Page 3 of 3 FirstFirst 123
Results 21 to 25 of 25

Thread: Gasoline prices are not too high

  1. #21
    Inactive Member LanDroid's Avatar
    Join Date
    April 13th, 2001
    Posts
    1,026
    Follows
    0
    Following
    0
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quoted
    0 Post(s)
    GL: WTF? We're nowhere NEAR the 10,000 to 1 ratio you wanted killed after 9/11! We have to keep going in Iraq and Iran until that number is exceeded! I can't believe you're wimping out already!

  2. #22
    Inactive Member cincygreg's Avatar
    Join Date
    April 17th, 2001
    Posts
    7,366
    Follows
    0
    Following
    0
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quoted
    1 Post(s)

    Post

    How about this.


    Senators to push for $100 gas rebate checks
    Under proposal, every U.S. taxpayer would get one

    From Dana Bash
    CNN

    Thursday, April 27, 2006; Posted: 5:44 a.m. EDT (09:44 GMT)

    Filling your car with gas these days can be an eye-opening -- and a wallet-emptying -- experience.

    WASHINGTON (CNN) -- Every American taxpayer would get a $100 rebate check to offset the pain of higher pump prices for gasoline, under an amendment Senate Republicans hope to bring to a vote Thursday.

    However, the GOP energy package may face tough sledding because it also includes a controversial proposal to open part of the Arctic National Wildlife Refuge in Alaska to oil exploration, which most Democrats and some moderate Republicans oppose.

    Democrats are also expected to offer their own competing proposal, as members of both parties jockey for political position on the gas price issue.

    The energy package, sponsored by Sens. Charles Grassley of Iowa, Ted Stevens of Alaska, Pete Domenici of New Mexico and Rick Santorum of Pennsylvania, will be offered as an amendment to an emergency spending measure now before the Senate funding the Iraq war and hurricane relief, according to a senior GOP leadership aide.

    Under Senate rules, either the GOP amendment or the Democratic alternative would probably need 60 votes to pass, which is considered unlikely. However, the amendments would give senators a change to cast votes on measures designed to help constituents being hit by high gas prices.

    As outlined by the senior GOP leadership aide, the energy package would give taxpayers a $100 rebate, repeal tax incentives for oil companies and allow the Federal Trade Commission to prosecute retailers unlawfully inflating the price of gasoline.

    The measure would also give the Transportation Department authority to issue fuel efficiency standards for passenger vehicles, expand tax incentives for the use of hybrid vehicles and push for more research into alternative fuels and expansion of existing oil refineries.

    The GOP senators are also calling on the Bush administration to suspend deposits into the Strategic Petroleum Reserve for six months to increase the nation's oil supply. President Bush announced Tuesday that he would halt new deposits into the reserve until after the summer driving season. (Full story)

    On the other side of the aisle, Democrats on Wednesday called for a new energy bill and federal legislation to punish price gougers.

    "There's no reason why we can't put forth a real energy policy that addresses the needs of this nation," said Rep. Bart Stupak, a member of the House Energy and Commerce Committee, "from gouging to market manipulation to biofuels. We can do it." (Full story)

    And leaders of the Senate Finance Committee on Wednesday asked the Internal Revenue Service to let them examine the tax returns of the nation's 15 largest oil and gas companies, as part of a "comprehensive review" of oil industry profits.

    "I want to make sure the oil companies aren't taking a speed pass by the tax man," said Grassley,

    Interesting idea, but would the seperate those who own cars from others who dont?

  3. #23
    Sheriff Raven Soul's Avatar
    Join Date
    February 12th, 2003
    Posts
    1,516
    Follows
    0
    Following
    0
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quoted
    1 Post(s)

    Post

    Stupid sexy Jumper and his peak oil!

    It's all Jumper's fault. Board members, its time for mob lynching.

  4. #24
    Sheriff Beachcomber's Avatar
    Join Date
    March 26th, 2006
    Posts
    1,352
    Follows
    0
    Following
    0
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quoted
    0 Post(s)

    Post

    Originally posted by Quoth the Raven:
    Stupid sexy Jumper and his peak oil!

    It's all Jumper's fault. Board members, its time for mob lynching.
    <font size="2" face="Verdana, Helvetica, sans-serif">I know where he lives.
    [img]graemlins/thumbs_up.gif[/img]

  5. #25
    Inactive Member cincygreg's Avatar
    Join Date
    April 17th, 2001
    Posts
    7,366
    Follows
    0
    Following
    0
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quoted
    1 Post(s)

    Post

    It's a good thing that things like this are going on to keep prices down SHEESH!

    Chevron profit jumps 49% to $4 billion, nears company record

    SAN RAMON, Calif. (AP) ? Chevron's (CVX) first-quarter profit soared 49% to $4 billion, joining the procession of U.S. oil companies to report colossal earnings as lawmakers consider ways to pacify motorists agitated about rising gas prices..
    The number two U.S. oil company's net income, reported Friday, translated into $1.80 a share, two cents above the average estimate among analysts polled by Thomson Financial. That compared with a profit of $2.7 billion, or $1.28 a share, in the same January-March period last year.

    Revenue totaled $54.6 billion, a 31% increase from $41.6 billion last year.

    If not for continuing production problems caused by Hurricanes Katrina and Rita last summer, Chevron said it would have made an additional $300 million ? an amount that would have generated the highest quarterly profit in the company's 127-year history.

    As it was, the performance marked the fourth consecutive quarter that Chevron has earned at least $3.6 billion as the company continued to capitalize on oil prices that have climbed above $70 per barrel since the first quarter ended.

    The run-up recently has pushed gasoline prices above $3 per gallon, much to the frustration of consumers and politicians looking to win votes in an election year.

    Chevron released its results after two of its biggest rivals, ConocoPhillips (COP) and ExxonMobil (EXM), already provoked public outrage with similarly large first-quarter profits. Combined, the three oil companies earned $15.7 billion during the three months of the year.

    Oil and gas companies are enjoying an unusually robust quarter, propelled largely by the surge in oil prices due to fears of supply disruptions and booming demand in Asia.

    Chevron raised its capital and exploratory budget by 76% in the first quarter to $3 billion. The company also it acquired a 5% stake in a joint venture that plans to build a refinery in Jamnagar, India that could process up to 580,000 barrels of oil per day. Chevron is considering boosting its stake in that refinery to 29%.

    "Our company is in an excellent position to continue adding value for our stockholders and helping to satisfy the energy needs of the world economies," Chevron Chairman David O'Reilly said.


    Good to see that SOME PEOPLE wont have any trouble filling their, UH, UM, "Tanks" [img]graemlins/sure.gif[/img] [img]graemlins/whatever.gif[/img]

    <font color="#a62a2a" size="1">[ April 28, 2006 10:33 AM: Message edited by: cincygreg ]</font>

Page 3 of 3 FirstFirst 123

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •