02-26-2013, 05:14 PM
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#65
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Drives: 2011 Inferno Orange SS Convertible
Join Date: Apr 2012
Location: Tyrone, PA
Posts: 640
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Quote:
Originally Posted by jd10013
lol. you do realize the oil companies make less money off a gallon of gas then anybody, right? federal tax alone is probably 5x what the oil company makes off it. and then there's state and local taxes, wholesale taxes, station profits, and the 3% the credit card companies make since most of us pay with plastic.
but yea, lets cap profits and prices, just like we did in the 70's. I'm going to assume your too young to remember what happened, but the result was long lines at the station, even odd filling days, and limits on how many gallons you could buy. when told how much they could sell their product for regardless of costs the oil companies cut back production and sold more outside the US where those restrictions didn't apply.
I guess the saying is true, to forget history is to be doomed to repeat it.
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Exxon Mobil profits over $16,000 per second. I won't argue with you. I just know that is too much profit, and we are the ones paying it.
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2011 SS IOM Vert. ECS Vortech 13+ psi, Water/Meth, ID850’s, ZL1 pump with MSD Voltage Booster, 2800 stall, LT headers, Drag radials, Drag alignment, Cradle Bushings. A million other supporting mods. Tuned by Ted.
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