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Bob Crantz
 
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Default Gas Price.....Too High?


"Maxprop" wrote in message
k.net...

"Thom Stewart" wrote in message
...
Dave,

Refinery output has not only kept pace but has excided it many,many
times AND had to cut back. Cut back usually due to lack of charge or
Tankage at capacity.


If that's true, Thom, why is Big Oil whining about their inability to keep
up with demand? Inadequate supply, along with high crude prices, is the
primary reason they are giving for high prices at the gas pump.

My take on high pump prices is simply that Big Oil knows it has very
friendly allies in the White House and in Congress--allies who won't take
substantive action against runaway, windfall profits resulting from high
gasoline prices. Realize of course that having a Democrat president and
Congress would make little difference--both parties take huge amounts of
money from Big Oil for campaign finance. Until the public outcry is loud
enough that our government can't/won't ignore us, the high prices and
windfall profits will continue, IMO.

Max



What distinguishes a windfall profit from just profit?

There's much bigger profits made from the internet than oil.

Why is profit bad?


 
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