Personally, I don't have a problem with the oil compaines making a profit. I think it is important that they do in order to stay in buisness. What I do have a problem with is when they are making a HUGE profit (in the 10's of BILLION's) while people are having to decide on eating versus filling their tank.
I also understand the prinicpals of supply and demand, which I do think affects prices of oil somewhat, but something just smells funny about all of this. They knew they could get away with >$3 per gallon last year due to the hurricanes...good excuse. Now they are doing it without any excuses, 'cause they know we'll pregnant dog about it, but will keep on buying regardless the price.
The only problem I see with the tax that one senator is planning, is that the only group that will benefit from it is the government, who already take too damn much of my money.
OK, I'm done ranting.
Cheers
Erik
