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On Jun 7, 10:32 am, "gatt" wrote:
"M" wrote in message oups.com... I agree with you that high gasoline price maximizes oil company profit. However as a pilot you can easily hedge on that by buying oil company stock, And if you pay the mob, thugs won't keep trashing your store. I'm quite certain that I made far more from the oil companies than what I paid extra for the fuel, and I only have a small part of my 401k in the energy sector. I have an ethical problem with the idea that the way to combat corrupt practices and preditorial pricing--which hurts the American economy--is to invest in it. Sorry. My conscience prevents me from doing that. -c There's nothing predatory about it. We have about the cheapest gas in the developed world, by far. They don't come get your money--you drive to them and willingly give it to them, generally in an inefficient car that has more available horsepower than a small airplane and more cupholders than a country bar. The American economy has been hurt by its becoming drunk on cheap energy instead of learning to do things efficiently, in terms of outright efficiency as well as lifestyle. Hangovers hurt, but they do serve their purpose. |
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