[EMAIL PROTECTED] wrote:
Have you ever heard of supply and demand?
For sure I have, and I also have heard of supply manipulation to increase
profit.
The oil companies are out to charge as much as the market will bare.
However the world wide automobile population is exploding, and more
plants are being built.
Why not shut done portions of refineries and reduce apparent supply to bring
about price increase?
Have you ever heard of congressional oversight? They aren't building any
additional refinerys, perhaps it is the environmental regulations, or
maybe they have sufficient refining capability to process all of the
remaining oil reserves, until recently their return on invested capital
wasn't all that great either.
I also hear the mantra that oil companies don't set price that the stock holders do.
No the market sets the price! If we were all to modify our cars so that
the milage was doubled, the price would crash. It would slowly rise
again as more Chinese and Indians purchased cars, and the USS Titanic
continues to take on water.
Well little man on the street with a few hundred shares has little to gain by an increased dividend as
When your tank is empty all you care about if refilling it.
Global warming is real and mad does contribute, but the difference a tax will
make is minimal.
The global mean temperature appears to have increased by 1 degree
centagrate. However there is increased solar irradiance, ocean warming
due to under sea volcanos leading to an increase in the number one green
house gas, water vapor. These factors are mitigating against Algore's
contention of anthropogenic global warming.
I can not be moved from the feeling its down and out greed...
Everyone wants to live as well as they humanly can, if that's greed,
they I plead guilty.
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