Say thanks to the democrats for trying to raise gas prices!!!!!

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  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243
    #1

    Say thanks to the democrats for trying to raise gas prices!!!!!

    House democrats have pushed through an $18 billion tax bill that will be assessed on the oil companies. Senate democrats have vowed to expedite approval of the bill.

    Can the oil companies afford these taxes? Yes, they can. Will they pay these taxes? They will pay the tax bill but it is really us, the consumer, that will pay for these taxes through higher prices at the pump!

    $5/gallon gas will be here very soon if this goes through. Thankfully, Bush has vowed to veto this bill.

    http://money.cnn.com/2008/02/27/news...ion=2008022718
    Tags: None
    • SHANESWORLD
      Eric
      • Feb 2008
      • 577
      #2
      i think people don't know who to thank at this point.

      we're supposed to be thanking china.
      SHANES WORLD ONLINE! - BETA IN 11 DAYS!

        Comment

        • crockett
          in a van by the river
          • May 2003
          • 76818
          #3
          Originally posted by DateDoc
          House democrats have pushed through an $18 billion tax bill that will be assessed on the oil companies. Senate democrats have vowed to expedite approval of the bill.

          Can the oil companies afford these taxes? Yes, they can. Will they pay these taxes? They will pay the tax bill but it is really us, the consumer, that will pay for these taxes through higher prices at the pump!

          $5/gallon gas will be here very soon if this goes through. Thankfully, Bush has vowed to veto this bill.

          http://money.cnn.com/2008/02/27/news...ion=2008022718

          Did you even bother to read any info about this? or are you just spewing out the typical uneducated republican scare tactics?

          It's 18 billion divided by 5 oil companies across 10 years. That's 1.8 billion per oil company or 180 million a year each. Not of "new" taxes either just money that they should have been paying but were given tax credits on for the last several years.

          Since those same oil companies profited 123 billion just last year alone. Congress has decided to turn back two tax cuts the oil companies have been "given".

          Sorry but George Bush has more of an effect on oil prices when he starts talking about invading Iran than this would.
          Last edited by crockett; 02-28-2008, 01:01 PM.
          In November, you can vote for America's next president or its first dictator.

            Comment

            • crockett
              in a van by the river
              • May 2003
              • 76818
              #4
              Oh and btw this is tax money.. If they raise the price of gas they will also be raising the amount of taxes they pay. You can't pass the cost of taxes onto the consumer it just don't work that way.
              In November, you can vote for America's next president or its first dictator.

                Comment

                • tiger
                  Confirmed User
                  • Apr 2002
                  • 6986
                  #5
                  Originally posted by crockett
                  Did you even bother to read any info about this? or are you just spewing out the typical uneducated republican scare tactics?

                  It's 18 billion divided by 5 oil companies across 10 years. That's 1.8 billion per oil company or 180 million a year each. Not of "new" taxes either just money that they should have been paying but were given tax credits on for the last several years.

                  Since those same oil companies profited 123 billion just last year alone. Congress has decided to turn back two tax cuts the oil companies have been "given".

                  Sorry but George Bush has more of an effect on oil prices when he starts talking about invading Iran than this would.
                  Pwned!

                    Comment

                    • DateDoc
                      Outside looking in.
                      • Feb 2005
                      • 14243
                      #6
                      Originally posted by crockett
                      Did you even bother to read any info about this? or are you just spewing out the typical uneducated republican scare tactics?

                      It's 18 billion divided by 5 oil companies across 10 years. That's 1.8 billion per oil company or 180 million a year each. Not of "new" taxes either just money that they should have been paying but were given tax credits on for the last several years.

                      Since those same oil companies profited 123 billion just last year alone. Congress has decided to turn back two tax cuts the oil companies have been "given".

                      Sorry but George Bush has more of an effect on oil prices when he starts talking about invading Iran than this would.
                      Great and you think this extra cost will not be passed along to the consumer? Dream on. And to quote the article from CNN....

