Maybe this will get their attention

[JackL]

Unless Snopes finds out that someone has lied.......


But then again, Snopes may be lying.

Snopes would never intentionally lie  about anything. They are rather well respected and have a team of researchers who track down every source, no matter how obscure.

[yunt2ride]

Unless Snopes finds out that someone has lied.......


But then again, Snopes may be lying.

Snopes would never intentionally lie  about anything. They are rather well respected and have a team of researchers who track down every source, no matter how obscure.

Yea I know, just making a funny.

[eldiablo64]

Osama bin laden said "we will ruin the the US financially" looks like he's doin a damn good job.He knew that Bush would go to war in Iraq when they planned 9/11.and Bush fell for it hook line and sinker.

[digginfool]

Osama bin laden said "we will ruin the the US financially" looks like he's doin a damn good job.He knew that Bush would go to war in Iraq when they planned 9/11.and Bush fell for it hook line and sinker.

As well as every Senator and Representative that voted for it (I don't remember the exact figures but I know it was a very high percentage), all of whom had the same information as Bush did.  That is, if you want to believe that all the people running our country are stupid enough to be fooled by some camel jock.  Here's a little tidbit for you.  There may be more to the run-up in fuel costs than any of you think and I stumbled across it while researching the Water4Gas thread.  It turns out that back in 2003, the DOE published a report that the only way a hydrogen economy could be cost effective would be if the equivalent cost of gasoline exceeded $4.50 per gallon.  Makes you want to say "hmmmmm..." when you consider companies like ExxonMobil, who have profited more money than any other company in history, has put nearly nothing towards capital expenditures in exploration.  In fact, they are paying large dividends and buying back shares; essentially, cashing out.  Think they might know something we don't?

[JackL]

It is ExxonMobil's legal responsibility to maximise shareholder profit. 

[digginfool]

It is ExxonMobil's legal responsibility to maximise shareholder profit. 

They have no legal obligation other than to adhere to GAAP.  That being said, by not investing in the future (finding and developing more oil reserves), disbursing retained earnings and buying back shares, they are essentially cashing out.  They have effectively announced that they are ceasing as a business concern; they are going to play out what they have and close up shop.  Most other oil companies are investing normal amounts in exploration but have begun to accelerate investments in alternative fuel technologies.  That would indicate they are changing with the times, evolving into energy companies rather than oil companies.  The biggest of the lot, though, is not doing that.  You have to ask why.  Why would they chose a path that doesn't have a future?