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Old 05-22-2007, 08:04 AM
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Huck BB62 Huck BB62 is offline
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Join Date: Nov 2005
Location: Posey, CA Southern Sierras
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Default Re: On Gas Station and Oil Company Profits

Well, how much of what this article says is true, I don't know but I do know one item is total BS. The article that says that they station has to buy propietory gasoline. That's simply inaccurate. The gas comes from the same danged storage tanks. There's a cardlock additive dispenser for each delivery and even that completely depends on the diligence of the driver and worker at the tank farm. Heck they don't even PUT additives in it sometimes when they screw up or get lazy.

This is the truth as told to me by my buddy that worked the tank farm in our area for five years.

Now you know.

If you want to be mad, be mad at the facts.

Oil in the states cost between $4 and $6.50 a gallon to get out of the ground. This is called "lifting costs". Anyone tells you different, they're a corporate whore liar. I've been in budget meetings and we've shut down power plants at the price point. Back in the late '80s, I saw bumper stickers in our area that said "Please God, give me one more oil boom, we promise not to waste it." They frickin' meant it. During the '70s embargo around here, oh my God, it was sin city. Money flowed allllllll over this town. Now, it goes one place, straight up. The oilfield I work in used to talk about astronomical profits at $20 a barrel!!!!!! They don't EVEN DISCUSS it now. I'm serious, it's a hush hush secret. They don't make trucks big enough for the amount of cash the oilfield I work in the middle of makes (the company begins with a C) They got rid of all their employees that they could. There wasn't enough profits for company owned oil rigs or repair people. NOOOoooo, that's all done by contractors now, on the margin.

Where the workers around here used to be people with defined benefit plans, medical, retirement. Now they're all poor schmucks that work for the contractors with minimal benefits. Nice huh? Billions and billions of dollars of profits and they complain about how expensive it is to give employees medical, and how much it's going up. (don't get me started on how the illegals are killing the hospitals in our area by using the ERs as a clinic)

Billions and billions of record profits and the news right now is that gas is expensive because of lack of refinery capacity. No new refineries have been built since the '70s (don't get me started on how the EPA greenie a-holes have made this and nuke plants very unlikely) With billions of dollars flowing for the record profits, perhaps BP could hose a little of that into a new refinery or two instead of puking ad dollars telling us how "Green" they are? NOOOOooooooo.

But still, we all drive like idiots with our foot planted firmly on the floorboard. I'm guilty too, so don't take it as an insult.

They're charging us precisely what we're willing to pay. No more, no less.

I've seen the enemy, they iz us.
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