Affording Fuel
I've had one hell of a time justifying the expense of fuel and,
consequently, over the last year our boat has been out very little. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. I'm feeling stung. The taxation is going to happen one way or another. I feel government is in a better position to redistribute my taxation more than I trust Exxon or Chevron or Halliburton but I guess they already have. Think about it folks. Very few companies are having banner years, apart from these companies. Is it some sort of coincidence that these same companies are friends of the current administration? This whole thing stinks from the head down. I guess the dinghy will have to do for now. jps |
Affording Fuel
jps wrote:
I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Perhaps you should consider a more fuel-efficient boat? Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. You mean yours, or everybody elses (average)? I'm feeling stung. The taxation is going to happen one way or another. I feel government is in a better position to redistribute my taxation more than I trust Exxon or Chevron or Halliburton but I guess they already have. Think about it folks. Very few companies are having banner years, apart from these companies. Is it some sort of coincidence that these same companies are friends of the current administration? Yes, it's an amazing coincidence, isn't it? Another funny thing is that so far, this boon has not been distributed very effectively to holders of common stock. This whole thing stinks from the head down. You really really miss the old days of political mud-throwing in this NG, don't you? DSK |
Affording Fuel
In article ,
says... jps wrote: I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Perhaps you should consider a more fuel-efficient boat? I certainly wouldn't purchase another boat without considering all options, including defecting to rag boating. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. You mean yours, or everybody elses (average)? Everyone's. http://news.yahoo.com/s/ap/20060130/..._ec_fi/economy I'm feeling stung. The taxation is going to happen one way or another. I feel government is in a better position to redistribute my taxation more than I trust Exxon or Chevron or Halliburton but I guess they already have. Think about it folks. Very few companies are having banner years, apart from these companies. Is it some sort of coincidence that these same companies are friends of the current administration? Yes, it's an amazing coincidence, isn't it? Another funny thing is that so far, this boon has not been distributed very effectively to holders of common stock. They don't matter. It's the boys in the front office who are meant to benefit from this. Meanwhile, Exxon wants the $5B settlement reduced for the Alaska spill. Pigs. This whole thing stinks from the head down. You really really miss the old days of political mud-throwing in this NG, don't you? Old days? It was just yesterday for me. AFAIC the group has been dumbed down, a perfect reflection of our society. I'm guessing the savings rate on brain cells and good ideas is, like savings, at a historical low. Fear factor, Baywatch and cigarettes are our major exports now. DSK jps |
Affording Fuel
I've had one hell of a time justifying the expense of fuel and,
consequently, over the last year our boat has been out very little. Perhaps you should consider a more fuel-efficient boat? jps wrote: I certainly wouldn't purchase another boat without considering all options, including defecting to rag boating. That's one area that diesel inboards shine, fuel efficiency per ton/mph. Planing is still a very inefficient to carry loads though. Note- there are some boats with fuel consumptions that are flat at high speeds, or even drop a little ie- they get better MPG near WOT than at "cruise" speeds. But they get better mileage yet at slow displacement speeds. The best way to go fast & not burn a lot of fuel is with a catamaran... but even then, speed costs. If you're concerned about fuel efficiency, get a slow boat. Everyone's. http://news.yahoo.com/s/ap/20060130/..._ec_fi/economy Yep, that has been a concern of economists for a long time... Americans are not saving, in fact we are jacking up debt both personal & public at record rates. How long can this go on? I don't know... but IMHO any individual is still better off saving & investing, what we used to call managing one's money intelligently. Meanwhile, Exxon wants the $5B settlement reduced for the Alaska spill. Pigs. Wouldn't you? DSK |
Affording Fuel
jps wrote:
I certainly wouldn't purchase another boat without considering all options, including defecting to rag boating. I wouldn't want to discourage anybody from considering sail, but for the most part it's not really any cheaper unless you are going a long way. That's one area that diesel inboards shine, fuel efficiency per ton/mph. Planing is still a very inefficient to carry loads though. Note- there are some boats with fuel consumptions that are flat at high speeds, or even drop a little ie- they get better MPG near WOT than at "cruise" speeds. But they get better mileage yet at slow displacement speeds. Forgot to add, all the boats that have this 'best mileage at higher speed' characteristic are all *light* and beamy. A deep-vee hull is very rarely (if ever... I'm tempted to say never) going to achieve this. DSK |
Affording Fuel
"jps" wrote in message ... I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. I'm feeling stung. The taxation is going to happen one way or another. I feel government is in a better position to redistribute my taxation more than I trust Exxon or Chevron or Halliburton but I guess they already have. Think about it folks. Very few companies are having banner years, apart from these companies. I also made more money this past year than at any time in history. Is it some sort of coincidence that I'm a friend (at least via donor money) of the current administration? |
Affording Fuel
"jps" wrote in message ... I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. 10bil profit on revenue of 100bil seems about right to me. |
Affording Fuel
On Mon, 30 Jan 2006 13:45:46 -0500, DSK wrote:
Forgot to add, all the boats that have this 'best mileage at higher speed' characteristic are all *light* and beamy. A deep-vee hull is very rarely (if ever... I'm tempted to say never) going to achieve this. So there's a choice, lose the fillings from your teeth (NOYBY will be happy to put them back), or lose your money. Personally I'll take the deep-V thank you. |
Affording Fuel
"Wayne.B" wrote in message ... On Mon, 30 Jan 2006 13:45:46 -0500, DSK wrote: Forgot to add, all the boats that have this 'best mileage at higher speed' characteristic are all *light* and beamy. A deep-vee hull is very rarely (if ever... I'm tempted to say never) going to achieve this. So there's a choice, lose the fillings from your teeth (NOYBY will be happy to put them back), or lose your money. Personally I'll take the deep-V thank you. I will personally replace, without charge, any fillings that come loose as the result of a bone-jarring boat ride.* *PWC's excluded |
Affording Fuel
I hear you man, I fear that this summer I"m going to be doing a bit
less waverunning and more kayaking than in the past. richforman |
Affording Fuel
On Mon, 30 Jan 2006 10:04:13 -0800, jps wrote:
In article , says... jps wrote: I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Perhaps you should consider a more fuel-efficient boat? I certainly wouldn't purchase another boat without considering all options, including defecting to rag boating. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. You mean yours, or everybody elses (average)? Everyone's. http://news.yahoo.com/s/ap/20060130/..._ec_fi/economy I'm feeling stung. The taxation is going to happen one way or another. I feel government is in a better position to redistribute my taxation more than I trust Exxon or Chevron or Halliburton but I guess they already have. Think about it folks. Very few companies are having banner years, apart from these companies. Is it some sort of coincidence that these same companies are friends of the current administration? Yes, it's an amazing coincidence, isn't it? Another funny thing is that so far, this boon has not been distributed very effectively to holders of common stock. They don't matter. It's the boys in the front office who are meant to benefit from this. Meanwhile, Exxon wants the $5B settlement reduced for the Alaska spill. Pigs. This whole thing stinks from the head down. You really really miss the old days of political mud-throwing in this NG, don't you? Old days? It was just yesterday for me. AFAIC the group has been dumbed down, a perfect reflection of our society. I'm guessing the savings rate on brain cells and good ideas is, like savings, at a historical low. Fear factor, Baywatch and cigarettes are our major exports now. DSK jps jps, how is the lack of antagonistic, vile, name-calling a 'dumbing down' of the group? Is an ability to hurl insults a sign of intellectual prowess? Why not go over to a.politics and post all the political rhetoric your heart desires? -- 'Til next time, John H ****************************************** ***** Have a Spectacular Day! ***** ****************************************** |
