Poor, poor Oil Companies.

[Godiva]

Remember after Katrina, and during all of the other "emergencies" when the price of oil (and gas) went up and the Oil companies swore they weren't making that much of a profit or even losing money?

Well.

Chevron's 4Q profits up 20%

Profits up 20%. TWENTY percent.

Highest in 126 years.

Does anyone think they're trying to squeeze as much as they can out of the public now that oil has peaked and they're living on borrowed time?

Hybrids and alternative fuels are nipping at their heels. Time to wring as much profit as they can out of the golden goose before it lays an egg.

Let the price of gas to up and keep going.

I bought my Prius. I'll remain smug that I did. And I'll say "I told you so" whenever oportunity warrants.

BTW remember when I said gas would reach $3 a gallon last year? And it did?

$3.50 this year.

[Tideland Prius]

Yep. Ditto with Esso (Imperial Oil?) and its record profits. Honestly, are people blind?

[DaveinOlyWA]

Exxon's 3rd quarter profit was $5 million PER HOUR, or 120 million per day, 3/4 billion per week... pathetic totally pathetic, and the government just lets it go on

[EricGo]

Originally posted by DaveinOlyWA@Jan 29 2006, 03:23 AM
Exxon's 3rd quarter profit was $5 million PER HOUR, week... pathetic totally pathetic

[snapback]199789[/snapback]

I personally wish energy cost TWICE as much.

The only thing I want the gov to do is add hefty taxes, that go straight into alternative energy dev. The companies can profit as much as they dare as far as I am concernced. Until the idiot consumer wakes up and makes different choices.

[unique2006]

You can pay half my gas bill then

Originally posted by EricGo@Jan 29 2006, 03:57 AM
I personally wish energy cost TWICE as much.

The only thing I want the gov to do is add hefty taxes, that go straight into alternative energy dev. The companies can profit as much as they dare as far as I am concernced. Until the idiot consumer wakes up and makes different choices.

[snapback]199798[/snapback]

[2Hybrids]

oil is the drug....we have the addiction,....and THEY KNOW IT!!!

[DaveinOlyWA]

Eric is right. the only way alternative energy will be developed is if money is involved. that means heavy taxation on the method we are going away from to subisize what we want to go to.

[DocVijay]

Originally posted by EricGo@Jan 29 2006, 02:57 AM
I personally wish energy cost TWICE as much.

The only thing I want the gov to do is add hefty taxes, that go straight into alternative energy dev. The companies can profit as much as they dare as far as I am concernced. Until the idiot consumer wakes up and makes different choices.

[snapback]199798[/snapback]

What about the "idiot consumer" who can't afford to buy a new Prius? There are millions of peole who were barely able to afford a car so they could do the things that you and I take for granted every day. Some people are ahving to cut back on things like food simply to be able to drive to work. How about them? Or are they simpy idiots for being poor...

Not everyone has as wonderful a life as you. I'm not one to talk either. I've got way too many toys. But at least I take into consideration those who don't.


Dave, are we also going to susidize new cars for thoise who can't afford the alternative fuel ones?

[DocVijay]

It reminds me of a parallel situation occuring right now. Digital TV. For you and me it may seem like a great idea. Hi-def picture, 5.1 surround sound, and so on. Wonderful. Well, I'm all set, we've got three HD TV's. No worries right?

Well, when the final change over to pure digital takes place, who gets screwed. Those same "idiot consumers" who didn't buy an HDTV, those who couldn't afford them.

So now suddenly half the country won't be able to watch TV. THey can always get a D/A converter box to watch, but they'd have to buy that too. Or they could just get cable or satellite. There's been talk of subsidizing those as well, but the idea bombed. Who wants to pay for someone elses stuff?

Now I admit, watching TV is far different from driving, but it draws a nice parallel.

[DaveinOlyWA]

Originally posted by DocVijay@Jan 29 2006, 08:02 AM


Dave, are we also going to susidize new cars for thoise who can't afford the alternative fuel ones?

[snapback]199877[/snapback]

been advocating that since i joined this site. over half of the polution is created by the 25% of the cars on the road that are not properly maintained and driven by people who cannot afford anything better. these cars belch smoke, burn a disproportionate amount of gas, and leak oil and anti-freeze (a single cup of anti-freeze does more damage to the environment than driving a new car over 100,000 miles and over 85% of anti-freeze that is used is leaked out of these cars!!)

an exchange program that would permanently take these cars off the road and replace them with small efficient well running vehicles is what we need to do. part of that program would be regular inspections to insure that these cars continue to run well.