Nationalize the Oil Companies, Refiners, Shippers, etc

[sandygray66]

Quote from pismo10:

When has the govt ever gotten involved and made things better or prices go down? Never. The more they put their hands in the more pain there will be. Nixon like wage and price controls maybe? It's not Lincoln and Jefferson down there anymore. Keep them out.

Absolutely! Like we need more power and the resultant corruption in the hands of our politicians.

Yeah, let's be like Venezuela and all the other third world countries with nationalized oil industries!

 

[TM_Direct]

Quote from pismo10:

When has the govt ever gotten involved and made things better or prices go down? Never. The more they put their hands in the more pain there will be. Nixon like wage and price controls maybe? It's not Lincoln and Jefferson down there anymore. Keep them out.

Im not into big gov't by any means...but can somebody tell me why when Katrina hit the gulf ( which accoutns for 15% of our oil) prices went up 100% AND NEVER CAME BACK???

why is it that crude oil jumps 10% today they raise prices within hours to reflect hat....but if oil falls 10% over a two week span there is no change in price????

why is it that Oil Co's profit has increased so much? if they are paying high crude prices shouldn't that eat into their profits?

 

[jficquette]

Quote from Cesko:

Idiot

Great post. 95% of the people who post here all the time are idiots.

 

[RhinoGG]

Quote from TM_Direct:

One other side point that cracks me up:

Exxon and Mobil, the 2 largest oil co's in the US want to merge.....knowing the importance of Gas in America and how this could create a monopoly the Gov't approved it in less time......then its taken the Gov't to approve Sirius and XM satelite radio to merge....what is more important to Americans? Gas or subscription radio??????

There are detention camps for trouble makers like you. Listen closely for "clicks and hisses" on your phone; you may be monitored.