Comments on: Congress Divided On Energy Plan

As Gasoline Prices Soar, Both Democratic And GOP Proposals Face Difficult Odds

[stn_sage]

ExxonMobil made about an 8% profit last year. The nominal figure is huge because the company is huge. No one goes into business to break even.
Posted by mbburch06 at 01:10 PM : May 12, 2008
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My response: I haven''t seen their accting stmt from 2007 (have you?). But, assuming it was 8%, and BILLIONS of dollars---the nominal figure is huge because they''re raking in the money, it has nothing to do with the SIZE of the company! Profits are profits after costs---regardless of the size of your company! Get it,now?

I''m in favor of price caps and windfall profits tax, and active legal action against companies who have shut down refineries to drive prices up! ALL Reps
proposals are useless! They allowed oil companies to write the last energy bill that have added to current problems anyway! So, it''s not surprising their proposals ARE useless, is it?!

[j-whitman]

tylenol6,,,, No not really. -- It''s still a Clinton 2, a Bush 3, or a younger generation who recongnizes the dire need for change

[tylenol6]

cfin5 I totally agree with you about voting for RON
PAUL for president......People who are voting for Hitlery, Obama and McCain are the sheep. They don''t even
know why they are voting for them. Do your research people!!!!!!!!!!!!!! Hitlery, Obama & McCain are all one
of the same. WAKE UP!!!!!!!!!!!!

[j-whitman]

cfin5,,,, Tell that to our troops who have to search KBR living quraters & offices for their stolen equipment sold on EBay & Iraq''s black market. ---- It''s an extra burden that distracts from their missions.

Tell that to our citizens at home who have watched the cost of food & education skyrocket... Tell that to our nations small farmers & millions needing health care & living wages.

Tell that to our 1st defenders who are told by this White House to make do with what you have. Tell that to our Border Patrol agents in prison for doing their job.

Tell that to the ex governor of Alabama who Karl Rove Framed & sent to prison.

Tell that to the CIA who lose covert agents & missions because of the treason from this White House

Tell that to Americans who for 8 years have been forced to tolorate dishonorable American Leaders & their flat out lies.

Tell that to your children & grandchildren who will be paying the cost.

[cfin5]

j,....I meant to say that the smaller government and regulations that were actually implemented are for the corporations,....not for you and me. Nothings changed there.

[cfin5]

cfin5,,,,, Keep in mind,,, the GOP concept of "Smaller Government & No Regulation" has caused all of our nation''''s problems both foreign & domestic. It kills our toops & our nation

Posted by j-whitman at 02:04 PM : May 12, 2008-----Yes, but not all. The democrats are accomplice by signing on which I knew they would. This is why they hate Ron because he is not, nor ever will be a CFR stooge. The modern democrat vs. republican is a shell game as globalism and its policies rule the day.

[rgkntulsa]

What an article! Nothing but doom and despair, there is nothing we can do. It''s hopeless.
Don''t believe it! There are enumerable solutions to this problem with the right leadership.

[j-whitman]

cfin5,,,,, Keep in mind,,, the GOP concept of "Smaller Government & No Regulation" has caused all of our nation''s problems both foreign & domestic. It kills our toops & our nation

[cfin5]

Now for the BEST reason to vote for RON PAUL to quit the governmental "spendaholism".....James 5:1-6....Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of Sabaoth. Ye have lived in pleasure on the earth, and been wanton; ye have nourished you hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you.....( notice how the labourers wages were held back by FRAUD?)

[rf35]

cfin5, you''re kidding, right? RuPaul would be a better president than Ron Paul.

[rf35]

"While politically popular, such a measure would probably not change OPEC production decisions and could provoke retaliation."

Then they risk a US retaliation. Massive retaliation. Nuclear retaliation. And I''m not talking about power plants.

Really, the only way to get out from under OPEC is to transition away from internal combustion to power vehicles. Hydrogen fuel cell technology is here and being sold by at least two auto makers. It goes without saying that both are imports. The technology for producing hydrogen in sufficient amounts to provide for a total fuel switchover is less that 10 years away. We need to start building hydrogen infrastructure NOW! Equip filling stations so they will be ready to accept and dispense hydrogen. Start planning and building plants that will grow the hydrogen-producing algae that are going to be the primary source. Get the US automakers to realize that this is what should be powering all their 2015 models. And for Pete''s sake, get over ethanol! It''s not a viable option!

[cfin5]

The following quote is the SECOND best one I''ve ever found for why we need to elect RON PAUL, the un-CFR, pro-constitution candidate for the Presidency,.....not the other three......"If we run into such debts, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty four, give the earnings of fifteen of these to the government for their debts and daily expenses; and the sixteenth being insufficient to afford us bread, we must live, as they do now, on oatmeal and potatoes; have no time to think, no means of calling the mismanagers to account; but be glad to obtain substinence by hiring ourselves to rivet their chains on the necks of our fellow sufferers"......Thomas Jefferson

[Syndicate]

An energy policy should look fifty years down the road. Oil should be a major componet for the next ten years in order to ease transition. After that oil based fuels should be available as legacy fuels. After ten years all cars and internal combustion engines should be biofuel and/or hydrogen powered. Biofuels would be grown and produced domesticly along with hydrogen. Oil demand should tapper off to allow domestic production. Electrical needs would be met with a combination of Solar panels and nuclear power plants. By 2050 we could phase out the Internal combustion engine for fuel cells and the Nuclear Fission plants for nuclear fusion.

[tomanyt]

Whoopie Goldberg is right...our government can''t do s.h.i.t.

[mbburch06]

Gotta love the Dems still trying to gain traction with their standard cliches: "windfall profits" and "price gouging."

ExxonMobil made about an 8% profit last year. The nominal figure is huge because the company is huge. No one goes into business to break even.

Dems are hoping that most people are too stupid to figure this out and will fall for the standard anti-capitalist memes. They''re probably right.

[trillion1]

I''ve seen some interesting ideas here but they all hinge on the goverment giving a d*mn about the American people and they don''t.

[timetrips1]

Time to nationalize the Oil Companies, or at a minimum regulate them like the phone company. Both are national assets and critical infrastructure. Do not allow any oil to be EXPORTED and average the cost of local production with the import costs and you have gas selling at 50% what it is now.

[scottyusa]

How about simply capping the profits that oil companies can make. Once they hit that the prices have to come down. That way the benefit actually goes right to the people that need it. There is no such thing as a free market in the oil industry. The prices are contolled by speculators and the profits are outrageous on a product that is a necessity. If they get taxed more then they will just pass that on to us. Yeah that will help

[sjc_1]

We can save more in the next 10 years than we can begin to get out of ANWR. It would be 10 years before one drop comes out and it would provide less than 5% of our daily consumption. 10 years from now we will be using 10% more on the present path, this must stop.

ANWR is about making profits for the oil companies. There is no guarantee that any of that oil would come here anyway. In 1995 the Gingrich Congress repealed the requirement that Alaskan oil must come here.

Get rid of the big SUVs, develop hybrids and cellulose ethanol, carpool, telecommute, ride share, do whatever you have to do to use less oil. You will be glad you did.

[hypnotoad72]

andylance1 - I agree. And if nuclear power plants are built properly, with quality materials, redundancy, and trained staff thew risks become MINIMAL and EVERYBODY prospers in return.

We''ll always need oil, but using other sources for energy isn''t going to hurt the oil industry or anyone else.

And I too would like to see more domestic drilling, if the time becomes necessary. Compared to 30 years ago, newer technologies make new wells and refineries safer. I think it''s time to move forward.