There is no secret as to where I stand on the free market in the United States.
Hell I am part of it with my business.
But I have read, and listened to the oil company's try to justify their profits in all of this.
Now being a business man, and all of that, having had college courses in this stuff, I have one thing to say.
Are we talking about a higher profit, or higher profit margin? At first I backed them on this, but now I have to say it is sounding fishy to me. I have to keep my prices down to compete, I am new to the business, and I have to get attention, I do it one way through lower prices. My profit margin is slowly being chewed up. I have to raise my prices, no choice. That is just to keep a profit, and not even maintain the same profit margin, but a lower one. I do not buy that they need to have "higer profits when things are tight to be able to compete when times are good". You need to compete more when times are hard, so you can have the profits when times are good. They said it backwards, and expect people to swallow it.
You are right though, drill alaska damnit, we need to get away from the foreign oil, other alternative also. But right now as I see it the terrorists who are destroying the free market system are the ones who are profiting big time during times of trouble for the ordanary person.
They are showing who has the power now. I hate to say it, but that will be forgotten when prices come back down.
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