Earlier comment: All I'm saying is what do you expect the oil companies to do differently? Should they be charity organizations and keep prices artificially low? If they did that, then people would continue buying gas in more and more quantities, then we're all screwed even more.
I think I have the answer to that question here:
"Oil companies today are enjoying record profits, and while they could use those profits to invest in more production capacity, instead they use the money to buy back shares in the markets," complained Rep. John Conyers Jr., D-Mich., the panel's chairman."
THIS is why I think government needs to step in. Gas is not a WANT. It is a NEED..or REQUIREMENT ..much like electricity. I am not for BIG government BUT it is time the government steps in and forces oil companies to step up especially if they are making outrageous profits. Sure we live in America and it bases success on a Gross Domestic Product but that doesn't mean it is an all or nothing. It is a balance.
I think I have the answer to that question here:
"Oil companies today are enjoying record profits, and while they could use those profits to invest in more production capacity, instead they use the money to buy back shares in the markets," complained Rep. John Conyers Jr., D-Mich., the panel's chairman."
THIS is why I think government needs to step in. Gas is not a WANT. It is a NEED..or REQUIREMENT ..much like electricity. I am not for BIG government BUT it is time the government steps in and forces oil companies to step up especially if they are making outrageous profits. Sure we live in America and it bases success on a Gross Domestic Product but that doesn't mean it is an all or nothing. It is a balance.