Posted on 07/16/2008 8:37:19 AM PDT by janereinheimer
Thank you Mr. Carter.
This is news to me. And it’s also one of the things that Quint and I dearly love about Free Republic because we’re one big collective brain, it seems.
I wondered where Castro got the idea he could do this. Now his relationship with Chavez makes more and more sense.
I heard on C-Span the other night that the oil company profits are in the 8-10% range. That’s not an obscene percentage for profits.
And this morning, on Fox News, I also heard that BP was drilling down 45 miles below the ocean floor in one location near Alaska. That doesn’t sound cheap to me.
My point is, big profits go toward some pretty big expenses. Although I do agree that the benefit packages of oil executives are what I consider way too high. But I don’t have a big enough brain to figure out what they figure out. I do know they don’t strike pay dirt every time they stick a drill into the earth’s crust, though.
Our priorities are turned upside down in this country. For instance, a CEO of an oil company can have a $400 million benefit package but school teachers and military personnel have to eke out a living on what they’re paid.
But that’s grist for the mill for another thread.
painting = paying
sorry
here is some documented info from author and former gas station owner Richard Clough...
http://thetruthbehindhighfuelprices.com/blog/
Alot of leased land that cost much without any permits even filed to drill!
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