when will american citizens get tire of big oil making a multi-million profit and over run them and congress?

Question

The recent news shows the oil refineries falling apart, so they are closed. But the oil minions in the big house in DC are looking the other way as the corporate types are eating us at several million dollar profits. Wonder about monies to politicians.

Answer 1

Lets remember that Liberals put a stop to making any more fuel refineries in the 70's and 80's. Therefore supply is short, demand as high as ever since we have many more people and drivers and cars, and the refineries at at about 88% productions since some are shut down for repairs and overhauls.

Answer 2

I think most of us are tired of it already but are pretty much powerless to do anything about it, especially with a Republican president and Congress for the past 6 years. The best we can do is arrange no gas days like today or ride a bike to work or a letter to our Congressman (who's probably on the oil payroll anyway). Other than that, the oil industry has us by the balls. Big corporations and special interests run America, don't you know that?

Answer 3

If the oil companies are only making serveral million dollar profits then they need to raise their prices big time. Their return on investment is way too low.

Lets say that oil companies are making these gigantic, obscene profits. Good. Go and buy up some stock in their company. That way, you can get in on the profits. However, in real life, if you own the stock for oil companies you are only going to get average return. They are not making these gigantic profits if you look at the average of how much they return vs how much they paid to get that return. If they reduced their profits then the stock holders would cash in the stock and buy up stock in a company that makes money. The oil company would not have money to operate and would go bust.

Answer 4

Not long enough before gas price reaches $5 per gallon.
Why don't someone organize a program where people stop investing in Stock Market and eventually businesses will suffer due to the lack of shares own by the public. The companies will eventually attack the oil giant to lower its price on fuel, resume share buying and everyone happy.

Answer 5

Its called free enterprise and lack of price controls in the US.

And to the guy who thinks this is about supply and demand.

That is a load of garbage, I bet my 30mpg car that this is about Cornering the oil stock, complete backlash about the war in Iraq, or something corrupt.

Answer 6

When Americans start driving smaller more fuel efficient cars or alternate fuel cars.

Answer 7

Ok. We will storm congress. You go first. Don't worry we are right behind you.

Answer 8

You lead the charge and others may follow...

Answer 9

Nope. CSI is on.