Waiting for action

Oil Will Peak at $150-200 - Barron's Interview

Looks like the issue will be divided again... The Republicans on the get more product and use supply and demand to solve it and the Democrats on the other - tax the "Big Oil" companies and do nothing about supply - hit the consumer in the pants for being too wasteful and the best - wait another 100 years to act on this issue...

Get real... Windfall Profits Tax did not work last time and it will not work now. The only thing that will work is working hard to produce what we have and find an alternative to the black stuff!!

Our elected officials need to be held accountable for this mess... We should demand that they use every means possible to let the world know, especially the other producers, that we the largest consumer will not be held hostage by them. Open up the flood gates and start drilling and refining some US oil from any place we have reserves....

Another thing... Why can Hugo Chavez and Castro drill 50 miles off Florida and we can't?

Who is better at making sure we do not create an environmental problem? The US producers that we can control or Chavez/Castro who we have not been able too???????

Exxon's 2007 Tax Bill: $30 Billion

Looks like the issue will be divided again... The Republicans on the get more product and use supply and demand to solve it and the Democrats on the other - tax the "Big Oil" companies and do nothing about supply - but hit the consumer in the pants for being too wasteful...

Get real... Windfall Profits Tax did not work last time and it will not work now.

Our elected officials need to be held accountable for this mess... We should demand that they use every means possible to let the world know, especially the other producers, that we the largest consumer will not be held hostage by them. Open up the flood gates and start drilling and refining some US oil from any place we have reserves....

Exxon's 2007 Tax Bill: $30 Billion

I have read all these comments and it seems to me we are spending too much time worrying about Exxon and their profits... Hopefully an American company can make a profit and hopefully spend some of it here....

The real issue should be all of you picking up a pin and writing your Senator and Congressman and demanding that they do whatever is necessary to become energy independent. That includes building refineries in the US, opening up "every" reserve we have within US control and doing everything we can to stick it up the real problem, foreign producers and countries, like Venezuela and Iran, who are speculating on oil futures and making a bundle on it....

Why is our government not acting with a single front and confronting the head on? We have some of the largest reserves of oil and natural gas on the earth and “will not product them”!!!
If you want to change the dynamics, tell the world we will produce them and refine them and keep it all for ourselves……..