- Joined
- 31 Mar 2002
- Messages
- 18,474
The problem is that the oil companies are buying crude oil at prices per barrel that haven't been this cheap in decades. Remember this is value now as to value then. Now this was written in a few newspapers back a few months ago when the prices climbed like they are now. It was also written that these same oil companies where not, I repeat not passing on the savings to the consumer. Now the price for premium unleaded gasoline here in San Francisco has hit damn near $3.50 per gallon. Taxes do go to the upkeep of the roads but only a small amount. Now if the oil companies would stop giving their board of directors a raise every god damn time they felt the urge then maybe we would have realistic prices. But the top brass needs that extra million or two per year raise to stay in that life style they have grown accustumed to. Or that retiring VP of public relations (aka bullshiit artist) needs that 5 million dollar retirement bonus (why not give him/her that shiity cheap gold watch like every other hard working person gets).
Plus it's funny that all these oil companies get the exact same gas through the pipeline. I forget the name of it (the pipeline) atm. Once they get it they add their signatur additives. Then it is redistributed to their dealerships/gas stations in tanker trucks. Bottom line is all these oil companies have been paying cheaper prices on a barrel of crude for a bit now and they have yet to pass the savings to us, the consumer. And I don't care if you drive a hybrid or a frickin 5 miles to the gallon monster, $3.50 a gallon is still $3.50 a gallon.
Just look at what happened here in California when we had the so called "Energy Crisis". All those gas companies that just gouged California with rediculously high prices for natural gas. The state got reamed.
Companies that have so much power and control over a necessity such as gasoline or natural gas can and do make up shortages and such then they pad their pockets with our dollars. They have reserves of crude oil but they purposely have a high barrel amount to this stockpile. And they won't touch this reserve unless oil flow dipped below some rediculously low level. So as to say that only if in deed there was to be a catastrophic lose of oil supply then they would dip into the reserves. But they could inject a fairly large amount of crude into the market easily. Bring down prices dramatically and still have more than enough reserve if anything really bad happened to oil flow. But they won't, they sit on their stockpile and who gives a shiit about us. Do you see any of these oil company execs driving around in a hybrid? Hell no, they are all tooling around in town cars. Back 'n forth to their golf games, meetings with lobbyists, legislators or other public and government officials. They could care less about the price of gas. They have all the gas.
Plus it's funny that all these oil companies get the exact same gas through the pipeline. I forget the name of it (the pipeline) atm. Once they get it they add their signatur additives. Then it is redistributed to their dealerships/gas stations in tanker trucks. Bottom line is all these oil companies have been paying cheaper prices on a barrel of crude for a bit now and they have yet to pass the savings to us, the consumer. And I don't care if you drive a hybrid or a frickin 5 miles to the gallon monster, $3.50 a gallon is still $3.50 a gallon.
Just look at what happened here in California when we had the so called "Energy Crisis". All those gas companies that just gouged California with rediculously high prices for natural gas. The state got reamed.
Companies that have so much power and control over a necessity such as gasoline or natural gas can and do make up shortages and such then they pad their pockets with our dollars. They have reserves of crude oil but they purposely have a high barrel amount to this stockpile. And they won't touch this reserve unless oil flow dipped below some rediculously low level. So as to say that only if in deed there was to be a catastrophic lose of oil supply then they would dip into the reserves. But they could inject a fairly large amount of crude into the market easily. Bring down prices dramatically and still have more than enough reserve if anything really bad happened to oil flow. But they won't, they sit on their stockpile and who gives a shiit about us. Do you see any of these oil company execs driving around in a hybrid? Hell no, they are all tooling around in town cars. Back 'n forth to their golf games, meetings with lobbyists, legislators or other public and government officials. They could care less about the price of gas. They have all the gas.
:laugh:
