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Gas Prices: Who is to Blame? Readers Speak Out

Homeland Drilling

Institutional Review Specialist
Education Department
Wed Jun 11, 2008 8:58 AM

Post Reply

While I agree that the feds should allow drilling in the US so as to limit our reliance on foreign oil, is it possible that even this may not lower the prices? With all the rules, regulations, insurance, etc., etc., etc. that we have to deal with in the US, wouldn't it cost us just as much to drill at home as it does to drill elsewhere and import it? Don't get me wrong...drilling at home is much, much better than relying on other countries, and I think we should be drilling here, but I don't think it's the cost solution that some think it would be.

Re: Homeland Drilling

Aviation Safety Inspector
FAA
Wed Jun 11, 2008 10:38 AM
The only person to blame for high gasoline prices is the consumer. It is the consumer that sets the price when they elect to pay what the vendor is asking. Look in a mirror and you, me, and every other sucker with out the courage to say "no" who is to blame.

US companies who import Middle Eastern oil

Resource Tech
USDA FS
Wed Jun 11, 2008 9:02 AM

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These companies import Middle Eastern oil:
Shell........................... 205,742,000 barrels
Chevron/Texaco......... 144,332,000 barrels
Exxon /Mobil............... 130,082,000 barrels
Marathon/Speedway... 117,740,000 barrels
Amoco............................62,231,000 barrels

Here are some large companies that do not import Middle Eastern oil:
Sunoco..................0 barrels
Conoco..................0 barrels
Sinclair................0 barrels
BP/Phillips............0 barrels
Hess.......................0 barrels
ARC0....................0 barrels

It's not hard to make the right choice where to purchase.
Slow down to 55 voluntarily and perhaps we can avoid gas rationing, too.

Re: US companies who import Middle Eastern oil

Project Manager
DoD
Wed Jun 11, 2008 2:34 PM
Is something wrong here? I see BP/Amoco not BP/Phillips. Also, didn't Sinclair Oil go the was of the dinosaurs years ago. I haven't seen a Sinclair sign since my childhood and that has been "many moons" ago.

Re: US companies who import Middle Eastern oil

Fin Sys Spec
DFAS
Wed Jun 11, 2008 3:17 PM
If what all of you are saying is true, then why aren't gas prices cheaper at BP, ARCO, Sunoco etc. It is because big business is gouging the American People while Congress is giving them tax break after tax break. I say tell Congress now and in November to stop giving big business tax breaks on the backs of the lowly american taxpayer

Who is to blame

Auditor
AF Audit Agency
Wed Jun 11, 2008 9:05 AM

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Let's not forget it was Clinton who vetoed a bill to allow drilling in Alaska. There are alot of people blaming the current administration. Take your blinders off! It is the democrats and environmentalists who are leading the pack to raise your gas prices.

Re: Who is to blame

everyman
dod
Wed Jun 11, 2008 10:56 AM
Let's not forget that the oil drilled in Alaska now does not stay in the US!!

Re: Who is to blame

employee
VHA
Wed Jun 11, 2008 3:11 PM
More oil is not the answer. Drilling is not the end all solution. Finding a sustainable energy source is necessary--a must. It is not the president, the democrates, or the republicans, liberals or conservatives. It is the American People. We are in total denial.

Scared

Assistant Director
US DOL/VETS
Wed Jun 11, 2008 9:08 AM

Post Reply

Traveling 45 miles each way to work is a necessity as there are no means of public transportation. President Bush is filling his pockets with green before he leaves office. Tell me this isn't white collar crime.

Re: Scared

Accountant
Federal Agency
Wed Jun 11, 2008 10:24 AM
OK - "this isn't white collar crime."

Re: Scared

Soil Conservationist
USDA
Wed Jun 11, 2008 2:35 PM
Get real. Yeah, and there are little green people on Mars too. Conspiracy theories like this are not in the world of reality.

