I hate them with the passion for a few reasons.
One they are profiteering off of all of us. Exxon Mobil is THE largest and most profitable corporation on earth. In 2005 through 2006, petroleum company CEO's were given hundreds of millions of dollars in bonuses in addition to their multi-million dollar salaries. Gas prices have risen what 200% in only seven years? They are still climbing. Their arguments for high prices are:
- They have less refining capacity after Hurricane Katrina.
- The summer blend as well as high demand of gasoline makes prices higher.
- They factor expectation of war, disaster etc. into the prices.
- The supply is diminishing while the demand is still rising.
- China is industrializing and using more and more gasoline.
1. Well build more refineries they are only the most profitable companies in the world.
2. Winter Blend motherfuckers!!!!
3. Thats all bullshit, a suicide bomber in Israel or Baghdad has no effect on the security of oil fields in southern Iraq or anywhere in the middle east. In-fact, suicide bombers, terrorists and insurgents aren't targeting the oil fields and US Mil will simply vaporize them if they try.
4. The supply was not reduced dramatically over a period of a day or a month. It is a gradual process of reduction. If the supply in the middle east had dropped that much it'd be WWIII.
5. China has been industrializing since before most of us were born and has gradually increased their production over the years. They started using more and more automobiles in the late 90's but gas prices NEVER hit $2.00 back then.
All the other business and political rhetoric is utter bullshit that cannot be argued. You can have an infinite number of lies but only one truth. Its all bullshit. Yes we are 25-30 years away from the depletion of those oil fields but prices did not rise like this when we were 30-35 years away from depletion.





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