Donald Trump: Big oil is naughty

What a bunch or Morons !! Doesn't anyone do any research ? Look at the facts....The US already is producing - by far- the highest percentage of their total oil reserves . The only people that this would help are the oil drilling and equiptment services industries.... who by the way have the republicans in their back pocket !
Facts (you can look it up 2007 report from the Amer. ass. of petroleum geologists)US total oil reserves - INCLUDING all optimistic offshore and alaska oil fields = 21 billion barrels (most of which with production cost @ $150 per bbl !
compare : reserves of the 10 countries with highest total proven reserves ( at under $30 bbl recovery costs ) = 1.1 trillion bbls. !!!!
What a farce - I dont care if we get the offshore oil but financially it makes NO SENSE we have less than 2% of the worlds reserves and would have to pay a fortune to get it - REPUBLICAN scare tactics at their worst !!!!!

What a bunch or Morons !! Doesn't anyone do any research ? Look at the facts....The US already is producing - by far- the highest percentage of their total oil reserves . The only people that this would help are the oil drilling and equiptment services industries.... who by the way have the republicans in their back pocket !
Facts (you can look it up 2007 report from the Amer. ass. of petroleum geologists)US total oil reserves - INCLUDING all optimistic offshore and alaska oil fields = 21 billion barrels (most of which with production cost @ $150 per bbl !
compare : reserves of the 10 countries with highest total proven reserves ( at under $30 bbl recovery costs ) = 1.1 trillion bbls. !!!!
What a farce - I dont care if we get the offshore oil but financially it makes NO SENSE we have less than 2% of the worlds reserves and would have to pay a fortune to get it - REPUBLICAN scare tactics at their worst !!!!!

Hey Donald...this is OUR REALITY T.V. Higher fuel prices, NO extra spending. No vacations. NO nice big fat extra profits for the investors on the NYSE. DRILL DRILL DRILL DRILL DRILL
HEY TRUMP ~ Go BLOW yourself. Go WHACK Spud! LOL

-Concerned grandma in Arizona

Donald Drump Got it all Wrong!
Big Oil is not in business telling people to buy fuel efficient cars. it is in business to ensure that every driver can fill up his tank big or small.... PERIOD!
McCain and Obama and even Donald would not ever dream of punishing buyers of gas guzzlers because it will be unpopular. Popularity is a precious commodity... Much more expensive than gasoline until gasoliine hit $50 a gallon perhaps...I dont know... The rich will never feel pinched as they will take money away from the little guys to support their gasoliine addicition at almost any price...
What the little guys got to understand is that they got to fix their own problems where they belongs...THEIRS not Donald Drumps or McCain or Obama....
Just ignore all the SUVs and PickUps sitting gathering dust with huge $15000 rebates waving flags....or even $30000 rebates whatever.. it aint worth it...
Just forget SUVs and PickUps. the rich will still buy them but you got to aim for gasoline prices to come down a lot again like it did before. We can do it and I know it, dammit!

I am going to go buy a big pick up truck and take advantage of the cheaper prices. Big oil is making less per gallon of gas than the government, and the government does not do anything for their profits. If big oil is raping us and making big profits, AND the government makes more per gallon of gas than big oil, then that means that the government is raping us more and making even bigger profits right? The only reason that Big Oil is making record profits is because they have more customers to sell to (China and India). If you sell 30 items at a $1 profit you can make $30, however if you sell 1000 items at 1 penny profit, you make $1000. See how that works boys and girls?

Consider the source – Another Bush/Republican boner! Our untapped stores of oil are a drop in the bucket of what we need and the cost to recover it is more than the current cost of a barrel. Why is it that all of the Republican solutions do not entail harming the oil companies’ criminal profits. No, they are not a normal business that should be allowed to maximize profits – they are a processing and delivery system for a national resource (oil) that we all own or secure through our military tax dollars. The bottom line is the government has the laws on the books now and can create more if need be to control the price of gas – thus, the oil companies would not be able to raise prices in response. Here’s a real wild one, the government could nationalize oil, since oil is in limited supply and running out and the life blood of our economy, and the oil companies are extorting criminal profits, which are crippling our economy. Unless of course you’re an oil company, in which case your profits have QUADRUPLED!

I was laughed out of here for my idea once before.. I suggested that gasoline prices be adjusted accroding tothe fuel efficiency of your car or pickup. For example, if your car or pickup get 13 mpg, you pay $10 a gallon. If your car get 30 mpg, you pay $2 a gallon. Everythign will be computerized even your car will communicate with the smart gas pumps everywhere. If you haul loads, the suspension will sense the load and calculate the weight and mileage and give you a price break or send a report to IRS that will give you a tax break next April. If you drive a PickUp unloaded, you get no tax break for every mile it is used wihtout a load. We can do that. The programmers are too lazy and they love to ski down the slopes...