Affording Fuel
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In article , jherring1
@yahoo.com says... jps, how is the lack of antagonistic, vile, name-calling a 'dumbing down' of the group? Is an ability to hurl insults a sign of intellectual prowess? Nice spin. The existence of antagonistic, vile, name-calling is consistent with the behavior of this country's leadership. Sabre-rattling, ill-informed, non-intellectual, Rambo-style rhetoric (not to mention outright lying) is all the rage, or haven't you been listening to your President and his minions? Exxon, Chevron and Halliburton are having historically profitable years. Doe's this touch your brain at all? jps |
Affording Fuel
On Mon, 30 Jan 2006 14:40:10 -0500, Harry Krause
wrote: JohnH wrote: On Mon, 30 Jan 2006 10:04:13 -0800, jps wrote: In article , says... jps wrote: I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Perhaps you should consider a more fuel-efficient boat? I certainly wouldn't purchase another boat without considering all options, including defecting to rag boating. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. You mean yours, or everybody elses (average)? Everyone's. http://news.yahoo.com/s/ap/20060130/..._ec_fi/economy I'm feeling stung. The taxation is going to happen one way or another. I feel government is in a better position to redistribute my taxation more than I trust Exxon or Chevron or Halliburton but I guess they already have. Think about it folks. Very few companies are having banner years, apart from these companies. Is it some sort of coincidence that these same companies are friends of the current administration? Yes, it's an amazing coincidence, isn't it? Another funny thing is that so far, this boon has not been distributed very effectively to holders of common stock. They don't matter. It's the boys in the front office who are meant to benefit from this. Meanwhile, Exxon wants the $5B settlement reduced for the Alaska spill. Pigs. This whole thing stinks from the head down. You really really miss the old days of political mud-throwing in this NG, don't you? Old days? It was just yesterday for me. AFAIC the group has been dumbed down, a perfect reflection of our society. I'm guessing the savings rate on brain cells and good ideas is, like savings, at a historical low. Fear factor, Baywatch and cigarettes are our major exports now. DSK jps jps, how is the lack of antagonistic, vile, name-calling a 'dumbing down' of the group? Is an ability to hurl insults a sign of intellectual prowess? Why not go over to a.politics and post all the political rhetoric your heart desires? -- 'Til next time, John H ****************************************** ***** Have a Spectacular Day! ***** ****************************************** JPS called no 0one who posts here a name. In fact, your post was offensive, not his. Why are you working so hard at being a usenet traffic cop? Harry, I didn't accuse jps of name-calling or anything else. I questioned his use of the phrase 'dumbed down' with regard to the people/posts in the group. Is that question what you refer to as 'netcopping'? Do you feel 'dumbed down'? -- 'Til next time, John H ****************************************** ***** Have a Spectacular Day! ***** ****************************************** |
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On Mon, 30 Jan 2006 12:03:17 -0800, jps wrote:
In article , jherring1 says... jps, how is the lack of antagonistic, vile, name-calling a 'dumbing down' of the group? Is an ability to hurl insults a sign of intellectual prowess? Nice spin. The existence of antagonistic, vile, name-calling is consistent with the behavior of this country's leadership. Sabre-rattling, ill-informed, non-intellectual, Rambo-style rhetoric (not to mention outright lying) is all the rage, or haven't you been listening to your President and his minions? Exxon, Chevron and Halliburton are having historically profitable years. Doe's this touch your brain at all? jps answered in a.politics. -- 'Til next time, John H ****************************************** ***** Have a Spectacular Day! ***** ****************************************** |
Affording Fuel
NOYB wrote:
"Wayne.B" wrote in message ... On Mon, 30 Jan 2006 13:45:46 -0500, DSK wrote: Forgot to add, all the boats that have this 'best mileage at higher speed' characteristic are all *light* and beamy. A deep-vee hull is very rarely (if ever... I'm tempted to say never) going to achieve this. So there's a choice, lose the fillings from your teeth (NOYBY will be happy to put them back), or lose your money. Personally I'll take the deep-V thank you. I will personally replace, without charge, any fillings that come loose as the result of a bone-jarring boat ride.* *PWC's excluded I'm gonna cut out and save this 'coupon'. |
Affording Fuel
jps wrote: Old days? It was just yesterday for me. AFAIC the group has been dumbed down, a perfect reflection of our society. I guess that if the rec.boats NG becomes a place where people go to discuss boats and boating, rather than engage in political arguments, that makes it somehow "dumb"? I would imagine that if you tried to hold boating discussions on either the "Liberals are trying to destroy our Christian country" group or "Conservatives are robbing the poor to enhance the rich" group, that would be dazzlingly brilliant? Phuk politics. Trying to differentiate between one gang of thieves (Rs) and another (Ds) is wearisome. Boating is supposed to be about recreation, and that would include civil social interaction among people who may not agree on everything politically. You and I may agree on a lot of political principles, but within the last several months I have reached an opinion that no political principles are well served when they are used as a wedge to screw up and disrupt groups brought together for other purposes. I could be wrong. Certainly if the majority of the newsgorup wants to continue the political bitchiness and flame throwing it is more than welcome to- the only difference is that I won't be participating in those activities. I suffer no delusion that it's up to me to determine the direction of the NG, but as you have expressed your opinion that the group without political strife is "dumbed down," I have expressed my counter perspective as well. Have a pleasant day. |
Affording Fuel
"Don White" wrote in message ... NOYB wrote: "Wayne.B" wrote in message ... On Mon, 30 Jan 2006 13:45:46 -0500, DSK wrote: Forgot to add, all the boats that have this 'best mileage at higher speed' characteristic are all *light* and beamy. A deep-vee hull is very rarely (if ever... I'm tempted to say never) going to achieve this. So there's a choice, lose the fillings from your teeth (NOYBY will be happy to put them back), or lose your money. Personally I'll take the deep-V thank you. I will personally replace, without charge, any fillings that come loose as the result of a bone-jarring boat ride.* *PWC's excluded I'm gonna cut out and save this 'coupon'. Damn. Should have added the Canadian exclusion clause. ;-) |
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On Mon, 30 Jan 2006 20:54:07 GMT, "NOYB" wrote:
"Don White" wrote in message ... NOYB wrote: "Wayne.B" wrote in message ... On Mon, 30 Jan 2006 13:45:46 -0500, DSK wrote: Forgot to add, all the boats that have this 'best mileage at higher speed' characteristic are all *light* and beamy. A deep-vee hull is very rarely (if ever... I'm tempted to say never) going to achieve this. So there's a choice, lose the fillings from your teeth (NOYBY will be happy to put them back), or lose your money. Personally I'll take the deep-V thank you. I will personally replace, without charge, any fillings that come loose as the result of a bone-jarring boat ride.* *PWC's excluded I'm gonna cut out and save this 'coupon'. Damn. Should have added the Canadian exclusion clause. ;-) Now if you made it a fishing trip, I might be tempted to hit some rough water! -- 'Til next time, John H ****************************************** ***** Have a Spectacular Day! ***** ****************************************** |
Affording Fuel
"Shortwave Sportfishing" wrote in message ... On Mon, 30 Jan 2006 12:03:17 -0800, jps wrote: Exxon, Chevron and Halliburton are having historically profitable years. Doe's this touch your brain at all? i know my portfolio has done quite well in the oil sector. You cannot deny them a profit, but it is obvious the oil company's are fleecing us. |
Affording Fuel
" JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message . .. "Shortwave Sportfishing" wrote in message ... On Mon, 30 Jan 2006 12:03:17 -0800, jps wrote: Exxon, Chevron and Halliburton are having historically profitable years. Doe's this touch your brain at all? i know my portfolio has done quite well in the oil sector. You cannot deny them a profit, but it is obvious the oil company's are fleecing us. What's really interesting is that the price of gasoline has also skyrocketed in Iraq. It's putting a hurtin' on the same kinds of businesses that it affects here. I think the problem is the distance it has to be shipped. Almost a few hours. Sort of. |
Affording Fuel
"Shortwave Sportfishing" wrote in message ... On Mon, 30 Jan 2006 16:32:18 -0500, " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote: "Shortwave Sportfishing" wrote in message . .. On Mon, 30 Jan 2006 12:03:17 -0800, jps wrote: Exxon, Chevron and Halliburton are having historically profitable years. Doe's this touch your brain at all? i know my portfolio has done quite well in the oil sector. You cannot deny them a profit, but it is obvious the oil company's are fleecing us. so? charging what the market will take is a time honored capitalist tradition. and until they come up with another source of energy, thats what 'cha got. Not acceptable when the commodity is the blood that keeps our country alive. |
Affording Fuel
"Doug Kanter" wrote in message ... " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message . .. "Shortwave Sportfishing" wrote in message ... On Mon, 30 Jan 2006 12:03:17 -0800, jps wrote: Exxon, Chevron and Halliburton are having historically profitable years. Doe's this touch your brain at all? i know my portfolio has done quite well in the oil sector. You cannot deny them a profit, but it is obvious the oil company's are fleecing us. What's really interesting is that the price of gasoline has also skyrocketed in Iraq. What's it up to now? Two dimes per gallon? |
Affording Fuel
"Tamaroak" wrote in message . .. More people are living in cardboard boxes in this country than ever and these fat cats are making more and paying less taxes than ever. And we are STILL cutting taxes while the deficit skyrockets. How can these people call themselves conservative? The deficit fell from '04 to '05...and its expected to continue to fall through at least '09. |
Affording Fuel
"NOYB" wrote in message ink.net... "Doug Kanter" wrote in message ... " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message . .. "Shortwave Sportfishing" wrote in message ... On Mon, 30 Jan 2006 12:03:17 -0800, jps wrote: Exxon, Chevron and Halliburton are having historically profitable years. Doe's this touch your brain at all? i know my portfolio has done quite well in the oil sector. You cannot deny them a profit, but it is obvious the oil company's are fleecing us. What's really interesting is that the price of gasoline has also skyrocketed in Iraq. What's it up to now? Two dimes per gallon? If you think about it (and I know that can be a challenge), you'll realize that the absolute price doesn't matter, considering the circumstances. |
Affording Fuel
NOYB wrote:
"Don White" wrote in message ... NOYB wrote: "Wayne.B" wrote in message ... On Mon, 30 Jan 2006 13:45:46 -0500, DSK wrote: Forgot to add, all the boats that have this 'best mileage at higher speed' characteristic are all *light* and beamy. A deep-vee hull is very rarely (if ever... I'm tempted to say never) going to achieve this. So there's a choice, lose the fillings from your teeth (NOYBY will be happy to put them back), or lose your money. Personally I'll take the deep-V thank you. I will personally replace, without charge, any fillings that come loose as the result of a bone-jarring boat ride.* *PWC's excluded I'm gonna cut out and save this 'coupon'. Damn. Should have added the Canadian exclusion clause. ;-) Too late! I want to try that new white 'composite' filling material you use. I'm tired of the silver/mercury amalgam stuff. |
Affording Fuel
its called capital markets...
oil is "seeking" its price....once it hits a certain point... demand wil drop off...so far, america (and other countries) are demanding oil at any priice...$100 per brl may slow it down... $200 i would think for sure...that would be arouns $10 per us gallon reatil, I would guess.....not a pretty sight... |
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"Fred Dehl" wrote in message ... " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in : You cannot deny them a profit, but it is obvious the oil company's are fleecing us. Knight-Ridder has a higher profit margin than Exxon-Mobil. Is "Big Media" fleecing us too? And if so, where are your protestations against them? Big Media is not a commodity that drives our production and economy. I could give a rats ass what their profits are. The entire US can live without newspapers as they can get their news from the net, TV or radio. The US cannot live without oil and gasoline. |
Affording Fuel
"Harry Krause" wrote in message ... Fred Dehl wrote: jps wrote in : I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. Exxon's profit margin (net income divided by revenue) is 8.4%: http://finance.yahoo.com/q/is?s=XOM&annual Knight-Ridder's profit margin is 10.8%: http://finance.yahoo.com/q/is?s=KRI&annual Where is your rant against The Obscene Profits Of Big Media? More than most corporations, energy producers, especially oil companies, have interesting ways to cook the books. Their profits are much, much higher. And folks can choose to stop buying newspapers. Not true of gasoline. |
