>Isn't it time our goverment officials stand up and do something about the
>rediculous gas prices?
>
>ExxonMobil posted earnings last quarter that were the greatest earnings ever
>posted by any company anywhere. Is seems unlikely that Big Oil could be posting
>record earnings if the there truly was a shortage of gas.
>
>If the refineries in the south were so badly damaged, as we've been told, that
>gas production capacity were diminished to the point where it would take billions
>to repair, then how can they be posting such enourmous profits? Greed is the answer.
>
>A study taken 2 years ago showed that all the oil companies have to do is raise
>the price of gas 1 cent at the pump and they make hundreds of millions. Consider the
>hike in gas prices over the last year and it's no wonder the posted upsurd earnings.
>
>First of all, OPEC has far too much control over us in this area. Why should the
>United States be subject to arab oil prices? If the President called up OPEC and
>said 'We are no longer buying your oil until the prices come down', they would
>drop the prices in a flash, as we are one of the their biggest customers. And we have
>enough oil in the strategic reserve to do it (for a while).
>
>Second, it's time the goverment regulate the gas prices. This situation is approaching
>monopoly standards, as we the consumers have no say in it or any control over the
>prices.
>
>Hey W, wanna score points across the nation, keep your tax refunds and do something
>about the ubsurd gas prices.
>
This is the last administration that would do anything to hurt the oil bidness.
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