|
As a matter of disclosure: I own Exxon stock.
I am a conservative; I believe in capitalism, free enterprise, supply and demand.
I believe in making a buck; believe in less government, low taxes,
BUT,,,
When I hear about big oil making record profits at the expense of the American consumer, I can help but wonder if the moral and ethical thing to do would have been for big oil to lower prices to help the American Consumers during the recent run up of gasoline prices.
Are the big oil companies going to take those huge and some say "ill-gotten" profits and look for more oil and build more refineries? The cynical side of me says "NO" !
Are the big oil companies going to give that money to their executives in the form of higher salaries and bonus's and higher dividends to stockholders ? The cynical side of me says "YES" !
Are we Americans being screwed ?
|
Threaded Mode
