Is the cost of energy (gasoline, electricity, natural gas, etc) affecting you?

Is the cost of energy (gasoline, electricity, natural gas, etc) affecting you?

  • No, I make so much money it really doesn't matter to me and my Hummers.

    Votes: 0 0.0%

  • Total voters
    14
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M

Mike Smith

#22
I make so much money now, after investing in Exxon, that it really does not affect me.

Seriously, I voted that it does affect my budget and it hurts more and more every day. I see things as only getting worse unless alternative solutions are forthcoming.
 
K

Ken K

#23
I commute 400 miles a week to get to work which is starting to strain the wallet quite a bit. It takes about $60.00 worth of gas. Add the cost of electricity and natural gas and the budget takes quite a hit.

I guess the thing that really bothers me is the obscene profits the energy companies are making. They can pretty well set their prices where they wish. If only we could do the same thing...:( Hey boss...I need an extra 1000 bucks this month.
 
J

JerryStem

#24
I remember the headlines a few weeks/months ago about oil companies & record profits... Alltime highest of any company. Top execs taking home hundreds of millions in bonus packages.

And these were reported as PROFITS, which to me means AFTER you pay for all the stuff it takes to get your product from start to finish...

Jerry :mad: :argue: :nopity:
 
C

Craig H.

#25
Sure the profit numbers are mind boggling. BUT..

We should not be looking at the raw profit numbers. They titillate, but really tell us NOTHING!!!

What we should be looking at is Return on Investment (ROI). Think those oil drilling platforms are cheap? How about refineries and tankers? The industry is very capitol intensive. That capitol will not come if the return is lousy. It is that simple. Here is an opposing view:

http://home.entouch.net/dmd/costofoil.htm

Historically oil has been a not-so-good investment, compared to some others.

Also, if you think that the public oil companies (Exxon Mobil et. al.) are raking it in, how do you think the government-controlled oil companies are doing? We stand a very small chance of ever finding out.

Without getting political (I may have already crossed that line) I think that a little slight of hand is being played by a sensationalistic media.

JMHO
 
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