Don't cry Big Oil....

Discussion in 'Congress' started by Chris, Aug 3, 2008.

  1. Chris
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    Chris Gold Member

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    The Republicans latest big lie is that we have high oil prices because the Dems won't let Big Oil drill or build new refineries. Poor Exxon, they will only make $100 billion dollars profit this year. They don't have any money to invest in refineries or drilling. No money to invest in alternative energy either. Poor Big Oil! They are the victims of high oil prices, not the bad guys.

    Ahhh, there, there, Big Oil........don't cry......

    Grampa McCain will soon be elected and everything will be alright.
     
  2. dilloduck
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    dilloduck Diamond Member

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    Now I'm convinced you're loony. The isnt' a single person I know of that feels sorry for the oil companies. They have plenty of money to build refineries, just no incentive and no desire to continue to battle the mountains of regulation. You think it would be patriotic or something for them to invest at this in the companies of probable competitors ?
     
  3. Chris
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    Chris Gold Member

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    Big Oil has been buying up refineries and SHUTTING THEM DOWN. Regulation has nothing to do with it.


    Today, the North County Times quoted an oil industry lobbyists as saying:

    "California's gasoline demand has gone up "50 percent in the last 20 years," while the number of refineries in the state dropped from 32 to 14. "With our supply and demand so finely balanced, it doesn't take very much to see pretty dramatic changes in pricing,"

    This statement, by Mr. Tupper Hull of of the powerful oil lobbying group, WiSPA, the Western States Petroleum Association, is extremely deceptive. Yes, California has fewer refineries, but it is because the oil industry has aggressively shut them down and consolidated its operations. Fewer refineries mean less competition. The result is a dysfunctional market where seven refining operations control 91.5% of the gasoline sold in the state. This is too much gasoline in the hands of too few companies.

    Gouging by gas refineries costs consumers an extra 50¢ a gallon | UCAN
     
  4. Gunny
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    Gunny Gold Member

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    Please provide a source for your accusation that "Republicans" say we have high oil prices because the Dems won't let oil corporations drill.

    I'm not on the side of either. Neither am I on the side of baseless accusations by leftwingnuts.

    The issue is a whole lot more complicated than your Republican bashing with enough blame to go around equally on ALL sides.
     
  5. Chris
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    Chris Gold Member

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    Nice post. I am all for drilling and building refineries, but the oil companies influence on our political system is deep and pervasive and mostly Republican. OpenSecrets is the best website. Check it out.....

    Oil & Gas: Long-Term Contribution Trends | OpenSecrets
     
  6. dilloduck
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    dilloduck Diamond Member

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    Why do they have to pay Republicans so much more for influence ? Maybe they can get it cheaper from Democrats ? Your graph doesn't tell the whole story.
     
  7. Chris
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    Chris Gold Member

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    Funny post.

    Maybe Republicans are more expensive. You know, all those club memberships and stuff.
     
  8. dilloduck
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    dilloduck Diamond Member

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    And you're proud Democrats will do anything for a buck ? :lol:
     
  9. Chris
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    Chris Gold Member

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    Yea, those whores....
     
  10. Charles_Main
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    Charles_Main AR15 Owner

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    Are you an Idiot or just a total partisan hack Kirk?

    The Dems and their Enviro buddies have consistantly blocked more drilling and More Refineries, and you are going to try and blame big Oil?

    UNBELIEVABLE!!!!
     

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