Although the oil companies profits seem high in dollars, it is less than 10% of their total revenue which is not excessive and much less than many other Corporations. Its taxes and Crude cost that drives price. We need to drill where we find it here in the states and the cost will come down.
Godspeed, Dan Solomon It is a mistake to allow any mechanical object to realize you are in a hurry. http://www.freewebs.com/chevelles1970/ -----Original Message----- From: Larry Williams <[EMAIL PROTECTED]> Date: Sat, 05 Apr 2008 08:28:26 To:The Chevelle Mailing List <chevelle-list@chevelles.net> Subject: Re: [Chevelle-list] [Fwd: Oil reserves in US] The oil companies have no interest in reducing their profits. Lindsey Williams $1.50 per gallon gas will never be seen. They will continue to extort as much as they can from us. We're screwed! Larry Dave Corgill wrote: > At 09:21 AM 4/5/2008, you wrote: > >I heard something about it on the news the other day. My guess is that > >the environmentalists will fight it as they do in Alaska and we will > >continue to be held hostage by OPEC. > > We have more oil on the north slope found in Alaska than the middle east. > I know people that worked there, it's all a game. check this out . > > > http://video.google.com/videoplay?docid=3340274697167011147 > > > > > > -- No virus found in this outgoing message. Checked by AVG. Version: 7.5.519 / Virus Database: 269.22.5/1359 - Release Date: 4/4/2008 8:23 AM