                      The House approved $18 billion in new taxes on the largest oil companies Wednesday as Democrats cited record oil prices and rising gasoline costs in a time of economic troubles.

                        Comment

                        • Kermitt
                          Registered User
                          • May 2007
                          • 56
                          #7
                          Originally posted by crockett
                          Oh and btw this is tax money.. If they raise the price of gas they will also be raising the amount of taxes they pay. You can't pass the cost of taxes onto the consumer it just don't work that way.
                          Not true. The federal gas tax is per gallon, not a percentage of the price.
                          .

                            Comment

                            • crockett
                              in a van by the river
                              • May 2003
                              • 76818
                              #8
                              Originally posted by Kermitt
                              Not true. The federal gas tax is per gallon, not a percentage of the price.
                              It's not a federal tax per gallon.. It's federal taxes on what the oil companies earn. IE their profits..
                              In November, you can vote for America's next president or its first dictator.

                                Comment

                                • DateDoc
                                  Outside looking in.
                                  • Feb 2005
                                  • 14243
                                  #9
                                  Originally posted by crockett
                                  You can't pass the cost of taxes onto the consumer it just don't work that way.
                                  Yikes, that is just asinine. Taxes are figured into the price of everything and passed on to the consumer. Do you think a company does not figure in what it is going to have to pay in taxes into the cost of a product?

                                    Comment

                                    • who
                                      So Fucking Banned
                                      • Aug 2003
                                      • 19593
                                      #10
                                      You still grossly underpay for gasoline compared to the rest of the world.

                                        Comment

                                        • crockett
                                          in a van by the river
                                          • May 2003
                                          • 76818
                                          #11
                                          Originally posted by DateDoc
                                          Great and you think this extra cost will not be passed along to the consumer? Dream on. And to quote the article from CNN....
                                          It's taxes on earnings.. They CAN NOT pass the cost of taxes onto the consumer. It comes out of their profits not the consumers pockets.
                                          In November, you can vote for America's next president or its first dictator.

                                            Comment

                                            • crockett
                                              in a van by the river
                                              • May 2003
                                              • 76818
                                              #12
                                              Originally posted by DateDoc
                                              Yikes, that is just asinine. Taxes are figured into the price of everything and passed on to the consumer. Do you think a company does not figure in what it is going to have to pay in taxes into the cost of a product?

                                              If they charge more.. guess what they pay "more" taxes.. It's like a dog chasing his tail it just dosn't do much for them.
                                              In November, you can vote for America's next president or its first dictator.

                                                Comment

                                                • Gunni
                                                  Confirmed User
                                                  • Apr 2003
                                                  • 2385
                                                  #13
                                                  how much did gas cost in the US before Bush?

                                                    Comment

                                                    • crockett
                                                      in a van by the river
                                                      • May 2003
                                                      • 76818
                                                      #14
                                                      Originally posted by Gunni
                                                      how much did gas cost in the US before Bush?
                                                      2001 $1.6821 (peak $2.008) now it's over $3/us gal. I guess it's good for big oil to have a oil man in the white house.

                                                      In 2000 gas price averaged $1.54... so it's dubbled since Bush came to office yet its the Democrats fault.. lol
                                                      Last edited by crockett; 02-28-2008, 01:28 PM.
                                                      In November, you can vote for America's next president or its first dictator.

