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04-13-2002, 11:50 PM
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#7 |
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Registered Member
Join Date: May 1999
Posts: 5,246
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Well, there is a HUGE problem with having the 2 largest oil companies in the US merge. The Exxon-Mobil merger has hurt American's at the pump significantly. Price gouging is VERY real, and the oil companies recorded record profits all last year with their new found power over gas prices.
Regardless, Venezuela has just had a coup, and oil prices dropped sharply with the announcement the country will now be controlled by more American friendly leaders. Russia is eager to get it's oil production up, and neither Russia or Venezuela gives a crap about OPEC. This crap about winter/summer gas has got to quit, and the American people need a serious representative looking out for them when it comes to prices at the pump. They used to have competition. Now they don't. I expect some of the same problems in the computer industry as well. Now that the HP/Compaq merger looks to be in the final stages. What a horrible, horrible decision by the US government. |
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