Wayne.B wrote:
On Fri, 22 Apr 2011 18:20:57 -0700 (PDT),
wrote:

On Apr 22, 4:31 pm, wrote:
Of course Obama blames "speculators" because that is ALWAYS the reason
why gas costs anything. It is a bit like saying the sky is blue
because it bluish colored. However, what Obama actually means is that
in this context, "speculators" is a code word for "reaql
Here's a reasonable explanation why:

http://www.helium.com/items/2143049-...-costs-so-much


A very nice apologetica that conveniently makes no mention of the greed
factors.

I love this line: "In other words, it's not profitable to build new
refineries and refine more oil because the lower price of gas won't
provide sufficient return on investment."

Right, I believe that b.s., just as I believe all the other oil company
lies.

Oil companies are going to be reporting record profits again.

Hey, if making gasoline has such a low R.O.I., let's buy the refineries
in the name of the taxpayers and produce gasoline at prices that are at
breakeven plus a 10% setaside. That'll lower the pump price of gasoline
by what, $2.00 a gallon?

Even smarter, let's not allow the Repubs in Congress to cut the funds
for alternative energy development, as they want to do, in order to
continue the payoff to their oil company buddies.

It's amazing how Americans have been brainwashed into believing that the
world exists for corporations.