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Old 02-05-08, 04:52 AM
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CMG241 CMG241 is offline
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Join Date: Jul 2007
Location: Windham, NH
Age: 42
Posts: 1,246

Re: Why is there no big deal about this?


Quote:
Originally Posted by richw View Post
isn't their net profit only like 10% ?

with the higher gas price your govnment is getting 3 times the money out of you ?

Isn't the EPA and the friends preventing any growth in supply ?

The oil company gets you to work the government is trying to put all manufacturers out of business, so who is really your enemy?
couple things, the EPA will let a refinery be built but not without strict safeguards - more importantly if you owned an oil company and were faced with spending a Billion+ dollars to build a new one resulting in lower demand = fewer profit dollars what would you do unless coerced? yup, blame the EPA.
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