hypratt

The T. Boone Pickens Approach

Everyone always talks about all of the $$$ that go overseas when the price of oil goes up. Here is something to consider: Exxon, Chevron and Conoco all rake in huge profits and use that money to buy back their shares instead of putting it into solutions that would be good for the country (and themselves) like T. Boone Pickins. When the price of oil went up from $125 to $147 per barrel the price of gasoline went up 65 cents per gallon and yet now that oil has come back down to $125 per barrel gas has come down 10 to 15 cents per gallon. Maybe it is time that we nationalize the oil industry like Hugo Chavez did. After all, we still subsudize these same oil comglomerates to the tune of $1 billion.
Ever heard of the Ice Age? One theory that it was caused by a huge meteor. Maybe someone should be working on creating a man made one to lower the warming trend. Climate change happens all of the time.