"Matt Barrow" wrote in message ...

"Jay Honeck" wrote in message news:EcP1f.410391$_o.119605@attbi_s71...
The oil companies havent gone into bankruptcy in droves over 20 odd years, if anything they have made money hand
over fist. They have not increased their refining capacity because it would decrease their overall PROFIT margin.
Building new refining capacity to "standard" would drive their incremental cost of production UP, and eat into the
stockholders dividends. But make no mistake, it would still be PROFIT.

You say that like it's somehow wrong. That, my friend, is the Capitalist system.

And that's evidently what he despises!

WHINE !! BITCH!! MOAN!! NOT IN MY BACK YARD!! I want gas! I want cheap gas!! I want this I want that!

Grow the xxxx up, America!!


Not exactly - everyone needs to get used to $6.00 a gallon gas, then the alternative energy possibilities will be cost
competitive. Providing subsidies or tax incentives or old military bases to the oil companies simply puts off the free
market solution. I say let the oil companies run their business like everyone else. All businesses have to put up with
regulations as a part of their doing business.

Every business in the USA is trying for the nirvana 100% capacity utilization. The problem with this in a core utility
business like the oil companies is when a portion of the production capacity is lost then demand will exceed supply.
Maybe the gob's should regulate big oil like the way the utility companies are regulated. Lets see how that flies