From $2.00 gas to $5.00 gas in 4 years

Silver Margins Increased, Price Drops Dramatically

http://www.crossingwallstreet.com/archives/2010/11/silver-margin-raised.html

http://news.silverseek.com/SilverSeek/1304961753.php

Here is an interesting piece I came across from ExxonMobil titled: ExxonMobil’s earnings: The real story you won’t hear in Washington
This is stright from the horses mouth, Ken Cohen who is vice president of public and government affairs for Exxon Mobil Corporation.

Link here:
http://www.exxonmobilperspectives.c...s-the-real-story-you-wont-hear-in-washington/

Nice advertising piece. Quite frankly, when you boil it down to simple form for us simple folk it comes down to they made 10.7 Billion dollars, they received 4 billion dollars of my tax dollars and I'm now paying 4 times as much for gas and home heating fuel than I was a just a few years ago, and jobs are disappearing. Just today I had to tell an employer that my rates are going up despite the dismal shape of our industry. So I'm losing money, the people who hire me are losing money and it's all because there is one entity that we're all dependent on making 10.7 Billion Dollars and taking 4 billion dollars of my tax money as they pick my pocket directly at the pump. Quite frankly, I think that came from a different part of the horse's anatomy.

Maybe that is the solution to the gasoline problem?

Fellow Forum Friends (FFF),

I don't know if it has been posted before, but this may well be the solution for the gasoline problem. Would increase the requirements for crew accommodation more in line with new ILO regs, I suppose.

http://www.freakingnews.com/Yacht-Pics-11496.asp



BR
Olli

Government Subsidies to Big Oil Companies, I don't understand

...an email I sent to some friends recently

Can someone explain to me why a 'for profit company' that is the MOST profitable company in the world needs to continue to receive Government subsidies??

I just don't understand this.

Many of you I send this message to have been in business for yourselves. Did you get a government subsidy to conduct your business. I didn't?

If someone can explain this subsidy program to the oil companies, please do so.

Brian


http://money.cnn.com/galleries/2011/fortune/1104/gallery.fortune500_most_profitable.fortune/index.html
Exxon Mobil rode high oil prices to a staggering $30 billion in income, making it the most profitable Fortune 500 company for the eighth year in a row.


PS: Perhaps we all need to remember who voted AGAINST rescinding these subsidies in the next elections?

Granted it may be a small part of the equation, but at this point every little bit helps....ask any husband/wife who is trying to balance the household account these days.

Its not just the oil companies. American government "freeloading" is wide spread.

http://www.youtube.com/watch?v=0OQjlzh279E

When it comes down to it, most of the major expenses of the average person or family are part of a deeply rooted scam.

Our Tax Dollars ... #1 Scam ... the politicians use our tax dollars like a personal piggy bank AND as a way to encourage a voter group to vote for them.

Our Food Supply ... Monsanto, ADM and all the other massive food conglomerates working closely with government to set prices, get subsidies and monopolize.

Oil ... We spend over a trillion dollars per year on wars, subsidies for other governments, naval presence ... while not even drilling in our own back yard.

Housing ... Fannie Mae and Freddie Mac guaranteeing mortgages (with government assistance of course), work with Politicians and the FED to artificially reduce interest prices and underwrite mortgages based on it "being the right thing to do ... that everybody should own a home" whether or not they can pay for it.

Hedge Funds ... largely unregulated ... basically designed as a way for the rich politicians and their friends to be at the head of the line with regards to the stock market and commodities.

Cable TV ... Television used to be free ... now the average family spends $100 per month.

Internet ... $100 per month for the average family.

Our Litigation Happy Society ... costing EVERY family dearly.

The only people that are able to break the bonds of poverty created by all of these scams are the rich people. To them, all of these things are small change.

The policies of the U.S. Government only strengthen each of these scams year after year.

The only answer of course, is LESS Government. Which will increase our choices. But, with more people on the dole than not, we will only increase government.

I'm just sitting back and watching the horrible show ... "The American Sucker!"

Drill Baby Drill !!

