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Forum Post: Big Oil

Posted 11 years ago on Oct. 26, 2011, 5:54 p.m. EST by Snapper27 (0) from Paris, ON
This content is user submitted and not an official statement

Don't forget about the oil company's. High fuel costs are driving up the cost of living. They are also making life difficult for the blue collared worker. Wallets are getting tighter. We are struggling just to feed our families.



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[-] 1 points by Howtodoit (1232) 11 years ago

yes, and here's how to do, tell your lawmakers to close the enron loophole:

So why are oil prices high? The Enron Loophole. Former Head of U.S. Commodity Futures Trading Commission, Professor Michael Greenberger, speaks to Congress on the high price of oil--and he's not happy about Energy Deregulations:



[-] 1 points by TheScreamingHead (239) 11 years ago

I dunno if the oil thing is over. Umm, there's speculation that the reason that we got out of Iraq was cuz we finally found the equivalent of 300 billion barrels of oil there.

Becuase it is now secured, we can leave. There is plenty of oil.


[-] 1 points by SOBEN (2) 11 years ago

we need to occupy big oil company!!!!

[-] 1 points by SOBEN (2) 11 years ago

I agree look at the big oil company they are raking in record profit while the 99% are struggling with paying for students loan, mortgage, medical insurance, and put foods on the table. Why are we allowing this? Why isn’t the government doing anything about this?


[-] 1 points by MattLHolck (16833) from San Diego, CA 11 years ago

sudoname (Berkeley, CA) 2 points 7 days ago

Yeah, we must fear terrorism! Isn't it more likely to die from getting struck by lightning? I don't believe we're there for oil - oil is a convenient excuse for the masses to blame wars on. I believe it's plain and simple conquest, because wars help the bankers since they put both sides of the war in debt.

[-] 1 points by houseofpayne55 (7) 11 years ago

Oil companies do not drive up the price. It is the international market. They make a lot of mistakes, but they definitely do not drive up the prices.

[-] 1 points by phasing (72) 11 years ago

The end of oil is coming and the 7billion person population is entirety oil supported.

You either:

  • know what to do
  • don't know what to do but want to learn what to do
  • think people are indestructible and don't give a fuck

These are with no exception, so I ask : which are you?

The rocky plateau is behind us, do you now what that is? Watch out for the transition, that's what's going to get you.

The hills have eyes

[-] 1 points by MattLHolck (16833) from San Diego, CA 11 years ago


underneath the sea

your well may seem to be

like a blooming black plume belching smoke in the sky

though the smoke is rather thick

all the sea creature are sick

and don't eat the fish unless you're looking to die



drill deep offshore

an oiling we will go

we will go an oiling a spoiling away

blown high down low

the oil it will spill

for many a many a long long day

for many a many a long long day



some are quick to blame BP

but we give them our money

cause if you're stuck in a rut a car can help you get free

and when you're a rush

who wants to ride the bus

so let's raise a toast to the oil industry



the second largest proven reserve

everyone got what they deserved

and everyone knows that gasoline ain't free

and if you want some more

you'd best declare a war

and sell them a bit of selfish democracy

[-] 1 points by AreWeStillInOz (8) 11 years ago

La La Laaaaaaaa I fell like I'm back in Oz! More pot, anyone?

[-] 1 points by AreWeStillInOz (8) 11 years ago

Well, we would have liked that song in Oz.. maybe...

[-] 0 points by Rob (881) 11 years ago

I would be more concerned about "big green" at least big oil puts money in the system, but big green takes it by subsidies.

[-] 1 points by jph (2652) 11 years ago

"big green"? lets see some numbers,. put up the values of the big 3 oil corporations,. and the big 3 green corporations,. lets see the welfare and the earnings,. lets calculate the damage done "extracting" oil and the restoration done by the "big green" you seem to be against,.

why is it you seem to come out on the wrong side of every argument?

[-] 1 points by Mooks (1985) 11 years ago

ExxonMobil is one of the most widely held stocks in America. Millions upon millions own XOM through pensions, 401Ks, and IRAs because it makes up a portion of nearly every major board market mutual fund or ETF. Millions more own it directly by purchasing shares by themselves. These are middle class workers.

Obviously the executives own more of the stock but when XOM does well, American investors do well, regardless of how much you have invested. It has a high float, which basically means a higher percentage of XOM stock is not held by insiders when compared to other major corporations. A lot of that $10 billion in profit goes out to middle America through dividends, stock buybacks, and capital growth. It has an extremely high float, mea

[-] 0 points by Rob (881) 11 years ago

Let me get back to you on this, seriously. My wife has the numbers as she did a research paper on this for her senior year econ class at UGA.

[-] 1 points by jph (2652) 11 years ago

yeah, I'm sure the threat of "big green" is a menacing one,. however I am much more concerned with the activities of the large resource extraction corporations,. and the damage they do daily. as I am sure it is a much large in numbers and import than promoting green energy..,

[-] 1 points by phasing (72) 11 years ago

You will be the first to go, good luck

[-] 0 points by Rob (881) 11 years ago

Go where?

[-] 1 points by phasing (72) 11 years ago

Your inability to get a clue is a barometer of the general intelligence of the sheeple. I'm not trying to be a dick but I actually feel sorry for you

[-] 0 points by kestrel (274) 11 years ago

really... only buy oil from your neighborhood wildcat driller / refiner.