Did anyone catch Diane Sawyer's interview with Bush this morning on Good Morning America?
She asked him why couldn't the oil companies just take a very minimum profit during this time of national crisis to ease the burden. He deflected the question and said that the oil companies will be making donations to the Gulf Coast area.

But my thought goes like this: Didn't Bush personally ask the CEOs of the Big 3 automakers to give great deals to consumers right after 9/11 in order to keep America going?
If this is true, then why is he NOT asking the oil companies to forego some of their profit for a little while to help keep America rolling?

And now we're hearing about shortages around the country. I swear the oil companies have no soul. They'd rather see the economy fail rather than giving up some profit.

 

well...........damn........looks like we gotta get busy with some special cars for the the Prez. and his 'cabinet'........and now that you mention it ...for the constituency as well....................

 

well.......I see your point......but keep in mind that the oil companies have taken, I think we'll find.....a huge hit in terms of infrastructure ...both in the gulf and on the coast and inland in LA/AL/MS.

 

Now you're talking!

Boy, what I could do in just one week............

 

Didn't Howard Dean drum up much of his support, through the internet!

 

Well, put it this way. The Bush family was/is rich because of Texas oil. They still own stock in oil companies, and I believe they may even own remnants of some Texas oil fields that are still in use today (cannot confirm that at the moment, admittedly).

One of my new personal rules is not to spark political debates on this forum, but as for what I said...that's my story, and I'm sticking to it. Besides, under his watch, our energy costs have gone through the roof, and I have seen ZERO policy to try and curb such issues. His release of the oil reserves today is not going to do anything...by the time that oil makes its way to refineries and is shipped out as gas, the pipelines in the gulf will likely be running again. Meanwhile, home heating prices skyrocket and at the pump we all suffer. As I'm sure you see in MI, governments nationwide spend millions in assisting the poor with heating bills. Imagine the tax $$ saved if there was just a tad of regulation in the oil markets

Stepping off the soapbox now...

 

Don't think they will get any slack whatsoever, based on that fact! We have a natural desire, to hate the rich in this country. And blame them for all our woes, wether deserved or not. IMO, this is a huge part, of what drives much of the hatred for a certain individual, as well as the oil companies. I think you know who I mean. I don't want to throw any, fuel on the fire! I hear chevron kicked in $5 mil., however I still remember "Crusher Camaro". I know they have lost some production capacity, due to Katrina! I seen on the news, one of their things ( I can't remember what the heck they call it; oil drilling platform, whatever) was blown aground out there. And I know it can't possibly help the price at the pump, regardless ppl will be calling for their heads. Some places, are seriously gouging ppl, but I'm not sure that it goes further than the greedy station owners.

 

The Home Depot has also dontated money to the disaster fund so far...

$1,000,000 as of right now, plus matching employee contributions, and are talking about giving more according to the news release they had posted on the bulletin board...

 

Indeed. My company's refinery is underwater. My company is also giving 3 million dollars to the Katrina victims (more than any single company I've heard of so far). They are giving all their employees in the affected areas $5,000 and up to $10,000 in interest free loans. Some people say oil companies have no soul, it's just not true.

 

its called avoiding a recession, its a good idea... but like I posted here Toyota agreed to Donate 5 Million

 

Do a search for "Arbusto Oil Company" or "Arbusto Energy", and get ready to read.
I've helped you alittle to get you started...
Arbusto Energy
"Arbusto Energy (Arbusto Oil) was a petroleum and energy corporation formed in Midland, Texas, in 1977, by George W. Bush. The name Arbusto is Spanish for "shrub," a synonym for "bush".

Investors in the company included Dorothy Bush, Lewis Lehrman, William Henry Draper III, Bill Gammell, and James R. Bath. At the time that Bath made an investment of $50,000 he was representing Salem bin Laden's interests in Texas. When Salem bin Laden died in 1988, his interest in Arbusto (along with other bin Laden Group assets) passed to Khalid bin Mahfouz."

Yes, that would be the same Bin Laden that fathered Usama.

Do a little searching and reading on your own.
If that doesn't quell your appetite, start another thread, and I'll be more than happy to confirm your worst thoughts and fears for you.
FWIW, Cheney is NO BETTER, and in fact may be the worse of the two because he is still getting quiet payments from Halliburton for the $4.6-billion "uncontested" contracts handed to them by the Us military.

The fox is guarding the henhouse right now - and I don't care WHO you voted for.

 

You guys are nuts!!!
And I love you for it too!

Know what, not only would I quit my job and do it, but I would have a HUGE time of cleaning the sh1+ out of Washington too! I'm talking Patton and MacAuthor types of @ss-whoopins and butt-chewins.

I just flew dead-nuts over D.C. coming home from Buffalo again this aftenoon, and I was thinking while looking down at the monuments and Capitol Hill, "man would I love to just drop in on those guys and give them a good what-for right now..."

IMO, the government dropped the ball on this Katrina thing... badly. When a federal agency directs people to seek shelter in the Superdome, then does not prioritize getting supplies to these 70,000+ people in a concentrated location - it's just WRONG. The only thing I think they did right was declaring the area a disaster zone before the storm hit so they could begin mobilizing FEMA... and that help has proven to be merginal thusfar.

I digress.
Besides, if I were elected into office, somebody would have a hit on me within a week because they would know REAL FAST that I can not be bought out, and things were going to get rough for the big boys.

Anybody else think they actually OPPOSE common sense in DC?

 

All levels of govenment too. From local NO, to state of LA, to the Feds.

 

A quick peek at Exxon Mobil's financials show they are on pace to earn $1b/day. That's not a misprint. $1 billion USD per day -- profit -- not revenue. It makes me ill.

 

You're right about other foreign nations but Canada is putting in a ****load of help for a country who has a population the size of 2 new york cities.