Quote:
Originally Posted by beach tribe
The greed of these companies is unforgivable.
So they're going to cut back new research, and other projects because they're not pulling 9 billion a quarter profit? With all the money they had to have made?
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QFT But the real problem is there are no refineries in the US anymore. They shut them all down and let them turn into piles of rust. It doesn't do any good to find more oil if we don't have the sources to refine it.
The oil companies need to reinvest some of their profits back into more production capabilities but it will be a cold day in hell when they actually worry about the average joe consumer.