Thread: Fuel Prices
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Old 11-23-2005, 02:41 AM   #13
MEDIK418
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Join Date: Mar 1999
Location: Amarillo, Texas, USA
Posts: 780
Default Re: Fuel Prices

Amen to the market thread. As for the story about the BP blast, we're about 700 miles North of those poor folks. BP has had a terrible year or two.
I've been accused (as has most oil industry employees) of causing these high prices and the fact that we have about as much impact on gasoline prices as we do on the color of corn usually causes the old "you don't cry about bottled water and nike prices do you" response. Like I said, we know what it takes to make a gallon of gasoline and we know the market controls every aspect of the industry, from the simple act of starting a well to the the finished product.
What amazes me now is that congress is trying to pass legislation to steal a huge chunk of the profits that oil companies have realized recently. Gee, what a great way to finance the raise they voted themselves. Let's make the problem worse by limiting capital investment money that would go a long way toward finding new reserves on our side of the pond. And lets be sure to build that 20 million dollar bridge in alaska for the 200 people who live on that island.

Anyway, I made myself out a liar. . . .I said I was through with this and I think I've flogged myself enough on this one. I'll save myself for the natural gas crisis coming up in about a month. That ought to be a riot.
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