David
you are the big reason the oil price is still stuck high endlessly... The oil traders are telling eachother that David is still fiixin' to buy another PickUp that get 11 mpg regardlessly!!! There must still be so many of you like that still walking around fixin' to buy anoither shiny PickUp for no purpose whatsoever!!! No purpose in your wasted life, huh?

i am totally amazed at the ignorance of donald trump,,,,, i'm sure his non bankrupt enterprises earn more than the 8.5% on invested capital the oil companies earn... so lets tax donald

gumbo, you are right...... The gas guzzlers need to pay more; the gas-efficient, less.
The problem we have in this country is our premise to make as much $ as possible, and hell with whoever it affects. Trump wants more for himself, just as the oil companies want more. That is why we need to change our society and business model in the US. Until we think in terms of general benefit, we are doomed as a society. Right now, the general benefit is screaming to provide incentives for fuel-efficient vehicles but unfortunately, the government or business community, cannot provide a logical, well-thought out plan.

Trump says oil companies ripping us off and maybe they should be punished.
Trump does what?? Runs casinos! Who is ripping off who?

Hey people with common sence we as a whole need these oil feilds open. God will take care of the enviroment, we need to worry where we stand in the future. People keep driving as if fuel prices are not soaring and they are every day. In order to take control of this problem is to take care of your shopping in one trip instead of making so many trips for one or two items at a time. Don't drive unless you have too...... Boycott that's where we stand.

I think everyone , not specifically this board, needs to take a step back and look at the whole picture. The true culprit is a run-away options market for oil. Every one is participating all of the world from big investment conglomerates representing foreign interests to small time investors entering the market to groups of leverage traders entering oil futures contracts with, I hate to say this, NO margin requirements. Margin requirements are necessary for a various host of reasons, most importantly to institute some form of checks and balances. The market sways to the most ridiculous of post-it notes. And the well-fed cattle come running to push the price higher. There are serious problems with the guessing game of oil trading and investors are running rampant reaping from the lack of oversight. This problem was created by America and now it is a run-away train. It is time to reel the line back in. The next question is how? And what is the best course of action when the entire world is becoming more sensitive to change. Not sure of the answer, but I do think I see how we got into this mess. Maybe the threat to the rest of the world that we (America) are considering finding and pulling out our own oil again may be what the rest of the world needs to hear. Other countries may be bigger and may claim to have structured themselves fairly so as to produce natural resources, or they may claim to be the biggest users or have the most.....but one thing still holds true....America SPENDS the most, and they all know it. They want our money more than we do.

Donal Drump drives a $500,000 gas guzzler.

We should give Mr. Trump a break! First, he is owner of Casino's, Which have to operate with tightly Government controlled house percentages.
The oil Companies, on the other hand, have had their controls released by the last Republican Congress, which passed a Bill which removed the control of their activity in the futures market.
So, we have a corporation like Exxon/Mobil earning $40+ billion per quarter in net income,
for use in the futures market, to gain total control of the cost of gas, and other petroleum products. The very same Republicans who passed the bill that limited Big Oils from gaining control over the price of petroleum, are the ones who are now yelling the loudest that we should
drill for oil. I personally am very pissed at what has been allowed to happen to this once great nation. So, don't expect me to jump with joy with the idea that the republicans are about to get their butts kicked by the democrats, because 50% of the Democrats are Republican dressed as Democrats.

When was the last time that "The Donald" or anyone in his social strata actually experienced the inside of a commercial plane or drove in a car that was even remotely fuel efficient? How much gas has been wasted over the years by large dark cars waiting like
black labs for their owners to return home clogging the streets of Manhattan? And, how green are his buildings? Casinos and golf courses. We really don't have enough of them. The same comment that Ann Richards made about George W. Bush applies to Trump: "He was born on third base and he thinks he hit a triple."

Beltway Greg

There are many solutions. The board has hammered pickups. I use a trailer for all my hauling.
It uses no gas while sitting in my yard! When I
really need to haul something big I tow it with
a Honda Prelude. No kidding! I can haul 1.5 tons
of cargo with a little Honda.

HOme Deopts and Lowes are still notdoing much about renting pickups. Or they can offer free pickup use for purchases over $200 of plywood and lumber/posts whatever too bulky to carry home... Some people are parking their pickups and offer pickup services under the tables..

"If you sell 30 items at a $1 profit you can make $30, however if you sell 1000 items at 1 penny profit, you make $1000. See how that works boys and girls?"
David, I understand what you are getting at, but try to learn a little about math. If you sell a 1000 items at a penny its only ten bucks and that totally contradicts what you are trying to say.

Stop the speculation on oil, increase the windfall profit tax and stay off the butt's of hard working contractors like myself that need a pick up to work and pay all of those taxes that the rich no longer have to pay.