View Single Post
Old 05-01-2008, 10:16 AM  
Snake Doctor
I'm Lenny2 Bitch
 
Snake Doctor's Avatar
 
Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
If they were willing to give back all of their profit and operate as a non-profit charity it would only drop the price of gas 2 or 3 cents a gallon.

Oil company profits are a red herring.

If we wanted to do something that would significantly reduce the price of oil we would pull all of our troops out of Iraq. The "risk premium" that is built into the price of oil is around 30%.
__________________
sig too big
Snake Doctor is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote