How much is are the taxes on gasoline now? Windfall profits BY THE GOVERNMENT!
Posted on 03/25/2008 5:01:44 PM PDT by shrinkermd
Get real. They may not be delivering less product on purpose (but I bet they are, since I worked there) but it’s a mess anyway.
Maybe you shouldn’t get so snarky over someone questioning the oil market, eh?
You say all that, but last I heard it’s about $5 to deliver a barrel out of the ground in Saudi.
There’s MASSIVE profits being made. Maybe not on Exxon, but there is someplace. Get it?
The price won't come down unless the public starts conserving, but Americans are too much in love with their cars. They'll jump in the car for a pack of cigarettes.
Planning the use of the car for shopping, etc. is a pain, but it works. I've cut down my driving jaunts and I'm saving a bunch of money.
Those who have to use their cars for work have a difficult time....but saving on evening and weekend driving is quite possible.
If I'm a baker and sell my bread for $1.00 a loaf and then raise the cost to $3.00 and my customers shake their fists at me but still pay the three bucks, why should I ever go back to the 1 buck price? Just to be a good guy?
On the other hand, if my customers cut back on bread eating and my business slacks off, you better believe I'd drop the price back down in a heartbeat.
Why scream at everyone who are the usual suspects in high fuel prices when something CAN be done about it with some individual effort. Not talking about that nasty word "sacrifice", just cutting back.
Leni
I bet your 401k or IRA has investments in oil stocks. If you want to become "richer," buy more on your own. Stockholders own corporations.
Your post merely supports mine. If I were a politician reading what you wrote, I’d know I could count on your support. I suggest you simply stop buying gasoline...and stop voting.
Maybe so, but not it’s not paying off enough. I doubt that many are really better off with extreme overpriced fuel.
Those that are, bravo on the gamble. However, at what cost to everyone else? This is a case where gouging really brings the standard of living down for nearly everone.. Yes, even those invested in high fuel prices aren’t doing that great. It’s the arabs and the upper echelons of the companies that are making it big. You know that.
I doubt your position at Exxon had anything to do with the E&P side or you wouldn’t have made the posts you have on this thread.
You’re being snarky about Exxon. Why should I not challenge you on it when you’re wrong, eh?
Politically there’s little to be done. A lot of the price is built into futures and ‘fear’.. That stuff may or may not work out. I’m betting it won’t work out, and the rest of the world will suffer for it.
What’s your position with Exxon?
You should really try an economics class. I hope that someday you can get over your dislike of wealth, profits and evil corporations. Those negative emotions are clouding your reason.
Give me a break. I know all that about supply and demand and free market and inelastic/elastic markets and also more than you do about corruption and the energy market.
How much is are the taxes on gasoline now? Windfall profits BY THE GOVERNMENT!
But they care about the planet, you see. Bunk.
Why is that?
When you find out, let me know.
If you have any mutual funds in your IRA, 401-k or 403-b, chances are you own some.
Yeesh, I know.. Me too. Doesn’t make the business any less of a racket though.
for later reading....
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