Since they are and in reality likely to remain the only source of energy, with their extortion racket they are able to extort any amount for the economic life blood of the world's nations,by holding a pillow over the face of the national economies of the entire world.
I've been hearing our leaders promise an energy policy for about a half century. The energy we have now is the one we always have had since the turn of the last century, whatever the oil companies tell us.,p. The only time we have ever had plenty of oil, the oil companies tell us, is when we start halfheartedly looking at other sources of renewable, clean, unlimited energy,then the oil companies tell us we have plenty.
With their wealth and power they have successfully set and controlled our energy needs to their great profit. They have set the world's energy policy and it is this ,oil is going to be your main source of energy and you are going to pay our price for it period.
We have been ,we are and we will be the world's source of energy,there will be no competition from other sources of energy and since we eliminated most all of the hundreds of independent companies in the seventies the real purpose of that so called shortage.
Then you were stupid enough to let us complete the rest of our plan which was to reform our monopoly we had at the turn of the last century. To break out our giant umbrella using the excuse the standard excuse the other giant companies are using to form their monopolies, you know that they need to be large so they can complete in the Global Economy.
Well we are again and NOW we pull in more money each year than most countries and we have met the enemy [your politicians] and they are ours.
Did any you ever stop to wonder who we had to compete with and who and what we were going to control once we were large, powerful and rich enough. ?
One of the major goals of big business is to beat the competition.
Monopolies do not beat they completely eliminate them. Without competition the Free Enterprise System cannot work as that is the only source of price control in it to protect society from unreasonable prices and uncontrollable greed on things they must have to work, live and maintain reasonable standard of life,
We to have a large middle class to keep enough cash flowing to keep the economy and country healthy.
Without some form of price control, either artificial or that bought on by competition on the vital necessities needed to live food ,clothing, shelter medical and energy which affects the cost of all the others our economy and country will fail and violence, death and anarchy will prevail.
We are further along the way than most think and time is vital before we pass the point of no return if we haven't already.
There is no time left to wait on an election of more of same useful idiots we have been getting, regardless of party.
Our leaders and their their rich benefactors had better ask themselves how or they going to reason with millions of jobless, homeless and starving angry people made that way by a bloated, all consuming, corrupt, extremely wasteful,totally out of control spending Congress and Executive Branch.
Do not be foolish enough to think that sooner or later you or yours will not feel some of the pain of the result
Welcome to the New World Business Plan.
My apologies for the lenght.MSRN
Before I read the remainder of your post, I want to comment that I don’t think the oil companies drive the program here. I think it’s the oil countries that do so, and I think their power is not addressed.
After all, our own president bowed to the king of mecca.
The vast majority of oil is owned by governments.
Chevron’s estimated profit per gallon of gasoline or diesel produced: Approx 2 cents per gallon.
Average retailer’s profit per gallon: 7 cents per gallon.
Federal taxes per gallon of gasoline: 18.4 cents per gallon.
California’s taxes per gallon of gasoline: 50.5 cents per gallon.
YES! Let’s go after the actual monopolies that are driving up the cost of gasoline - the GOVERNMENT. Because ‘’big oil’’ isn’t the problem here, and never was.
Ever hear of OPEC? I think the very existence of OPEC is an act of war, but I guess we like that transfer of wealth.
And which oil companies would those be? I'll give them a call and straighten things out.
First, though, I would like to say that your understanding of free enterprise and of the oil patch are lacking for you to think this. (You are not Bill O'Reilly by any chance are you?)
The croney capitalisim going on is between politicians and Wall Street and politicians and these phoney "green" energy companies like Sylindra and MS(?) Global. Big Oil is not involved. In fact, this administration is making it very difficult on the oil industry and they are even talking about the government fixing prices and an "excess profits" tax. All those things do is diminish supply and raise prices.
HECK YEAH!!! Drop the Apple case, and focus on something more important - investigate and file suit against BIG OIL! The greedy bastards! They collude to drive up our prices, also they can make close to 10% profit! That is a horrendous amount of profit. NO company should make more than 1%... 5 % if they are politically on the correct side of the fence...