The Jetfuel Conspiracy

[Gulf-front]

And who's fault IS that?

FlyFastLiveSlow, You are now on my ignore list. "May GOD have mercy on your soul"!

 

[Ticker]

http://www.slate.com/id/85223/

 

[Smacktard]

Nationalize the industry, make these greedy bastards work for us by taking away the private profit motive. All profits can then go into the treasury and be earmarked for subsidizing alternative energys.

Mexico, Saudi Arabia, Venezuela, and Russia have all done this, just to name a few. I'm not one for creating bigger government, but when Oil Companies take record profits( Largest profits in the history of ANY industry/company EVER) and the cost of energy drives the economy further into a recession this can be justified as a way to control it.

Great idea Comrade, next we re-write the Constitution and while we're at it, let's make sure no company makes a profit, put ALL profits into the general fund. I nominate this as the most ridiculous post in FI this month.

 

[atrdriver]

I'm not one for creating bigger government, but when Oil Companies take record profits( Largest profits in the history of ANY industry/company EVER) and the cost of energy drives the economy further into a recession this can be justified as a way to control it.

You need to get some education, fast. The profit margins for oil companies are half that of banks, insurance companies, and many others. The fact that they sell something that EVERYONE needs, and the fact that those people buy a LOT of it is what led to those large profit numbers (not profit margins). But you probably don't know the difference between profit and profit margin, do you? You just listen to all the liberals who want to demonize all those evil oil companies.

 

[Ticker]

You need to get some education, fast. The profit margins for oil companies are half that of banks, insurance companies, and many others. The fact that they sell something that EVERYONE needs, and the fact that those people buy a LOT of it is what led to those large profit numbers (not profit margins). But you probably don't know the difference between profit and profit margin, do you? You just listen to all the liberals who want to demonize all those evil oil companies.

...and, their profit is somewhere around 8 cents / gallon. Our government profit (tax) is a percentage of the dollar ammount of the sale. Currently, that stands at about 50 cents / gallon (over 7 times the oil companies take). When the price goes up, the oil companies profit is still about 8 cents / gallon whereas our lovely gubments take increases as the price goes up.

I for one support profit caps for our lovely gubment!

And lets not forget that the refineries have to make somewhere around 30-40 different summer blends of fuel to pacify the state by state (and sometimes city to city) enviro-facists. How about one summer blend and one winter blend.

If we do need to take control of anything...control Big Gubment!

 

[Smacktard]

Nationalize the industry, make these greedy bastards work for us by taking away the private profit motive. All profits can then go into the treasury and be earmarked for subsidizing alternative energys.

Mexico, Saudi Arabia, Venezuela, and Russia have all done this, just to name a few. I'm not one for creating bigger government, but when Oil Companies take record profits( Largest profits in the history of ANY industry/company EVER) and the cost of energy drives the economy further into a recession this can be justified as a way to control it.

Disregard, it's not worth the effort...

 

[T3700]

Nationalize the oil companies? Why not nationalize all industries? That would allow the government to decide what we are paid and what we may consume.

If we nationalized the auto industry, govt employees, (who are much smarter than the rest of us), could set a standard for automobile production producing only a few styles of fuel efficient autos. The government could assess your need and determine which model you would be authorized to buy. SUVs could be eliminated in one fell swoop!

The Government could require passes in order to drive your personal vehicle between cities, that would reduce oil consumption!

We could set up huge housing complexes in the cities in order to get people out of the suburbs so they can commute on public transport.

Wait a minute, I think this has been tried before!

 

[Smacktard]

Nationalize the oil companies? Why not nationalize all industries? That would allow the government to decide what we are paid and what we may consume.

If we nationalized the auto industry, govt employees, (who are much smarter than the rest of us), could set a standard for automobile production producing only a few styles of fuel efficient autos. The government could assess your need and determine which model you would be authorized to buy. SUVs could be eliminated in one fell swoop!

The Government could require passes in order to drive your personal vehicle between cities, that would reduce oil consumption!

We could set up huge housing complexes in the cities in order to get people out of the suburbs so they can commute on public transport.

Wait a minute, I think this has been tried before!

Something along the lines of "...except for communism, nazism, and fascism, war never solved anything". Isn't that someone's signature in here?

 

[JFReservist]

Well... its nice to know I'll have company in the 're-education centers' when one of the three socialists takes over.

 

[Two Feathers]

One thing that is certain is that the days of cheap, abundant oil WILL end. Our way of life will change dramatically.

With the consolidation frenzy begun, eventually whoever is left standing will have to charge at least the cost of a flight. Those prices will be significantly higher than current levels and most likely sap demand considerably. That would translate to many more of us losing our jobs.

Even at the current cost for fuel the picture doesn't look all that pretty for our industry. Double it again and things are gonna get down right ugly.