Time to Nationalize American Oil Companies!

Bandaids over a fatal wound.

Gas prices will increase, everywhere.

Shortly the only option left will be the coming oilwars (though some could argue we're already there).

 

The sky is already falling!

 

Just watch and wait.

$75 a barrel is just the begining.

http://www.lifeaftertheoilcrash.net/

The U.S. Army knows it's coming: http://gnn.tv/headlines/8115/U_S_Army_goes_public_on_Peak_Oil_plans

So Does the U.S. Dept of Energy:
http://gnn.tv/headlines/1486/US_report_acknowledges_peak_oil_threat

You don't have to believe me
just pull this thread up 1 year from today...

 

or a force called control

you mean the owners.. it is not stealing it is called "expropriation."

 

Have you noticed that the US economy is seeing quite healthy growth, has low unemployment and interest rates, and a rising stock market? In fact most of the world economy is doing well. The oil price doesn't determine the performance of the economy. I'm sorry the world isn't as simple as your economic theories.

 

I sure hope you buy some long term, out of the money call options on the oil price then. You'll be rich and you can start the world's biggest anarchist commune. Imagine how clever you'll look. On the other hand, you're probably all talk.

 

I hope it falls straight down on you and Bush.

One thing is for damn sure, everyone needs to look into alternative fuels and less expensive transportation.

 

You don't believe "Peak Oil" is a fact?

 

Too late.

Thats like opening up the parachute 10ft from the ground.
The majority of the alternates are actually derived from or dependent on the continued access to cheap oil.

"It takes massive amounts of oil and other scarce resources to locate and mine the raw materials (silver, copper, platinum, uranium, etc.) necessary to build solar panels, windmills, and nuclear power plants. It takes more oil to construct these alternatives and even more oil to distribute them, maintain them, and adapt current infrastructure to run on them." http://www.lifeaftertheoilcrash.net/SecondPage.html

 

Maybe in your gated community the world is such wondefull place.

 

The retirement compensation package given by Exxon Mobil Corp. to outgoing Chairman Lee Raymond is said to total $400 million when all pension payoffs and stock options are included.

 

Peak oil is a fact, but it's a question of time, 30 years ago they said we had 40 years of oil left, 30 years later they say we have 40-50 years of oil left.

 

30 years ago gas was still relative cheap.

 

gas is still pretty cheap now, relatively speaking.

 

And my mother is a transexual .

 

*rofl*

 

As to the original idea, if we are using 22 million barrels a day, all American oil companies made somewhere around 150 billion in profit a year? So 8,030 million barrels a day....x75 a barrel x365= 219 trillion in oil a year, subtract oil companies profit =218 trillion divide by 365, divde by 8,030 million gives us our new gas price taking out the oil companies profit = the same price. But I do think its a good idea to take their profits and put them ALL into alternative energy

 

Skip,

what's your opinion of this?


'HOOD ROBIN' SUBSIDY

Venezuela's gas subsidy is the subject of endless grumbling by economists who say it promotes consumer waste and costs the state billions of dollars in lost revenue.

Critics say the subsidy largely benefits middle and upper-class vehicle owners at the expense of government income that could be spent on the poor.

"They call it the 'Hood Robin' subsidy," said Jose Luis Cordeiro, a petroleum engineer who writes about energy issues. "Instead of stealing from the rich to give to the poor, it's the opposite."

He estimates Venezuela would have taken in at least an additional $8 billion last year — almost 8 percent of the nation's GDP — if Venezuelans had paid market rates for fuel.

The subsidy also encourages rampant fuel smuggling to neighboring Colombia and leads to huge lines of Brazilian drivers waiting to fill up along the southern border...

ABC NEWS