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11-02-2005, 10:55 AM
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Jack Burton
 Join Date: October 16, 2001
Location: PA
Age: 45
Posts: 5,421
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http://news.yahoo.com/s/ap/20051102/...ss_oil_profits
While I'm generally opposed to programs like this one (in the link) I do think that the oil companies have been excessive in their price gouging this year, the article mentions possibly taxing oil revenues over $40 a barrel, I think they should, and they should also reinvest that money into R&D for clean energy or other alternate fuel sources.
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"Any attempt to cheat, especially with my wife, who is a dirty, dirty, tramp, and I am just gonna snap." Knibb High Principal - Billy Madison |
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11-02-2005, 12:21 PM
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#2 |
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Lord Ao
 Join Date: May 27, 2004
Location: Canada
Age: 44
Posts: 2,061
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Good idea. There's no question that there has to be money coming from somewhere for R&D of new/clean energy, and it seems silly for governments to pony up when even a small tax on oil could provide a huge revenue stream.
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Where there is a great deal of free speech, there is always a certain amount of foolish speech. - Winston S. Churchill |
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11-02-2005, 04:40 PM
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#3 |
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Dracolich
 Join Date: January 24, 2004
Location: UK
Age: 42
Posts: 3,092
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I also agree, but I would take it from them. Sod the consultation - it would serve them right for having the audacity to lobby for financial assistance following Hurricane Katriona. Oil shortages are beneficial to these companies, dramatically increasing the value of their assets and the worth of the company. They were making record profits amidst the paupering of an entire city yet claiming they need government assistance
 They seriously need taken down a peg or two...
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11-02-2005, 10:00 PM
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#4 |
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Ironworks Webmaster
Join Date: January 4, 2001
Location: Lakeland, Florida
Age: 52
Posts: 11,729
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I was boiling when I hear that 9.9 billion profit. What would happen if the goverment regulated it? Would that help or make it worse?
Make gas prices based on inflation or something.. lock them during emergencies. Just pisses me off. I watched The Science channel on them building a new oil rig for Kerr McGee, MAN, those suckers are huge. the base of it weighed more than the Eiffel Tower! |
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11-03-2005, 09:45 AM
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#5 |
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40th Level Warrior
 Join Date: July 11, 2002
Location: Chicago, IL
Posts: 11,916
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You don't need to regulate them. Just apply AntiTrust law to them, bust them up into little bits, and make them compete in a free market rather than an Oligopoli. And murder all the Saudi princes, too, to close the loop on the free market system.
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11-03-2005, 02:01 PM
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#6 |
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Unicorn
 Join Date: October 4, 2001
Location: Kingdom of the West,..P.o. Cynagus
Posts: 4,212
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One point. The profits on a single gallon of gas is 10c (in the US), the average taxes on a gallon of gas (all) is 47c. Who's gouging?
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53.7% of all statistics are made up |
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11-03-2005, 04:19 PM
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#7 | |
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40th Level Warrior
Join Date: July 11, 2002
Location: Chicago, IL
Posts: 11,916
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Quote:
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11-03-2005, 06:39 PM
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#8 | |
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Unicorn
Join Date: October 4, 2001
Location: Kingdom of the West,..P.o. Cynagus
Posts: 4,212
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Quote:
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53.7% of all statistics are made up |
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11-03-2005, 07:12 PM
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#9 |
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Symbol of Cyric
 Join Date: July 3, 2001
Location: Cornwall England
Age: 38
Posts: 1,197
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about 80% of our fuel cost is tax
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