Finally Big Oil Shot Back

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Post by terry h on Wed May 21, 2008 5:14 pm

Hi Gang, As most may know, the oil execs are on the government carpet again.
Ya know the politicians just want to look like they are doing something to help the problem of high oil prices. Their solution; Add taxes. ??? Yah, right.

One of these political brain trusts wondered why in a free market, the price is so high?
The Shell Rep. pointed out that it is not a free market. They can't explore or drill most government land. They can't build refineries due to restrictions. If they get taxed more there will be less capital to do the exploring, drilling and refining.

Common sense. Of course the oil Exec.'s salary was brought up. What does that have to do with it? If they worked for nothing, it wouldn't change the price of crude one whit.

Clinton vetoed Alaska drilling. We would have that oil now were it otherwise.
Pander to the environmentalists I guess? The environmentalists are about power, not the environment. (I'm talking the top leaders, not the useful idiots) They are entrenched in our own government, and we can't vote em out. They are unelected bureaucrats.

The Presidential election is a no win for us. (as in USA) I hope you guys elect some good senators and congressmen. Up here, we are stuck with what we have.

Sorry to yak so long, but I had to get it out before going postal. Shocked

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Post by krystallo on Wed May 21, 2008 9:00 pm

Hi Terry.

I say to hell with them all. Suport the pending national flex fuel bill . Get a CHOICE in what you put in your car! Pull the rug out from under the terrorist states and greedy oil corporations. Also maybe see the price of natural gas go down if this passes. IF we continue on our current course ,we are headed for disaster. K

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Post by terry h on Thu May 22, 2008 2:32 pm

Sorry K, At 8% profit margin, I can't consider oil companies greedy.
I don't like government mandates either. If there is a demand for flex fuel cars, they will be manufactured. (being manufactured now actually) If you want one, go buy one. I use about 50 bucks worth of gas a month. I don't need a new set of wheels.
I don't think that the government forcing us to change light bulbs, TVs or cars will bring a brighter day.
The government doesn't know didley about designing a vehicle, and they have never produced a drop of fuel. Better they get out of the way, and quit the pontificating and mandating.
Best they stick to what they were created to do. Keep us safe and secure from countries that want to kill us.
What else does the government really do well? Post office? (it has been privatized) Social Security? (bleeding red ink) Medicare? (expensive fraud laden red ink bleeder)

The government is not our loving nanny. Remember Poppa Joe? (Joseph Stalin of Russia)

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Post by terry h on Thu May 22, 2008 2:50 pm

Sorry K, Forgot; To grow corn, you need a lot of nitrogen fertilizer. It is made from natural gas.
If we are forced to quit generating electricity from coal (clean tech method) here, the plants will be converted to...natural gas.
Put a pressure tank in your car and you can burn...natural gas.

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Post by Doug K. on Thu May 22, 2008 7:34 pm

You can get the conversion kits here:http://mycngkit.com/Buy_CNG_Natural_Gas_Bi-Fuel_Conversion_Kit_For_Any_Ford_CNG,_Chevy_CNG,_GM_CNG,_Nissan_CNG,_Toyota_CNG.html
There is also an outfit that was marketing a fuel your car at home system called myphill info here:http://myphill.com/
Doug K.
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Post by bill alexander on Mon May 26, 2008 4:24 pm

cheers I did not get a chance to see this because I had to work, did catch some
of the answers on the RADIO..I cannot believe the stupidity of Maxine Waters..she let her Socilist Slip show to speak..she and all the Commie-Libs are going to take over
Big Oil?..what a bunch of B.S.,,,They are going to tax profits? they are just going to
drive the price up..they are the problem..the congress..they have blocked drilling in
Alaska..the Gulf and shale oil for years..you cannot lower the price until you increase
supply..Taxing the Corp what a Joke..they just pass the tax on to consumers you and I.. People like Ms Walters Should be run out of office, they are IMO unamerican, dangerous and should not have power over anything.... Suspect
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Post by sprman on Mon May 26, 2008 8:56 pm

Hi first off we have had since the 1970s to do something about oil! This country needs to wake up!Its out own fault for being a sleep at the wheel.Now we are paying for it big time.This countrys going down the tubes slow but sure! Sprman : (

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Post by butch on Tue May 27, 2008 12:35 am

i am fed up with things too .i still can't see why we are still burning gas without developing other sources electric cars exist steam cars used to exist .i know these aren't practical but they could be if there was a way to switch over i guess not much chance with a gas station on every corner.i hope someone comes up with a way to run a car on rf or magnetic energy.butch

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Post by LarryC on Thu May 29, 2008 4:59 pm

What do you mean "going to take over", they already have.
The republican party has been taken over by the libs. I disagree with Limbaugh on his evaluation of this, the libs don't need to leave the republican party, the party needs to leave the libs. The libs didn't put themselves into office, twas the people who voted them into there.
There is no conservative party in this country anymore, and it won't be fixed in 4 years like limbaugh thinks, it will be more like 20-30 years before the public changes enough to come to the realization that liberal thinking is inefficient, costly, and intrusive.
Other world countries are moving back towards the right, but in the USA we have moved to the left, soon it will be far left.
Socialism (communism) will sweep across this land, and I see nothing being done by the PUBLIC to prevent this from happening.
WE THE PEOPLE ARE STUPID!!!
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Post by terry h on Fri May 30, 2008 2:24 pm

Yes Larry, stupid by design. Remember the public school system that doesn't teach teach history or economics?
Higher education is full of liberal profs.. I do some a favor by calling them liberals. Truth be known, many are displaced commies, and will admit it.
I am plenty worried about our state of affairs.

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Post by scottb on Fri May 30, 2008 4:21 pm

All 3 candidates are for cap and trade!!! Be ready for 6-8 dollars a gallon!!!!

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