To: Anonymous Rex
"The U.S. purchases and consumes over 50% of the worlds oil"
WRONG. It's more like 22-23% and we are not in control so long as demand is pushing close to the limits of current available supply. When the Demagogues and RINOs allow the USA to actually maximize our own oil production then we might have a basis for bashing companies and countries. Until then, we are in the preposterous position of having screaming Demagogues like Leahy bleating about pricing and supply while blocking off substantial areas of potential production offshore and in ANWR.
68 posted on
05/21/2008 9:58:35 AM PDT by
Enchante
(Barack Chamberlain: My 1930s Appeasement Policy Goes Well With My 1960s Socialist Policies!)
To: Enchante
Record profits on the part of the big oil companies is not being generated solely on an increase in production, it’s being generated on the artificially inflated cost of oil. They are complicit in that artificial inflation and anyone who doesn’t believe that has their head in the sand.
When they say things like “we’re doing what’s best for our shareholders” they are admitting it.
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