Quote:
Originally Posted by shah269
Hold on a sec, ok the pirce of crude went up? Ok then so did the price of gas? Ok makes sense. A more expensive raw ingreadent equals a more expensive final product. That I'll buy.
But record profits? That would only jive if the price of curde were low and the price of gas were high, thus providing greater return on invested raw product.
Again, what kind of deal did these guys get from Dead Eyes Dick when they had their not so secret meeting which they do not care to talk about.
Look all I’m saying is that you elected an oil man, ok be it a filed oil man, as president with hopes that he would know what to do.
And I’m saying we gave the wolf the job of guarding the hen house.
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Here is where your logic fails you and I'll let you in on something...
They own the Crude in most cases...
Sure they have to pay governments and land owners for the "lease" or right to drill and pay portions of every ounce that they squeeze out of the ground or have to sell directly to the goverments, etc. butt OPEC doesn't Drill.