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#21 |
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#22 |
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#23 |
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#24 |
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Exxon paid one of their retiring executives 100 million dollars..
One executive.. Can you imagine the shit the Democrats could do with the revenues from a company like this? They could even tie it to debt reduction and fuck the Republicans on THAT ISSUE as well.. They could use to finance national healthcare.. They could do anything they wanted. But they're steadfastly opposed to oil.. They just hate it. This is a real blind spot when you're talking about the accumulation and maintenance of political power.. |
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#26 |
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#27 |
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How so? They have an incentive to restrict supply.. It's like everything else.. How much would owning a Casino be worth if everyone could do it? If they're not trying to use environmental issues to erect entry barriers and curtail production to keep prices high, it's just because they haven't though of it yet.. And I doubt that's the case. You're talking about a bunch of people who would gladly kick off a war to enhance their interests.. They wouldn't give tossing money at ELF a second thought. |
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#28 |
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Big Oil has a monopoly on motor fuel which Henry Ford tried to prevent with the early Model T's. |
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#29 |
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They seem incredibly well funded for one thing.. For another, commodity prices (largely.. There's a speculation factor here too) turn on supply and demand. |
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#30 |
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#31 |
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Another selling point.. It's complete bullshit, but Obama's base would eat it up..
"No more wars for oil!" Because they're convinced that EVERY war is for oil.. When, in truth, some are for other reasons.. Oil never hurts though! Anyway.. They'd hail him as the second coming.. He could treat issues like CAFE standards as "safeguarding our energy independence! That's your children's oil too!!" What a win.. The R's would be licking their asses all the way back home.. The problem they'd have is.. There's really no good reason not to do this except that it puts far too much power and control in DC.. Which has never stopped anybody from getting away with anything in my lifetime. Being ill advised seems to be a political prerequisite. |
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#32 |
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#33 |
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Another excuse to nationalize... I mean, IT IS their oil.. He wanted a little more profit for the state, and the oil execs balked.. Then he grabbed their shit. Difficult to blame someone when it's their resource to begin with. If they want to just leave the shit in the ground for a million years, who is anyone to complain about that? |
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#34 |
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Another selling point.. It's complete bullshit, but Obama's base would eat it up.. |
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#35 |
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You could make the case that extraction would be cleaner, because there would be less incentive to take risks that could result in an accident/spill... lol! Well, allegedly anyway.. Truth is, it'd be about as well run as the TSA.. But you don't peddle it that way. And think of the union jobs? OMG.. |
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#36 |
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The environmentalists pose a problem... |
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#37 |
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Ya.. Chavez too. But, that being said, I'm sure they were getting fucked six ways to Sunday... |
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#39 |
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Yes but after 2012 when the Republicans take back our White House the tree huggers will be sent to stand in the corner with a dunce cap on where they belong. Obama and his "no go" on the Keystone Project is to date one of his top bonehead moves. First, it's unlikely a Republican will take the Presidency. But, secondly, Bush and a fully Republican Congress couldn't get anything done on this issue, so there is no reason to believe anything will happen now... |
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#40 |
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It's a dickhead move if they invite a company in and after the well is producing they steal it, though. Maybe they were? I dunno.. But this is why oil and politics must remain tied at the hip. It's about infrastructure and development, and then getting the profit back at the end of the process. |
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