Join Date: Jul 2004
Location: Maple Grove, Minnesota
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Originally Posted by kennyb
Ideally, people would move toward conservations, new sources of energy - nuclear, electric cars or plug in hybrids, etc. etc. People won't conserve without gas being $5 a gallon and no one wants gas taxes. So here we sit.
Originally Posted by ConservingConservative
Everyone for some reason has this idea that oil companies are just huge vacuums on their wallets and that money is all they want. Wrong. Yes they do reap good profits such as Exxon's, but they don't make as much as other companies like Google, who make 200 million in a QUARTER.
I'm only a student on minimum wage and I hate shelling out $40 dollars for a tank on my cavalier, but it's market fundamentals and not some bigwig CEO wanting to increase his paycut.
I really find america confusing sometimes. We say no to foreign oil, yet our oil production is in decline because we don't want to see a few rigs off the east coast (10 billion barrels untouched last time I checked) and we refuse to let oil companies use new technologies to tap ANWR, apparently not knowing all they need to do is place a few derricks, pipelines, and a road or so.
Personally my stance is the people who complain about this stuff, then go and complain as they fill up their SUV's or inefficient sedans. Reduce your demand, and you create extra supply.
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