Fuel prices are going up, up, up. The industry, and middle east sources are saying on the news they we are "well supplied". Oil execs are getting $400 million severance packages, (isn't that a bit excessive?) My business is locked into a contract price so it can't go up in reflection of the cost of the fuel that my business runs on and depends on. The Israel/lebanon conflict is half a world away and no real threat to any oil producing station that I can see on any satalite map, yet, we are being squeezed even tighter at the pump where it would actually be cheaper for me to close my business than to keep it running. So why in the hell are we, the end consumer hurting and not the guys with the $400 million severance packages? Why can't they bite the bullet with a $10 million severance package?
2006-07-25 05:54:19 · 4 answers · asked by dread pirate lavenderbeard 4 in Business & Finance ➔ Corporations
You are right.
Markets, especially commodity markets are driven by nervousness about the future. So you can expect craziness in those markets.
But oil is another story. If the oil companies were using their billions to fund alternate fuels (like ethanol), then maybe I'd go along with it. Instead, like you say, they give the windfall profits to their shareholders and themselves.
About time for the governments to step in with some price controls to stop the gouging.
2006-07-25 08:31:36 · answer #1 · answered by Karl the Webmaster 3 · 2⤊ 2⤋
then you should close your business and go on vacation
life is too short
2006-07-25 05:58:04 · answer #2 · answered by brainiac 4 · 0⤊ 0⤋
we are the have nots, and let them eat cake, is the attitude of the have mores
2006-07-25 05:57:42 · answer #3 · answered by Anonymous · 0⤊ 0⤋
WHERE IS THE FREEDOM!!! THE LOVE!!!! THE PRIDE THAT ONCE GAVE IS LIBERTY!!!
DAMIT WHERE IS PEACE MY BROTHER!
2006-07-25 05:58:11 · answer #4 · answered by ~Peace~N~Love~ 3 · 0⤊ 0⤋