power to get it.