Date: Sun, 29 Jun 2003 15:59:49 GMT From: 'nuther Bob <<nonenopsam.com>> Subject: Re: Why aren't gas prices dropping?
On Sun, 29 Jun 2003 10:49:27 +0200, "MH" <nomailnopsamhere.no> wrote: >> I think politicians are pretty cheap - if our Governor Grey Davis is an >> example - a few kilo-bucks is all that would be required! :-P > >The higher up the more they require. Your president takes most. I disagree a bit this issue. The oil companies don't have to buy anyone to continue to do "free trade" with oil. I don't like high prices either but it is an unregulated market. They do buy off some pol's in order to gain tax advantages and that kind of burns me. I always hear that they need "tax incentives" to encourage exploration for more oil. Yeah, right... like they needed an incentive to go find the one raw material that is the source of all their products. They also claim that US oil is cheaper than imported oil and that they should be encouraged to explore for it. Well, if it was cheaper, they wouldn't need any encouragement, now would they ? They'd pump it because they could make more money on it vs. importing oil. It only comes out cheaper because we give them fat tax breaks - in other words, the taxpayers pay up front so that the oil companies can pump oil cheaper and make more profit. Such a deal ! The US President and 90% of his Admin are oil people - taken straight from the oil industry. They don't need to be persuaded to favor oil companies either. Bob