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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Dan B. who wrote (76192)	5/12/2006 2:08:19 PM
From: Cogito	Read Replies (1) \| Respond to of 81568

>>Oil Companies spend heavily to keep it coming, and these capital expenditures deduct from your so-called profits. Refining has been a business experiencing both losses and profits in given years. It's not bright to attempt to cut the profits via government intervention when they can be had.<< Dan - "So-called profits"? Get a grip, Dan. The fact that the oil companies have been making record profits, despite hurricanes and rising prices for crude, is a matter of public record. I haven't suggested that the government should intervene to reduce the oil companies' profits. I only said that they don't need subsidies from the government in the form of tax cuts, and that giving them such subsidies when the deficits are so high is poor policy. - Allen