Wolf probes cause of mysterious sheep deaths

[RebootedCorpse]

Bush Orders Price Probe, Halts Oil Reserve Deposits (Update1)
April 25 (Bloomberg) -- President George W. Bush has ordered the Justice Department to look for possible manipulation of gasoline prices and announced he is halting deposits to the nation's strategic oil reserve in response to rising prices.

``The first thing to do is to make sure Americans are treated fairly at the gas pump,'' Bush said. ``This administration is not going to tolerate manipulation.''

The administration and Congress are under pressure from voters who are facing gasoline prices that are 31 percent higher than a year ago. A CNN poll released yesterday showed 69 percent of U.S. adults say higher fuel costs are causing financial hardship.

Energy experts predict gas prices will remain high over the summer, Bush said. ``That's going to be a continued strain on the American people,'' he said.

[Ben]

I saw the AP's headline for this story and, for some reason, I thought it would be some great new bold proposal to move towards ethanol like Brazil. But no, it was just more of the same vague crap he always shits out of his mouth.


"Taxpayers don't need to be paying for certain of these expenses on behalf of the energy companies," Bush said.

[Ray G.]

The title is mildly amusing.

[PoWerSurge]

So, here's what raised red flags on this with me that I would love to have someone tell me I'm wrong

1) He decreased deposits into the oil reserves -- this allows for more supply, but, as a consequence, allows more for the oil companies to produce. What it doesn't do is lesson demand. The summer month's, demand is always at it's highest.

2) He decreased environmental requirements for the oil companies -- He's been pushing for this for a long time anyway, and it doesn't do anything for the cost, because the oil companies have long been critisized for exagerating the consequence of these procedures on their bottom line, when their profit last year was huge. Exon's profit's ROSE 34% to $7.64 BILLION DOLLARS! They can afford to take the hit on these requirements.

[Matt Jay]

2) He decreased environmental requirements for the oil companies -- He's been pushing for this for a long time anyway, and it doesn't do anything for the cost, because the oil companies have long been critisized for exagerating the consequence of these procedures on their bottom line, when their profit last year was huge. Exon's profit's ROSE 34% to $7.64 BILLION DOLLARS! They can afford to take the hit on these requirements.
That is mind-blowing.

"Maybe if we give the companies more money, they'll decide to lessen their profits."

[PoWerSurge]

That is mind-blowing.

"Maybe if we give the companies more money, they'll decide to lessen their profits."

And I'm Republican, I'm all for free trade and money mongering, but also I am for industry regulation to prevent monopolist thinking. While there are several oil companies, their interests as a whole are over represented

[RebootedCorpse]

And I'm Republican, I'm all for free trade and money mongering, but also I am for industry regulation to prevent monopolist thinking. While there are several oil companies, their interests as a whole are over represented
You, sir, sound more like a Dem these days. Or a Reprublican pre-Reagan.
I mean this as a compliment.;)

[PoWerSurge]

I'm very middle ground :)