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Quote by: gr8fuldaniel Absolutely. And Enron was allowed to make a profit too. Until they abused the privelege/right. Their monopoly on the California energy market pretty much gave them the PIN number to everycitizen in California. If we didnt pay their asking price, no problem... Rolling Blackout Time. No Problem? That all came about because of deregulation.
Well, we need to draw the line somewhere, imo. At what point should the fed step in and say "ENOUGH, it has become extortion" ? We dont have a Free Market as long as the oil cabal artificially jacks prices using their own greed as the only guidelines for regulation.
Not really. The drug addict only "thinks" he needs the product. Even if both his body and mind concur, it doesnt make it true. In todays society they pretty much have us over a barrel. Since we cannot just return to the land as hunters and gatherers, without paying huge licenses, fees, permits, wilderness passes and/or rent/purchase land. Until those government controls are lifted, we have to have affordable fuel to survive as citified folk. Meanwhile, subsisting on Waldon Pond, I would still suffer from the smog produced by big oil even though I am not consuming their product. And the government is allowing it because they have an ego-centric, immoral, idiot planted in the White House to lock in and insure unfettered greed to rob the American citizens of their bank accts. |
Yes, some of what you write make valid points but the main thrust of the argument here is that Americans have had 30 years to prepare for this and they have been fiddling while Rome burns. And as far as California, if level headed, foresighted, logical people were in charge, you would not have the problems that exist now. California has an anti-refinery, anti power production, not in my back yard mentality that they will now have to live with. So tell the people in California to shut up already. They chose their future and now they want to whine about it and and blame everyone but themselves. Thier lot is the result of what THEY CHOSE as a future, not what "big oil" has forced upon them.
Oh and btw, drug addicted people, PHYSICALLY REQUIRE the drug or their bodies become sick. Just like an alcoholic needs his juice, or he will suffer withdrawal.
As far a regulation. OK. Look up Huey Long because you sound just like him. Governor of Louisiana during the 30's. He was going to whip all the asses of those Standard Oil men. He was the "Kingfish" out to save this land. "Ain't no oil men gunna run this state, gunna be run by little folks like me and you" "If there is something belonging to others, there's enough for all people to share" was a line from his political theme song. Back door socialism.
I can only say it once again. The State of California, and the Nation, is in trouble with so called "big oil" because the US did NOTHING to wean itself away from "big oil" tits after the oil shocks of the 70's. Foolish Americans learned NOTHING from the shortages, the long lines, the alternate license plate fill up days, and the rationing. So they deserve everything they are experiencing in today's market.
Once again it is time to take action in terms of conservation, production, refinery construction and alternative fuel development. It takes 10 years to bring a new refinery on line so someone better get with it. And if the people in California want energy, they have two options: PRODUCE it or BUY it. Plain and simple. It is once again, their choice, maybe this time they will choose wisely.
Just one more comment. I don't see how the "idiot" in the White House has anything to do with the control of oil prices? He has screwed a lot of things up but "robbing the peoples bank accounts"? I understand he can take the blame on his watch but I can't see how you can fault him exclusively for something that is the result of 30 years of inaction in American energy policy. If you want to blame the Administration, then go back and blame all of them in the last 30 years for an ineffective and non existent national energy policy.