These oil companies are playing a damn game if you ask me.. lining their pockets with more money as they walk away from the bank's laughing. If you're going to raise the price of something, it might as well be something we depend on every day...
This shows a total lack of understanding the market and the basic law of supply and demand .
If you increase the supply the price will go down and by drill in the usa and opening more refineries they price will go down in time.
Who blocking this effert ? First the environmentalism movement.These people care more for a tree then a human life.Fact they believe mankind should be destroy to save the planet ?Read some of their statement http://members.tripod.com/~HawkseyesA/eden.htm scare the hell out of you.
They still today do not want drilling in the usa waters and drilling for oil in the Arctic .
Yet China will be drill off usa waters .Ask yourself why is China drilling where USA cannot ??
The Dems and environmentalism movement seem to have no problems with where other countries drill .
Next the Dems will not allow oil drilling .Again Bush tried yesterday to get drilling right and again the Dems said no.My liberal son even called me and said dad crap the dems are block drilling.I wrote that down "my son says dad you are right " LOL .People here in the usa we have more oil then any other country if you count taking coal to oil 45 billion barrels sit untapped and that oil people.
The dems are the one blocking any hope to stop usa from being forced to buy foreign oil and it next to 70% imported.We do not need to buy foreign oil. The oil companies do not make huge profits compared to other markets like pharmaceutical industry.Even Google makes more percentage wise.
The cost to drill is in the 100 millions and then the permits on drill cost millions too.
Oh to liberals please Excuse any misspelled words and/or punctuation errors,because you hate the truth so much it all you can seem to look for is my misspelled words and/or punctuation errors ....it's a forum ,not a class room assignment so I do not care...