Thread: Gas $9 a gallon
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06-11-2008 06:00 AM #11
Those who don't remember history are doomed to repeat it........ Don't remember who said that, but it seems like we're caught up in it again......
It's not this party or that party causing problems, it's the whole dang system!!!!!! The oil producing companies are the one's making the big bucks on fuel..... The oil companies are taking care of their stockholders.... As others have also said, if most companies had to operate on the same margin as the oil companies they'd be broke in 6 months...... For a shop to make money, the markup has to run at least 22%, last I heard the oil companies run around 7%....
It's just the old blame game....Peolple just point fingers and don't really want to do a dang thing about the problem.... If this country would voluntarily cut their consumption and encourage (subsidies, less restrictive laws) US oil production the old law of supply and demand would take effect.... It's what controls pricing in other companies, the oil companies could only respond the same way.....
PS---Yes, Uncle Bob, I know that running ethanol in the drag cars doesn't do anything but give me warm fuzzies (and 3 wins, 2 runner-ups this year) but I like warm fuzzies....Heck, I even walk to work---just don't tell anybody it's 20 paces out the back door!!!!!
Yesterday is history, tomorrow is a mystery, Live for Today!
Carroll Shelby
Learning must be difficult for those who already know it all!!!!





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