Posted on 05/24/2007 4:50:40 AM PDT by Kaslin
Yeah, that’s gonna help a lot. Typical of these do-nothing, anything for a meaningless headline fat cats. We must never elect another incumbent to the congress.
They can drive prices down too..... Investors take the risks and rewards....they do not control market forces....
Hey look, its Bill O’Reilly!
Watching too much CNN or The View?
For the past three months, oil prices have been basically flat.
Refinery outages combined with increased demand brought our gasoline stocks low.
The restrictions to build refineries leaves us with very little spare capacity so upsets have greater impact.
Eww, I ought to report you for abuse. It’s good that I had my breakfast over an hour ago. Otherwise I would have lost my appetite
Thanks for having mercy....Lately everything reminds me of Rosie's O......
The dems lowering the federal tax on gas? You must be delusional
Supply and demand determine price. How does gouging work? Does regulation help or hurt your cause?
to post 2.
I have been saying something similiar,
for a long time.
everthing BuSh does, is just more,
problems, BS, problems, BS, rules, and BS,
having the effect of racheting prices higher.
I can understand. LOL
If service stations making a dime a gallon and oil companies making a dime a gallon is “price gouging”;
what do you call it when gas taxes amounting to close to a DOLLAR A GALLON in many states is called? LOL
Do you think there is a conflict in having public representatives of the government own stock in the oil, energy industry when it is alleged regulated in a large degree by those in government who own those stocks?
Simple question.....
“What stops you from owning the oil stocks?”
Nothing but if I did I have no conflict in owning same.
You would not need Federal regulation unless you wish to ensure the ability of an industry to manipulate prices and product is not possible or at least mitigated. Thus, allowing elected Public officials and their family own stock in an industry that has heavy Federal scrutiny and regulation is a conflict. It begs for corruption.
Simple answer = no
Maybe you should go purchase some oil company stocks and reap the rewards. Or do you prefer to caterwaul and bitch all of the time? Simple question.
1. Whether I own oil stocks is my chioce.
2. Your answer to my questions says more about you then I could ever.
Ok, so you prefer to caterwaul and bitch. But you should still consider purchasing some oil stocks. EOM is a great one to start with, what with record profits and all.
WTF are you talking about?
the refinery markup is at least 75 cents.
Profit margin of these companies run 10% including crude oil production.
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