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	<title>Comments on: How a Windfall Oil Profits Tax Would Hurt You</title>
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		<title>By: Daniel Keeran</title>
		<link>http://emac.blogs.foxbusiness.com/2008/06/13/how-a-windfall-oil-profits-tax-would-hurt-you/comment-page-2/#comment-1886</link>
		<dc:creator>Daniel Keeran</dc:creator>
		<pubDate>Sat, 28 Jun 2008 05:43:14 +0000</pubDate>
		<guid isPermaLink="false">http://emac.blogs.foxbusiness.com/?p=90#comment-1886</guid>
		<description>Are people dying because of high grain prices caused by oil speculation? YES. There is a moral obligation to take the profit out with a higher tax on oil companies and speculation. Within 24 hours of annoucement, the price of oil would go down dramatically. If oil companies need money for exploration, the government can give them a rebate with accountability.</description>
		<content:encoded><![CDATA[<p>Are people dying because of high grain prices caused by oil speculation? YES. There is a moral obligation to take the profit out with a higher tax on oil companies and speculation. Within 24 hours of annoucement, the price of oil would go down dramatically. If oil companies need money for exploration, the government can give them a rebate with accountability.</p>
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		<title>By: Bill Bigley</title>
		<link>http://emac.blogs.foxbusiness.com/2008/06/13/how-a-windfall-oil-profits-tax-would-hurt-you/comment-page-1/#comment-1706</link>
		<dc:creator>Bill Bigley</dc:creator>
		<pubDate>Tue, 17 Jun 2008 03:52:16 +0000</pubDate>
		<guid isPermaLink="false">http://emac.blogs.foxbusiness.com/?p=90#comment-1706</guid>
		<description>Your article has not touched the issue, the crazy rise in the price of oil is caused by speculators such as Goldman Sakes and a loophole in the law created in 2000 by Wendy Gramm and supported by her husband which took away regulation that had served our country well this loop hole was pushed by Enron and even though Enron was prooved to be criminals as a company that law was never taken off the books. Wendy Gramm after she created that loophole moved to be on the board of Enron but because of her husbands power she didn&#039;t go to jail with the rest of the rats. We should not give tax breaks to the oil company they don&#039;t need aid to keep their business viable. We should not have windall tax on their profits if don&#039;t allow them to create more refineries and drill in the US for oil and natural gas. But Exxon has made the decission not to build more refineries because they can make more money selling oil in Asia, which they are doing with oil from tha Alaskan pipeline. All that I have quoted is supported with facts if you are going to write an article please support facts not articles your network doesn&#039;t support. We need truth not special interests.</description>
		<content:encoded><![CDATA[<p>Your article has not touched the issue, the crazy rise in the price of oil is caused by speculators such as Goldman Sakes and a loophole in the law created in 2000 by Wendy Gramm and supported by her husband which took away regulation that had served our country well this loop hole was pushed by Enron and even though Enron was prooved to be criminals as a company that law was never taken off the books. Wendy Gramm after she created that loophole moved to be on the board of Enron but because of her husbands power she didn&#8217;t go to jail with the rest of the rats. We should not give tax breaks to the oil company they don&#8217;t need aid to keep their business viable. We should not have windall tax on their profits if don&#8217;t allow them to create more refineries and drill in the US for oil and natural gas. But Exxon has made the decission not to build more refineries because they can make more money selling oil in Asia, which they are doing with oil from tha Alaskan pipeline. All that I have quoted is supported with facts if you are going to write an article please support facts not articles your network doesn&#8217;t support. We need truth not special interests.</p>
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		<title>By: DrDetroit</title>
		<link>http://emac.blogs.foxbusiness.com/2008/06/13/how-a-windfall-oil-profits-tax-would-hurt-you/comment-page-1/#comment-1694</link>
		<dc:creator>DrDetroit</dc:creator>
		<pubDate>Sat, 14 Jun 2008 18:24:46 +0000</pubDate>
		<guid isPermaLink="false">http://emac.blogs.foxbusiness.com/?p=90#comment-1694</guid>
		<description>How about this for an article:

&quot;How adherence to an energy resource for transportation will harm our children&#039;s health&quot;

Hey, you know ? we&#039;re JUST over 100 years of petro use.  I think it&#039;s fair game to start asking what are the long term health benefits of breathing in petro exhaust.

Platinum won&#039;t fix it.    Oddly NASA just commented on June 11th specifically about two resources on the moon, platinum and helium 3.  If the oil companies had their way, they&#039;d go all the way to the moon, to get platinum to further catalytic converter production all the while skipping the answer that IS going to replace petro.   

Hey, if you had something pouring out of the ground that made you money ? let&#039;s create a new term, a &#039;money hole&#039;   would you abandon it if you found it it wasn&#039;t in the best interests of your grandchildrens health ?   Or would you say - hey, I can really show up my neighbors for my lack of self esteem with a big car - a big home - big diamonds on the rings - and a big suit ? carrying out the western paradigm of self worth achieved through materialistic consumerism ? 

It&#039;s not hard to figure out people.

If US corporate interests (the ones that haven&#039;t moved to Dubai yet, as Cheney&#039;s Halliburton did move there) say &#039;oil is profitable, and profits are all that matter ?&#039;

Hey, when OTHER nations such as Saudi Arabia and United Arab Emirates OUTPRODUCE you in oil exports ?  and start to even cut into your customers ? Hey, you asked for it.

When Saudi Arabia and UAE starts to take 1/6 or your base majority citizen&#039;s INCOME earned through LABOR ?  to pay for a dead end petro based transportation energy model ? 

You asked for it.

As I&#039;ve said, not that anyone can stand being in the same room with Sean (Penn) when he&#039;s smokin&#039; like a chimney, but he does have a valid point, we deserve the government we get.

If you&#039;re content with oil/petro lobbyists keeping YOU dependent on oil - only to have an oilman alleged president tell YOU that &#039;the problem is, yer&#039; addicted to oil (AFTER he helps make SURE of that ? )  hey, suck it up America -  You were complacent to allow US oil corporations take their redneck cheap 10 million a day profits all the while leaving giants like Saudi Arabia and UAE to move up to 1 BILLION a day - and you know what ? 

we&#039;re reaching a crossroads now - the crossroads US oil corporations were in denial about.

the crossroads where hard working US citizen&#039;s money goes to pay for a SKI RESORT making SNOW FLAKES in the DESERT!

Good going - if you think voting in 2008 will change behind the scenes oil lobbying, think again, it&#039;s ignorance and suffering until the grown ups with the shiny black shoes show up on this island of Lord of the Flies.

I&#039;m going to stay on the beach and wait- and avoid the unnecessary wars over the conch - being the corporate media  - I think a fine view of the stars tonight will be cathartic for me,  likely for all my ancestors, and likely for all those to come forward. 

For the smarter people in this world, we KNOW that fusion derived from the very canvas you stare at in the nighttime sky delivers all the energy we need.  Let&#039;s see - hmm - dig a hole in the ground - watch petro come up - &quot;Lookey Leroy, it burns REEEEAL GOOD&quot;  OR explore through higher education advanced physics to promote a completely CLEAN energy solution through helium 3 using electrostatic over electromagnetic hmm... Gee, I doubt Bush could even SPELL Electrostatic or tell the difference between MIT&#039;s plasma lab&#039;s use of EM over Univ. of Wisconsin&#039;s use of ES to deliver a WORKING H3 reactor. 

Ignorance begets suffering.</description>
		<content:encoded><![CDATA[<p>How about this for an article:</p>
<p>&#8220;How adherence to an energy resource for transportation will harm our children&#8217;s health&#8221;</p>
<p>Hey, you know ? we&#8217;re JUST over 100 years of petro use.  I think it&#8217;s fair game to start asking what are the long term health benefits of breathing in petro exhaust.</p>
<p>Platinum won&#8217;t fix it.    Oddly NASA just commented on June 11th specifically about two resources on the moon, platinum and helium 3.  If the oil companies had their way, they&#8217;d go all the way to the moon, to get platinum to further catalytic converter production all the while skipping the answer that IS going to replace petro.   </p>
<p>Hey, if you had something pouring out of the ground that made you money ? let&#8217;s create a new term, a &#8216;money hole&#8217;   would you abandon it if you found it it wasn&#8217;t in the best interests of your grandchildrens health ?   Or would you say &#8211; hey, I can really show up my neighbors for my lack of self esteem with a big car &#8211; a big home &#8211; big diamonds on the rings &#8211; and a big suit ? carrying out the western paradigm of self worth achieved through materialistic consumerism ? </p>
<p>It&#8217;s not hard to figure out people.</p>
<p>If US corporate interests (the ones that haven&#8217;t moved to Dubai yet, as Cheney&#8217;s Halliburton did move there) say &#8216;oil is profitable, and profits are all that matter ?&#8217;</p>
<p>Hey, when OTHER nations such as Saudi Arabia and United Arab Emirates OUTPRODUCE you in oil exports ?  and start to even cut into your customers ? Hey, you asked for it.</p>
<p>When Saudi Arabia and UAE starts to take 1/6 or your base majority citizen&#8217;s INCOME earned through LABOR ?  to pay for a dead end petro based transportation energy model ? </p>
<p>You asked for it.</p>
<p>As I&#8217;ve said, not that anyone can stand being in the same room with Sean (Penn) when he&#8217;s smokin&#8217; like a chimney, but he does have a valid point, we deserve the government we get.</p>
<p>If you&#8217;re content with oil/petro lobbyists keeping YOU dependent on oil &#8211; only to have an oilman alleged president tell YOU that &#8216;the problem is, yer&#8217; addicted to oil (AFTER he helps make SURE of that ? )  hey, suck it up America &#8211;  You were complacent to allow US oil corporations take their redneck cheap 10 million a day profits all the while leaving giants like Saudi Arabia and UAE to move up to 1 BILLION a day &#8211; and you know what ? </p>
<p>we&#8217;re reaching a crossroads now &#8211; the crossroads US oil corporations were in denial about.</p>
<p>the crossroads where hard working US citizen&#8217;s money goes to pay for a SKI RESORT making SNOW FLAKES in the DESERT!</p>
<p>Good going &#8211; if you think voting in 2008 will change behind the scenes oil lobbying, think again, it&#8217;s ignorance and suffering until the grown ups with the shiny black shoes show up on this island of Lord of the Flies.</p>
<p>I&#8217;m going to stay on the beach and wait- and avoid the unnecessary wars over the conch &#8211; being the corporate media  &#8211; I think a fine view of the stars tonight will be cathartic for me,  likely for all my ancestors, and likely for all those to come forward. </p>
<p>For the smarter people in this world, we KNOW that fusion derived from the very canvas you stare at in the nighttime sky delivers all the energy we need.  Let&#8217;s see &#8211; hmm &#8211; dig a hole in the ground &#8211; watch petro come up &#8211; &#8220;Lookey Leroy, it burns REEEEAL GOOD&#8221;  OR explore through higher education advanced physics to promote a completely CLEAN energy solution through helium 3 using electrostatic over electromagnetic hmm&#8230; Gee, I doubt Bush could even SPELL Electrostatic or tell the difference between MIT&#8217;s plasma lab&#8217;s use of EM over Univ. of Wisconsin&#8217;s use of ES to deliver a WORKING H3 reactor. </p>
<p>Ignorance begets suffering.</p>
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		<title>By: DrDetroit</title>
		<link>http://emac.blogs.foxbusiness.com/2008/06/13/how-a-windfall-oil-profits-tax-would-hurt-you/comment-page-1/#comment-1693</link>
		<dc:creator>DrDetroit</dc:creator>
		<pubDate>Sat, 14 Jun 2008 17:50:13 +0000</pubDate>
		<guid isPermaLink="false">http://emac.blogs.foxbusiness.com/?p=90#comment-1693</guid>
		<description>Upon waking today- 

I had an image of that latest Qatar Airline advertisement on TV, the one with the 5 star food services ? (Tickets MUST be $2500 and up).  Then I thought about US Air stock at $2 a share.

Then it hit me - (and this article title is askew).  First, this article is somewhat misleading.  The REAL title should be - How Oil hurts you.

Sure - Qatar is more about liquid natural gas than oil, BUT - doing some simple math here ?

Saudi Arabia - let&#039;s call it&#039;s output of 9.x million barrels a day to 10 for easy math.

and Let&#039;s shave oil down to $100 a barrel.

That&#039;s 10 million x 100 = 1 Billion USD a day - for what ? some initial well investments and some oil workers to keep it going and trucks or pipeline costs-  woo ho- beans.

That&#039;s an EASY 900 Million + a day for total profit.

Now, keep in mind that Qatar again has a five star food service airline being advertised where US Air charges $2 for a bottle of water (probably IF they even decide to carry the water, as it weighs 8 lbs a gallon).   Check this out.

This is what occurred to me upon waking today, and it&#039;s crystal clear to me, and yet ? I&#039;ve never considered it, nor have I read about it.

The REASON Saudi Arabia is becoming the world&#039;s new financial center, and the reason Dubai skyline is surprassing New York Cities in the up coming years, and the REASON Dubai can afford an indoor ski resort in the desert, is the money from oil. 

Now, why do these countries that - say King Saud commented on regarding how his people just 60 years ago were living in TENTS -rather HAPPY, without this bloodshed ? Why do these countries GET this near 1 Billion a day from US consumers POCKETS from their hard earned / labored HOURS to work for that money to buy gas with ? 

Simple:

It&#039;s the people like the Bush family, the local US oil companies that have lobbied - over and over to keep us, that&#039;s right, KEEP US addicted to oil.  Every alternative energy solution for non petro-based cars ?  Why ? Puzzling, they just dissapear.

Some people argue - well the markets determine what wins and loses at the end of the day.  Perhaps with oil futures so out of whack, this will almost GUARANTEE oil stays the #1 resource for transportation.  

So the distilled thought here is that while US oil companies protected their greedy little redneck rigged money for nothing operations (US oil ventures), only thinking about THEIR profits,  hey hey hey, Saudi Arabia played the same game, and at this point ? has ENOUGH money- well gee, I just read Abu Dhabi has some 2.x trillion (that X is what I forgot, but you know it&#039;s the hundreds of billions place value holder there) to invest in the US.   Abu Dhabi could buy 1/4 of the US homes in one chunk - and that&#039;s at FACE value - not even foreclosure prices- IF they wanted.  That&#039;s big folks.

Where did they get that money ? and why ? 

Because - US oil companies were SO interested in their TINY profits in comparison to the folks pumping out 9 to 10 million barrels a day ? they didn&#039;t care, they ONLY cared about their OWN texas rigs or profits - because it was money for nothing.

And now ? 

we all pay for this insolence.

This guy acting as president is a BIG player in the oil sector.  If you go back and review Bush&#039;s speeches, I have one I find peculiar.  During ANWR, Bush got up and spoke about how since the 1960&#039;s ANWR has been scoped for drilling - and get this, out of the blue - he starts up talking about these very complicated aspects of &#039;slant drilling&#039; and whatnot, I mean, he actually KNEW what he was talking about, and was VERY articulate about it, nothing like what we see normally.   So, yes, he&#039;s an oil man and you can add 1 + 1 I think.

Bottom line here folks, the US oil companies OWN interests in profits have ALLOWED Saudi Arabia, and United Arab Emirates to slowly suck up US citizen&#039;s money at the pumps.  

I think this is why we are in this dilemma where oil dependency now is costing the lower lower class potentially their potential to even GET to work at the moment, OR eat. 