                                                        Comment

                                                        • Penthouse Tony
                                                          Confirmed User
                                                          • Apr 2004
                                                          • 5835
                                                          #15
                                                          Originally posted by crockett
                                                          It's taxes on earnings.. They CAN NOT pass the cost of taxes onto the consumer. It comes out of their profits not the consumers pockets.
                                                          You don't think they will try to earn more?
                                                          aamos AT FFN dot com
                                                          Penthouse.com Business Development
                                                          ICQ: 49090846 | Yahoo IM: ff_aamos

                                                            Comment

                                                            • Penthouse Tony
                                                              Confirmed User
                                                              • Apr 2004
                                                              • 5835
                                                              #16
                                                              The economy is too shitty right now and inflation is too high for this to pass and Bush not to veto.
                                                              aamos AT FFN dot com
                                                              Penthouse.com Business Development
                                                              ICQ: 49090846 | Yahoo IM: ff_aamos

                                                                Comment

                                                                • DateDoc
                                                                  Outside looking in.
                                                                  • Feb 2005
                                                                  • 14243
                                                                  #17
                                                                  Originally posted by crockett
                                                                  If they charge more.. guess what they pay "more" taxes.. It's like a dog chasing his tail it just dosn't do much for them.
                                                                  Let me see if i can explain this so you can understand it.

                                                                  Year 1 - Company A makes $100k in pre-tax net revenue.
                                                                  Taxes are at 25% so Company A pays $25k in taxes and nets $75k post-tax.
                                                                  Year 2 - Govt raises taxes and taxes go up to 30%.
                                                                  Company A (knowing taxes will be higher) raised the price of what it sells by 10% and has a pre-tax net revenue of $110k (it would in fact be higher but I will spare those details for you).
                                                                  30% taxes are $33k yielding a post-tax profit of $77k.
                                                                  Company A actually made more $$ and paid the higher tax rate. Oh wait, they passed the taxes on to the consumer. The fact that they can do this is because all other companies will too.

                                                                    Comment

                                                                    • tony299
                                                                      lurker
                                                                      • Aug 2002
                                                                      • 57021
                                                                      #18
                                                                      Originally posted by crockett
                                                                      2001 $1.6821 (peak $2.008) now it's over $3/us gal. I guess it's good for big oil to have a oil man in the white house.

                                                                      In 2000 gas price averaged $1.54... so it's dubbled since Bush came to office yet its the Democrats fault.. lol
                                                                      They seem to forget those little facts.

                                                                        Comment

                                                                        • crockett
                                                                          in a van by the river
                                                                          • May 2003
                                                                          • 76818
                                                                          #19
                                                                          Originally posted by Sagi_AFF
                                                                          You don't think they will try to earn more?
                                                                          If they earn more good for them, but this this tax still wont come out of the consumers pocket.
                                                                          In November, you can vote for America's next president or its first dictator.

                                                                            Comment

                                                                            • DateDoc
                                                                              Outside looking in.
                                                                              • Feb 2005
                                                                              • 14243
                                                                              #20
                                                                              Originally posted by tony404
                                                                              They seem to forget those little facts.
                                                                              You seem to forget that the president has little to do with oil prices as they are controlled by the commodities/futures market more than any other factor. Oil and gas went way up because of Katrina. Sure, Katrina may have had some effect on production in the Gulf but it had nothing to do with production in the Middle East. The fact that people could profit of higher prices in the commodities market steered the price upwards.
                                                                              Last edited by DateDoc; 02-28-2008, 01:42 PM.

                                                                                Comment

                                                                                • DateDoc
                                                                                  Outside looking in.
                                                                                  • Feb 2005
                                                                                  • 14243
                                                                                  #21
                                                                                  If the Govt came out today and said corporate taxes will increase across the board 5% do you think the price of goods for the consumer would be the same tomorrow?

                                                                                  Originally posted by crockett
                                                                                  If they earn more good for them, but this this tax still wont come out of the consumers pocket.
                                                                                  Last edited by DateDoc; 02-28-2008, 01:45 PM.

                                                                                    Comment

                                                                                    • crockett
                                                                                      in a van by the river
                                                                                      • May 2003
                                                                                      • 76818
                                                                                      #22
                                                                                      Originally posted by DateDoc
                                                                                      Let me see if i can explain this so you can understand it.

