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RosieC's Blog

by RosieC from las vegas

Last Post 97 days, 8 hours Ago


Oil Oil Every Where And Not A Drop To.........................
Aug 16, 2008 | 11:38 AM
Category: Political
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Why does it take the threat of OFF Shore Drilling,decreased gas usage and the investors selling off there oil and gas holdings to bring the price of oil and gas down?What happened to oil going to $200 a barrel and gas to $6.00?
Do oil company's realy want off shore drilling?Iguess if they did they would start drilling now on the millions or acre's of already leased oil feilds they have!
Why hasen't the US looked into getting oil from our South American neighbor's such as Venezuala.China has been talking to africa for oil rather the saudi oil.
   Is it because the oil company's are using the old hand trick?They use the left hand to sell to the right hand at a large profit.Then the right hand sells to the it's intermediate company at higher profits .Then to the end user's at another profit.Why do u think the oil companie's made so much profit even with the price of oil being so high.Isn't it suppose to be the reverse?
Don't think with this drop in prices it's all better.We need to make changes now.We only have moved into the EYE of the Storm.We need to prepare for the back end to hit us!
What do u think?
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gimini210 read my blog view my photos
Aug 16, 2008 | 11:01 PM

The truth is businesses are in it for pofit and we need to drill for our own oil so other countries do not dictate what the cost will be. As for the oil companies profits, retirement funds, 401k's and other things like that get a big hit from those same profits. We need to do all we can to develope all sources of energy but we will always need oil as it is the by-product of almost everything we use. It is in rubber, plastic, tar, diffrent acids, and waxes. It is used for the tires on your car, the oil for gears, grease for moving parts, and on and on. Oil is not just fuel but many things in our daily lifes from your bank card to your frozen food pakages. It is used in the plastic bags to the rubber balls. So yes we need to do something and do it now.
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RosieC

I was born in Hawaii.My father was a fire fighter for the military.We moved to las vegas when i was 15yrs old.I was a singel mom for a long time taking care of my son. I'M curently writing 2 books.The first being about Basketball and the 2nd is a childrens book for the love of animals.Check back for the titles and release dates.

Member Since: 6/23/2008


 

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