Capitalism is great...congrats to ExxonMobil, but at what point do you say enough is enough? Have they not reached that yet? Can they still sleep at night all the while raping Americans repeatedly, day in and day out? ::sigh::

And yes, it's ridiculous to park airplanes as opposed to passing fuel cost onto the consumer...

 

I totally agree with you Duck.........right up to the rebate checks thing. That idea is about the worst for stimulating an economy. Dont get me wrong, I'll be stoked to be seeing my $1200 in the mail but expecting the already strapped American people to pump that money right back into the economy is foolish. Many will save it and coupled with the fact that illegals are entitled to the same rebate checks, well, we all know where THAT money will end up and it AINT the US economy.

 

and I thought that the oil being taken out of Iraq it was going to be used to pay for the war...(as Mr Bush said ,but of course another lie right?).
They thing as I see it is that every day We are sending millions of dollars to pay for the oil to the Saudis,venezuelan and they're getting richer and we are getting poorer...if we don't do something now We are going to end up like third world country.

 

I agree with you there. You should read this guy with a user name "JetPiedmont" over at the Major section under the Oil $100 a Barrel thread. He is clearly not an airline pilot and eveything he writes reads like a propaganda material from the oil companies. He thinks the oil industry profit is completely reasaonable and that they are only making 10% net profit and that we should stop bashing the oil companies to take out our frustrations. He must think we are all idiots. Any corporation can write off as much as they can possibly get away with. CNN reported not too long ago, Exxon Mobile's profit going up over 300% in the first quarter of 2007.

 

Recession? What Recession?

 

I'll bite, where do you get the energy to produce deliverable and marketable hydrogen? What are the [delivered product] production energy requirements vs. the energy in the delivered hydrogen.

Everything I've read about hydrogen points to the fact that it takes more energy to produce than it delivers. In other words, it's not an energy source, but a transport mechanism.

 

This is strange to me. ExxonMobil doesn't set the price of oil, OPEC, and the commodity traders do. ExxonMobil sells its crude oil and gasoline at what the market will bear. If we want to bring the price down we must increase supply or decrease demand. There is oil in ANWR and in the shale of colorado, wyoming and utah largely in places that are in the middle of nowhere. This would all help if we could drill it even if it is only a short term solution. However, I don't think the market will be able to bear a whole lot more. When energy prices get high there is normally a slow down in the economy which in turn causes a decrease in demand with excess supply. This will happen, all though it may take another year it is going to happen soon. I'm starting to hear people say things like, "Man I'm going to have to get something more fuel efficient these gas prices are killing me." ALOT of people I work with are saying this and I work for an oilfield services company where most guys I work with drive gas guzzling trucks. We are also laying people off, which is odd to me but it's still happening. I agree we need to find an alternative to oil, and I think we already have one, coal, but the global warming freaks think it pollutes too much. We should be trying to burn cleaner fuels, which there actually is a process for sequestering most CO2 produced by coal, we shouldn't be reducing emissions for the sake of global warming but for cleaner air in cities. Emissions in cities cause disease and all kinds of problems but reducing emissions in general by 60 or 70% won't do anything for the climate. I know alot of people think biofuels aren't doable but I think you are wrong. Biofuels from plant stocks may not be but biofuels harvested from growing algae is. While there are still kinks to be worked out, this seems to be a very good possibility. Anyone interested should seriously investigate biofuel made from algae.

There was also a news story about an Airbus A380 powered from a fuel liquified from natural gas.

 

can anyone tell me again how they're entitled?

 

Exactly, time for the airlines to grow a pair and pass on the cost. If they dont like it let them drive at $4 a gallon. The problem is the airlines can not come together as one and say lets do this, that's price fixing. So like United led the way with checked baggage someone needs to make the first move.

 

meeko031 wrote:
can anyone tell me again how they're entitled?

People getting a rebate this summer are people who filed 2007 income taxes.

So legal or not if you paid/filed you taxes, you get a rebate check.