The excuses keep coming for the high gas prices . . . so do the profits

[bigtree]

Exxon Mobil reported increased quarterly profits Thursday . . .

The company said it earned $8.4 billion, or $1.37 per share, in the first quarter of 2006.
http://money.cnn.com/2006/04/27/news/companies/exxon/index.htm
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ConocoPhillips boasts big profits

Citing high crude prices, oil firm says earnings reach $3.29 billion in first-quarter
http://money.cnn.com/2006/04/26/news/companies/conoco.reut/index.htm
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Marathon Oil 1Q Profit More Than Doubles

Income from exploration and production grew to $477 million from $334 million a year ago. Marathon's refining and marketing segment saw income surge to $319 million from $74 million at the same time. Revenue totaled $16.64 billion from $13.01 billion a year ago.
http://news.moneycentral.msn.com/provider/providerarticle.asp?Feed=AP&Date=20060427&ID=5675496
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. . . worries over U.S. gasoline supplies ongoing geopolitical tensions result of a quarter-century of low prices coupled with robust worldwide growth global consumption, natural disasters, and instability supply and demand, on politics, on the quality of the product, the season, it depends on the weather result of the market's natural fluctuations when supply is limited and demand is not reduced, the consequence is higher prices obstructed the passage of an energy bill in Congress the use of cleaner-burning gas additivesunnecessary tax breaks like the write-offs of certain geological and geophysical expenditures or the use of taxpayers' monies to subsidize energy companies' research into deep-water drilling clean air regulations people have got to understand what happens elsewhere in the world affects the price of gasoline you pay here shortage of refinery capacity in the United States, and also on an ongoing shift in fuel additives and mixes . . .

[madokie]

1. absurded

the gov wants to give me back 100 bucks, now thats real absurd. do they not get it?

[PATRICK]

5. 100 dollars

of your own money will be loaned back to at ruinous interest and take away from government services to you on the whole. Most of that money will be a drop in the tank as it cycles into the bigger chunk of personal income going to oil companies and other terrorists.

Then of course Bush could not restrain his pleasurable enthusiasm for having an excuse to poison the air we breathe to enable these profits to keep rolling in.

"Money for us and death for all" could be the universal RW motto.

But you can bet after the smoke clears the only thing still unclear will be the newly deregulated air pollution. Nothing else will be done. Tax breaks to build refineries that they never did? Sure. Burn up our oil reserves? Now that is a temporary solution and temporary is what it is all about. Alternate fuels, a tax credit or windfall tax profit? A Senate investigation with sworn oil execs?

Is Al Capone singing with the angels because he saw the error of his ways and became a just man? Bush talk is all talk. You will get nothing from him or the GOP but evasions, lies and bragging about the things they never did for you. As they continue to poison, steal and murder. They produce nothing and take everything in the image and likeness of their rogue corporations.

[Mr.Green93]

2. Nationalize them

Profits to the people.

[AndyA]

3. People need to think about this next time they go shopping at Wal-Mart.

Since Wal-Mart is such a big consumer of Chinese goods, it is largely responsible for the booming economy in China. This allows more Chinese to own and operate automobiles, which require gas to operate. China's consumption of gas has grown considerably in recent years, which adds to world wide demand.

I'm not saying the Chinese aren't entitled to own automobiles, I'm just saying that Americans who shop at Wal-Mart are contributing to higher gas prices here. The money they're saving at Wal-Mart is costing them, and the rest of us who don't shop at Wal-Mart, more at the gas pump.

It's a global economy. What you do in Middletown, America has an impact everywhere else.

[The2ndWheel]

7. Unsustainaville

We need a name for this global village, that's as good as any.

[DemoTex]

4. 1Q profits are obscene .. 2Q and 3Q profits will be pornographic.

Two quarters of gas prices in the $3+ to $4+ range will blow previous corporate profit records out of the water. Fat Bastards!

[madokie]

6. I never was into porn

I like your B.S. meter. Permission please to use.

[DemoTex]

8. Permission granted.

Lordy, I've had it so long I can't remember where I got it.