Big Oil CEO's have been ripping everyone off.... Options

[Dogmeat]

http://money.cnn.com/2006/09/05/news/compa...dex.htm?cnn=yes

NEW YORK (CNNMoney.com) -- Chevron and its partners have successfully extracted oil from a test well in the deep waters of the Gulf of Mexico, an achievement that could be the biggest breakthrough in domestic oil supplies since the opening of the Alaskan pipeline.

The last quote of the article I find the most interesting.

"This is the silver lining of higher oil prices," he said. "If we didn't have higher oil prices, they wouldn't have dared to risk this much capital here."

You mean the rantings of idiot fucktard politicians like Al Gore and moron news reporters clamoring on about how CEO's of big oil companies are jacking up gas prices to line their own pockets are.....*GASP*......COMPLETE BULLSHIT?!?!?

It absolutley amazes me how fucking ignorant %90 of the population in this country is when it comes to the energy industry and how it actually works....The level of technology used in producing crude oil is on par if not greater than shit NASA is doing ...

I've said for years that a huge chunk of the profits major oil companies make is inherently re-invested into finding more oil, but this is the first time I have *EVER* read an article on a major news source that paid even a line of text to that notion ....

[woody]

It absolutley amazes me how fucking ignorant %90 of the population in this country is when it comes to the energy industry and how it actually works....The level of technology used in producing crude oil is on par if not greater than shit NASA is doing

i'm glad you, dogmeat, are in the 10% of people that understand how this works. i have renewed my confidence in the energy industry & will preach your fine words to others who surround me.