wrote in message
ups.com...
If you follow this link:
http://tonto.eia.doe.gov/dnav/pet/hist/a103600001m.htm

You will see that the gas deliveries in Mar 2007 are lower than they
were in Mar 1984. This is despite the claims by oil companies that
they have been constantly expanding their refining capacity, and the
reason for the over $3.00 a gallon pricing is due to refining
capacity.


If you think about how the various scams work, consider that every year
during the holidays the price goes up because the demand goes up, and the
industry says it has to raise the prices to keep up with the demand.

So they KNOW there's going to be an increase in demand Memorial Day and
Labor Day weekend year after year after year...but there's always a supply
shortage during those weekends so prices rise.

It would be far less detrimental to the American economy if the geniuses
that run the oil companies determined in FEBRUARY that there would be an
upturn in sales on Memorial Day weekend, and had the product ready for the
market in sufficient quantity to match that demand.

Not so much money in that, though. So the oil companies continue to make
record quarterly profits (record in terms of the entire history of human
civilization, quarter after quarter), but somehow they're never prepared to
increase production and supply in time to prevent America from being bent
over at the pump every summer holiday.

Add to that the fact that crude oil is $10 a barrel less this year than it
was last year, and you can figure that the oil
companies are going to report huge profits this year...

Guys who bring this up on or.politics are usually called socialists,
communists, or America-hating lieberals, and the advice they're given is to
invest in XOM. To me, that's tantamount to investing in organized crime.
At some point we're either going to force them to put the national interest
over record oil prices, or pull a Chavez and nationalize it. I'm not being
a big-government socialist when I say that the federal bureaucracy could run
the oil industry at lower user cost. (Not necessarily more efficiently,
but in ways that are less damaging to the US economy, transportation
industries, etc.)


-c