Quote Originally Posted by GeoFisher View Post
Show me ONE that posted 500 billion in profits in 1 quarter........just ONE.

Your numbers are inflated by about 100 fold, but I guess posting crap is better than posting facts.......

Here are some facts for ya.....

http://www.politifact.com/virginia/s...mpanies-raked/

AND who gives a rip if you don't believe the 20 - 28 cents profit/gallon.....READ their yearly earnings reports......they TOO are public record.

Later,

Geo
Sorry, typo should be 5 billion. Still a lot of moola.

Anyway the point is that gouging is occurring. Big oil has no conscience. It you remove the tax, oil companies will rasie the price to the level it was at with the tax. Why? because this is what people will pay.

My father used to tell me Business has no Conscience. When you think about it it is true. Donald Trump does not file bankrupcy, his business does.
Heck I just work here
I'm sorry it's just business.
The whole idea of corporation is to remove personal responsibility from actions.
Limited liability company, ever heared that.

Now there are also very very good reasons for corporations. Who would risk all on a venture without some degree protection. Inovation would be stiffled without them.

Sad but true. Government is the conscence of business. Without some regulations and limits we would be in deep stuff from the bottom end.


Last point. We do not need to reduce our dependancy on foreign oil. We need to reduce dependancy on oil period. Saudi oil is the same price as Texas or Tennessee oil. Convert my car to hydrogen, alcohol or any renewable source. In the mean time lets just make a start reducing the dependance on oil.