Affording Fuel
"jps" wrote in message ... I'd rather see investment in alternative energy research than finding another way to wring out profits in a short-term, quarter to quarter profit strategy. jps Unfortunately, that's their job. The driver is the shareholders. The shareholders want a return - the bigger the better. The shareholders are people like you and me and millions of other easy money speculators. RCE |
Affording Fuel
"Fred Dehl" wrote in message ... jps wrote in : I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. Exxon's profit margin (net income divided by revenue) is 8.4%: http://finance.yahoo.com/q/is?s=XOM&annual Knight-Ridder's profit margin is 10.8%: http://finance.yahoo.com/q/is?s=KRI&annual Where is your rant against The Obscene Profits Of Big Media? A 10.8% profit is obscene? How about 27% for Exxon Mobil (this following a 75% increase in 2005 3rd quarter) and 51% for ConocoPhillips? Got gas? |
Affording Fuel
"Fred Dehl" wrote in message ... " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in : "Fred Dehl" wrote in message ... jps wrote in : I've had one hell of a time justifying the expense of fuel and, consequently, over the last year our boat has been out very little. Now I come to find that Exxon, Chevron and Halliburton have made more money this past year than at any time in history and our rate of savings hasn't been this low since 1933. Exxon's profit margin (net income divided by revenue) is 8.4%: http://finance.yahoo.com/q/is?s=XOM&annual Knight-Ridder's profit margin is 10.8%: http://finance.yahoo.com/q/is?s=KRI&annual Where is your rant against The Obscene Profits Of Big Media? A 10.8% profit is obscene? How about 27% for Exxon Mobil (this following a 75% increase in 2005 3rd quarter) and 51% for ConocoPhillips? Illiterate asshole, See ya..............PLONK |
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More people are living in cardboard boxes in this country than ever and
these fat cats are making more and paying less taxes than ever. And we are STILL cutting taxes while the deficit skyrockets. How can these people call themselves conservative? Capt. Jeff |
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"Don White" wrote in message ... NOYB wrote: "Don White" wrote in message ... NOYB wrote: "Wayne.B" wrote in message m... On Mon, 30 Jan 2006 13:45:46 -0500, DSK wrote: Forgot to add, all the boats that have this 'best mileage at higher speed' characteristic are all *light* and beamy. A deep-vee hull is very rarely (if ever... I'm tempted to say never) going to achieve this. So there's a choice, lose the fillings from your teeth (NOYBY will be happy to put them back), or lose your money. Personally I'll take the deep-V thank you. I will personally replace, without charge, any fillings that come loose as the result of a bone-jarring boat ride.* *PWC's excluded I'm gonna cut out and save this 'coupon'. Damn. Should have added the Canadian exclusion clause. ;-) Too late! I want to try that new white 'composite' filling material you use. I'm tired of the silver/mercury amalgam stuff. New? It's been around for two decades. But it is tons better today than that handmixed stuff from back then. |
Affording Fuel
"Doug Kanter" wrote in message ... "NOYB" wrote in message ink.net... "Doug Kanter" wrote in message ... " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message . .. "Shortwave Sportfishing" wrote in message ... On Mon, 30 Jan 2006 12:03:17 -0800, jps wrote: Exxon, Chevron and Halliburton are having historically profitable years. Doe's this touch your brain at all? i know my portfolio has done quite well in the oil sector. You cannot deny them a profit, but it is obvious the oil company's are fleecing us. What's really interesting is that the price of gasoline has also skyrocketed in Iraq. What's it up to now? Two dimes per gallon? If you think about it (and I know that can be a challenge), you'll realize that the absolute price doesn't matter, considering the circumstances. I don't know the exact percentage, but the majority of Iraqi provinces are peaceful places that are eager to join the modern civilized world. They're unaffected by the daily violence that occurs mainly in the Sunni triangle. Those folks are paying 40 cents per gallon for the same gasoline that costs us $3/gallon. So what do they have to whine about? |
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