[kenton6]

I would like to see the blood sucking, filthy rich oil companies in this country who continue to suck every penny out of us through lying, cheating and stealing, make a contribution to the Katrina hurricane disaster relief.
How about freezing oil prices for a few months so people all over the US will feel more able to give to the effort.
They won't! Never do! Their day will come.

 

[sremington]

Yep, their day WILL come. Not sure how... :lol:

It is a National Emergency and people are going insane lost in the streets of New Orleans. The Military has stepped in for aid (read more here) and what do the oil companies do? Raise the price. Quite helpful.

 

[Ithaca37]

As angry as we all are about the oil prices, we must remember that this is capitalism at work. Basic supply and demand: The storm all but stopped production from our offshore rigs and caused the largest oil reception port in the nation to be shut down for over a week, All the while demand remained at the same level if not higher with all of the recsue woork being done.

 

[kenton6]

I certainly understand basic capitalism and the concept of supply and demand but what I don't understand is why time and time again, the oil companies never step up to the plate to assist anyone in time of need.
Oil companies can charge any amount they want for a gallon of gasoline. That isn't my point. My point is what are they going to do to help.
There are basically two kinds of people that are suffering from this disaster - those who have no means by which to rebuild and those that have money and can rebuild.
Oil companies have seen the largest profits ever and I don't care but while others have done what they can to help, oil companies continue keeping on.

 

[Ithaca37]

I apologize if i offended you with my post, it was not my intent to. I misunderstood what you were refering to. I thought this was just set up to complain about oil prices. Which for once have been raised with a legitamate reason. My mistake.

 

[sremington]

Kenton6 is a meany :lol: :lol:

I don't think you could offend him... Oil prices are rediculous..

Have you seen this picture yet taken yesterday in the news?

 

[Ithaca37]

No, i had not seen that picture. Now that is crazy. :shock:

 

[kenton6]

Ithaca - I wasn't offended and I wondered when I posted if you would think I might be.
I agree what you say, it is just frustrating and of course that gets my dander up.
For years I have said that as much as it would hurt a lot of people, that the price of gas should go to 6 or 7 bucks a gallon and then perhaps, enough people would be affected so then we might begin to make some changes.

 

[Ithaca37]

I definately agree that if the price keeps climbing, demand will be reduced and the price be forced to fall. Fluctuations in prices have been seen throughout the past 50 years. Although they may go outrageously high, they must come down eventually.

 

[sremington]

I believe we are headed for our 2nd recession...

It is difficult to sustain 2 reccessions in a row without falling into a depression. But, there is a first time for everything...

 

[Ithaca37]

It also doesn't help that the news insists that economy isn't doing all that well when in fact it is moving along fine, especially when you consider that we just went into recession only 4 years ago. We have comletely recovered in less than four years, not bad. Even if Katie Couric tells you otherwise.

 

[sremington]

Katie Couric should be slapped! :roll: