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Re: Fuel Prices...Here we go again...


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Posted by 730d se on January 01, 2011 at 12:41:21 from (71.12.22.117):

In Reply to: Re: Fuel Prices...Here we go again... posted by IndianaTom on January 01, 2011 at 12:30:55:

Tom,

Your question begs to hear your answer. When greed runs any business, they set loafty and sometimes unrealistic profit targets. In the case of the oil companies, should we begin to use less, they just jack the prices even higher to try to meet those greedy profit targets.
How do you suppose getting rid of "gas guzzlers" will aid in cutting gas prices based on that bit of reality?
They have lied to us about many things, including how much oil and reserve there is. We were supposed to run out of oil shortly. Heck, they can't find enough storage for what they have above ground, and there is so much more that is below ground and not even discovered yet.
Remember another lie, "the price of diesel will drop even more as the usuage climbs." Priced diesel in the last 5 years?
Diesel, even with additives, is much cheaper to get to the pumps than gas, yet it cost MORE? Duh.
Once again, an investor that is leaning on oil stocks for profit wants it to go out the roof, no matter what happens to our economic strenght in the US.


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