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Originally Posted by resiz3d
It's not like Obama said "This is my energy plan: Inflate your tires!"
Someone in the audience asked what they could do right *now* to help save gas and the tire thing is his reply. What's wrong with that?
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Nothing is wrong with that. Carpooling would save more but keep your tires inflated. is there someone who keeps track of under inflated tires?
BTW putting pure nitrogen in is better than compressed air.
It is extrapolating that to
But we could save all the oil that they're talking about getting off drilling - if everybody was just inflating their tires? And getting regular tune-ups? You'd actually save just as much." that is the moronic part.
Obama policy was no domestic drilling no offshore drilling Where China is going to drill.
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Dont forget.. if we start drilling more the American people don't get the oil. Exxon and other oil companies get it. They can take that oil and sell it to China or Europe or whoever's willing to pay more for it.
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Well the Oil companies are the ones who make the investment, they should reap the rewards. Don't you forget that many of the American people have 401 K plans and they often contain oil company stock.
9.5 cents per dollar is about the profit exxon mobil gets 15 percent of profits went directly to shareholders in the form of cash dividends, and the biggest chunk, 40 percent, was used to repurchase Exxon's own stock." But ExxonMobil paid 83 percent as much as the $8.4 billion it earned, $7 billion, $2 billion more than a year earlier, in just federal income tax -- and a lot more in other taxes.
Yes, ExxonMobil cashed in by investing and working to get their product to the retail customer while the federal government collected 18.4 cents per gallon in tax for doing nothing. Federal, state and local taxes total an average of 46 cents per gallon -- significantly more than the 38 cents Exxon earned on $4 gallon of gas.
So if we get rid of Big Oil where will the goverment go to collect all that lost revenue?