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boycott has started on gas

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Old May 1, 2006 | 09:22 AM
  #21  
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Originally Posted by quicksilverado
More like the govt. Oil companies on avg make about 9 cents a gallon while spending billions on getting the gas to the public. The govt takes in an avg of 46 cents per gallon while doing nothing but passing legislation to restrict the oil companies and blaming them for gas gouging (sp).
that's very misleading... the majority of that is spent on road projects so we can safely pilot our oil thirsty machines without destoying them. The Federal Highway Administration not only builds federal highways but also provides funding for local roads through grant programs, I would rather have decent roads to drive on than to fight dirt roads or pay a toll everytime I drove on pavement (private roadway)
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Old May 1, 2006 | 09:42 AM
  #22  
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Originally Posted by Chingon
It's not the treehuggers...give me a break. There's no incentive to build new refineries. What would that do, bring the price of gas down? Now why would they want to do that? Let's see, spend several million dollars on a refinery so that we don't make as much profit on each gallon of gas. Yeah, that's a smart move.
The enviromentalists pay lobbiest to push their agenda in congress. They do not won't anymore refineries built because the are "bad for the enviroment and it will harm the children". There has not been a refinery built in almost 30 years, thanks to the tree huggers. Yet, the demand has almost doubled ih the same time period. If the oil companies built more refineries they could prduce more gas and make more money. Then all the teachers, police, fireman, etc. would have more money in their pension funds. Along with the other investors that have stock in the oil co. The oil companies are owned by the public. Its what makes America the greatest country on the planet. By the way it would cost several billion to build a new refinery. The goverment tells the oil cos where they can and cannot drill, where they can explore, how they can and cannot move the oil. And now they try to blame them for price gouging when there profit magin is in the 8-9% range. This means for every dollar they invest they get a return off 8-9 cents. Banks have a profit margin of 17%, drug cos. 18%. How come they are not rapping the public. If you spent 100,000 dollars a year and only made 8,000- 9,000 a year would you be ripping people off. Think.
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Old May 1, 2006 | 09:47 AM
  #23  
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Originally Posted by Nickvrebel
that's very misleading... the majority of that is spent on road projects so we can safely pilot our oil thirsty machines without destoying them. The Federal Highway Administration not only builds federal highways but also provides funding for local roads through grant programs, I would rather have decent roads to drive on than to fight dirt roads or pay a toll everytime I drove on pavement (private roadway)
Actually, only about 40% of the gas tax money goes to maintain roads and buid new ones. The rest goes into the general fund. The government also takes in millions on taxes imposed on trucking cos. It is common knowledge where the money goes. I'm not saying they should not tax gas. Just pointing out how the govt has no money at risk yet takes in roughly 5 time the amount off money that the oil cos. do on their product. If they pass a law that limits how much profit a co can make we are all in trouble. Where does it stop?
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Old May 1, 2006 | 09:56 AM
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Originally Posted by bud8fan
opec says they are content selling their oil at $51.00 a barrel and thats not happening....our own day traders are getting unreal bonuses keeping the price hi and the terrioristic threat tatics about what MIGHT happen if and if and if is in the mix to keeping the price spiking as well...i guess we will all get a refund if nothing never happens
they were just talking about the price spiking back up just because iran said this and iran said that...they are just playing their little game...put a bullet in that idiots head and all the rest will see the light...
Opec can go to hell. They are a big part of the problem. They say one thing and do another. If they wanted a barrel of oil to cost 51.00/barrel all they have to do is pull more out of the ground, but they refuse to do so.
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