They are keeping the profits. Have you not heard about their record profits?
2006-09-04 09:18:50
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answer #1
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answered by yogurt 2
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The illegal and unconstitutional invasion of another sovereign nation was a result of two things: 1) George Bush has a personal vendetta against Saddam Hussein for humiliating his daddy during Desert Storm, and 2) Dick Cheney wants all that OIL swimming underneath Iraq's sands so he and his Exxon-Mobil buddies can get richer and richer and richer.
They tell you OIL is a commodity and pricing is due to supply-and-demand. Bull! They play with our heads be adjusting prices on a daily (if not hourly) basis. That way, we're tickled when $3.00-per-gallon gas goes down to $2.78, forgetting that just a year ago it was less than two bucks!
Oil company profits are at record highs, understandably. If they earn a 10% profit on a gallon of gas they sold at $1.00, they make 10 cents profit. If they earn the same profit margin when they sell gas at $3.00 a gallon, they make 30 cents profit with very little in the way of additional expenses for refining, marketing, and distribution of their product.
Once gasoline hits $6.00 a gallon (I predict by late 2007), the oil companies will continue their shell game with the American consumer. The day will come when we'll be delighted to pay $5.40 a gallon for gas instead of $6.10. And the greedy oil company executives and stockholders will laugh all the way to the bank while the rest of us find it difficult to make ends meet. Artificially-inflated gasoline prices will result in a stressed economy because consumers won't be able to buy other goods. Shortly after George W. Bush leaves office, this nation will be in a severe economic depression that will make 1929 look like an ice cream social at the Methodist church!
If oil companies really wanted to reduce prices at the pump, the solution is very simple: cut your obscene profit margins in half!
-RKO-
2006-09-04 09:40:19
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answer #2
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answered by -RKO- 7
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Well, obviously, the war in Iraq ISN'T fought for oil, or the gas prices wouldn't have gone up. It's the oil companies raising the prices, last year they showed a record 30 billion dollars in profit. That's AFTER taxes, and AFTER all they paid out for wages, etc.. 30 BILLION in overhead. Highest PROFIT ever made.
2006-09-04 09:23:15
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answer #3
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answered by dirtmerchant_12b 3
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"The biggest prize, by far, are the contracts to rebuild and develop Iraq’s vast oil resources, which some analysts believe could eventually rival Saudi Arabia as the world’s biggest source of oil. Though the country’s badly neglected oil infrastructure now produces a fraction of global supplies, much of its potential reserves remain unexplored."
The oil has yet to be tapped. The first thing is developing the oil fields.
2006-09-04 10:08:48
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answer #4
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answered by Anonymous
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The war is being fought for oil, just not by us. The US, GB, etal are fighting terrorism. The war for oil belongs to France, Germany, China and Russia. They are fighting, using the U.N. as their ground troops, to keep their oil contracts in place, their contracts to build nuclear production facilities for terrorist sponsoring countries in effect and their weapons sales to Syria and Iran in place. Yes, countries are getting rich off this war, just not the U.S..
Since you are blaming the almighty Bush for the increase in oil prices, do you also give Bush the credit for the recent drastic reduction (down avg. 43 cents and will probably go to $2.00 a gallon).
2006-09-04 09:33:29
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answer #5
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answered by John 2
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Because The war gives them the opportunity to raise prices because oil is up. Go study economics. The war is about selling guns that's who George Bush Sr works for people who sell Guns the carlyle group a large group of Saudi arabians. thats who Dick Cheney works for Halbertan People who profit from war. They make the weapons and sell the weapons and sell the stuff that makes it possible for soldiers to use the weapons. Tell me how profit for war is a christian Thing to do and tell my why YOU elect people who have a direct interest in selling weapons of war.Wake up and read about the causes of every war of the 20th century and who profited. You will find the name Bush was involved along with allot of democrats too evil is on both sides of the aisle. WHY cant you see that. Your so busy thinking about whos right instead of whats right your selling your country to evil people who care nothing about americans republican or democrat.
2006-09-04 10:40:20
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answer #6
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answered by Rich 5
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actually, this is my theory, the government found out that gas prices are going to go up. they crash two planes into the twin towers, and gain public support for the war in iraq. gas prices actually go down, but the government places a huge tax on it and we have to pay a lot more than we buy, the government gets rich off the tax, and we have to pay 3.00 dollars for a gallon of gas.
2006-09-04 09:20:42
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answer #7
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answered by xiy 3
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Well duh. If the gas prices were steadily going down, the oil companies wouldn't be making much of a profit off of this war, now would they? After all, they make their money off of the gas prices.
2006-09-04 09:38:31
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answer #8
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answered by ye_river_xiv 6
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Oil companies are fighting a war against us too.
2006-09-05 11:15:39
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answer #9
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answered by iknowtruthismine 7
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Does that tell you anything?
Maybe the liberal hype is just that...HYPE.
This war is not being fought over oil. This war is about radical Islam. This war is about terrorism.
2006-09-04 09:22:06
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answer #10
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answered by Anonymous
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Oil Companies are RAPING the American public.Profiteering,no more no less!
2006-09-08 09:14:51
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answer #11
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answered by Anonymous
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