                                                                                      Year 1 - Company A makes $100k in pre-tax net revenue.
                                                                                      Taxes are at 25% so Company A pays $25k in taxes and nets $75k post-tax.
                                                                                      Year 2 - Govt raises taxes and taxes go up to 30%.
                                                                                      Company A (knowing taxes will be higher) raised the price of what it sells by 10% and has a pre-tax net revenue of $110k (it would in fact be higher but I will spare those details for you).
                                                                                      30% taxes are $33k yielding a post-tax profit of $77k.
                                                                                      Company A actually made more $$ and paid the higher tax rate. Oh wait, they passed the taxes on to the consumer. The fact that they can do this is because all other companies will too.
                                                                                      Except you forget the little fact that gas is sold as a commodity. The price is set by the market not by the oil company. They can't just up the price because they feel like it. The price goes up based on supply and demand.
                                                                                      In November, you can vote for America's next president or its first dictator.

                                                                                        Comment

                                                                                        • tranza
                                                                                          ICQ: 197-556-237
                                                                                          • Jun 2003
                                                                                          • 57559
                                                                                          #23
                                                                                          $5 gallon will be here simply because the world is running out of gas, you idiot.

                                                                                          Most of the countries already pay $5+ a gallon.
                                                                                          I'm just a newbie.

                                                                                            Comment

                                                                                            • DateDoc
                                                                                              Outside looking in.
                                                                                              • Feb 2005
                                                                                              • 14243
                                                                                              #24
                                                                                              Originally posted by tranza
                                                                                              $5 gallon will be here simply because the world is running out of gas, you idiot.

                                                                                              Most of the countries already pay $5+ a gallon.
                                                                                              Do you know why they pay $5 plus per gallon "idiot"? because of the taxes levied by their government. Carry on to something you know about!

                                                                                                Comment

                                                                                                • DateDoc
                                                                                                  Outside looking in.
                                                                                                  • Feb 2005
                                                                                                  • 14243
                                                                                                  #25
                                                                                                  Originally posted by crockett
                                                                                                  Except you forget the little fact that gas is sold as a commodity. The price is set by the market not by the oil company. They can't just up the price because they feel like it. The price goes up based on supply and demand.
                                                                                                  Oh wow, I give up. You do realize you have just said the commodities market dictates the price of gas and that it is set by supply and demand. Which is it?

                                                                                                  You are also saying Exxon has no control over the pricing of what it sells!!

                                                                                                  Oil pricing is adjusted based on the commodities market which in turn means Exxon pays more for it, which in turns means they sell gas for more money, which in turn means you pay more for gas!

                                                                                                    Comment

                                                                                                    • Brujah
                                                                                                      Beer Money Baron
                                                                                                      • Jan 2001
                                                                                                      • 22157
                                                                                                      #26
                                                                                                      Ok. Thanks democrats!

                                                                                                        Comment

                                                                                                        • tony299
                                                                                                          lurker
                                                                                                          • Aug 2002
                                                                                                          • 57021
                                                                                                          #27
                                                                                                          I dont know but while clinton was president I was paying as little as 74 cents a gallon. Now oil men are in the white house and its on its way up to $5 a gallon and Dick cheney has super secret energy meetings with the oil companies. Hmmmm

                                                                                                            Comment

                                                                                                            • Tempest
                                                                                                              Too lazy to set a custom title
                                                                                                              • May 2004
                                                                                                              • 10217
                                                                                                              #28
                                                                                                              Didn't Saudi Arabia just give Bush the finger by cutting back on production.. i.e. that will raise the price of gas after he requested they increase production in order to lower it... The oil companies are milking the public for everything they can and make up any excuse they can... The price doesn't need to be up where it is.. they're just fucking with everyone to make billions more so they can buy up even more of the US.. and all because the masses are generally stupid...

                                                                                                                Comment

                                                                                                                • IllTestYourGirls
                                                                                                                  Ah My Balls
                                                                                                                  • Feb 2007
                                                                                                                  • 14311
                                                                                                                  #29
                                                                                                                  and they can cut the supply anytime they want. So yes they can control the prices.

