hughee99
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Fri May-19-06 01:23 PM
Response to Reply #10 |
| 12. Is Exxon the only company that would be affected by this? |
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Edited on Fri May-19-06 01:42 PM by hughee99
It would seem that GULF, BP Amoco, Shell, Gulfstar, Chevron, and Texaco all have wells in the Gulf, though I can't say for sure who has leases with the US government. Imagine that same landlord owns most if not all of the farms in the area. Those farmers can try to pass off the increase as 2 or 3 cents more per ear of corn, and with many other farmers in the same situation, the price change might not be very noticeable.. This may not be enough to get people to no longer buy corn from those farmers. Farmers who are not affected may even take this opportunity to raise their prices by a few cents and increase their profit margin.
On Edit:
Sorry, it looks like all those companies drilled at one time, although I can't say for sure which wells are still under lease.
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| -NYT: (Bi-partisan) Vote in House Seeks to Erase Oil Windfall |
DeepModem Mom |
May-18-06 09:19 PM |
#0 |
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YES!!! |
dionysus |
May-18-06 09:22 PM |
#1 |
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Let's see what really happens. |
acmavm |
May-18-06 09:26 PM |
#2 |
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I'm not holding my breath |
radfringe |
May-20-06 04:05 AM |
#22 |
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If this bill passed, I bet Bush would sign it and then issue one of his |
neverforget |
May-18-06 11:59 PM |
#3 |
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So, how does this reduce the price of oil? |
toopers |
May-19-06 07:44 AM |
#4 |
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EXACTLY!!! |
hughee99 |
May-19-06 09:08 AM |
#5 |
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I thought the price of oil was controlled by the market? |
denverbill |
May-19-06 09:37 AM |
#6 |
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Why wouldn't taxing the oil affect what the consumer pays? |
toopers |
May-19-06 11:18 AM |
#7 |
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That's a tax on gasoline, and that's totally different. |
denverbill |
May-19-06 11:55 AM |
#9 |
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Has Exxon's profit margin increased? |
toopers |
May-19-06 12:22 PM |
#11 |
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Well, yes, it's tripled. |
denverbill |
May-19-06 02:22 PM |
#14 |
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It still doesn't mean their profit margin has increased . . . |
toopers |
May-20-06 02:01 AM |
#21 |
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OK, how about we use common sense then? |
denverbill |
May-20-06 09:50 AM |
#23 |
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I agree, let's use some common sense . . . |
toopers |
May-20-06 07:17 PM |
#24 |
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It is supply and demand |
hughee99 |
May-19-06 11:25 AM |
#8 |
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How exactly do the 'demand' more for their oil? |
denverbill |
May-19-06 12:13 PM |
#10 |
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Is Exxon the only company that would be affected by this? |
hughee99 |
May-19-06 01:23 PM |
#12 |
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If every single company in the Gulf had the same increase, |
denverbill |
May-19-06 02:03 PM |
#13 |
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Makes sense... |
hughee99 |
May-19-06 02:23 PM |
#15 |
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It won't directly help the consumer or lower gas prices. |
denverbill |
May-19-06 02:33 PM |
#17 |
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Is it necessarily 10 billion that you don't have to pay, though? |
hughee99 |
May-19-06 02:51 PM |
#18 |
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There's no guarantees, especially with the pandering party in charge. |
denverbill |
May-19-06 04:37 PM |
#20 |
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This is oil and gas from PUBLIC LANDS |
jpak |
May-19-06 02:27 PM |
#16 |
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I don't have a problem with them paying more... |
hughee99 |
May-19-06 04:19 PM |
#19 |
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it doesn't but it DOES give US taxpayers $ for oil leases so we have |
wordpix2 |
May-20-06 07:47 PM |
#25 |
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