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Post by apocalypse on Feb 2, 2007 9:47:16 GMT -5
Think that the price of gas might be a little too high? Exxon Corp. has released its earnings for the fiscal year. Not gross mind you, but profit. 39.5 billion dollars over the coarse of the past year. Works out to 4.5 million an hour. Hourly rate figured on a 24 hr. work day. They have now made more money than ANY business in the history of man in one years time. But please, don't call it gouging. That is such a bad word. I think they prefer Socialist Economic profitability. Which stated simply means, If the dumb bastards will pay 2.10, why not 2.30 or higher. Think the government would step in and stop this. Think about that one for awhile.
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Post by Babyboomer on Feb 2, 2007 11:14:48 GMT -5
I've been thinking about it for a long time. Gas goes up 20 or 30 cents over night but that was the same gas they had in the ground the day before. But just look around Ma Bell is back in operation again!
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Post by Administrator on Feb 2, 2007 12:29:37 GMT -5
This truly sucks. I traded my F-150 for a Corolla and lessened my fuel consumption by 300%.
Supply and demand. It's up to us to alter our style because the government will surely not intervene.
They will not even help the American people with healthcare so they certainly will not concern themselves over the cost at the pump.
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