JoeSpareBedroom wrote:
"HK" wrote in message
...
Eisboch wrote:
"HK" wrote in message
...
I'll bet that Dicque Cheney is working right now with his "BIG OIL"
buddies to try to knock the price of gas down temporarily two weeks
before the November elections.

Sure he is Harry. Sure he is.

The blame for the price of oil doesn't reside with politicians, current
or past.
The blame resides with us.

Eisboch

I think a steep "excess profits tax" would tighten things up a hair, that
and members representing the public and responsible to it sitting on big
oil boards.


Excess profits in what terms? Straight dollars, or percentage? It really
wouldn't matter. Unlike the vast majority of businesses, crude oil is priced
by a gambling parlor. Even if you (and I mean YOU specifically) could
somehow control the profits of the oil companies, they still have to buy
crude at prices determined by sheer lunacy.




"Big Oil" helps set the price of the crude it buys. You think it doesn't
have "partners" sitting on the OPEC committees?