Sorry, there's just not enough happening that I want to tell you about so today's report will probably be short and likely a mixed bag of shit.
Higher oil profits were reported today as "Big Oil" continues to pull the wool over all of our eyes in most every direction possible. If the government wasn't to "allow" this to happen you would think they would at LEAST be talking an windfall profit tax of some type, or be hauling their collective asses in front of a congressional committee to find out why they aren't pouring some of their profits into strengthening their own infrastructure (building ships, making safer drilling wells, or investing in alternative energy (they DO spend on alternative fuel- AN AVERAGE OF ONE FRIGGIN PERCENT!!!)- the last 2 of which would not only be mutually beneficial to them AND the US of A, but would also make THEM more profitable in the long run. Hoarding all those profits and not turning some of it back into the economic engine that drives them not only displays their greed, but is also their lack of national pride. I mean even the tobacco companies are forced to fund ad campaigns to stop smoking, if "peak oil theory" were real you'd think they'd at least spend a (small) percentage on an ad campaign 0n being consumption conservative- yeah, right!
I've watched our gas here in Michigan jump from $4.20 down to $3.55, back up to $3.85 a gallon all within the last week, and the Oil chain of profit would happily inform us that they really don't have much of a profit margin to deal with, and the market and our consumption actually drives the price- sure, we all swallow that line no questions asked.
Yep, the market drives oil prices while the oil companies whine that it would be unprofitable to drill here, besides those lousy liberal Dems (way ahead in the polls to win most any election in a few months) are all to blame for us having to import oil and make gas expensive because we can only refine so much at a time...So when oil was 50 bucks a barrel gas pressed 3 bucks a gallon, and now that oil is over 130 a barrel gas creeps over 4- ONLY 4?? There's an abacus around here that says that that plus your oil profits this last quarter just don't add up. If you love America, how about cutting your profit margin in half and only make 5.75 BILLION in clear profit apiece, resting assuredly that you are doing your part to help make America strong again. Wait---what's that??? Oh, pigs are flying out of my ass!!!
Sorry folks- I'll get off my soap box now and try to calm down. Tomorrow's blog will be about comics (I think), at least something a little more fun than me ranting about. I've got a slight sinus cold that whipping my ass a bit more than I'd like and that tends to make me testy!
In the meantime I'll close the door on my monkey cage today with a little Clutch Cargo cartoon madness. Make sure the soundtrack matches the lip movements okay?
Enjoy, and WAKE UP!!
Thursday, July 31, 2008
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