Gouged

Posted: January 30, 2009 in Uncategorized

If we need anymore proof that the oil industry is bending us over, here it is:
http://money.cnn.com/2009/01/30/news/companies/exxon_earnings/index.htm?cnn=yes.

It’s funny…in a time when our economy is totally in the tank, and when people are being laid off by the thousands, the oil companies still seem to make obscene amounts of money. I can’t help but think that they are part of the reason we are in this position. By raising our gas prices and gouging everyone at the tank, they have negatively impacted the profits of hundreds upon hundreds of companies, not to mention everyday citizens like you and me. So instead of spending money on other things, we are spending our money on gas.

They (the oil companies) know we depend on gas to get around, so they figure they can stick it to us. I would have no problem with this if oil companies were struggling for profits but, as you can see by the story, they are not. I’m sure that it is more complicated than that, but to the average citizen, perception is reality. I can guarantee you I won’t be the only one today to perceive the oil companies as uncaring machines of greed.

Further, I find it funny that the oil companies have been complaining for the past year that they will have to freeze oil exploration because they don’t have the money. Really? Well, it sure looks like you have the money to me. Why don’t you just say that you don’t want to find any more oil because then you really couldn’t blame the high prices on demand. Now that GW is out of office, how long do you think it will take for Obama to get wise to this little charade? I wonder if oil execs are worried because they no longer have an “oil man” in the White House.

Sigh. I hope I am alive 50 years from now to see the downfall of the oil industry. Because, my friends, it will be coming; we can’t keep pumping oil forever.

The use of solar energy has not opened up because the oil industry does not own the sun.
–Ralph Nader

jbr

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