But if US oil companies are reporting record profits, doesn't that indicate they are charging more than the higher crude prices justify?As oil/gas prices rise, I know someone along the chain is getting richer...?
You need to go back to school.
If a company makes 1% profit on an item that say cost $100. They make a $1.00.
Now the cost of that item went up to $110. They now make $1.10.
Profits are higher, but margins stay the same.
Simple, even a third grader could understand.As oil/gas prices rise, I know someone along the chain is getting richer...?
Stop blaming people for our problems!
Look around you, what do you see? Waste.
When you are sitting in the drive thru at the bank, waiting for 15 minutes before your turn, what is your car doing? Idling.
When it is cold in the morning what do you do with your car? Idle it to make it warm.
When you just run in the store for a minute, the car is idle!
If we all made changes in our own personal lives, everyone of us, we would save millions of gallons of gas. It is unnecessary to idle cars and burn gas at 0MPG. It lessens the life of your car, increases emissions, and make a bigger demand for gas.
The bigger the demand, the higher the prices! Buy oil that you can change every 35,000 miles. Changing your oil every 3,000 uses unnecessary oil and also adds to the demand.
Electric at your home uses oil, or coal in many electric power plants for burning or transportation. Unplug all your electronic when you're not using them and you will save a tremendous amount of energy. Yes electronics use power when turned off, some use a lot of wasteful power.
oil companies are being charge with higher oil prices and pass that along to you and me.
Now the liberals want to tax that profit and you know what that means?
Even higher prices at the pump.
That will show the oil companies.
Rememeber oil companies cut is about 9% and the government is making about 19%.
So who is doing the sticking it to Americans?
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