Jeremy
TRANSFER!!!
- Jun 11, 2010
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Part of the master plan.
Yup. Everyone knows that commodoties traders are in the pocket of the oil companies and are part of the vast conspiracy to manipulate profits.
Maybe it's time this thread is moved to conspiracy theories...
By the way. the REAL profiteer (and reason for high prices) of oil and gas is the government...
TaxProf Blog: Gas Taxes Exceed Oil Companies' Profits
F]ederal and state taxes on gasoline production and imports have been climbing steadily since the late 1970s and now total roughly $58.4 billion. Due in part to substantial hikes in the federal gasoline excise tax in 1983, 1990, and 1993, annual tax revenues have continued to grow. Since 1977, governments collected more than $1.34 trillion, after adjusting for inflation, in gasoline tax revenuesmore than twice the amount of domestic profits earned by major U.S. oil companies during the same period:
Its comforting to know the used $6 million/yr to research oil spill control.
I guess BP spent too much time cozying up & donating $ to the dems and lobbying for Crap and Tax to care about an oil spill of this magnitude. I suppose as the "green" oil company they advertised themselves as before the disaster they didn't think it could happen to them.