Blame the Dems yada yada yada.
Blame the Pubbies yada yada yada.
As long as each side can keep the finger-pointing going, the status quo is maintained. That keeps the politicians happy, getting those special perks from the oil industry. That keeps the oil industry happy, as they are making huge profits, which keeps their stockholders happy. That keeps the oil supplying nations (usually dictatorial) happy, as they earn $Billions.
And the sheeple fall for it.
It has been going on since Nixon was president, so,
Blame the Dems yada yada yada.
Blame the Pubbies yada yada yada.
[As the politicians, oil execs, oil stockholders, oil suppliers sing: ‘Hi ho, hi ho, it’s to the bank we go....]
Yes, all those evil oil stockholders..................
This is exactly the point I was arguing with my Liberal neighbor over the weekend. All this Republican/Democrat finger pointing is fodder for the masses. At this point it's all water under the bridge.
The real question is how much longer will it be before Congress, Republicans and Democrats alike, get off their collective asses and get out of the way?
I expect nothing from Democrats except repeated "plans" to tax us into oblivion, as if that were, in some way, going to help matters. If the Republicans were serious about curing our energy woes they would be publicly beating the Dims about the head with their flawed plans. They aren't and this is an election year. If not now, when?
Either the Republicans are clueless and have no idea what to do, or they are complicit and have a vested interest in high fuel prices. Personally, I think it's the latter.....
Yeah, the evil oil execs are conspiring to NOT supply the product that they sell and make money from.
I’m going to open a restaurant and limit the amount of food I serve per day, despite the demand. I think I’ll get rich that way.
It may be finger pointing, but admitting the source of the problem is valuable if we are to do something about it. The oil companies make only a few percent profit on their investment. It just happens that that investment is huge and thus the profits are large. No other business would operate to make as small a margin on their product as oil companies do.
The Dems ARE the primary reason we are in the predicament we face. Has we drilled more, built more nuclear, used coal and other resources we have, we would not be in such bad shape. At least President Bush tried to do something about it. Congress has failed us!
Yeah, that explains why the price has been steadily going up. Except for the crash of 1982, the crash of 1986, the doldrums leading up to Gulf War 1, the crash of '99....
Actually, it doesn't explain much of anything
The American people in general could not care less about oil, so long as it is cheap. There were quite a few years when things were d@mned lean in the oil patch, when top-heavy corporations fell over and were consumed by the most efficient.
Now, people whine and gripe over CEO bonuses which were awarded for decisions to invest billions, made when oil was all of 15-20 dollars a barrel, which have paid off since, becuase, unlike most folks, these guys saw the shortage coming, fueled by low prices, loss of production from uneconomical wells which were plugged and abandoned, and the shift toward less fuel efficient vehicles, not to mention increasing global demand.
No one was accusing anyone of singing "... ‘Hi ho, hi ho, it’s to the bank we go...." back then.
That keeps the politicians happy, getting those special perks from the oil industry.
So who got what? Name names, I'm all eyes.
You need to go back to school with those dumb ass remarks.
U.S. Oil companies own only about 3% of world oil reserves.
Saudi Arabi, the government of Saudi Arabia, owns 33% of world oil reserves. So if you want to blame anyone blame the non-productive government owned oil companies in the Middle East who even with some private contractors still cannot produce enough oil to keep up with demand.
In addition U.S. oil companies pay more in taxes that they earn in profits. The profit they earn is only at most 10% of sales.
You are blaming U.S. oil companies without proof or knowledge of the facts.
Yes, I hear the liberal media and liberals/Socialist/Democrats and Michael Savage blaming the oil companies, saying the oil companies have paid off the politicians. Liberals do this because they are Socialists or Communists, whatever you want to call these Marxists.Why do you do the same?If that is so then show the proof. Give names like another Freeper asked.
If the oil companies controlled politicians then why are the private companies taxed and regulated so much and restricted from drilling in so many places like ANWR, Off the coasts, In Montana and North Dakota etc.?
U.S. private industry is the only thing in the world that can produce enough energy to keep up with demand. But government has to be shrunken and Democrats and government have to get out of the way of private energy companies so that they can drill for oil, build coal power plants, coal to oil, etc.
Democrats have restricted supply by creating environmental laws,government regulations, and high taxes that don’t allow companies to drill for oil profitably or not at all in ANWR, North Dakota , Off the coasts etc.
In addition Democrats have restricted coal production. The U.S. has 600 years of coal , the most in the world. Coal can be liquified and gasified into oil and gasoline. But Democrats/liberals will eventually ban all coal and oil production because they say that these fossil fuels are destroying the planet with global warming. Global warming is hoax
Also Democrats have not allowed refineries to be built in 30 years, nuclear power plants, coal to oil, oil shale ( 1 trillion barrels of oil in Colorado) etc.
Democrats’ goal is to destroy capitalism. As capitalism goes so will our economy and so will our freedom.
Global warming is not real so it will not destroy our civilization. Democrats/liberals/Socialists will destroy our civilization because they are killing the engine that drives the Economy , Capitalism (private industry). The run up in gas prices is just the first sign that Democrats are succeeding in destroying the economy and with it our civilization and our freedom.
Democrats also want to increase the size and power of government and they use scare tactics and this global warming hoax to do it.
The liberal mainstream media is the main force brainwashing the public into believing in this hoax of global warming.
Government has to be shrunken and not grown. The government is taking away investment capital from the productive private sector and the government is taking away our freedoms and the freedom of businesses and of the economy.