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Old May 3, 2006, 03:11 pm   #10 (permalink) (top)
brien
Iceberg
 
Location: Connecticut
Posts: 5,703
[quote=gr8fuldaniel].
The primary problem is there is no competition. We now have only 4 Oil corporations in virtual monopoly. There were 20 oil companies not so long ago, now the cabal has been closing refineries down to lower production. they are cornering the market There is no shortage of crude, only an artificial funneling of product. And the more worldwide reserves that are secured, coupled with a government junta rolling back fuel consumption (and environmental) standards in the automotive industry and a failure to promote viable alternatives.....Its just plain criminal.



Dan: While I share your concern for monopolies, besides an overall plan for altenative fuels for the future, I must also stick with my 10 ways to combat the problem. The Federal Government is just as much to blame as "Big Oil" for being asleep at the switch since the 1970's. They could have provided tax incentives for weaning American off the big oil tit. Only collusion could produce what is happening today. Corporate finance of campaigns for the friends of oil to elect oil friendly candidates can produce the do nothing legislators of the past and present. Dems and Republicans alike.

If I were "big oil", I would finance every green cadidiate I could find that restricted exploration, production, and promoted a moratorium on building refineries, to insure that the price of oil would remain high. I don't think you can indict "big oil" without also smelling the good ol boys in DC as well. PEEEEEEEEEE U :eek:


Brien the Iceberg

If you tell the truth you don't have to remember anything. M.T.

Last edited by brien; May 3, 2006 at 03:17 pm.
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