Quote:
Originally Posted by trikkonceptz
To me it looks like the fines are mearly gestures to appease the masses. Why? Because as soon as this goes down the price of gas will take a jump which will undoubtedly repay the oil companies for this disaster.
Why not freeze the price of gas and reduce it every week this continues? Make the companies take real loses that cannot be recovered in the next quarter? Or make part of their fine an agreement to invest agressively into alternative fuels to reduce our exposure to these mistakes.
Seems like our gov has no teeth rearding the oil business, I say push the auto manufacturers to create alternative energy vehicles and pass the bill for R&D directly to the oil companies as a result.
Ahhh to dream ...
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Why on earth would you penalize companies that didn't have a hand in this disaster?
And, of course, the real result of price controls is SHORTAGES, which will effect us poor folk far more than the fat cats who own the oil companies. Although since our entire economy is dependent on oil, this would be a good way to bring harm to, literally, everyone who directly or indirectly uses it.
If you want real retribution, the lawsuits forthcoming (there was a plaintiffs' attorney conference last week,) will hit BP, and hit it hard. But I'm not much on railing against Big Oil in the abstract, because the truth is Big Oil only has the power we give it, and as long as we're burning oil for energy, using oil for lubrication, buying stuff made of plastics, or using any one of a number of petroleum by-products, Big Oil is US.