Seeking Alpha

Joethecarbuyer » Comments » XLE

  • Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits? [View article]
    Vikram
    Feeble argument about US troops in Iraq protecting oil companies...were the Iranians or their Shia allies to take over
    Iraq, world oil prices would go up. Wouldn't that be better for Big Oil?
    By the way, has any U.S. oil company been seen operationg in Iraq?
    Another point, did the U.S. government intercede to help U.S. oil companies whose properties were nationalized in Venezuela or the FSU? Did I miss something?
    Did you not watch Harry Reid's speech this week, he and his democrat buddies hate energy. They love that the high prices are discouraging consumption...this was their plan all along. Only they want a cut of the energy profits....profits they helped create by blocking energy development.
    For 20 years they have blocked drilling, fossil fuel elctrical plants, refineries and nuclear plants. Now they have us where they want us.
    Congratulations Harry.
    Jul 03 14:31 pm |Rating: 0 0 |Link to Comment
More on XLE by Joethecarbuyer
Comments by Ticker
Joethecarbuyer's
Comments Stats
3 comments
Rating: 1 (2 - 1 is )