In this little hillbilly burg, gas prices have dropped more than a dime a
gallon in the last
few days. Seems a little enigmatic, doesnt it?
If the big refiners, and the entire energy supply sector, are not
the market, ( I know it is politically incorrect to say"fixing prices") I
very surprised. Congress seems to think (and I use that word a bit
that this is the case.
But this is just a momentary calm before the storm...we have worse energy
ahead of us.
The fact that congress thinks they are controlling the price should turn a
light on in your head that it is totally false. Price is controlled simply
by supply and demand. The gas companies cannot build refineries in this
country because of congress and their regulations. Until the politicians in
this country learn what makes this country ticks the price will go up
because the supply will continue to get tighter.
We used to hold shares in several of the oil companies...They pay pitiful
dividends, and the share prices were constant for a long period. They
do not pay their stockholder very well, in some cases. They claim they
spend the money for exploration, blah, blah...They use a lot of it for
bonuses, world travel, perqs.
Oil companies are a monopoly Bubba, and there is no free market!!
The Oil companies haven't built a refinery in over 30 years and you and
other idiots use the environmental regulations as an excuse and blame the
One question for you and all the other like thinking retards, why do the
oil companies have no problems spending hundreds of millions of dollars
bribing anyone who they think can get them permission to drill for oil in
Alaska, where they proclaim that the stringent environmental controls
will be no problem for them to meet.
What a bunch of pathetic fools, who for whatever reason are simple
Simons, who get their knowledge from Rush (the druggie) Limbaugh and
the paid lobbyists.
Remember the Electrical shortages and outages in California when Bush's
friends who were running the now defunct and notorious Enron, these THUGS
and their paid PR mouthpieces were telling everyone it was simple supply
and demand and the free market was working.
Wonder why the problem went away and many of the people proclaiming free
market went to prison?? It was because ENRON and the massive gouging and
scams went away.
The scum bags who were running Enron finally were not able to continue
this massive scams which were based on massive fraud.
The Oil Companies are making such Massive Profits by Gouging Americans
they can go on indefinitely because our economy as well as all modern
worldwide economies is so dependant on Oil.
Everyone has their right to be Greedy and Stupid, but this one is going
to be the undoing of our economy like we have never seen before.
A lot of people who think they are well off will find out how wrong they
really have been one of these days, because their stock and investments
are paper money only, and like in 1929 when all of a sudden people tried
to get their money, they found the paper money was gone.
is a neccessity. I took your statement about supply and demand as it was
Yes the Oil companies can and would build new refineries if it were in
their interest. Most antitrust laws have been removed or watered down or
simply not enforced.
The large corporations are headed back to the way they operated late in
the 19th and early 20th centuries. Sure some red tape should be removed,
and I don't agree with nutcase environmentalists but the Environmental
laws have improved the overall quality of our Natural resources as well
as the quality of life in America the last 40 years.
Those terrible Environmental Laws are responsible for stopping the
dumping of industrial pollutants in our Rivers and streams.
They are also what removed the dark hazardous smog over large cities and
industrial sites which killed thousands of people every year.
Americans are so dumbed down that people confuse manipulating the supply
by a monopoly as somehow being related to free market supply and demand.
If there were a shortage of supply, we could not buy all we want as long
as we are willing to be robbed by the Oil company monopolies. In short,
pricing in monopolistic industries is totally separated from actual free
market supply and demand.
The only possible solution would be a massive government undertaking and
the LAWYERS who now have a strangle hold on the Legislative branch of
Government, as they do Absolute control of the Judicial branch of
Government, are easily bought by the large sums of money the Oil
companies can dispense through Lobbyists and Political campaigns as well
as old fashioned suitcases filled with money.
I can't wait to see Dick Cheney and George Bush rake in millions for a
few speeches to you know who.
We get what we deserve when we choose to elect lawyers to the Legislative
branches of State and Federal Government.
There is no supply shortfall just now. Price is being manipulated and
on shortage. The laws of supply and demand still function, indirectly.
is a contrived situation, IMO....aka, price fixing.
Many companies have gotten out of manufacturing, and outsource what they
can. Oil refining is profitable, but also carries some risks. Management
prefers to circumvent risk and run a business by clean accountants in
offices rather than to get their hands dirt. This is true even with
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