oboy...Bush...

[clips]

i think bush is sleeping with these big oil companies,..they just reported that they made an 8 billion dollar profit for the first quarter...and this idiot is sayin "uhm we shouldn\'t tax them"..:rolleyes:..these oil companies can easily pass the savings on to consumers and it wouldn\'t hurt them in the least...but they won\'t why?...greed is the word of the day folks...

On another front iran has basically said f**k you to the u.s. and the world...and they pretty much can say that and not worry about the u.s. doing anything,...they know that the u.s. is tied down in iraq and know good and well that they can call any bluff by the united states...thoughts?


http://www.yahoo.com/s/135783/*http://news.yahoo.com/s/ap/20060429/ap_on_go_pr_wh/bush

[videoholic]

You do realize that the US government makes 69 cents per gallon of gas and the gas companys make 7, right?

I think what the government needs to do is lift all of the tax exemptions and benefits they give to the oil companies.  They can support themselves.


People, if you don\'t like oil companies making money, then FREAKING INVEST IN FREAKING OIL COMPANIES!!!

You do realize that the US government makes 69 cents per gallon of gas and the gas companys make 7, right?

I think what the government needs to do is lift all of the tax exemptions and benefits they give to the oil companies.  They can support themselves.


People, if you don\'t like oil companies making money, then FREAKING INVEST IN FREAKING OIL COMPANIES!!!

You confused me

[videoholic]

iF YOU THINK OIL COMPANIES ARE MAKING TOO MUCH MONEY, THEN INVEST IN OIL.  tHAT WAY YOU MAKE CASH.

And be like Bush and support my and their interests against someone else?

You do realize that the US government makes 69 cents per gallon of gas and the gas companys make 7, right?

I think what the government needs to do is lift all of the tax exemptions and benefits they give to the oil companies. They can support themselves.


People, if you don\'t like oil companies making money, then FREAKING INVEST IN FREAKING OIL COMPANIES!!!

http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp

Taxes on gasoline were approximately 19% as of March 2006.  At an average national price of $2.91, that is approximately 55 cents per gallon.  I don\'t know where you came up with the 7 cents profit figure.  The energy companies are unlikely to provide that information willingly.

I agree that any and all government subsidies and supports for energy companies should be eliminated.

The oil companies offer the same stats here... They make a big deal about how in Canada, the price at the pump is:

39% tax
42% crude costs
17% refining costs
02% profit

So technically, yes, at the pump they make a couple cents per litre.  On the other hand, guess who sets the \'costs\' of crude and refining?  Same oil company.  So that 42% crude "cost" is probably split into about a 90% profit, and 10% cost (if not higher profit).  As prices at the pump rise, the tax % remains constant, as does the profit at the pump, but the profit in the refining and crude costs rises dramatically.  See, the oil companies don\'t make 8 billion at the pumps, they make it by profiteering at each step of the process, extraction, sale, transport, refining, transport, sale.

[clips]

i think understand your logic there a little better...but regardless if they make their profits through manufacturing processes or not, you mean to tell me that they cannot pass some of that on to consumers? an 8 billion dollar profit?..sorry i not buying that,..i remember last year when katrina was about hit and they were worried about some of their offshore oil mining contraptions being damaged,..gas prices in some places was 6.00 a gallon and guess what?..none of these offshore oil mining machines were damaged...

i feel like smakin\' alot of these reps for the oil companies that come tv and say that they cannot pass savings onto consumers,..only response they say is..."well the process is much more complicated than passing on some of our profits to consumers"...:rolleyes:..it\'s all bulls**t...

[videoholic]

http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp

Taxes on gasoline were approximately 19% as of March 2006.  At an average national price of $2.91, that is approximately 55 cents per gallon.  I don\'t know where you came up with the 7 cents profit figure.  The energy companies are unlikely to provide that information willingly.

I agree that any and all government subsidies and supports for energy companies should be eliminated.

Energy companies have to show how much they make per gallon.  THey are publicly owned.

And it must not be 7 cents.  It must be a percentage. Otherwise they wouldn\'t make more money as the price goes up.

But my point is the government takes way more money than the oil companies do per gallon.  And they should.  They have a ton of roads out there to upkeep.

I\'m just saying the government is trying to take money away from them and scorn them, yet they make far more money per gallon.

[videoholic]

i feel like smakin\' alot of these reps for the oil companies that come tv and say that they cannot pass savings onto consumers,..only response they say is..."well the process is much more complicated than passing on some of our profits to consumers"...:rolleyes:..it\'s all bulls**t...

Just invest in the oil company and the profits will come to you.

[clips]

Just invest in the oil company and the profits will come to you.

tru enough,...but the point i was making is that gas is a necessity,..everybody knows that, just like food is a necessity,..but how would you feel if the price of food went up 80%?..surely your first respone wouldn\'t be "hmmm maybe it\'s time to invest in the food market"..i\'m sure you\'d be be pissed for a moment...ultimately at the end of the day there\'s nothing we can do about it, except as you say invest in the markets that are making money...i just feel that they can pass some of that profit on to the american citizens.

[videoholic]

Food isn\'t coming to an end.  If there was a shortage on rice and we are making as much rice as possible and yet there is still a shortage, I\'d say invest in Rice.


When the hurricanes swept through here in killed our Tomato crops.  Tomatoes became expensive and the fast food joints and restaurants stopped putting them on salads and sandwhichs.  THe prices went way up on Tomatoes because they were having to be shipped here from elsewhere and there were fewer than normal to be had.

Supply and demand.


Everyone wants a free hand out.  It\'s the american way.

Food has only a matter of time.  Current agricultural yields are sustained by the oil industry (fertilizer), and modern farming techniques use a heck of a lot of crude.  

As for oil profits, they make profits at EVERY stage of processing, even when it\'s just a technicality... selling product to themselves.  In any event, we\'ll see how long the public will stand for 30 billion dollar a year profits.

Stop driving. That\'ll alleviate the problem. The country does a lot of bitching yet people are still buying big cars and driving around as much as they always do.

Taxing a company and their profits seems even more obscene than gas prices. Anyone believe that gas prices will drop once a hefty tax is imposed? LOL! Yeah, I suppose some of believe that those state taxes are going to fix the roads too. Bwhahahahaha!!

[clips]

Stop driving. That\'ll alleviate the problem. The country does a lot of bitching yet people are still buying big cars and driving around as much as they always do.

Taxing a company and their profits seems even more obscene than gas prices. Anyone believe that gas prices will drop once a hefty tax is imposed? LOL! Yeah, I suppose some of believe that those state taxes are going to fix the roads too. Bwhahahahaha!!

damn Vid, i\'m not lookin for a free ride, just that these  companies clearly can pass on some of that profit to us at the pump...an 8 billion dollar profit?..not for the year,..but for the the 1st quarter!...it\'s just greed plain and simple....


Ace, stop driving?..that\'s damn near impossible, even if people did cut down on their driving for frivilous issues, it still wouldn\'t put a strain on the oil companies,..perhaps if you live in a big city like ny, where you can just hop on the train or catch the bus, but down here in georgia, at least where i\'am you gotta drive your whip,..even goin to the corner store requires you to drive...