We Could Build a Coal-to-Gasoline Conversion Plant

Again you miss quote, what I said was 'If they can not store gasoline or sell it a profit they will burn it off and take a tax credit as a capital loss....I told you before I do not do homework for my own grand children, I'm not about to do yours. If you really need to know when the oil companies burned of volatiles, in the past that they could not sell or store, I suggest you do a search, as I did. You might start by searching the IRS site. The tax returns of publicly held corporations are public records, viewable to anybody willing to search.. You will be amazed at how many billions in federal taxes the government collects form the oil companies, by the way.

As to that ability of one to take a capital loss, I pay of lot of money to attorneys and accounts for advice on when I can take a capitol loss, I suggest if you want tax advice, you can do the same. Lucky for me I generally have to pay capital gains taxes

mike hunt

I'm not claiming anything I simply asked you what was it you posted. How do you expect somebody else to remember something you posted, after you snipped everything several post ago to suit your bottom posting obsession, when YOU don't even remember what you posted? ;)

Then, ignore the thread.

Bye.

Jeff

Yup Done deal! Only because the thread is senseless. The thread had some good content until you guys took it into space with a version of a HOT AIR ENGINE...

Good luck...

Gerald

hi, its just all crap, . the government knows that we CANNOT live/survive without gasoline, so they come up with the bullcrap that supplys are getting shorter etc..... so that they can hijak the oil prices. australia produces gasoline , but some how we here mysteriously dont use it , cause if there is anything happening in the world , the gov goes " due to %^$$^$%&^%$^%$ the price of petrol has to go up "

how come petrol , one week is $ 1.28 a litre then something happens in the world and petrol goes up 10 cents ?? what about the petrol that was in the tanks at the stations for 1.28 , . why doesnt the petrol that was in the tanks stay at 1.28 , cause they got it at the cheaper price , why dont they use that up then put more petrol in at the dearer price.

there is no way teh petrol companies will allow a extremely high mileage per litre petrol engine to be produced. that means they will sell less fuel , what about the people taht have designed these engines , and teh petrol compaines brought them out or hasseld em ?

another example of governments bullshit is teh cyclones taht went thru innasvale , queensland , and ruined some bananna crops, because of that they say prices of bannanas will go from 14$ a box to 40$ they make it sound like innasvale was the only place taht grew bananna, infact there are 4 other places near by taht where untouched by teh cyclone taht grew banannas, plus there are another 13 major places in australia that grow alot more bannans than innasvale, its just all bullshit.