Lets see I believe that the USA proven reserves of crude oil (not counting shale) is less than 2% of the world's supply.
http://exploredia.com/oil-reserves-by-country-2011/

"Proven oil reserves in the United States are 21 billion barrels (3.3×10^9 m3), excluding the Strategic Petroleum Reserve. The U.S. Department of the Interior estimates the total volume of undiscovered, technically recoverable prospective resources in all areas of the United States, including the Federal Outer Continental Shelf, the 1002 area of the Arctic National Wildlife Refuge, the National Petroleum Reserve–Alaska, and the Bakken Formation, total 134 billion barrels (21.3×10^9 m3) of crude oil. This excludes oil shale reserves, as there is no significant commercial production of oil from oil shale in the United States."

So does it really make sense to go out drilling all over the place in the USA....OR, set some real conservation methods as improving every house efficiency by 15% (not that difficult), improving municipal effeciences, improving automobile efficiences by 20-25%, improving truck efficiences, and converting a lot of transportation fuel requirements to natural gas (we have PLENTY of that), etc.

And perhaps rather than giving subsidies to the oil companies (that are already hughly profitable), we could invest some of that money into addition power lines to bring that that wind power from those remote corridors into the main grids. Those wind power guys ARE NOT asking for subsidies to build the wind farms (at least not Pickens), but they are asking for help with the permits and possible share some of the construction cost of the modern power lines to get that power out into the grid.

I think I would rather have my tax money going to those type projects rather than to big oil maga-profits. I'm not saying they don't deserve profits...certainly they do...but at this point they are scamming the system.

So, you would like to find a solution to one of the scams (Big Oil) ... but leave the rest in tact?

The entire American public is doing this dance (focusing on one problem or another ... what effects them most) while the Elites (the rich including the politicians) have a big laugh.

So ... while you focus on Big Oil, the rest of the scams are happily growing bigger and stronger.

The answer is to get rid of ALL the scams.

Of course, that would take a Libertarian ... no giveaways and reducing our government by approximately 60%.

Hence my link to John Stossel and his freeloader special. Until I saw that thought the USA was going to go under ground economy. Like Canada, once had under the last liberal regime of Chretien. Than I thought the grass was greener. Fox News reading between the lines discovered America is going the way of the last known empire's; Roman, British and Russian.

And the country without scams, price rigging, crooked politicians, and greed is?????

Hi,

yet to be discovered.......

Yeah, right. Someone at Faux News must have found a CliffsNotes on high school history in the john and thought it was investigative reporting.

Hence my understanding the American People will not change. Like a meth addict looking for it's next fix, America is on a death spiral.

Therefore I have positioned myself on the right side of things (one of the Elites ... friend of the Progressives like Obama and Bush).

And I will watch my fortunes grow as our nation goes into the crapper.

And yet I will continue to support the Tea Party which is the peoples only hope. Even though the American People (suckers) will vote for another Progressive because of the handouts.

Hi,

I think someone has added a few portholes to the old girl.

She has been in Banus for years and from what I have heard about the conditions onboard , slavery is not something the crew are strangers to.

You keep bringing it back to America. It's western civilization. When America goes down so will the rest of western civilization. And as for your positioning, remember, there is only one king/ dictator/ emperor,etc. They don't share. Unless that fortune you're amassing is upwards of $20B you'll just be falling further and harder. And if your "only hope" is Sarah Palin?

Obviously you will be voting for business as usual. Be assured, you are in the majority.

The Elites of our society appreciate your vote.

I will enjoy paying less for my staff due to the high unemployment rate and lack of opportunity.

I will watch my large cap equities grow as corruption grows every year.

Thank you.

I chose to only address a solution to the item you brought up that is related directly to the subject matter of this particular forum thread....fuel (and energy) prices I believe it is:
"From $2.00 gas to $5.00 gas in 4 years"

Truth - Vs - Lie

There is ONLY one way for civilization to get out of this morass of scams, deceits, and taking advantage of one another. The word TRUTH is the way, plain and simple! In other words DO NOT lie or spin statements, questions or answers - PERIOD. Until the U.S. and other nations take the mantel of "Truth" in words, deeds, and actions as the primary ingredient to all forms of relationships (personal, business, social... etc...) there will continue to be increasing down turns for society. Somehow, for some reason the world runs on a majority of un-truths. If truth were to become heralded as the only correct way to operate, then making life occur correctly for society would be relatively easy to manifest. Why the word LIE has become predominant – I am not sure. Perhaps someone can enlighten me as to why Lies outpace Truth in so many levels of human actions... I have my theory – but look forward to hearing from others! – Happy Boating, Art

Hi,

I am sure they can on another forum that does not have yacht or boat in it's url.