So..lets see, what can i bitch about today? So the big five oil companies had to go before congress again this week. I watched them before the senate on c span the other night and heres what ive learned. The oil companies believe we need to open up the coasts and other protected us lands for drilling, in order to bring down the price of gas. Then they later admitted that they buy oil on the world market, so it seems that even that wouldnt be a guarantee of lower gas prices. Oil prices have risen 400 percent since 2002, yet exxon/mobil has seen their profits continue to rise from 11 billion in 02 to 40.3 billion just last year. Man, if theres another industry where your cost of raw materials can increase that much and a company can still increase profits..i certainly dont know what it is. Oil executives stated that demand for gas has gone down 2% already as a result of gas prices, yet the price per gallon INCREASED 12 cents at the gas station right next to my house just this week alone. Whatever happened to supply and demand? Is it just me, or are these guys defying every basic principle of business? Demand goes down, yet prices still rise. Cost of production goes up, and they still make more profit each year. Sorry but i just have to ask....what the FUCK is going on?
I dont care that the oil companies make 40 billion, hey its a free market society over here. Its not an issue of how much they profit. But when they admit demand is down, and prices still go up 5 to 10 cents every damn week, that makes me think something very shady is going on. It flies in the face of logic. Now dont get me wrong, the government is nowhere near blameless. They have profited more than any oil company. I think everyone, including oil companies are over taxed. And we probably should open up some more areas in the us to oil exploration. The saudis are not the least bit dependent on foreign oil, and as a result, a gallon of 95 octane gas over there costs about 61 US cents. Thats right, cents.
I think it speaks alot about the sheer greed of some of these companies who are completely willing to sling this country deeper into another recession all so they can charge One. More. Dollar. A gallon. All for money they dont even need. The vice chairman of exxon/mobil admitted making 12 million dollars. some of the other guys couldnt even say for sure what they make. So does anyone believe they feel the sting of $4 a gallon gas?
The news now says that gas could reach 6 bucks a gallon because of an active hurricane season. What the hell happened to 5 dollars they were predicting last month? Heres something else i think is total bullshit. Why does every little thing drive up the price of oil? North Korea does some nuclear testing, oil goes up. We shoot at an iranian boat, the price of oil goes up. Hurricane in louisiana, oil goes up. Why is it the prices never go back down once the reason for the increase has passed. Oil, and gasoline went up after katrina, supposedly because of refineries that were offline, yet once we all got used to the price of gas, it stayed right the fuck there. Interesting how that works isnt it? OPEC, and all the other oil entities can get fucked. I dont know if it is coming, but i hope the oil market tanks just so i can see every last one of those greedy fucks out of a job.
On a lighter note, I skipped the american idol finale, because...well american idol is a crock of shit. I did however watch carrie underwoods performance from the finale on youtube at the suggestion of a friend. Notice i said watched and not listened. Nice to see ol carrie "Jesus take the wheel" underwood sluttin it up. Her songs arent worth a crap..but those legs! I said dayum. Romo the homo is an idiot for losing that one.
I dont care that the oil companies make 40 billion, hey its a free market society over here. Its not an issue of how much they profit. But when they admit demand is down, and prices still go up 5 to 10 cents every damn week, that makes me think something very shady is going on. It flies in the face of logic. Now dont get me wrong, the government is nowhere near blameless. They have profited more than any oil company. I think everyone, including oil companies are over taxed. And we probably should open up some more areas in the us to oil exploration. The saudis are not the least bit dependent on foreign oil, and as a result, a gallon of 95 octane gas over there costs about 61 US cents. Thats right, cents.
I think it speaks alot about the sheer greed of some of these companies who are completely willing to sling this country deeper into another recession all so they can charge One. More. Dollar. A gallon. All for money they dont even need. The vice chairman of exxon/mobil admitted making 12 million dollars. some of the other guys couldnt even say for sure what they make. So does anyone believe they feel the sting of $4 a gallon gas?
The news now says that gas could reach 6 bucks a gallon because of an active hurricane season. What the hell happened to 5 dollars they were predicting last month? Heres something else i think is total bullshit. Why does every little thing drive up the price of oil? North Korea does some nuclear testing, oil goes up. We shoot at an iranian boat, the price of oil goes up. Hurricane in louisiana, oil goes up. Why is it the prices never go back down once the reason for the increase has passed. Oil, and gasoline went up after katrina, supposedly because of refineries that were offline, yet once we all got used to the price of gas, it stayed right the fuck there. Interesting how that works isnt it? OPEC, and all the other oil entities can get fucked. I dont know if it is coming, but i hope the oil market tanks just so i can see every last one of those greedy fucks out of a job.
On a lighter note, I skipped the american idol finale, because...well american idol is a crock of shit. I did however watch carrie underwoods performance from the finale on youtube at the suggestion of a friend. Notice i said watched and not listened. Nice to see ol carrie "Jesus take the wheel" underwood sluttin it up. Her songs arent worth a crap..but those legs! I said dayum. Romo the homo is an idiot for losing that one.
OH, and to david cook the winner. I hope you were crying because your career and "rocker cred" have gone down the shitter after winning. Otherwise you are a tremendous quivering vagina.
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