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Exxon and oil prices PDF Print E-mail
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Written by Jay Furney - View Profile   
Thursday, 27 July 2006

I was wondering why exxon would be making record profits on oil. If they have to buy it at higher prices and they pass is along as a higher cost to the consumer then their profits should remain the same  but they must be charging more for the oil than there paying therefore we get to pay more

Why don't we just stop consuming so much and see the bastards suffer !!!!

Another thing , why don't we as a country, invest in solar  and other renewable  energy resources before we run out of that precious oil . We will remain the global force that we are in the future, if we take the steps to become the leaders in all aspects of a non-oil based energy provider and can save our future as well.   

Comments
Yes, why don't we
Written by Einstein on 2006-07-28 08:25:05
You pose a good question. The answer is as complex as the society that seems to ignore it. 
 
Our current culture is too self-centered right now to give up the gas-guzzlers. Witness the proliferation of SUVs on the road. 
 
The auto and oil company's own too much, (including Congress), to allow a serious effort at solar production. 
 
Our only response right now should be a decrease in the use of gas. If we will cut back 20 per cent or more, the oil companies won't exactly suffer, but they will drop the gas prices, so long as the supply doesn't drop, as well. WE are the only ones suffering in this scenario. Just be glad you don't live in Lebanon right now.

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