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Thread: Ahhh, the oil companies

  1. #31
    Harry Chiti Fan registerthis's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by traderumor
    And the oil companies can stand on the leg that the incentives will benefit you by enabling more domestic production and less dependence of foreign oil. Where I would hold their feet to the fire is by seeing results, such as higher output (higher percentage of our oil usage being domestice) and lower prices for all products that derive from the industry. If the incentives overall better our economy through lower prices, more jobs, etc., then they are worth it, IMO.
    I do expect to see a return on this investment...although, again, I don't see WHY they needed it, their profits were more than enough to reinvest into the R&D Bush is proposing.

    Regardless of their margin or what have you, any company that rakes in over $7 billion in profit in one quarter--not revenue, PROFIT--doesn't need a government handout. But, like Jeremy said, they gave it to them anyway, so I just hope they spend it wisely. They could start by constructing more refineries...
    We'll burn that bridge when we get to it.

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  3. #32
    Matt's Dad RANDY IN INDY's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by westofyou
    The past week has been a testament to what happens when you mess with the enviroment.
    Explain.
    Talent is God Given: be humble.
    Fame is man given: be thankful.
    Conceit is self given: be careful.

    John Wooden

  4. #33
    Harry Chiti Fan registerthis's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by westofyou
    The past week has been a testament to what happens when you mess with the enviroment.
    Well, that just proves his point. I'd say the residents of the gulf are very "tired" right about now.

    But, hey , who cares if you displace a few seals, right?

    Besides, if I am to understand correctly, it is a refinery and distribution issue--not a supply issue--which is driving up costs.
    We'll burn that bridge when we get to it.

  5. #34
    breath westofyou's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by RANDY IN CHAR NC
    Explain.
    New Orleans was designed without respect to the enviroment of the surrounding area, over the years they moved the river and they levved everything in.

    They tried to hold nature back and it failed.

    Oil exploraration at all cost to the extent that all of the pristine nature in the world vanishes is a sad price to pay IMO and a lack of respect to the enviroment as a whole interlocking part of the human existance.

  6. #35
    THAT'S A FACT JACK!! GAC's Avatar
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    Re: Ahhh, the oil companies

    Just filled up the Sable - $43.50

    I LUV IT!
    "panic" only comes from having real expectations

  7. #36
    breath westofyou's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by GAC
    Just filled up the Sable - $43.50

    I LUV IT!
    $36 bucks for my Subaru, it was bone dry. 2 years ago that was a $24 fill up.

  8. #37
    Unsolicited Opinions traderumor's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by westofyou
    The past week has been a testament to what happens when you mess with the enviroment.
    I was reading yesterday where the development that greatly diminished the wetlands and greatly contributed to the storm surge damage. I, for one, will think twice before I criticize a "tree hugging" environmentalist again.
    Can't win with 'em

    Can't win without 'em

  9. #38
    Matt's Dad RANDY IN INDY's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by westofyou
    New Orleans was designed without respect to the enviroment of the surrounding area, over the years they moved the river and they levved everything in.

    They tried to hold nature back and it failed.

    Oil exploraration at all cost to the extent that all of the pristine nature in the world vanishes is a sad price to pay IMO and a lack of respect to the enviroment as a whole interlocking part of the human existance.
    I don't think anyone is suggesting oil exploration at all cost with "pristine naure" vanishing because of it. The technology is there to do it without destroying the environment, and it should be done only with strict guildelines. At the time, it makes a lot of sense to be less dependent on foreign oil, even if it is more expensive, which I'm beginning to doubt. Cheap Arab oil is a thing of the past.

    I don't disagree with you about the way New Orleans was put together. The plan was never good. The bandages finally broke. I just fail to see how it connects with the solid technology that is available now for drilling for our own oil without destroying the environment.
    Talent is God Given: be humble.
    Fame is man given: be thankful.
    Conceit is self given: be careful.

