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<blockquote data-quote="ToddFarmsInc" data-source="post: 542066" data-attributes="member: 8301"><p>Oy Vey! The senate inquizition was just a riot! Lets looks at a few facts that I don't remember hearing about during those procedings. </p><p></p><p>The government has not allowed a new oil refinery to be built in 30 years.(we can't burn crude oil) Due to the EPA, and other environmential groups we aren't allowed to drill in many many places, where the oil is plentiful, and in the USA. We aren't allowed to crack oil from shale in Colorado, Ohio, Utah, or anywhere else. This is choaking off or supply making us more dependant on the middle east, and we are at their mercy for what they set the price of fuel at. </p><p></p><p>The profit margin of the oil companies has been reported to be around 8 percent, Cocoa Cola makes more, McDonalds makes more, Apple makes way more (but you don't hear nearly so many people moaning the price of an I Phone). Lastly on that topic, someone else mentioned the stock holders, wich is true. Teacher unions, Firemen unions, all have stock in oil companys, but it would just not be politically correct to go after them.</p><p></p><p>Sure the salary of the CEO's of the large oil companys sounds exuberant. (especially in comparision to what I make a year) Now lets talk about what Senators make, and representatives make, and lets talk about what big name hollywood actors and actresses make per picture, what is Katie Couric making? Now all the sudden Oil CEO's don't sound so bad. </p><p></p><p>As bad as the price of fuel is, and as much as I hate it, I point way more of my fingers at our own government (and I mean BOTH Dems and Repubs!) for the fix we are currently in, than I do "big oil". And that is my own two bit opinion. </p><p></p><p>*steping back down off the soap box*</p></blockquote><p></p>
[QUOTE="ToddFarmsInc, post: 542066, member: 8301"] Oy Vey! The senate inquizition was just a riot! Lets looks at a few facts that I don't remember hearing about during those procedings. The government has not allowed a new oil refinery to be built in 30 years.(we can't burn crude oil) Due to the EPA, and other environmential groups we aren't allowed to drill in many many places, where the oil is plentiful, and in the USA. We aren't allowed to crack oil from shale in Colorado, Ohio, Utah, or anywhere else. This is choaking off or supply making us more dependant on the middle east, and we are at their mercy for what they set the price of fuel at. The profit margin of the oil companies has been reported to be around 8 percent, Cocoa Cola makes more, McDonalds makes more, Apple makes way more (but you don't hear nearly so many people moaning the price of an I Phone). Lastly on that topic, someone else mentioned the stock holders, wich is true. Teacher unions, Firemen unions, all have stock in oil companys, but it would just not be politically correct to go after them. Sure the salary of the CEO's of the large oil companys sounds exuberant. (especially in comparision to what I make a year) Now lets talk about what Senators make, and representatives make, and lets talk about what big name hollywood actors and actresses make per picture, what is Katie Couric making? Now all the sudden Oil CEO's don't sound so bad. As bad as the price of fuel is, and as much as I hate it, I point way more of my fingers at our own government (and I mean BOTH Dems and Repubs!) for the fix we are currently in, than I do "big oil". And that is my own two bit opinion. *steping back down off the soap box* [/QUOTE]
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