wrote in message
oups.com...
On Jun 7, 10:32 am, "gatt" wrote:
"M" wrote in message

oups.com...

I agree with you that high gasoline price maximizes oil company
profit. However as a pilot you can easily hedge on that by buying oil
company stock,

And if you pay the mob, thugs won't keep trashing your store.

I'm quite certain that I made far more from the oil companies than what
I
paid
extra for the fuel, and I only have a small part of my 401k in the
energy sector.

I have an ethical problem with the idea that the way to combat corrupt
practices and preditorial pricing--which hurts the American economy--is
to
invest in it.

Sorry. My conscience prevents me from doing that.

-c

There's nothing predatory about it. We have about the cheapest gas in
the developed world, by far.

And the "high profits" go a long way to insure we continue to have "cheap
gas".

They don't come get your money--you drive to them and willingly give
it to them, generally in an inefficient car that has more available
horsepower than a small airplane and more cupholders than a country
bar.

I use my SUV to go to the corner store to buy tooth picks...one at a time.


The American economy has been hurt by its becoming drunk on cheap
energy instead of learning to do things efficiently, in terms of
outright efficiency as well as lifestyle.

In the US, fuel consumption per GDP is down; everywhere else it's UP.

Hangovers hurt, but they do
serve their purpose.

Maybe to go and get more petrol.

We could produce ten times more than we could "conserve".