    John Wooden

  10. #39
    Joe Oliver love-child Blimpie's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by traderumor
    I was reading yesterday where the development that greatly diminished the wetlands and greatly contributed to the storm surge damage. I, for one, will think twice before I criticize a "tree hugging" environmentalist again.
    I think the number being tossed around in some recent wetland mitigation studies was that the NO shoreline was eroding at a clip of around 28,000 acres per year.
    "Booing on opening day is like telling grandma her house smells like old lady."--WOY

  11. #40
    Harry Chiti Fan registerthis's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by GAC
    Just filled up the Sable - $43.50

    I LUV IT!
    Gah!

    You drive a Sable???

    (Kidding...)
    We'll burn that bridge when we get to it.

  12. #41
    Unsolicited Opinions traderumor's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by registerthis
    Gah!

    You drive a Sable???

    (Kidding...)
    Only old people (and Tiger Woods) drive Buicks :
    Can't win with 'em

    Can't win without 'em

  13. #42
    Titanic Struggles Caveat Emperor's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by RANDY IN CHAR NC
    While I too complain about the recent high prices, compared to other nations, we don't have it that bad when it comes to the price of gasoline. I think the American people feel they are entitled to gasoline at a low price.
    The fundamental layout of American society, with residential areas often seperated by great lengths from areas in which people work, make Americans more dependant on gasoline than many foriegn nations.

    There is no cheap and effective mass transit system for many people in America, making them totally dependant on their automobiles. We, as a nation, are now reaping what we have NOT sown when it comes to consistent aversion to the initial costs involved for mass transit.
    Championships Matter.
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  14. #43
    This one's for you Edd Heath's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by traderumor
    Only old people (and Tiger Woods) drive Buicks :
    Sable is actually a Mercury....

    I have a Buick...and I'm not old....I think...
    Some people play baseball. Baseball plays Jay Bruce.

  15. #44
    Maple SERP savafan's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by RANDY IN CHAR NC
    While I too complain about the recent high prices, compared to other nations, we don't have it that bad when it comes to the price of gasoline. I think the American people feel they are entitled to gasoline at a low price.
    Here's the rub. Sure, Europe has higher gas prices, but they take the profit from those high gas prices and use it to create good public transportation systems. The public transportation systems we have here in the US are largely rundown and inefficient, not to mention you may be risking your life to ride on a bus even in downtown Dayton or Cincinnati. If we had better public transportation systems funded by higher gasoline prices, I'd be all for it, but no, we have billionaire oil men funded by higher gasoline prices and low income public transportation.

    Europe also doesn't have the large amount of SUVs that we do (which I see as a huge problem, due to their gas guzzling), although they are getting more popular there.
    This is the Cal Ripkin Jr. of typos.

    If you ask me to join your fantasy baseball league and I select Legolas in the first round, don't be angry at me. It's not my fault I've read up on the players and you haven't.

  16. #45
    Pitching is the thing WVRedsFan's Avatar
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    Re: Ahhh, the oil companies

    Quote Originally Posted by RANDY IN CHAR NC
    I worked in the petroleum business for quite some time. When you think about the way that the prices of other products have inflated over the years, (milk, orange juice, etc.) and then you consider gasoline and the process of refining the crude as compared to the process of getting other products to market, you might realize that the price of gasoline isn't all that bad. Matter of fact, it's been a bargain for a real long time. While I too complain about the recent high prices, compared to other nations, we don't have it that bad when it comes to the price of gasoline. I think the American people feel they are entitled to gasoline at a low price.

    FYI, as of this morning, there were nearly 40 gas stations in the Charlotte area without gasoline, and the condition here probably won't get a lot better until after Labor Day. Citizens of the area are being urged not to travel if they don't absolutely have to.
    Yep, Randy. No gas in Rainelle--well, very little. No deliveries expected until at least Tuesday and maybe Wednesday. Regular unleaded up to $3.29 and they tell me it will rise $0.10 tomorrow.

    I'm sitting still. No travel for me. Barbeque in the backyard and lots of beer. I'll just image what Myrtle Beach looks like this Labor Day...
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