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Those poor oil companies and the risks they have to take
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To
04/02/2007 03:25:29
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Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01191692
Message ID:
01192214
Views:
15
"Things worked out"? Did you really say that?

Profit is not evil. It's what makes the engine run. Price gouging IS evil. The multinational oil companies, who basically answer to no one, have been crying poor since Katrina made landfall. And now, miracle of miracles, record profits. Do you feel comfortable bent over with your pants around your ankles every time you fuel up? I don't. For starters we should shut off the federal subsidies for oil exploration in the Gulf of Mexico, at least to companies above a certain size. It's a giant giveaway that you, me, and every other taxpayer pay for.


>What, profit is evil? They're in a lucrative industry and things worked out. What's the problem?
>
>>http://money.cnn.com/2007/02/01/news/companies/exxon/index.htm?eref=rss_topstories
>>
>>Exxon Mobil Corp. Thursday reported the biggest annual profit on record for a U.S. corporation - earning more than $75,000 every minute of 2006 on the back of record oil prices.
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