2007-02-02 03:10:02 · 8 answers · asked by SunnyD203 2 in News & Events ➔ Current Events
PEOPLE ARE ONLY MAD BECAUSE THEY AREN'T THE ONE MAKING ALL THE MONEY. WHERE WERE YOU WHEN DECADE AFTER DECADE MADE NEXT TO NOTHING.THERE PROFIT EQUATE TO AROUND 9 CENTS FOR EVERY DOLLAR THEY SPEND. OTHER INDUSTRIES ENJOY TWICE THAT. THEY SELL SO MUCH FUEL THAT THE 9 CENTS ADDS UP TO MIND BOGGLING AMOUNTS. WE USE IN OUR CARS ,TRUCKS AND HOMES--WE USE ALOT OF OIL. EUROPE AND CANADA HAVE BEEN PAYING THIS MUCH FOR A COUPLE OF DECADES. WITH THE AMOUNT OF PICK-UP AND SUVS ON THE ROAD IN THE LAST 5 TO 10 YEARS AMERICANS MUST NOT BE TO UPSET THEY HAVE CONTINUED TO BY SUB 20MPG VEHICLE WITH A VENGEANCE. WE ALL HAVE A CHOICE ON HOW MUCH FUEL WE CONSUME WITH VEHICLE CHOICE. THE AMOUNT OF TAX THEY PAY ON THOSE PROFIT-- ALSO IN THE BILLIONS-- SO WATCH WHAT YOU WISH FOR. THIS IS A SUPPLY AND DEMAND ISSUE.
2007-02-02 05:15:55 · answer #1 · answered by SWEET SARAH 4 · 0⤊ 0⤋
I am about as angry as Exxon was when oil was $10 a barrel and they were shutting 80% of their oil-wells in because they couldn't make a profit on them.
Point is they don't control the price of oil. No matter how many times NBC tells you it is the oil companies or the government they DO NOT set the price of oil. It is a market driven economy. So why are you blaming them. If you don't want them to make big profits then don't buy their product, however if the demand goes down then the price will go up.
Do your own research and find out how the price of oil is determined and then shift your blame to them.
2007-02-02 11:26:46 · answer #2 · answered by c505ber 2 · 1⤊ 0⤋
Where were you when oil was 10 a barrel and gas a was cheap for years? Oil is traded by speculators on the commodity market and big oil doesn't fix the price. If big oil could fix price, we'd be over $100 a barrel and stay there.
2007-02-02 11:19:06 · answer #3 · answered by Anonymous · 1⤊ 0⤋
yeah have you also noticed how when it get cold all of a sudden oil prices shoot up, like they didnt know that winter is cold, even though the rest of the winter has been rather mild. also when there is any sort of news regarding oil, like a hurricane for instance oil prices shoot up, which i understand, but how come when after the event, and there is no damage done oil prices dont come down below where they were to compensate for the fact that there was no damage done, but higher prices were charged? also anytime oil goes up in price its reflected instantly at the pumps, but when oil goes down, its takes a while before the price comes down or its comes down slowly, in increments?
2007-02-02 12:39:42 · answer #4 · answered by Mike 6 · 0⤊ 1⤋
This is just another form of Republican Rape upon the American public!
Congress should Nationalize all oil companies so that we can get our gas and oil at realistic prices - no more then 5% above cost!
2007-02-02 11:37:15 · answer #5 · answered by Anonymous · 0⤊ 3⤋
Their CEO's and everyone else who made money off this scam should be strung up by their #%$&^
2007-02-02 11:28:22 · answer #6 · answered by che_lives 2 · 0⤊ 2⤋
Yea! It ticks me off!
2007-02-02 11:17:33 · answer #7 · answered by Urchin 6 · 0⤊ 2⤋
How much of that did Bush get I wonder.
2007-02-02 11:19:48 · answer #8 · answered by daljack -a girl 7 · 1⤊ 3⤋