$18 billion in three months, $1 trillion in 10 years
 

On Thu, 28 Apr 2011 20:25:19 -0700, wrote:

On Thu, 28 Apr 2011 20:32:40 -0400, Wayne B
wrote:

On Thu, 28 Apr 2011 13:55:18 -0700, wrote:

You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years

Next time you fill up your car/truck/boat/whatever, you should thank
them for investing countless billions of dollars in exploration and
drilling.

It's a high stakes, very risky business and expensive oil is a lot
better than no oil at all. Think about it. After you get done
complaining about prices here, do some traveling in Europe.

Please show me where I complained about the cost of gasoline. I
didn't. They made money and didn't pay taxes on it. You seem to feel
they should continue to get a subsidy, apparently.

With all due respect, you are making things up to support your point
of view.

$18 billion in three months, $1 trillion in 10 years
 

On Thu, 28 Apr 2011 23:59:42 -0400, Wayne B
wrote:

On Thu, 28 Apr 2011 20:25:19 -0700, wrote:

On Thu, 28 Apr 2011 20:32:40 -0400, Wayne B
wrote:

On Thu, 28 Apr 2011 13:55:18 -0700, wrote:

You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years

Next time you fill up your car/truck/boat/whatever, you should thank
them for investing countless billions of dollars in exploration and
drilling.

It's a high stakes, very risky business and expensive oil is a lot
better than no oil at all. Think about it. After you get done
complaining about prices here, do some traveling in Europe.

Please show me where I complained about the cost of gasoline. I
didn't. They made money and didn't pay taxes on it. You seem to feel
they should continue to get a subsidy, apparently.

With all due respect, you are making things up to support your point
of view.

So, basically, you can't. Seems to me you're the one "making things
up" to support your right wing view. Does that mean you're a liar?

$18 billion in three months, $1 trillion in 10 years
 

Wayne B wrote:
On Thu, 28 Apr 2011 13:55:18 -0700, wrote:

You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years

Next time you fill up your car/truck/boat/whatever, you should thank
them for investing countless billions of dollars in exploration and
drilling.

It's a high stakes, very risky business and expensive oil is a lot
better than no oil at all. Think about it. After you get done
complaining about prices here, do some traveling in Europe.


We should all feel sorry for the oil companies, according to Wayne, and
we should bend over even further as they relieve our wallets of cash.

$18 billion in three months, $1 trillion in 10 years
 

On Thu, 28 Apr 2011 20:26:18 -0700, sent the
following message
And yet... they made $18B and didn't pay their fair share in taxes,
plus they got gov't subsidies... sounds like they're doing just
fine.

Follow the money pal. You always stop short of telling the whole
truth.

$18 billion in three months, $1 trillion in 10 years
 

On Thu, 28 Apr 2011 22:11:45 -0700, sent the
following message
They don't really get a subsidy as such, not like farmers who get
direct payments. People and corporations who/ produce oil get
something called a depletion allowance which is a partial credit

Actually, they do. You just don't want to think about it, perhaps
because you don't really give a damn about the regular people. After
all, a corp. is a person, right?

Taxes are passed on to to the cosumer.
Profits are paid out to investors.
Aparently you aren't investor.
Too bad for you, buddy.

$18 billion in three months, $1 trillion in 10 years
 

On Fri, 29 Apr 2011 06:45:16 -0400, Harryk
wrote:

Wayne B wrote:
On Thu, 28 Apr 2011 13:55:18 -0700, wrote:

You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years

Next time you fill up your car/truck/boat/whatever, you should thank
them for investing countless billions of dollars in exploration and
drilling.

It's a high stakes, very risky business and expensive oil is a lot
better than no oil at all. Think about it. After you get done
complaining about prices here, do some traveling in Europe.


We should all feel sorry for the oil companies, according to Wayne, and
we should bend over even further as they relieve our wallets of cash.

You (and D'Plume) have your personal, political and social agendas
confused with the facts. My advice to you is keep your cash and do
without the oil. It's a win-win situation - more cash for you, more
oil for everyone else.

$18 billion in three months, $1 trillion in 10 years
 

Wayne B wrote:
On Fri, 29 Apr 2011 06:45:16 -0400,
wrote:

Wayne B wrote:
On Thu, 28 Apr 2011 13:55:18 -0700, wrote:

You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years
Next time you fill up your car/truck/boat/whatever, you should thank
them for investing countless billions of dollars in exploration and
drilling.

It's a high stakes, very risky business and expensive oil is a lot
better than no oil at all. Think about it. After you get done
complaining about prices here, do some traveling in Europe.

We should all feel sorry for the oil companies, according to Wayne, and
we should bend over even further as they relieve our wallets of cash.

You (and D'Plume) have your personal, political and social agendas
confused with the facts. My advice to you is keep your cash and do
without the oil. It's a win-win situation - more cash for you, more
oil for everyone else.


Your view of the world is too simplistic for my taste. While I am
offended by oil company profiteering, I am more offended by oil company
tax breaks. As I have stated previously, we need to restructure how we
allow our depletable natural resources to be extracted...and consumed.

$18 billion in three months, $1 trillion in 10 years
 

On Fri, 29 Apr 2011 09:40:27 -0400, Harryk
wrote:

As I have stated previously, we need to restructure how we
allow our depletable natural resources to be extracted...and consumed.

That certainly worked well for Saudia Arabia when they did it in the
1970s. Unfortunately we are importers not exporters.

$18 billion in three months, $1 trillion in 10 years
 

Wayne B wrote:
On Fri, 29 Apr 2011 09:40:27 -0400,
wrote:

As I have stated previously, we need to restructure how we
allow our depletable natural resources to be extracted...and consumed.

That certainly worked well for Saudia Arabia when they did it in the
1970s. Unfortunately we are importers not exporters.



Your imagination is limited.

As an example, and as something in addition to a national energy policy
which we do not have, we could easily form an international consortium
of *Non* Oil Producing Nations (even though we and others who might sign
up still produce some oil).

By doing so, the new consortium could peg the price of food, medicine,
technology, exports, et cetera, to the price of oil. Oil goes up a
dollar a barrel? Wheat goes up $2 a bushel. A Saudi wants some
life-saving drug made in Canada? Instead of $50 a a dose, it is priced
at five times the price of a barrel of oil...for Saudis.

Troublesome to enforce...you betcha.

$18 billion in three months, $1 trillion in 10 years
 

In article ,
says...

Wayne B wrote:
On Fri, 29 Apr 2011 06:45:16 -0400,
wrote:

Wayne B wrote:
On Thu, 28 Apr 2011 13:55:18 -0700, wrote:

You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years
Next time you fill up your car/truck/boat/whatever, you should thank
them for investing countless billions of dollars in exploration and
drilling.

It's a high stakes, very risky business and expensive oil is a lot
better than no oil at all. Think about it. After you get done
complaining about prices here, do some traveling in Europe.

We should all feel sorry for the oil companies, according to Wayne, and
we should bend over even further as they relieve our wallets of cash.

You (and D'Plume) have your personal, political and social agendas
confused with the facts. My advice to you is keep your cash and do
without the oil. It's a win-win situation - more cash for you, more
oil for everyone else.


Your view of the world is too simplistic for my taste. While I am
offended by oil company profiteering, I am more offended by oil company
tax breaks. As I have stated previously, we need to restructure how we
allow our depletable natural resources to be extracted...and consumed.

Is it your position that no company should profit?