Sickening...
Exxon Mobil profit rises on soaring prices
While some people (conservative republicans who have sold their souls to capitalism) scream at the top of their lungs that Exxon-Mobil is justified in their billion dollar profits... I just don't buy it. Much like the pensions that have been widdled away to pay off company debts, while greedy-CEO's who can't get by on less than $10 million a year get pay raises... tell me how that helps everyone???
The flip side to the whole rising gas price problem is that perhaps, we as Americans will stop being the wasteful society that we have become. We are obviously thinking twice about taking our gas-guzzling SUV's on a road trip this summer, and even getting to work is becoming a financial burden on many people, and these are our working class people who don't have stockpiles of extra funds to finance their trips to work every month. Will local governments do more to get the ball rolling on implementing more public transportation? Will more people USE the public transportation that is available to them? I'd always get sick to my stomach driving to work in Raleigh, NC seeing miles and miles of backed-up traffic heading into the Research Triangle Park.. so many people going in the same direction, and there is even public transportation available around the area, yet so few people used it! Maybe the rising gas prices will help our American mindset switch over to more of a 'waste not, want not' philosophy in regards to the way we spend our money and how we conserve energy. Although, I understand that is my naivete showing through there... like THAT will ever happen here in this country full of wasteful mindless spenders!
I'm all up for governmental control of the gasoline/fuel industry.. it's getting ridiculous. If electricity isn't a commodity up for being bought and sold by people who have no idea what exactly what it takes to create those 60kw of juice coming through your lightbulb, then I am all up for governmental control/regulation of the oil market. With the oil companies profits skyrocketing on top of the rising prices due to higher standards for emissions imposed by the government, as well as all the taxing that is done to gas... the government needs to step in and do something before we have a class of people who can't get to work because they can't afford to drive!
Here is an interesting article (from 2005) I stumbled across this morning:
Taxing America Clean?











