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

You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years all the while getting billions in tax credits and
subsidies. Of course, Ryan wants to end Medicare on the backs of the
middle class, but doesn't have much interest in ending the tax credits
or subsidies for Big Oil.

Maybe our elected officials from both parties need to hear from you?

http://www.citizen.org/Page.aspx?pid=4899

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

On Apr 28, 4:55*pm, wrote:
You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years all the while getting billions in tax credits and
subsidies. Of course, Ryan wants to end Medicare on the backs of the
middle class, but doesn't have much interest in ending the tax credits
or subsidies for Big Oil.

Maybe our elected officials from both parties need to hear from you?

http://www.citizen.org/Page.aspx?pid=4899

Sounds like pay-offs to me..... " Money talks, Bull**** walks"

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

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 all the while getting billions in tax credits and
subsidies. Of course, Ryan wants to end Medicare on the backs of the
middle class, but doesn't have much interest in ending the tax credits
or subsidies for Big Oil.

Maybe our elected officials from both parties need to hear from you?

http://www.citizen.org/Page.aspx?pid=4899

it's god's will. it shows oil companies are honest and, as GOP senator
al simpson said, senior are worthless leaches.

god bless the wealthy.

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

In article ,
says...

You read it right... Big Oil made $18B in three months and nearly $1T
in 10 years all the while getting billions in tax credits and
subsidies. Of course, Ryan wants to end Medicare on the backs of the
middle class, but doesn't have much interest in ending the tax credits
or subsidies for Big Oil.

Maybe our elected officials from both parties need to hear from you?

http://www.citizen.org/Page.aspx?pid=4899

Maybe you should compare that with what the government made on the same
oil...? Oh wait, the numbers wouldn't sound so extraordinary if you did
that... snerk

--
Team Rowdy Mouse, Banned from the Mall for life!

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

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.

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

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.

that would drive prices down, not up


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.

and they get 4B from US taxpayers every year while we're talking about
cutting food stamps, military pay and medicare

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

On Thu, 28 Apr 2011 20:55:36 -0400, wf3h 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.


that would drive prices down, not up

You'd think so wouldn't you? There's only one problem - they are
discovering less new oil than they are selling. The fact that they
are spending huge amounts of money on exploration and drilling is a
matter of public record. You can look it up as Casey Stengel used to
say. Every new barrel of oil that is discovered and developed costs
a great deal more than the oil that it replaces.

Here's a good start if you're interested:

http://en.wikipedia.org/wiki/Hydrocarbon_exploration

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

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.

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

On Thu, 28 Apr 2011 22:40:34 -0400, Wayne B
wrote:

On Thu, 28 Apr 2011 20:55:36 -0400, wf3h 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.


that would drive prices down, not up

You'd think so wouldn't you? There's only one problem - they are
discovering less new oil than they are selling. The fact that they
are spending huge amounts of money on exploration and drilling is a
matter of public record. You can look it up as Casey Stengel used to
say. Every new barrel of oil that is discovered and developed costs
a great deal more than the oil that it replaces.

Here's a good start if you're interested:

http://en.wikipedia.org/wiki/Hydrocarbon_exploration

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.

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

On Thu, 28 Apr 2011 20:26:18 -0700, wrote:

On Thu, 28 Apr 2011 22:40:34 -0400, Wayne B
wrote:

On Thu, 28 Apr 2011 20:55:36 -0400, wf3h 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.


that would drive prices down, not up

You'd think so wouldn't you? There's only one problem - they are
discovering less new oil than they are selling. The fact that they
are spending huge amounts of money on exploration and drilling is a
matter of public record. You can look it up as Casey Stengel used to
say. Every new barrel of oil that is discovered and developed costs
a great deal more than the oil that it replaces.

Here's a good start if you're interested:

http://en.wikipedia.org/wiki/Hydrocarbon_exploration

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.

That's a little subjective don't you think? What is their "fair
share" and how much are they under paying in your opinion?
You do realize that increasing their taxes would increase costs and
that would get passed along as higher prices? Quoting profit numbers
is meaningless unless it is framed in the context of sales and
investments. If you made $18B on $990B in sales, that is not
unreasonable at all, just big numbers.

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
against their exploration and production costs. It has a long
history, nothing new. The concept is somewhat similar to the
depreciation allowance for purchased assets which I'm sure you are
familiar with.

$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?

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

On Fri, 29 Apr 2011 11:01:18 -0400, Harryk
wrote:

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.

History has repeatedly shown that governmental attempts to regulate
prices are largely an excercise in futility. The most frequent
outcome is that market dislocations and shortages develop. That's why
I maintain that expensive oil is better than no oil. Over time,
market forces on both products and currencies get the job done.

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

On Fri, 29 Apr 2011 09:33:24 -0400, Wayne B
wrote:

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.


Really, so when the right-leaning Supreme Court rules that big
companies like ATT can essentially cheat people in mass numbers out of
small amounts and have a sentence in 4pt type buried in the agreement
about arbitration being the only avenue for reimbursement, that's ok
with you.

Wayne you are delusional if you think that big oil isn't licking their
collective chops at the prospect of subsidies, tax breaks, and an $18B
profit (and that's IN THREE MONTHS).

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

On Fri, 29 Apr 2011 10:51:32 -0400, Wayne B
wrote:

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.

We are both importers and exporters. We're a net importer. Try and get
your facts straight. Oil is a world-market commodity. Why don't you
chant "drill baby drill" if it makes you feel better.

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

On Fri, 29 Apr 2011 13:01:35 -0400, Wayne B
wrote:

On Fri, 29 Apr 2011 11:01:18 -0400, Harryk
wrote:

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.

History has repeatedly shown that governmental attempts to regulate
prices are largely an excercise in futility. The most frequent
outcome is that market dislocations and shortages develop. That's why
I maintain that expensive oil is better than no oil. Over time,
market forces on both products and currencies get the job done.

That's only partially true. While price controls themselves don't do
much, regulation does. Actually, that's what OPEC is all about.. price
controls. While not perfect, they do have a stabilizing effect.

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

On 4/29/11 9:33 AM, 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.



Wayne, do you remember when Harry thought any boat larger than 23'
should have a large surcharge tax, since they were burning gas
needlessly? Now Harry wants everyone to believe that he purchased a
large Sports-fisher Boat

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

In article , says...

On 4/29/11 9:33 AM, 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.



Wayne, do you remember when Harry thought any boat larger than 23'
should have a large surcharge tax, since they were burning gas
needlessly? Now Harry wants everyone to believe that he purchased a
large Sports-fisher Boat

And did you notice that he's taking pictures of his boats for bragging
purposes, and there isn't one of his alleged new one?