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by DouglasChick00 from Dallas

Last Post 65 days, 6 hours Ago


Oil Robber Barons
May 7, 2008 | 7:40 AM
Category: News
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 Oil Robber Barons -- Douglas ChickAt the gas pumps in this morning, I stare at the swiftly spinning dials, and the cycle of anger begins. Oil Robber Barons strike at the pumps again. I check out at the grocery store, Oil Robber Barons impact the food I eat. I come home and watch the nightly news, Oil Robber Barons, Oil Robber Barons, something about Hilary and Obama, Oil Robber Barons.

It is true that we are a capitalistic society, and our country enjoys the luxury of a free market, but when our economy is driven by Oil Robber Barons, where is the line between a free market society and out of control greed?

The countries that regulate thier oil sales, have a stronger dollar then the U.S. (They are financially stronger than the United States.) Why, because they know their economy is based off the cost of fuel. Do we need the same regulations to protect our country, or do we allow Oil Robber Barons to drive down America until we are a weak, over inflated, hollow country, dependant on the generosity of other nations? 

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Member Comments Total Comments: 12
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chardoney read my blog view my photos
May 7, 2008 | 8:41 AM

Do you realized both Google & Microsoft make much larger profits than any oil company here? Do you understand we're a capitalist country; free market place driven?
If government would get their big, controlling nose out of oil and let us freely drill for the billions we have in the country/off shore; allow them to freely build refinery's; prices would come down.
Try (finding) and voting for conservatives.
scottythecomic read my blog view my photos
May 7, 2008 | 8:41 AM

Do us all a favor and stick to the IT department. You obviously know little if anything about oil. Limiting the free market with regard to oil or any other business is a step towards socialism. Moreover, it will drive prices exceedingly higher!
superman read my blog view my photos
May 7, 2008 | 9:37 AM

CLICK ON EACH FOR LOCAL PRICES
scottythecomic read my blog view my photos
May 7, 2008 | 9:44 AM

Profit margins are 8% - much lower than a typical, successful business.

I hate high gas prices as much as anyone, but curtailing profit is a foolish stance.

Why would anyone in their right mind want to stifle progress, production and profit? Oh, that's right...because they're socialists.
GumshoeJoe read my blog
May 7, 2008 | 10:01 AM

You got a computer ?

Well , it doesn't take a detective to do a little research and find out gas prices around the world

Nation City Price in USD Regular/Gallon Netherlands Amsterdam $6.48 Norway Oslo $6.27 Italy Milan $5.96 Denmark Copenhagen $5.93 Belgium Brussels $5.91 Sweden Stockholm $5.80 United Kingdom London $5.79 Germany Frankfurt $5.57 France Paris $5.54 Portugal Lisbon $5.35 Hungary Budapest $4.94 Luxembourg $4.82 Croatia Zagreb $4.81 Ireland Dublin $4.78 Switzerland Geneva $4.74 Spain Madrid $4.55 Japan Tokyo $4.24 Czech Republic Prague $4.19 Romania Bucharest $4.09
scottythecomic read my blog view my photos
May 7, 2008 | 10:10 AM

Joe, please elaborate. We know gas prices elsewhere. What some fail to realize is the dichtomy in monetary equivalency.
GumshoeJoe read my blog
May 7, 2008 | 10:16 AM

USD = United States Dollar . The list is adjusted to American dollars

source is CNN Money
scottythecomic read my blog view my photos
May 7, 2008 | 10:26 AM

Ok, thanks.

But I guess I missed your point. You're saying we all suffer from high prices?

The Saudi's pay about $1 a gallon - an all time high for them.
GumshoeJoe read my blog
May 7, 2008 | 10:57 AM

Comic , I am in your camp , the Euro is not stronger because of oil regulation in foriegn countries

the euro is stonger due to interest rates in the flim flam shell game
scottythecomic read my blog view my photos
May 7, 2008 | 11:02 AM

I agree, Joe. We had a chance to switch to the Euro. Now our dollar is faltering and we are in a bind what with the debt to China.
GumshoeJoe read my blog
May 7, 2008 | 11:19 AM

Exactly . the dollar going down because the goods are manufactured in other countries and we owe them .

it's like we playing monopoly . They got the hotels , we land on their property and now we pay up with paper money
scottythecomic read my blog view my photos
May 7, 2008 | 11:27 AM

And soon we're out of the game. Or, we can tip the board over and start over.
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DouglasChick00

My name is Douglas Chick, I am an IT director for a national healthcare group, and an author of computer books, and creator of the computer networking, www.TheNetworkAdministrat
or.com

Member Since: 1/25/2008


 

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