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Go Back   Hummer Forums by Elcova > ETC. Forums > General Off Topic

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  #1  
Old 05-15-2007, 12:03 AM
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Default Re: Hillary On Oil Profits.

I would like someone to define "excessive profits."

Oil companies have tried to build and expand existing refineries in this country and the "not in my backyard" crowd, along with massive regulations has stopped all new refineries. Lately, the companies have given up, why waste the time and money when the people won't allow it. Hell, a few years ago in TN, the people screamed about a new pipeline to disburse fuel.

As for their profits, they are extremely large, but let's define "large." If we start taxing companies for their profits, do we stop at the oil companies, or do we go after Toyota, Microsoft, etc., when they return large profits?
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Old 05-15-2007, 12:27 AM
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Default Re: Hillary On Oil Profits.

Good points F5, but the reality is Hillary was just blowing the usual gas out of her sorry ass without any thought to the recourse of her actions...

Quote:
Originally Posted by f5fstop
I would like someone to define "excessive profits."

Oil companies have tried to build and expand existing refineries in this country and the "not in my backyard" crowd, along with massive regulations has stopped all new refineries. Lately, the companies have given up, why waste the time and money when the people won't allow it. Hell, a few years ago in TN, the people screamed about a new pipeline to disburse fuel.

As for their profits, they are extremely large, but let's define "large." If we start taxing companies for their profits, do we stop at the oil companies, or do we go after Toyota, Microsoft, etc., when they return large profits?
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Old 05-15-2007, 12:37 AM
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Default Re: Hillary On Oil Profits.

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Originally Posted by bparker
Good points F5, but the reality is Hillary was just blowing the usual gas out of her sorry ass without any thought to the recourse of her actions...

I agree, she is a fool, always will be. If she gets elected, this country is screwed.
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Old 05-15-2007, 12:38 AM
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Default Re: Hillary On Oil Profits.

I'm all about the free market when there is real competition, but with gas there really isn't competition since all of the buyouts and mergers.

What do you think about regulating gas prices? Guessing many of you would be against that, but why do they regulate natural gas and electricity rates and not gas/diesel? I spend a heck of a lot less on those each month than I do on gasoline and all three are pretty much (not completey) a necessity.
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Old 05-15-2007, 12:46 AM
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Default Re: Hillary On Oil Profits.

Basic services people in this country MUST have to survive and sustain life should be regulated. Just my opinion - phone, gas, elec
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Old 05-15-2007, 03:06 AM
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Default Re: Hillary On Oil Profits.

I think we talked about this before

but

when we elect a president, that person, whoever it might be needs to have EXPERIENCE in government, military, diplomacy, managing people & common sense.

WOOPS !!!!!!

that eliminates about 90% of the people (republican, democrat, independant) that are currently in the race...
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