There is no other way to look at it.  While the US companies held content with their meager profits, they enabled Saudi Arabia, Chavez, Abu Dhabi to become so powerful ?  They really can just come in and buy anything they want in the US, probably including the presidency to ASSURE the oil consumption patterns continue.  Wouldn&#039;t you ? if you were criminally disconnected from the best interests of the children to be of the species as a whole ?</description>
		<content:encoded><![CDATA[<p>Upon waking today- </p>
<p>I had an image of that latest Qatar Airline advertisement on TV, the one with the 5 star food services ? (Tickets MUST be $2500 and up).  Then I thought about US Air stock at $2 a share.</p>
<p>Then it hit me &#8211; (and this article title is askew).  First, this article is somewhat misleading.  The REAL title should be &#8211; How Oil hurts you.</p>
<p>Sure &#8211; Qatar is more about liquid natural gas than oil, BUT &#8211; doing some simple math here ?</p>
<p>Saudi Arabia &#8211; let&#8217;s call it&#8217;s output of 9.x million barrels a day to 10 for easy math.</p>
<p>and Let&#8217;s shave oil down to $100 a barrel.</p>
<p>That&#8217;s 10 million x 100 = 1 Billion USD a day &#8211; for what ? some initial well investments and some oil workers to keep it going and trucks or pipeline costs-  woo ho- beans.</p>
<p>That&#8217;s an EASY 900 Million + a day for total profit.</p>
<p>Now, keep in mind that Qatar again has a five star food service airline being advertised where US Air charges $2 for a bottle of water (probably IF they even decide to carry the water, as it weighs 8 lbs a gallon).   Check this out.</p>
<p>This is what occurred to me upon waking today, and it&#8217;s crystal clear to me, and yet ? I&#8217;ve never considered it, nor have I read about it.</p>
<p>The REASON Saudi Arabia is becoming the world&#8217;s new financial center, and the reason Dubai skyline is surprassing New York Cities in the up coming years, and the REASON Dubai can afford an indoor ski resort in the desert, is the money from oil. </p>
<p>Now, why do these countries that &#8211; say King Saud commented on regarding how his people just 60 years ago were living in TENTS -rather HAPPY, without this bloodshed ? Why do these countries GET this near 1 Billion a day from US consumers POCKETS from their hard earned / labored HOURS to work for that money to buy gas with ? </p>
<p>Simple:</p>
<p>It&#8217;s the people like the Bush family, the local US oil companies that have lobbied &#8211; over and over to keep us, that&#8217;s right, KEEP US addicted to oil.  Every alternative energy solution for non petro-based cars ?  Why ? Puzzling, they just dissapear.</p>
<p>Some people argue &#8211; well the markets determine what wins and loses at the end of the day.  Perhaps with oil futures so out of whack, this will almost GUARANTEE oil stays the #1 resource for transportation.  </p>
<p>So the distilled thought here is that while US oil companies protected their greedy little redneck rigged money for nothing operations (US oil ventures), only thinking about THEIR profits,  hey hey hey, Saudi Arabia played the same game, and at this point ? has ENOUGH money- well gee, I just read Abu Dhabi has some 2.x trillion (that X is what I forgot, but you know it&#8217;s the hundreds of billions place value holder there) to invest in the US.   Abu Dhabi could buy 1/4 of the US homes in one chunk &#8211; and that&#8217;s at FACE value &#8211; not even foreclosure prices- IF they wanted.  That&#8217;s big folks.</p>
<p>Where did they get that money ? and why ? </p>
<p>Because &#8211; US oil companies were SO interested in their TINY profits in comparison to the folks pumping out 9 to 10 million barrels a day ? they didn&#8217;t care, they ONLY cared about their OWN texas rigs or profits &#8211; because it was money for nothing.</p>
<p>And now ? </p>
<p>we all pay for this insolence.</p>
<p>This guy acting as president is a BIG player in the oil sector.  If you go back and review Bush&#8217;s speeches, I have one I find peculiar.  During ANWR, Bush got up and spoke about how since the 1960&#8217;s ANWR has been scoped for drilling &#8211; and get this, out of the blue &#8211; he starts up talking about these very complicated aspects of &#8217;slant drilling&#8217; and whatnot, I mean, he actually KNEW what he was talking about, and was VERY articulate about it, nothing like what we see normally.   So, yes, he&#8217;s an oil man and you can add 1 + 1 I think.</p>
<p>Bottom line here folks, the US oil companies OWN interests in profits have ALLOWED Saudi Arabia, and United Arab Emirates to slowly suck up US citizen&#8217;s money at the pumps.  </p>
<p>I think this is why we are in this dilemma where oil dependency now is costing the lower lower class potentially their potential to even GET to work at the moment, OR eat. </p>
<p>There is no other way to look at it.  While the US companies held content with their meager profits, they enabled Saudi Arabia, Chavez, Abu Dhabi to become so powerful ?  They really can just come in and buy anything they want in the US, probably including the presidency to ASSURE the oil consumption patterns continue.  Wouldn&#8217;t you ? if you were criminally disconnected from the best interests of the children to be of the species as a whole ?</p>
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		<title>By: Mike R.</title>
		<link>http://emac.blogs.foxbusiness.com/2008/06/13/how-a-windfall-oil-profits-tax-would-hurt-you/comment-page-1/#comment-1692</link>
		<dc:creator>Mike R.</dc:creator>
		<pubDate>Sat, 14 Jun 2008 15:10:35 +0000</pubDate>
		<guid isPermaLink="false">http://emac.blogs.foxbusiness.com/?p=90#comment-1692</guid>
		<description>I agree with DrDetroit that it is nice to see another MacDonald article, but Doc your comment was nearly longer than the article itself. I know there is a lot to say on this subject, but whoa. 

Also concur with Ted Sherman that Elizabeth MacDonald should get herself onto the O&#039;Reilly Factor. It shouldn&#039;t be hard to do as both work for Fox. If she could keep Bill from shouting her down it would be informative. 

Excellent article. I look forward to more of your viewpoint. Thank you.</description>
		<content:encoded><![CDATA[<p>I agree with DrDetroit that it is nice to see another MacDonald article, but Doc your comment was nearly longer than the article itself. I know there is a lot to say on this subject, but whoa. </p>
<p>Also concur with Ted Sherman that Elizabeth MacDonald should get herself onto the O&#8217;Reilly Factor. It shouldn&#8217;t be hard to do as both work for Fox. If she could keep Bill from shouting her down it would be informative. </p>
<p>Excellent article. I look forward to more of your viewpoint. Thank you.</p>
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