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Location: Moose Jaw, in between the Moose's butt and nose.
5,152 posts, read 8,529,163 times
Reputation: 2038
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Like most Americans, I'm not as well off $, as I was last summer, thanks, in part to gas prices....Libya and supply and demand and shortages?
High oil, gas prices lift Chevron 2Q profit 43 pct - Business wire - bellinghamherald.com (http://www.bellinghamherald.com/2011/07/29/2121332/chevron-2q-profit-jumps-43-percent.html - broken link)
While I like Obama overall, this proves, sadly, that maybe both adminstrations were/are in bed with big oil...? While Bush had the connections, that likely big time contributed to the prices this high.....Obama's acting like the parent who tells the kids to clean the room, kids refuse to do it and keep on making it a pig stuy, while the parent (in this case Obama) does nothing with teeth to make the kids clean their room.
Obama is an improvement over Bush, but, doesn't even hold a candle to Bill Clinton.
Gas cost $3.00.
Then the government under Obama printed all kinds of money some 700% more than the worst Bush years.
Now gallon costs $4.25 because (as you say) the government and it's dependents were too greedy to pay bills and required the treasury to print money thereby weakening the value of the dollar and you get higher costs of gas then.
You are witnessing the beginning of the Obama Depression.
Gas cost $3.00.
Then the government under Obama printed all kinds of money some 700% more than the worst Bush years.
Now gallon costs $4.25 because (as you say) the government and it's dependents were too greedy to pay bills and required the treasury to print money thereby weakening the value of the dollar and you get higher costs of gas then.
You are witnessing the beginning of the Obama Depression.
Obama is an improvement over Bush, but, doesn't even hold a candle to Bill Clinton.
The dollar is getting cheaper therefore it buys less oil.
The dollar has gotten cheaper because of quantitative ease.
It's basically a backdoor taxing.
Location: Moose Jaw, in between the Moose's butt and nose.
5,152 posts, read 8,529,163 times
Reputation: 2038
There's no logical reason, at a time when most people under 50k are in some cases hurting big time, for Chevron to make that kind of profit. Those guys should be in jail for consumer fraud.
There's no logical reason, at a time when most people under 50k are in some cases hurting big time, for Chevron to make that kind of profit. Those guys should be in jail for consumer fraud.
Are you equally upset with all the other corporations that are taking in big profits too or just those that directly affect you?
There's no logical reason, at a time when most people under 50k are in some cases hurting big time, for Chevron to make that kind of profit. Those guys should be in jail for consumer fraud.
The cost of fuel is high because the people selling it know that people are going to have buy it, no matter what it costs. I'm British and the fuel here is sky high too, but I don't have a car, so I'm not worried. I've never had a car.
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