I don't believe any of it. The oil companies need to be helping out right now. And they are not re-investing their profits as they would like everyone to believe, see FR post:
Then look at this article in the Hammond, Indiana Times dated October 14, 2005:
I know for a fact that that Cheney personally called the BP refineries in NW Indiana to ask that they increase their production in the wake of the Hurricanes, ans their response is to decrease instead.
I know BP is not a US Oil Company, but they do operate here.
I also do not believe everything I hear or read. You have to look a little to find the truth.
The truth is that the oil companies are manipulating the system to artificially increase the prices. They are not re-investing, and they are not trying to help anyone in this country in a time of need.
posted on 10/28/2005 6:17:18 AM PDT
(.... One Nation, Under God.......)
What wonderful examples. In the first, Oil companies do not develop oil and gas prospects because no way exists to get the product to market.
Why does no pipeline exist? (HINT: ECOWHACKOS)
In the second, a refinery shuts down units for maintenance and safety inspections. Why? Because it is far cheaper to shut down units on a scheduled basis for inspection and maintenance than replace them when they burn down.
Malicious intent? Hardly.
posted on 10/28/2005 6:28:27 AM PDT
by Smokin' Joe
(How often God must weep at humans' folly.)
They are not re-investing
They are investing huge amounts of dollars in Alaska.
posted on 10/28/2005 9:15:37 AM PDT
(life is fragile, handle with prayer)
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