http://deathby1000papercuts.com/2008/04/big-taxing-big-earmarking-big-congress-grills-big-oil/ The WORLDWIDE LEADER in WEIRD ~~~ News -Politics -Commentary -Weird News -Crime -Opinion -Entertainment -Scandals -Celebrities -Conspiracies -Video Sun, 27 May 2012 11:12:04 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://deathby1000papercuts.com/2008/04/big-taxing-big-earmarking-big-congress-grills-big-oil/comment-page-1/#comment-218 Archie1954 Thu, 03 Apr 2008 18:32:10 +0000 http://deathby1000papercuts.com/2008/04/big-taxing-big-earmarking-big-congress-grills-big-oil/#comment-218 There are a number of problems revolving around oil and its currently high price. One is security of supply with perhaps a trillion U.S. dollars being spent on various wars which were started to secure supply and for no other reason. Then there is the lack of refining capacity which unfortunately looks to an outsider as if it was planned. Also the whole structure of the pricing of oil products to the consumer needs to be revamped so that the increase in crude costs don't automatically increase the profit to the oil companies. It should be the opposite where an increase in the basic consituent of the process should decrease the profit margin. There are a number of problems revolving around oil and its currently high price. One is security of supply with perhaps a trillion U.S. dollars being spent on various wars which were started to secure supply and for no other reason. Then there is the lack of refining capacity which unfortunately looks to an outsider as if it was planned. Also the whole structure of the pricing of oil products to the consumer needs to be revamped so that the increase in crude costs don’t automatically increase the profit to the oil companies. It should be the opposite where an increase in the basic consituent of the process should decrease the profit margin.

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