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gagners · 07-22-2008, 15:11

I'll keep this to a couple of lines, which I failed to do in the "other" thread about energy/oil...

Profits go to exec's and the investors, as they should in a capitalist society.

They are shrewd and cunning business people. Good corporate citizens, they are not.

If the Arab world sneezes, the prices goes up - as does the price at the pump (which they've already paid a lower price for when it was put in the ground tanks). If the price per barrel goes down, the pump is slow to respond (can't lose any of that profit margin for what's in the ground tanks)... we're taking it in the arse from both sides.

07-22-2008, 15:11	#6
gagners Asshat 6 Join Date: Sep 2007 Location: Vermont Posts: 248	I'll keep this to a couple of lines, which I failed to do in the "other" thread about energy/oil... Profits go to exec's and the investors, as they should in a capitalist society. They are shrewd and cunning business people. Good corporate citizens, they are not. If the Arab world sneezes, the prices goes up - as does the price at the pump (which they've already paid a lower price for when it was put in the ground tanks). If the price per barrel goes down, the pump is slow to respond (can't lose any of that profit margin for what's in the ground tanks)... we're taking it in the arse from both sides. __________________ "Tonight, we're pirates!" - MD (R.I.P. 19SEP05) Last edited by gagners; 07-22-2008 at 15:14.
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