Re: DEMOCRATS AGAIN PREVENTING AMERICA FROM DRILLING FOR OIL!!

Bob Eld wrote:
> "Monkey Clumps" <spacebrain71@[EMAIL PROTECTED]
> wrote in message
> news:671eda19-0d12-42b0-8762-13a9aefe5bc2@[EMAIL PROTECTED]
>   
>> On Jun 26, 3:58 pm, "Bob Eld" <nsmontas...@[EMAIL PROTECTED]
> wrote:
>>     
>
>   
>> That's not really the sort of thing you can get a CITE for since oil
>> companies are private.  However, common sense suggests that if they
>> had access to large finds on areas they already lease, they would be
>> putting them into production now.  Oil companies aren't fools.  They
>> are very good at their business and their business is finding oil and
>> extracting it.  The simple fact is this, if we want to increase
>> domestic production we need need to allow more area to be explored and
>> put into production.  The democrats needs need to cut the obfuscation
>> and decide whether they are for increasing domestic production or
>> against it.  If they are against it they should own up to the fact and
>> face the American public.
>>     
>
> Snip....
>
> Yes well, that sums up one of the major problems doesn't it? Oil
companies
> are PRIVATE companies dealing in a very public national resource.  One
we
> apparently know little about according to you. Furthermore, their end
> products are commodities that are necessities. The idea that they are
> altruistic benign entities always operating in the public interest is
> absurd.
>
> Furthermore it is absurd to believe that they will just drill for more
oil
> to make more money, when in fact, the opposite is true. It is in their
> interest to keep supplies tight and that's exactly what they are doing.
It's
> economics 101. Why would any company want to increase supply when the
MONEY
> is in doing the opposite? Exxon made more money last year that any
> cor****ation in HISTORY. Why the hell would they want to change that?
"Oil
> companies aren't fools" You said it!  No, but we the people are.
>
> Maybe it's time to revisit our anti trust legislation of the 1910's.
Maybe
> it's time to break up the vertical integration in the oil business and
allow
> more competition in the business. Maybe it's time to manage our NATIONAL
> resources as though they belonged to the public and not to Exxon. Maybe
its
> time to look at petroleum supply and fuel as a public utility.
>
>
>
>   
absolutely.  Youi've said it well.

-- 
"Sarah, if the American people had ever known the truth about what we
Bushes have done to this nation, we would be chased down in the streets
and lynched."
--- George Herbert Walker Bush, in an interview with Sarah McClendon, 1992