How does Bush, Cheney, and Halliburton benefit from the high gas prices?

Question

I need factual information for a research paper that I am doing on rising fuel prices and the effects that it has on middle-lower class citizens. I want to show that middle-lower class citizens suffer but prove that Bush, Cheney, and Halliburton actually benefit from these high fuel prices.

Answer 1

They have shares in the oil companies particularly those operating in Texas.

Answer 2

The truth is they don't in stock market you bry weather a stock will go up or down. So the stock market shoud not play any roll in this.

As for the halliburton. Don't know if you know this but it's illegal for Bush to get any kick back from the quail hunter. And yes thoes where lies that roy40372 posted.

election time also plays no roll in this. It's called supply and demand we where lucky this year no big huracan's this year or any resion for a drop in price. If we have a warm winter this year it will stay this way.

All I see on this post is a bush of BS Bush bashing. No facts at all if this kid types about this BS he's going to get a big fat F for no facts. Time to wake up guys Bush does not have the power to rase or lower gass prices. If I am wrong show me where. Show me where it says that the president has full power over gass prices.

Answer 3

Bush-personal stocks/investments, kickbacks to the Republican Party via donations from big oil to the Republican National Committee--Big oil is the biggest contributor to republican campaigns so when congress doesn't try to pass bills that cap pump prices or windfall profits they can charge whatever they want for gas. Now--it's election time so big oil is dropping it's prices in hopes of making their candidates look a little bettter. Bush's extended family also have extensive oil interests
Cheney--? Put Cheney and oil in a search engine and I'm sure you come up with somethin--probably sits on some oil companies board of directors or somethin.
Halliburton--There a construction co. that works on oil refineries and they benefit through the contracts they are given due to the fact that big oil can afford to hire them for extensive projects.

Answer 4

War and skyrocketing oil prices have been good to Halliburton's CEO David Lesar, whose stock in the company increased by an estimated $78 million since the U.S. invaded Iraq in 2003, a HalliburtonWatch analysis reveals. - On September 1, three days after Hurricane Katrina hit New Orleans, he sold stock pursuant to his stock option plan, earning a one-day profit of $720,100. One week later, on September 8, he similarly earned a one-day profit of $782,000 by selling stock.
While the Bush Administration calls for the immediate disbanding of what it has labeled "private" and "illegal" militias in Lebanon and Iraq, it is pouring hundreds of millions of dollars into its own global private mercenary army tasked with protecting US officials and institutions overseas. The secretive program, which spans at least twenty-seven countries, has been an incredible jackpot for one heavily Republican-connected firm in particular: Blackwater USA.
Halliburton subsidiary KBR got $12 billion worth of exclusive contracts for work in Iraq. But even more shocking is how KBR spent some of the money. Former U.S. Army Corps of Engineers official Bunnatine Greenhouse is blowing the whistle on the Dick Cheney–linked company's profits of war - As for learning the real extent of malfeasance in Iraq, that may never happen. The Republican majority in both houses of Congress seems disinclined to hold more hearings—or to exercise the subpoena power that only the majority wields. All the Democrats can do is shake their fists.
Few companies represent the corporate face of the Bush administration quite like Bechtel of San Francisco. And few - Vice-President Dick Cheney's old company, Halliburton, is the only possible competitor - were quite so identified with the drive to overthrow Saddam Hussein, starting months before the US-led invasion began.
Halliburton, the Texas company which has been awarded the Pentagon's contract to put out potential oil-field fires in Iraq and which is bidding for postwar construction contracts, is still making annual payments to its former chief executive, the vice-president Dick Cheney. - The payments, which appear on Mr Cheney's 2001 financial disclosure statement, are in the form of "deferred compensation" of up to $1m (£600,000) a year.

Answer 5

The only ones who benefited was the oil companies and the taxes the the government gets per gallon of gasoline. So you will have to expand your beneficiary's to the whole government both state and federal. Sorry....you can't pin that on this administration or any administration for that matter.

Answer 6

They are simply hoping that the high gas prices will frustrate Americans enough to cause them to riot. Then, martial law will be instituted by foreign troops already on U.S. soil (because American troops are overseas in order to leave the rest of us defenseless) against Bush's new torture laws plus THESE secret and evil plans!...
http://www.global-conspiracies.com/fema_concentration_camps.htm
http://www.gnn.tv/threads/9229/FEMA_DEATHCAMPS_AND_THE_RED_AND_BLUE_LIST_UNDER_MARTIAL_LAW
http://www.thepowerhour.com/news2/ftct.htm

Answer 7

halliburton is one of the largest oil drilling companies in the usa. the quail hunter still owns most of halliburton, bush gets kick backs from the quail hunter. now does that shed any light on the subject?

Answer 8

100 million and growing

Answer 9

no! really? since when does proof mean anything to you?
good luck!i may be the only answer you get but if not you won't get any with any proof.

Answer 10

YOU WON'T GET ANY FACTS ON THAT INFO . IN CASE YOU DON'T KNOW , BY THE WAY . GAS PRICES HAVE BEEN STEADILY DROPPING .