Since he has been in, the cost of fueling your gas guzzlers have gone up the $3.00 plus mark. the nation's economy is hurting more now than ever before.
2006-07-24 12:39:34 · 8 answers · asked by Pat N 1 in Politics & Government ➔ Government
Bush IS an oil man. He is big oil. His interests are big oil. Hes supported by big oil. So is Cheney.
Big oil is getting record profits and its profiting from the war more than anyone. This is certainly costing taxpayers a fortune. Yet of course the war was a humanitarian effort and had nothing to do with Haliburton or big oil. Suppression of alternative fuel technology was nothing to do with the oil corps, and Im sure their concerns about global warming are sincere.
Dont you know pot smoking liberals made up all that stuff about global warming...
2006-07-24 12:56:14 · answer #1 · answered by PeaceTree 3 · 1⤊ 0⤋
Are you hopelessly naive, or is this a rhetorical question? There is only so much oil in the ground. It's nearly all gone now. In order to make exploring for and pumping out the last of it happen, the prices have to go high enough to make this economically feasible. That is, there has to be a profit in it. Where the costs go up dramatically, the retail price has to go up to provide a profit. No company can afford to operate without a profit; their stockholders would desert them, and the company would fold.
A better question is when will the alternative fuels become economically feasible? We have some buses here that run on compressed natural gas, and I hear there are now quite a lot of cars that run on alcohol or gasohol. If these more renewable resources are developed before all the petroleum is used up, we may not have to suffer a huge economic depression in order to get us into the future without petroleum. Because the future WILL be without petroleum: There's only so much of it in the ground.
2006-07-24 19:49:01 · answer #2 · answered by auntb93again 7 · 0⤊ 0⤋
Probably bribes and ect. Think from the oil company's view.
Since you're a company, your first objective is $$$.
To obtain it you need oil.
Give politicians a little $$$ and BOOM you got protection and can now attack Iraq for more oil and since oil already sells for such a high price, why not raise the price even more so that you can now sell the same amount of oil for twice the price but now you have MORE oil to sell. Its a perfect win win situation. If I was a CEO I'd probably do the same since money to me would matter more than anything eles due to the fact that in the modern western world, money IS power. (not the whole world since money's value is limited when religion or ideology comes into play)
But Im not a CEO so I'm complaining about this too. It all depends on your role in this society I guess.
2006-07-24 19:45:56 · answer #3 · answered by Jake 2 · 0⤊ 0⤋
Bush works for the corporations not the people. You would think with all the experience with oil, Bush and friends would at the very least come up with some ideas to lower fuel cost not just tell us to give up freedom and drive less.
2006-07-24 19:47:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The main culprit seems to be the large role presidential campaigns play in elections. With Big Oil donating millions of dollars to Bush's campaign, inside politics make it a given that Bush will support them in return.
2006-07-24 19:44:48 · answer #5 · answered by cass12runner 1 · 0⤊ 0⤋
Is he? How so? I see no evidence of this. I only see liberal hacks like yourself making accusations they can not back up. Is ur evidence the profits of the oil companies? Where is ur proof?
You back up ur claim, and I'll counter it.
2006-07-24 19:43:59 · answer #6 · answered by jack f 7 · 0⤊ 0⤋
Because he owns one. I just found out about a month ago.
2006-07-24 19:43:12 · answer #7 · answered by ladysodivine 6 · 0⤊ 0⤋
They are family,more or less,best friends(very wealthy best friends)...tom science
2006-07-24 19:49:56 · answer #8 · answered by Anonymous · 0⤊ 0⤋