Why we are still driving gasoline powered cars ...
Today Exxon Mobil announced it's quarterly earnings. $10.36 billion dollars.
Yes, billions. Yes, that figure is Exxon's PROFIT, not it's revenues for the second quarter of this year.
On the heels of yesterday's announcement from ConocoPhillips of a profit of a paltry $5 billion, is it any wonder that alternative fuel solutions are still years away?
On the one hand, I'm glad for this news - perhaps consumer outrage will finally prod a bought and paid for Congress to (a) end corporate welfare and (b) provide the funding needed for research of alternative fuels.
On the other hand, of course I'm outraged - those profits are at the expense of the average American consumer.
And to those who voted for W, I say you have no right to complain about how much it is costing to fill your tank. When you elect an oilman as a president, do you really think he's going to turn on his friends and push for the obsolescence of their industry? If you're going to vote for a "CEO" president, don't act all surprised when he is more concerned about the health and welfare of businesses over yours.
Yes, billions. Yes, that figure is Exxon's PROFIT, not it's revenues for the second quarter of this year.
On the heels of yesterday's announcement from ConocoPhillips of a profit of a paltry $5 billion, is it any wonder that alternative fuel solutions are still years away?
On the one hand, I'm glad for this news - perhaps consumer outrage will finally prod a bought and paid for Congress to (a) end corporate welfare and (b) provide the funding needed for research of alternative fuels.
On the other hand, of course I'm outraged - those profits are at the expense of the average American consumer.
And to those who voted for W, I say you have no right to complain about how much it is costing to fill your tank. When you elect an oilman as a president, do you really think he's going to turn on his friends and push for the obsolescence of their industry? If you're going to vote for a "CEO" president, don't act all surprised when he is more concerned about the health and welfare of businesses over yours.
Posted at 1:25 PM on
Thursday, July 27, 2006
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Why we are still driving gasoline powered cars ... |
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