                                                                                                                  Originally posted by crockett
                                                                                                                  Except you forget the little fact that gas is sold as a commodity. The price is set by the market not by the oil company. They can't just up the price because they feel like it. The price goes up based on supply and demand.

                                                                                                                    Comment

                                                                                                                    • crockett
                                                                                                                      in a van by the river
                                                                                                                      • May 2003
                                                                                                                      • 76818
                                                                                                                      #30
                                                                                                                      Originally posted by IllTestYourGirls
                                                                                                                      and they can cut the supply anytime they want. So yes they can control the prices.

                                                                                                                      To an extent but the govt has some control on that. If they get caught deliberately reducing the production in order to create more profits there would be a shit storm.

                                                                                                                      Now you think they would risk that for 180 million a year in taxes that they were lucky to get out of paying prior to this?
                                                                                                                      In November, you can vote for America's next president or its first dictator.

                                                                                                                        Comment

                                                                                                                        • GAMEFINEST
                                                                                                                          Make STACK$
                                                                                                                          • Nov 2006
                                                                                                                          • 14470
                                                                                                                          #31
                                                                                                                          gas is way too expensive .. : (
                                                                                                                          Compound interest.

                                                                                                                            Comment

                                                                                                                            • woj
                                                                                                                              <&(©¿©)&>
                                                                                                                              • Jul 2002
                                                                                                                              • 47880
                                                                                                                              #32
                                                                                                                              Government has to get the $$ from someone, it doesn't really matter if it's from oil companies or income tax or sales tax, etc... as long as the extra tax doesn't lead to extra spending, I think it makes little difference who/how much/when something is taxed (within reason)...
                                                                                                                              Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
                                                                                                                              Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager
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                                                                                                                                • spunkmaster
                                                                                                                                  Confirmed User
                                                                                                                                  • Jan 2004
                                                                                                                                  • 2052
                                                                                                                                  #33
                                                                                                                                  Originally posted by DateDoc
                                                                                                                                  Let me see if i can explain this so you can understand it.

                                                                                                                                  Year 1 - Company A makes $100k in pre-tax net revenue.
                                                                                                                                  Taxes are at 25% so Company A pays $25k in taxes and nets $75k post-tax.
                                                                                                                                  Year 2 - Govt raises taxes and taxes go up to 30%.
                                                                                                                                  Company A (knowing taxes will be higher) raised the price of what it sells by 10% and has a pre-tax net revenue of $110k (it would in fact be higher but I will spare those details for you).
                                                                                                                                  30% taxes are $33k yielding a post-tax profit of $77k.
                                                                                                                                  Company A actually made more $$ and paid the higher tax rate. Oh wait, they passed the taxes on to the consumer. The fact that they can do this is because all other companies will too.

                                                                                                                                  Don't forget to add in the cost of Pizzer being delivered will go up 10%. The cost fly will go up and anyhing made from plastice will go up !

                                                                                                                                  But wait the increased tax won't be passed on to us ?

                                                                                                                                    Comment

                                                                                                                                    • IllTestYourGirls
                                                                                                                                      Ah My Balls
                                                                                                                                      • Feb 2007
                                                                                                                                      • 14311
                                                                                                                                      #34
                                                                                                                                      Opec plays with supply all the time. They could pump more if they wanted, but they do not want to why would they?

                                                                                                                                      Originally posted by crockett
                                                                                                                                      To an extent but the govt has some control on that. If they get caught deliberately reducing the production in order to create more profits there would be a shit storm.

                                                                                                                                      Now you think they would risk that for 180 million a year in taxes that they were lucky to get out of paying prior to this?

                                                                                                                                        Comment

                                                                                                                                        • Penthouse Tony
                                                                                                                                          Confirmed User
                                                                                                                                          • Apr 2004
                                                                                                                                          • 5835
                                                                                                                                          #35
                                                                                                                                          Originally posted by crockett
                                                                                                                                          If they earn more good for them, but this this tax still wont come out of the consumers pocket.
                                                                                                                                          how do you suppose they will earn more?
                                                                                                                                          aamos AT FFN dot com
                                                                                                                                          Penthouse.com Business Development
                                                                                                                                          ICQ: 49090846 | Yahoo IM: ff_aamos

                                                                                                                                            Comment

                                                                                                                                            • spanky part 2
                                                                                                                                              Confirmed User
                                                                                                                                              • Oct 2003
                                                                                                                                              • 1981
                                                                                                                                              #36
                                                                                                                                              Originally posted by crockett
                                                                                                                                              If they charge more.. guess what they pay "more" taxes.. It's like a dog chasing his tail it just dosn't do much for them.

                                                                                                                                                Comment

                                                                                                                                                • Iron Fist
                                                                                                                                                  Too lazy to set a custom title
                                                                                                                                                  • Dec 2006
                                                                                                                                                  • 23400
                                                                                                                                                  #37
                                                                                                                                                  i like waffles

                                                                                                                                                    Comment

                                                                                                                                                    • crockett
                                                                                                                                                      in a van by the river
                                                                                                                                                      • May 2003
                                                                                                                                                      • 76818
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by IllTestYourGirls
                                                                                                                                                      Opec plays with supply all the time. They could pump more if they wanted, but they do not want to why would they?
                                                                                                                                                      Of course they do.. that's why this tax is a non issue. Even in the wildest dream that it raised the price of gas 18 billion over the course of 10 years. (that would be illegal of course) It probably wouldn't even equate to .0001 of a cent per gallon.

                                                                                                                                                      In fact I bet all the crying that's going on about this in the media and all over the Internet is probably going to cause the price of oil to go up and cost the consumer more than this tax hike will.
                                                                                                                                                      In November, you can vote for America's next president or its first dictator.

                                                                                                                                                        Comment

                                                                                                                                                        • crockett
                                                                                                                                                          in a van by the river
                                                                                                                                                          • May 2003
                                                                                                                                                          • 76818
                                                                                                                                                          #39
                                                                                                                                                          Here we go... best I could find in 2005 138,142,791,000 gallons of gas were sold in the United states.

                                                                                                                                                          So at 1.8 billion total per year among all 5 oil companies that would not even be 1 tenth of a penny price increase per gallon.
                                                                                                                                                          In November, you can vote for America's next president or its first dictator.

                                                                                                                                                            Comment

                                                                                                                                                            • BFT3K
                                                                                                                                                              Too lazy to set a custom title
                                                                                                                                                              • Dec 2005
                                                                                                                                                              • 10764
                                                                                                                                                              #40
                                                                                                                                                              Originally posted by tony404
                                                                                                                                                              I dont know but while clinton was president I was paying as little as 74 cents a gallon. Now oil men are in the white house and its on its way up to $5 a gallon and Dick cheney has super secret energy meetings with the oil companies. Hmmmm
                                                                                                                                                              Tony, I think you and I see eye-to-eye on almost every thread I have ever seen you post on. Nice to see someone on GFY who sees things the way they really are.

                                                                                                                                                              Fuck big oil! I hope gas goes to $10 a gallon, so we are finally forced to roll out the electric cars and the alternate energy plans that scumbags like the Republican oil men have been repressing for so many years now.

                                                                                                                                                              Wake up America! Stop believing the lies, and stop buying into the fear!

                                                                                                                                                              The model T got 25 miles to the gallon. Nearly a hundred fucking years later the average car in America barely gets that mileage now. Are you fucking kidding me? Wake the fuck up!

                                                                                                                                                                Comment

                                                                                                                                                                • tony299
                                                                                                                                                                  lurker
                                                                                                                                                                  • Aug 2002
                                                                                                                                                                  • 57021
                                                                                                                                                                  #41
                                                                                                                                                                  Originally posted by BFT3K
                                                                                                                                                                  Tony, I think you and I see eye-to-eye on almost every thread I have ever seen you post on. Nice to see someone on GFY who sees things the way they really are.

                                                                                                                                                                  Fuck big oil! I hope gas goes to $10 a gallon, so we are finally forced to roll out the electric cars and the alternate energy plans that scumbags like the Republican oil men have been repressing for so many years now.

                                                                                                                                                                  Wake up America! Stop believing the lies, and stop buying into the fear!

                                                                                                                                                                  The model T got 25 miles to the gallon. Nearly a hundred fucking years later the average car in America barely gets that mileage now. Are you fucking kidding me? Wake the fuck up!
                                                                                                                                                                  I never knew that about the model T good one.

                                                                                                                                                                    Comment

                                                                                                                                                                    • crockett
                                                                                                                                                                      in a van by the river
                                                                                                                                                                      • May 2003
                                                                                                                                                                      • 76818
                                                                                                                                                                      #42
                                                                                                                                                                      Originally posted by BFT3K
                                                                                                                                                                      Tony, I think you and I see eye-to-eye on almost every thread I have ever seen you post on. Nice to see someone on GFY who sees things the way they really are.

                                                                                                                                                                      Fuck big oil! I hope gas goes to $10 a gallon, so we are finally forced to roll out the electric cars and the alternate energy plans that scumbags like the Republican oil men have been repressing for so many years now.

                                                                                                                                                                      Wake up America! Stop believing the lies, and stop buying into the fear!

                                                                                                                                                                      The model T got 25 miles to the gallon. Nearly a hundred fucking years later the average car in America barely gets that mileage now. Are you fucking kidding me? Wake the fuck up!
                                                                                                                                                                      I couldn't agree more, too bad any new fuel technology will be overtaken by the current big oil companies. They aren't going anywhere they make too much money.
                                                                                                                                                                      Last edited by crockett; 02-28-2008, 09:05 PM.
                                                                                                                                                                      In November, you can vote for America's next president or its first dictator.

                                                                                                                                                                        Comment

                                                                                                                                                                        • Tempest
                                                                                                                                                                          Too lazy to set a custom title
                                                                                                                                                                          • May 2004
                                                                                                                                                                          • 10217
                                                                                                                                                                          #43
                                                                                                                                                                          I love looking at graphics like this and corelating to them to things like.. oh I don't know.. a Bush in the white house..

                                                                                                                                                                          http://upload.wikimedia.org/wikipedi...0a/Opecrev.gif

                                                                                                                                                                            Comment

                                                                                                                                                                            • Dodge2hot
                                                                                                                                                                              Confirmed User
                                                                                                                                                                              • Sep 2005
                                                                                                                                                                              • 197
                                                                                                                                                                              #44
                                                                                                                                                                              Naturally Bush will veto this. he stands to lose money if it goes through. So no way in hell with this go through until the Republicans are out of office..
                                                                                                                                                                              Sexy N Nude

                                                                                                                                                                                Comment

                                                                                                                                                                                • theking
                                                                                                                                                                                  Nice Kitty
                                                                                                                                                                                  • Sep 2002
                                                                                                                                                                                  • 21053
                                                                                                                                                                                  #45
                                                                                                                                                                                  If I am not mistaken the oil companies are currently receiving an 8 plus percent return on their investment. Eight percent is more than some businesses and far less than other businesses. I personally do not have a complaint with an 8 plus percent return...and it is the share holders (people) that are the benefactors of the return. It has been said that as many as 48% of people that have stocks, 401 K's etc. have oil shares in their portfolios. Adjusted for inflation the price of gas is about the same as it was 40 years ago.
                                                                                                                                                                                  When you're running down my country hoss...you're walking on the fighting side of me!

