Is it unrealistic to think that the oil companies make 500 million a day more since BUSH let them...?

Question

...get away with gouging.Please spare us the supply and demand BUSHit.Is the plan 2 hav a congressional take back of the money and settle 4 a third?

Answer 1

All of the major oil companies met with Bush and Cheney in the White House days after Bush was sworn in. Congress subpoenaed the records but Bush refused to turn them over. The congress was Repubic at the time and it was dropped. But it was decided in that meeting that if would be no problem to have gas at $5 gallon by the time Bush leaves office 21 BILLION in profit the first quarter. God, can't you just imagine how much Bush and Cheney are making in their "blind trust" while they are in office. Then, you add the Halliburton take and your calculator will melt. Bush, Cheney and Rove are evil men driven by ego and greed without a thought to the lives they ruin or destroy or kill.

Answer 2

Bush isn't the reason oil companies are making a lot of money now. The Democrats and the extreme environmentalist have restricted oil companies from drilling for oil. It is like you having an ounce of gold and then the environmentalist will not let anybody mine for gold. You end up making a killing on selling your gold and then people get tick off at you for a lot of money.

Do you understand that China and India are becoming more prosperous? The more prosperous a country is the more energy they use. It is a supply and demand issue.

Prices of oil usually increase in January or February because of fear of shortages because of hurricanes and summer driving and oil decreases around September because of both of the fears going away. Last year hurricanes fears were unfounded and gas prices fell dramatically before Labor Day.

As long as we have stupid oil policies, we haven't seen anything yet. Hopefully, China and India will solve their own energy needs, because we continue to elect Democrats that will not let the companies find more oil. Since China and India do not elect Democrats, they will not be so stupid to restrict drilling, which will keep energy prices high and hurt their economies.

Answer 3

Listen! I drive 40 miles to work and 40 miles back 5 days a week. I know you do not like the high gas prices, but nobody does. That is no excuse for your hateful vitriol.
The oil companies are making huge profits because of the huge number of gas stations they are selling their fuel from. They make less than 10 cents a gallon off of the fuel while the government gets almost 50 cents in tax per gallon!
And now the libs are trying to tack on another huge windfall profits tax in the energy bill that will do nothing but drive prices up even more.
Libs will not allow refineries to be built and if they do libs make it so difficult to get permits that the oil companies will not build them. Libs persist in preventing the oil companies from drilling in Alaska and offshore where we know there are huge oceans of oil just waiting to be tapped.
The oil companies are going to make their money. That is a fact that will not change. The question you need to ask is what is the weak, do nothing, partisan, lib controlled, congress doing to help the consumer pay less at the pump? The answer is nothing. Their customary answer to any problem is to raise a tax!!! How is that going to help? It is not!
People like you just do not seem to understand that the President has no control of fuel prices and little influence on a congress that is bent on infighting and party agenda. I am 35 and have followed presidential politics closely most of my life. NEVER has a president been able to influence or control the price oil companies set for their fuel. And the quickest way to drive up the price of something is to get libs involved in the process.

Answer 4

Bush is a Oil man of course he has a vested interest in the oil companys being profitable. It would not be any better if the democrats were in office they would tax the **** out of the big oil companys and that would be passed on to the consumer. Hopefully in the next 20 years we a have a alternative besides corn.

Answer 5

i dont think it is unrealistic at all considering bushes family is in oil but unlike allot of others i don't think bush actually has much to do with it and i agree with another person up there that said we are better off if the oil is rising so the market will creat other fuels, and unlike others with the millions of lies going on around the net i think bush has done a fair job considering his familys past history and he was still voted into office and considering the cards he was given when he got into office..... but also at the same time i do agree that is a majority of the country thinks that the oil prices should be forced down then the goverment should take action ....

do not give the goverment permission to do it at will but if voted the prices should be forced down

Answer 6

Is it unrealistic to think that the government that "lets" oil companies fix prices will actually do a better job at developing alternative fuels?

Hint: We're better off letting the prices continue to rise so the free market will develop alternative fuels.

Answer 7

To those who say the profit margins on oil are small, how do you explain Exon's record breaking profits -- more than any other corporation in the history of the stock exchange!

Answer 8

My grandfather used to be one of the vice-presidents of a major oil company.

Making things up about the oil companies does no one any service.

Do you know what the profit margin on oil is? Do you realize how low it is compared to ANY other product on the market?
Bush let them? You mean our government is supposed to step in anytime you pay more for something and force the price down? Sorry, no socialism for me. I'm an American patriot.
Spare you one of the basics of economics in favor of your conspiracy theory without proof? Sure, that makes it silly to even try talking to you. Why talk to someone who would discount the basics of economics in favor of such "guilty until proved innocent" reasoning?

Sedition is so easy. Contemptible, too.

Answer 9

Bush, as governor, gave Enron the authority to buy other power companies which led to their bilking the workers out of their pensions.

Answer 10

are you stupid or just ignorant? study the margins in the oil business as compared to other industries and find out how investment of profits are keeping prices down. Do some research instead of just swallowing liberal BS propaganda.