Is the oil industry unfairly demonized?

[I spent the winter writing songs about getting better]

Inspired by comments in the thread about Obama's new attack ad.

Anyway I vote no, and I love how they're such a reliable target for the Democrats that usually pays off.

[??????????]

Yes, they make a profit for a commodity they sell, just like any other corporation. If you want to go after anyone go after dairy farmers and processors, they're really taking Americans to the bank.

[Sbane]

Yes... its really the people who actually own the oil that are at "blame". Exxon is a bitch corporation but anybody who owns gas stations is losing money right now. Exxon of course like any good evil corporation ditched their gas stations right when they started losing money. Now they can join the saudis in making insane profits.

[Associate Justice PiT]

     Yes. A large portion of the industry consists of total assholes, but they're providing an essential product nevertheless. I'd like to see our economy survive without the oil industry.

[Bono]

Exxon’s profit margin stood at 10% for 2007, which is hardly out of line with the oil and gas industry average of 8.3%, or the 8.9% for U.S. manufacturing (excluding the sputtering auto makers).

[Filuwaúrdjan]

Not really, no. Though I suspect it's often demonized for the wrong reasons.

[NDN]

Not really, no. Though I suspect it's often demonized for the wrong reasons.

[??????????]

Yes... its really the people who actually own the oil that are at "blame". Exxon is a bitch corporation but anybody who owns gas stations is losing money right now. Exxon of course like any good evil corporation ditched their gas stations right when they started losing money. Now they can join the saudis in making insane profits.

The government makes even more insane profits off of oil.

[JSojourner]

I'm not sure they are demonized enough, frankly.

[??????????]

I'm not sure they are demonized enough, frankly.

How much is enough? Should the left keep demonizing them until they become nationalized? (as has been suggested by Democrats)

[Sbane]

Yes... its really the people who actually own the oil that are at "blame". Exxon is a bitch corporation but anybody who owns gas stations is losing money right now. Exxon of course like any good evil corporation ditched their gas stations right when they started losing money. Now they can join the saudis in making insane profits.

The government makes even more insane profits off of oil.

Our government??? Are you talking about gas taxes hahaha. I agree that the governments of countries like Venezuela and Saudi Arabia are making a lot of profit but not ours.

[dead0man]

Our government??? Are you talking about gas taxes hahaha. I agree that the governments of countries like Venezuela and Saudi Arabia are making a lot of profit but not ours.

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[??????????]

Our government??? Are you talking about gas taxes hahaha. I agree that the governments of countries like Venezuela and Saudi Arabia are making a lot of profit but not ours.

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Thanks Deadman but he'll still find some way to discredit it. That's what leftists do because they can't face facts.

[dead0man]

..and I don't think that's counting "gas taxes" that we pay at the pump.  It's obvious who's making a killing here.

[Person Man]

     Yes. A large portion of the industry consists of total assholes, but they're providing an essential product nevertheless. I'd like to see our economy survive without the oil industry.

That sounds like the most reasonable post here. They're a certainly a buncha old assholes who need a good ol' fashion ass beating, but demonizing might not be the right way to deal with the situation.

[7,052,770]

I'm not sure they are demonized enough, frankly.

^^^^^^^^^

[JSojourner]

I'm not sure they are demonized enough, frankly.

How much is enough? Should the left keep demonizing them until they become nationalized? (as has been suggested by Democrats)

Seeing as how I favor strict price controls on products Americans must have to live, I suppose I'd be pretty open to nationalization.

(There's a reason GM says I am to the left of Mao! LOL)

[Grumpier Than Uncle Joe]

I'm not sure they are demonized enough, frankly.

How much is enough? Should the left keep demonizing them until they become nationalized? (as has been suggested by Democrats)

Seeing as how I favor strict price controls on products Americans must have to live, I suppose I'd be pretty open to nationalization.

(There's a reason GM says I am to the left of Mao! LOL)

My friend you make Mao seem like Reagan.    But you're still the best.

[Kaine for Senate '18]

I'm not sure they are demonized enough, frankly.

^^^^^^^^^

[Sbane]

Our government??? Are you talking about gas taxes hahaha. I agree that the governments of countries like Venezuela and Saudi Arabia are making a lot of profit but not ours.

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Do they pay a higher tax rate than any other corporation? No? Ok. Is is something unusual for a corporation to pay taxes? Thankfully we haven't got rid of those yet.

[Sbane]

Our government??? Are you talking about gas taxes hahaha. I agree that the governments of countries like Venezuela and Saudi Arabia are making a lot of profit but not ours.

link

You must be logged in to read this quote.

Thanks Deadman but he'll still find some way to discredit it. That's what leftists do because they can't face facts.

HAHA leftists can't face facts? Judging from your social score I bet you don't even "believe" in evolution and I am the one who can't face facts. LOL. Anyways you should check out what I write about global warming and nuclear power. I definitely think reality should be factored in while making decisions.

[ChrisFromNJ]

I'm not sure they are demonized enough, frankly.

^^^^^^^^^

[Хahar 🤔]

I'm not sure they are demonized enough, frankly.

^^^^^^^^^

[Person Man]

Our government??? Are you talking about gas taxes hahaha. I agree that the governments of countries like Venezuela and Saudi Arabia are making a lot of profit but not ours.

link

You must be logged in to read this quote.

Thanks Deadman but he'll still find some way to discredit it. That's what leftists do because they can't face facts.

HAHA leftists can't face facts? Judging from your social score I bet you don't even "believe" in evolution and I am the one who can't face facts. LOL. Anyways you should check out what I write about global warming and nuclear power. I definitely think reality should be factored in while making decisions.

You know what? I bet he still believes in the TOOTH BEAVER... at any rate, this picture seems appropriate.

[dead0man]

Our government??? Are you talking about gas taxes hahaha. I agree that the governments of countries like Venezuela and Saudi Arabia are making a lot of profit but not ours.

link

You must be logged in to read this quote.

Do they pay a higher tax rate than any other corporation? No? Ok. Is is something unusual for a corporation to pay taxes? Thankfully we haven't got rid of those yet.

One of us is confused, wasn't your point that they don't pay enough taxes in the US and that they pay a ton to Ven. and SA?