The rise in gasoline prices in the last couple of days is criminal

Too Many Profits, and Too Many Lies

By James Turnage:

The rise in gasoline prices in the last couple of days is criminal. The oil companies get huge subsidies, and have made record profits at the expense of consumers. Why do they justify increases in costs to their customers?

The truth is more brutal than the obvious greed they display. Not one new refinery has been built in 20 years. The oil companies have taken the profits from their increasing sales, and have not re-invested in their companies for two decades. The existing refineries are in a state of ill repair, and when they break down, or burn down, they make us pay for them.

There is an abundance of crude oil. If it cannot be refined into gasoline that propels our automobiles, it is useless. These greedy and all too profitable companies prefer to keep us at their mercy. Why do you think they spend millions of dollars funding republican candidates? It’s all too simple. President Obama favors the elimination of their enormous tax breaks. Instead of making a sensible profit, they want to continue making 200, 300, or 400 percent profit.

I had a small business at one time. If I was fortunate to make a 10 or 15 percent profit after expenses, I was very pleased. If I had to raise prices it was because my costs increased. But the difference between me and huge corporations such as the oil companies was the simple fact that my customers could go elsewhere to receive services. We who have to drive an automobile to get to work, to shop, and to transport our children have no other choice.

Once again, this raises the question that asks every working man and woman in America, “how can you support any republican candidate”? They do not only support big business, they are big business.

Just because a company abides by the law does not mean they are not criminals. If the religious right believes in Christianity, how can they support the oil companies raping the American public? Right is right, and evil is wrong. I am sick and tired of seeing those I vote for support the greed of Wall Street instead of acting on the promises they made when they were elected. I feel used and abused by the Congressmen and Senators who sit on their cushy seats in the Capitol building.

2 Responses to "The rise in gasoline prices in the last couple of days is criminal"

  1. David   October 6, 2012 at 7:11 pm

    the democrats are responsible for not allowing refineries to be built

    Reply
  2. Earl Richards   October 6, 2012 at 10:50 am

    Google the “$2.5 Trillion Oil Scam – slideshare” and google the “Global Oil Scam.” California is a victim of this scam. Purchase solar panels and electric cars.

    Reply

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