SuzukiSavage.com - Windfall tax

Serowbot YaBB Moderator ModSquad Offline OK.... so what's the speed of dark? Posts: 28695 Tucson Az Gender:	Windfall tax 11/06/22 at 07:08:43 A windfall tax on oil companies receiving record profits while we pay through the nose. Their profits are double or more than last year. We're getting burnt. What do you think?
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MnSpring Serious Thumper Offline Younger than most people my age. Posts: 9375 Minn Gender:	Re: Windfall tax Reply #1 - 11/06/22 at 07:44:35 And what is the reason, the price of fuel went up ?
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Serowbot YaBB Moderator ModSquad Offline OK.... so what's the speed of dark? Posts: 28695 Tucson Az Gender:	Re: Windfall tax Reply #2 - 11/06/22 at 08:05:53 Where do you think those profits came from?
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zevenenergie

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Re: Windfall tax
Reply #3 - 11/06/22 at 11:18:42

I think it's a good thing that big companies make a lot of profit. It all flows down.
And so we can get a raise so we can pay our bills.

It is also good that we can experience that it is cold in the winter.
We then buy more clothes, so that the price of clothes goes up and big companies make more profit and we can get a salary increase.
With that we can buy clothes.

A tax increase for large companies would only disrupt that process.

With energy prices soaring and large energy companies making extortionate profits, we'll soon be getting a raise in salary. So that we can pay our energy bill again.

It hurts the nose for a while, but it's worth it.

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Do what you know is right. (you can always use fear as a counselor later)

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WebsterMark

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Re: Windfall tax
Reply #4 - 11/06/22 at 15:08:00

Let me see if I get your logic…..your theory is that oil companies are using any excuse to raise their price …..so your plan is to add a tax which is a cost that has to covered which means they’ll increase the price. Do I have that right?

You guys couldn’t be any dumber if you tried.

Hey genius, here’s a question. Why is the price of gas less now than it was a couple weeks ago? If oil companies are so terrible and only thinking about the price per gallon, why didn’t that just leave it where it was?

Answer that.

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pg Serious Thumper Offline Posts: 5273 In Transit	Re: Windfall tax Reply #5 - 11/06/22 at 15:13:46 What about Pfizer? They had record profits in the 10s of billions. This was state mandated based on total lies and falsehoods........ What should we do with them Bot? Best regards,
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Serowbot YaBB Moderator ModSquad Offline OK.... so what's the speed of dark? Posts: 28695 Tucson Az Gender:	Re: Windfall tax Reply #6 - 11/06/22 at 15:24:16 I like how I'm attacked for my view when I never stated one,... I merely posed a question. It is a fact that oil companies are posting record profits while customers are suffering. Read into it what you will.
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justin_o_guy2

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Re: Windfall tax
Reply #7 - 11/06/22 at 18:22:18

I wonder why they have So Much money left over.
You don't suppose that since someone kicked drilling in the nads they aren't spending a lot on geological surveys, drilling, production, et cetera,
I absolutely do not have a clue, pure speculation. The price of oil went up. What caused that? The oil companies didn't tell biden what to do, did they? It's on biden, he created the trainwreck that jacked the prices. That's all I can think of right now to explain why they are making bank. Like I said, I'm speculating.

They are gonna need those profits to get them through the coming months, maybe years.

See? No judging,, just trying to answer your question

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pg Serious Thumper Offline Posts: 5273 In Transit	Re: Windfall tax Reply #8 - 11/06/22 at 20:20:03 Brandon is talking about shutting down all the coal plants too. What do you think that is going to happen to energy $$? Best regards,
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justin_o_guy2

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Re: Windfall tax
Reply #9 - 11/07/22 at 05:27:14

I'm really curious, just exactly how do they expect to have ROADS without oil?
Do these people not know how much Stuff that is in daily use comes from oil, in whole or part? Does anyone not bemoan the fact that Hemp was made illegal? How stupid WAS that? The people who are buying into this global warming stuff are willingly destroying their own way of life and adopting something that sounds good, as they replace what Works.

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The people never give up their liberties but under some delusion.- Edmund Burke.

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WebsterMark

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Re: Windfall tax
Reply #10 - 11/07/22 at 07:09:02

Serowbot wrote on 11/06/22 at 15:24:16:

I like how I'm attacked for my view when I never stated one,...
I merely posed a question.

It is a fact that oil companies are posting record profits while customers are suffering.
Read into it what you will.

My apologies if it came off as an attack. I’m incredulous anyone would think adding a windfall tax is somehow going to drive prices down. Answer my question however, gas prices have fallen a bit in the past couple months. Why? Wouldn’t these evil oil companies simply leave the price as is? Why did they fall?

Now, I’ll jump ahead and if you say because Biden released oil from the strategic reserves, you are saying there are many forces outside of the control of oil companies that impacts the price at the pump.

So again, why did these evil oil companies reduce the price at the pump? Why not leave it as it is and continuing reaping profits?

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justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: Windfall tax Reply #11 - 11/07/22 at 08:08:03 Where Did the oil from our Strategic Oil reserve go? That is a real question. Addressed to everyone.
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WebsterMark

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Re: Windfall tax
Reply #12 - 11/07/22 at 08:30:38

I assume it goes on the open market. Did a quick search and came up with this article which seems to make sense. That’s what I would expect to happen. I would like to thinks there’s some type of restrictions on where it is refined and sent to pumps so it ends up only in the US marketplace. Since the prices come down a little bit I would assume that’s the case.

https://www.reuters.com/world/us/nine-companies-get-oil-us-strategic-reserve-...

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Serowbot

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Re: Windfall tax
Reply #13 - 11/07/22 at 08:41:30

WebsterMark wrote on 11/06/22 at 15:08:00:

Let me see if I get your logic…..your theory is that oil companies are using any excuse to raise their price …..so your plan is to add a tax which is a cost that has to covered which means they’ll increase the price. Do I have that right?

You guys couldn’t be any dumber if you tried.

So should we just do nothing and just hope oil companies will eventually choose altruism over profits?
Will they reduce prices 'cause they're nice guys?

...and you think I'm dumb?

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WebsterMark

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Re: Windfall tax
Reply #14 - 11/07/22 at 10:48:35

Answer my question, why did prices go down when the strategic oil reserves were tapped into? Were they being nice guys then?

Why do gas prices historically increase during the summer and decrease during the winter? Did all the oil company executives just have a bad day sometime in April and decided to raise prices? Then things got really better sometime in September so they lowered prices? Is that what happened?

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