Thank you, Big Oil (Good read)

American Thinker ^ | June 14, 2008 | Todd Keister

[IronJack]

I suggest that you get down on your knees and thank God for the ... [people who] ...have the creativity and courage to provide the energy that keeps all of us alive and enjoying our modern way of life.

Yeah, and all those kind, loving altruists get out of it is a couple gazillion dollar a year in profits.

Such selfless nobility brings a tear to my eye ...

[Glenn]

Geez. Let’s have them sainted, eh?

[wastedyears]

Excellent article

[jazusamo]

Nah, maybe just Knighted. :)

[jonrick46]

Congress has created a bureaucratic regulation industry that has dominated the culture of Washington DC for years. It is this industry that operates on their own self interests with no regard for the security of this country. For the sake of this nation's future, I hope McCain understands that it is absolutely essential that this industry be dismantled before it makes those changes represented by the Marxist candidacy of Obama.

[CPOSharky]

Yeah, and all those kind, loving altruists get out of it is a couple gazillion dollar a year in profits.

Where do you get your fuel from? The Nancy fuel stations or the Reid fuel stations?

(A 10 % ROI is not that much.)

[Jacquerie]

Okay Comrade, what profit margin would you limit any business to?

[GOPyouth]

I play a crucial part in making mineral owners, communities, and local economies a LOT of money. The Barnett and Bakken shales are pumping some serious money into the economy. And it's no wonder Fort Worth is one of the top cities to live in America.

And I'm sure that these people bitching about the oil companies would turn down the several thousand dollars per acre checks the oil companies are cutting to people for oil/gas leases. /sarcasm

[Dog Gone]

You obviously gave them huge credit when they were bleeding and going belly up in the late 1990s, weren’t you?

Weren’t you?

[mulligan]

Without the oil companies and the other businesses those idiots in Congress would be out on the street looking for a real job. And who would hire them?

[businessprofessor]

Yeah, and all those kind, loving altruists get out of it is a couple gazillion dollar a year in profits. Such selfless nobility brings a tear to my eye ...

Your ignorance is overwhelming. Do you understand the concept of profit margin? Did your leftist education not cover this concept? Do your understand the concept of risk and return? Did your leftist education omit this concept also? My mathematics education did not cover the gazillion quantity. How much profit gets a company to a couple of gazillion dollars in profit? Who owns these oil companies? Do the greedy CEOs own the oil companies?

If you are so adept, perhaps you can start a company to produce energy for lower costs. You can then allow our noble Congress critters to steal your profits.

[668 - Neighbor of the Beast]

the North Sea, which itself is more than two miles under stormy, frigid water

Eh? The North Sea is not that deep.

[MainFrame65]

The author needs to get his facts right - only 2% of our oil consumption is used to generate electricity. Most of our electricity comes from coal.

[tallyhoe]

Oil companies do not set oil prices. The speculators do, Like T-Boone Pickens and Mr. Soros.

[org.whodat]

Yeah, and all those kind, loving altruists get out of it is a couple gazillion dollar a year in profits.

Such selfless nobility brings a tear to my eye ...

Sort of, if you don't kiss big oils presidents as# and support their 100 million dollars salaries you can go eat cake. "Screew" big oil and their executives, there are a lot of empty light poles on wall street.

[org.whodat]

Oil companies do not set oil prices. The speculators do, Like T-Boone Pickens and Mr. Soros.

Lots of empty light poles.

[what's up]

Yeah, and all those kind, loving altruists get out of it is a couple gazillion dollar a year in profits.

The thousands and thousands of oil workers EACH get a couple gazillion a year?

Wow. I never knew that.

[truthguy]

Have you noticed that when the news media (MSM) reports profits of the oil companies that are at record levels, they always report the profits in absolute numbers. They never report the profits in ROI which is the only true way to report profits. If they were honest and reported the profits in ROI then it would not be so sensational.

[sam_paine]

fascinating. Obama and Mccain sit in a Congress of 533 other jerks who right now squander literally hundreds of billions of dollars per month of OUR money...

whether we drive or not

....and yet even freepers can only focus their vitriol on the handful of execs who actually deliver a product.

Read up on your Rand. The businessmen are not "The Looters."