in the 70`s when the last oil problems were going on, the profits were up 1000% at the time they were required to report this. i wonder if they are now. greg -----Original Message----- From: [EMAIL PROTECTED] <[EMAIL PROTECTED]> To: biofuel@yahoogroups.com <biofuel@yahoogroups.com> Date: Tuesday, June 26, 2001 1:31 PM Subject: [biofuel] $5.00 a gallon.......
>List-Has anyone considered that all the major oil companies are having, >right at this moment, RECORD PROFITS ??? At the consumer's expense, of >course. Does anyone know what happened to the millions of barrels of oil >that former president Clinton released from the Strategic Oil Reserve, >done to lower prices?? >Because there was no stipulation in the agreement, the major oil >companies exported the oil to Europe, and other places where they could >sell it for maximum PROFIT, the motivation behind any major corporation. >It was not kept here, to help lower heating oil prices, as was intended, >instead, it was used to further increase the profit margins of the >blood-sucking oil corporations. Now, President Bush, is an oilman, and >is in the pocket of the oil companies. Anyone that reads the news knows >this. He also seems not to believe in protecting the environment. This >is the way of big business, folks. Raising the price of automotive fuel >to $5.00/gallon will basically have one effect-it will put millions of >people that are barely making it, right over the edge. These days, >earning $8.35/per hour-40 hours/week, puts a family of four only a few >dollars above the poverty line. In the town I live in, there is little >employment, and the same can be said for most of the rural communities in >this area. If you want to work, you must drive 15-20, or more, miles in >some direction. There isn't even a grocery store here, and hasn't been >for the last 8 years, as the owners were unable to compete with big-city >pricing. So, a car is not a luxury here-it is a necessity, if you want >to eat, or work. As a matter of fact, the elderly woman I bought this >house from, sold, because she was widowed, and unable to drive. She had >to depend on neighbors to drive her, for every necessity. There is no >public transportation, of any kind, available in a 15 mile radius here. >So, that isn't the answer. Of course, if we raise the price of fuel to >$5.00/gal, then we would have the money to SUBSIDIZE public transport, as >is being done in almost every major city right now. Then, of course, we >come to this point-what are people going to do until every little town >has some sort of public transport? We'll be back at square one. The >fact is, public transport cannot support itself in a major city. It >certainly can't support itself in a rural area, where ridership is less, >and mileage (at $5.00/gallon) is more. > >E.J. >________________________________________________________________ >GET INTERNET ACCESS FROM JUNO! >Juno offers FREE or PREMIUM Internet access for less! >Join Juno today! For your FREE software, visit: >http://dl.www.juno.com/get/tagj. > >Biofuel at Journey to Forever: >http://journeytoforever.org/biofuel.html >Please do NOT send "unsubscribe" messages to the list address. >To unsubscribe, send an email to: >[EMAIL PROTECTED] > >Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ > > Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Please do NOT send "unsubscribe" messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
