Q-
I like to see people of my own heart pop in here once in a while. Business Ethics and Economics are my particular areas of study along with engineering and many of the statements made by some people are so.... well.... uneducated.
First off, Exxon, Chevron, Murphy, etc all put gasoline into the pipelin system (most of which is owned and/or operated by Williams Energy BTW) and each station pulls out oil/gass asnecessary. Your local stations all probably get their fuels from one or two local depots (in my area, we get gas from Little Rock and Memphis). To say I'm not buying gas from Exxon is more like saying "I'm not going to breath over here, but rather over there, across the road". The only time that the gas is different from one station to the next is the minute it is pumped out of the tankers into the storage tanks onsite.
Rocco-
They also:
a. lay off huge numbers of people to make the next quarter's profits attractive. (IBM anyone?)
-If you have a company more than 20 years old with more than 5 people that has NEVER laid anyone off, I would congradulate you, but then question what you are doing. Obviously you are using a computer, probably with either an Intel or AMD processor, maybe made by Dell or Gateway or Compaq, possibly others. Guess what? It's probably taken more than 1000 people to put that computer in your hands on on your desk. A company cannot constantly loose money and stay going. If they don't make money, they have to cut back somewhere. No money probably means no sales, therefore extra people. Do the math.
b. they award huge bonuses to the guys in the ivory towers and give nothing to the real workers down in the trenches. (American Airlines anyone?)
-Used to work for American Airlines. When you do the job that Don Carty or his replacement do, I applaud you. They often times take a salary of only a few dollars a year. They have unions to deal with, the pressures of running a multi-billion dollar company and dealing with regulators. They are the where the buck stops. Personally, if a company and board of directors saw fit to put me in a place of such risk, I would expect some reward especially for a job well done. When the CEO makes $20 Million/year, he may actually walsk away with
only $8 million after taxes, which will then be used to pay for someone's welfare check.
c. "pay off" government officials with massive campaign contributions to get their special interest legislation passed. (Just about all of them anyone?)
-I made a polical donation from mycheck. Am I bad too?
d. lie cheat and steal as much as they can get away with (Enron anyone? And there are plenty more examples.)
There are more than 1 million companies in the US. THere were less than 20 with these specific problems. That is what, .002% of the companies in this country? Nearly 10,000 companies have given $10,000 or more in contributions to Katrina.... so you're going to let 1 egg spoil 1/2 million cakes?
It's not the oil companies that need to be investigated, but rather the speculators in the commodities markets. The oil companies have the right as capitalists to charge what the market will bear. Ford makes record profits on the sales of Expedition SUV's, but who's outthere complaining? When the New VW Beetle first came into the US, dealers couldn't keep them on the lots. THere were people paying 50% or more over the MSRP for one of those vechicles. That's what the market would bear. There are other means of transportation. Ride a bike, ride a horse, walk, etc. Personally, it was my choice to live 15 miles away from my place of employment. It was my choice to buy an ST. I must live with the consequences of my choices.
THE GOVERNMENT NEEDS TO STAY OUT OR THE PROBLEM
WILL BE WORSE!!
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