                                                                                                                                                                                  FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.html

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                                                                                                                                                                                    • theking
                                                                                                                                                                                      Nice Kitty
                                                                                                                                                                                      • Sep 2002
                                                                                                                                                                                      • 21053
                                                                                                                                                                                      #46
                                                                                                                                                                                      Originally posted by Dodge2hot
                                                                                                                                                                                      Naturally Bush will veto this. he stands to lose money if it goes through. So no way in hell with this go through until the Republicans are out of office..
                                                                                                                                                                                      Educate me please...just how does the President benefit?
                                                                                                                                                                                      When you're running down my country hoss...you're walking on the fighting side of me!

                                                                                                                                                                                      FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.html

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                                                                                                                                                                                        • smack
                                                                                                                                                                                          Push Porn Like Weight.
                                                                                                                                                                                          • Mar 2002
                                                                                                                                                                                          • 10652
                                                                                                                                                                                          #47
                                                                                                                                                                                          Originally posted by tranza
                                                                                                                                                                                          $5 gallon will be here simply because the world is running out of gas, you idiot.

                                                                                                                                                                                          Most of the countries already pay $5+ a gallon.
                                                                                                                                                                                          the world is not running out of gas. "you idiot."

                                                                                                                                                                                          there is enough oil still locked in the ground to power the world well beyond our lifetime's, our children's lifetime's, and their children's lifetimes.

                                                                                                                                                                                          when they talk about oil being finite, they're talking in the long term.
                                                                                                                                                                                          Cry havoc and let slip the dogs of war.

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                                                                                                                                                                                            • BFT3K
                                                                                                                                                                                              Too lazy to set a custom title
                                                                                                                                                                                              • Dec 2005
                                                                                                                                                                                              • 10764
                                                                                                                                                                                              #48
                                                                                                                                                                                              This film is just one example of how the public gets fucked over by big oil.

                                                                                                                                                                                              When new battery technology finally started to make sense, guess who purchased the rights to the technology?

                                                                                                                                                                                              http://www.whokilledtheelectriccar.com/

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                                                                                                                                                                                                • spanky part 2
                                                                                                                                                                                                  Confirmed User
                                                                                                                                                                                                  • Oct 2003
                                                                                                                                                                                                  • 1981
                                                                                                                                                                                                  #49
                                                                                                                                                                                                  For all you brilliant GFY economists, what do you think is gonna happen to the price of EVERYTHING when the gas goes to $5 a gallon.

                                                                                                                                                                                                  All those things you buy are going to go up by 25-50%. Yes that's right it is going to cost more to buy your beer and nacho's.

                                                                                                                                                                                                  I always love people that say shit like, buy stock in oil companies. When you can't buy a loaf of bread, or the gas to even go to the store, you won't be buying anything except what you need to live.

                                                                                                                                                                                                    Comment

                                                                                                                                                                                                    • theking
                                                                                                                                                                                                      Nice Kitty
                                                                                                                                                                                                      • Sep 2002
                                                                                                                                                                                                      • 21053
                                                                                                                                                                                                      #50
                                                                                                                                                                                                      Originally posted by spanky part 2
                                                                                                                                                                                                      For all you brilliant GFY economists, what do you think is gonna happen to the price of EVERYTHING when the gas goes to $5 a gallon.

                                                                                                                                                                                                      All those things you buy are going to go up by 25-50%. Yes that's right it is going to cost more to buy your beer and nacho's.

                                                                                                                                                                                                      I always love people that say shit like, buy stock in oil companies. When you can't buy a loaf of bread, or the gas to even go to the store, you won't be buying anything except what you need to live.
                                                                                                                                                                                                      Of course prices will go up but you blame the oil companies for the increase of the price of gas and this is not the case. The oil companies are currently operating at an 8 plus percent profit margin on their investment and they of course are in business to make a reasonable profit and I consider 8 plus percent to be a reasonable margin.
                                                                                                                                                                                                      When you're running down my country hoss...you're walking on the fighting side of me!

                                                                                                                                                                                                      FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.html

                                                                                                                                                                                                        Comment

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