Odd comment from someone debunking with facts....
We do NOT have enough of "our own" as you call it to make a real difference. We can actually make a bigger impact with Biodiesel and Ethanol production rather than tapping ANWR and trashing the environment. This would provide jobs and income for our farmers. And in the process, prices raise to the point that others can't afford the basic food: grain and corn. Cause and effect. Do gooders want to save the world and come up with this alternative fuel crap which in turn, creates new hard ships on those they scream to care about. It would spread the wealth to more real working people instead of huge oil corporations and lining their institutional investors pockets.Oh, and I don't suppose you have any money invested anywhere. No 401, or IRA, or stocks.... where do you think that money is invested? Who do you think benefits from the big bad institutions?
By the way 100% Biodiesel is only $3.20 a gallon right now.
I have seen the impact of destroying the environment in the name of energy with the strip mining of coal in Pennsylvania. Nothing justifies this insane need for our excessive, greedy, wasteful consumption of energy. Many people driving 10 MPG huge trucks or SUV have no real need for owning these vehicles. No one needs a 5.7Liter Hemi in a passenger car for anything other than their own self-centered desires.No doubt, you're right in your own mind. Next time you plug that computer into the wall, STFU, you hypocrite.
So if your electric bill is too high what do you do? You use less, so how about lowering the consumption by vehicles to reduce the demand? Raising the CAFE standards will help this. No doubt you'd be the first in line to legislate your views. CAFE is from 1975, was bad law then and still is. Feel good bill that does nothing but demand that we harvest more trees to support another bureaucracy
We used to be at 28 MPG CAFE and then the current non-liberal occupants of the White House and Congress did not renew it and it has plummeted resulting in record oil consumption.It's Bush's fault, of course
Record profits at these oil companies show what is really going on with these prices. If they were just keeping pace with the cost of materials their profits would remain the same instead of breaking previous records.
By the way, these profits are after all the write offs and "other" costs, so claiming that they are only 8% margin is ludicris. There are lots of areas to spend "costs" to make the margin look less, yet really benefit from all the extra hidden profits. So, you're saying they can't make as much as they want..? Quit buying their product then. Oh wait, that would require self control... You're right, of course. They should be owned and controlled by the government, then all the people would be protected and safe. A perfect socialist world you would then have.
Profit sharing plans for employees is one area. Many employers give huge payouts in order to avoid the taxes. The theory is give it to the employees or give it to Uncle Sam.I have absolutely no idea what you are trying to say here. It's called "contradiction".