Re: Scared

admin asst
DOD
Wed Jun 11, 2008 8:31 PM
Assistant Director, that's an entertaining accusation, you can't back it up though because you're wrong.

Recent surge in gas prices

Program Management
FAA
Wed Jun 11, 2008 9:10 AM

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I believe Wall Street is the problem for the latest surge. Investors are driving up the price by buying up the oil and then stockpiling it.

Gas price comment

Supervisor
DOD
Wed Jun 11, 2008 9:10 AM

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I wonder why people are so angry with the oil companies for taking a 4% profit off a gallon of gasoline when the government makes 15% profit. And the oil companies can't find a place to build new refineries or drill for oil thanks to the environmentalists - no wonder they are showing record profits - they can't do anything with it but save it. And no I have no stocks in the oil companies. That is just logic - yes they could put that money to use with alternative energies but they have no incentive to do so at this time. Who is taking the 15% and still wants more - Congress and Obama. Obama wants the government to rake in more money by raising our personal taxes, taxes on dividends and everything else. This policy will become a black hole that will consume our country.

Re: Gas price comment

Engineer
USDA
Thu Jun 12, 2008 10:07 AM
That silly comment showcases your ignorance. Environmentalists won't allow them to drill more when they don't drill on the millions of acres they are already allowed to drill on! C'mon, stop drinking the oilman koolaid. It is just logic to understand that amidst record profits what reason is there to do anything different. The oilmen in the executive and legislative branches prevent any meaningful changes that would hint at the possibility of using less oil. The "we need to drill in ANWR and you won't let us" argument is phony and nothing more than a diversionary tactic to prevent or delay change. And the Obama thing....WTF?

Re: Gas price comment

Hammer
Telecom
Fri Jul 11, 2008 9:55 AM
Engineer, that silly comment showcases YOUR ignorance. The reason the oil companies don't drill on lands they already lease is because there is either no oil or it not economical to recover. That argument is straight from the Democrat talking points along with their "we can't drill our way out of this problem". The oil companies make 4% profit on what they sell. The beer companies make 12% on what they sell. Why don't we put a windfall profits tax on the beer companies? We can't drink our way out of this problem. The libs don't want us to use oil, "it makes us sick". We can't use coal because, "it makes us sick". We can't use nuclear because we have no place to put the waste. (Check the facts and you will find that all the nuclear waste that mankind has produced in history would fit into a football stadium). We cannot reprocess the nuclear waste like France does because it is illegal in this country. Go figure. We could probably set up wind mills on Capitol Hill.

Democrats are to blame - that's who!

Robert
VA
Wed Jun 11, 2008 9:11 AM

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The Democrats in Congress are entirely responsible. They and their supporters have severely limited energy choices and possibilities. Their support for ethanol and opposition to cleaner coal, nuclear, and additional oil exploration will haunt this nation for decades to come and possibly lead to a depression at worst and a significant decline in Armerica's business stature at best. Since the 2006 elections in which the liberals took control of the House and Senate - gas prices have doubled. Additionally the economy has significantly worsened and unemployment increased. They did get their minimum wage increase though. Throw these bums out before they ruin us all.

Re: Democrats are to blame - that's who!

Project Manager
DoD
Wed Jun 11, 2008 2:41 PM
Answer me this. What did the Repubicans do the had eigth (8) year of unrestricted authority to deal with the Oil sititutation. The Pres, the House, The Senate and the Supreme Court. Now tell me what did the do for this oil issue?

Re: Democrats are to blame - that's who!

admin asst
DOD
Wed Jun 11, 2008 8:37 PM
Project Manager, nobody has had unrestricted authority for the past 8 years. If they did they would have total control over global demand (which is obviously not feasible), they would have had total control over speculative investment (again, not feasible), total control over powerful lobbying organizations who force us to import more oil by preventing new domestic exploration (again.. not feasible) among other things.
The basic premise of your position is not valid.
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