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![]() JohnH wrote: On 9 May 2006 08:31:23 -0700, " wrote: JohnH wrote: Chuck, who was President when all the oil companies consolidated and all the refineries were closed? Wow! That's the very first time that anybody ever suggested that the President of the United States is in charge of operating or closing oil refineries. While I'm researching the identity of th POTUS in 1995, maybe you could get together a list of new applications to build oil refineries that have been presented since the year 2000. If the previous POTUS was responsible for the shutting down of oil refineries, I'm sure there must have been a backlog of demand to build new facilities after he finished his final term. Please read the senate report that I linked in my reply to RCE or follow the links provided by Thunder. You will see that refineries have been closed following analysis by the Petroleum Institute and other organizations that demonstrated to the oil companies they could actually earn more money (in fact, a *lot* more money) by choking off the supply of refined products to the US market. The party affiliation of the POTUS has nothing to do with it. I wonder who is president right now? (when lower income families and middle class families with long commutes are raiding savings accounts, scrimping on food and clothing, abandoning travel plans, and making other sacrifices while the oil companies rack up record-breaking profits and oil company executives are collecting $98mm annual *bonuses*) Doesn't really mater who the president is right now- he doesn't set the standard for rapacious profiteering by the oil companies any more than the previous president did. My advice would be to avoid getting manipulated by people with a vested interest in distracting the majority of the public from our current energy problem. The most effective way to distract enough people so that the artificially manipulated market won't get the scrutiny it deserves is to get the radio rabble rousers from both sides to convince their followers that it is somehow the fault of the opposing political philosophy or party. Keeping the people fighting among themselves is an important step toward political and social domination. It is a lack of free enterprise, lack of effective competition, and a willingness to manipulate supply that is responsible for that $500 charge to fill up your boat- not the D's, the R's, the reds, the blues, the liberals, or the conservatives. Not the current POTUS, and not the previous, either. Chuck, when did the great consolidation of oil companies occur, and who approved it? Please read the senate report or follow thunder's link. Thanks |
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