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Why hasn't any candidate from any party addressed Big Oils record profits, Gas Prices.?
Or maybe mandating that car companies produce non fossil fuel cars like battery cars or plug-in hybrids to reduces oil dependency in the next few years. Why do they want to keep us attached to gas stations for hydrogen. Why do hrdrogen cars have to incorperate Fuel Cells when they are more complicated and expencive and act like batteries. Why are all there energy solution goal dates at 2030 to 2050?
I don't mean every car must be non fossil fuel just some. Enough to have a choice so big oil doesn't have a monopoly on fuel. Not for global warming either
I said I like batteries. I said I don't like fuel cell because it complicated and expenceive and in the end acts like a battery.
Batteries could be recharged in 10 minutes and could be done at a gas stations on long trips. This would cause people to browse for 10 minutes so I think gas stations wouldn't mind that option.
The government has a right to stop monopolization so it wouldn't be communism.
So far all answers suck.
14 Answers
- Anonymous1 decade agoFavorite Answer
Bush and our vice are oil magnates-they profit from it. And the crisis in health care and the economy takes precedence over the oil issue right now. You can tackle only one problem at a time. To get a mandate requiring car companies to built cars that are less dependent on gas still does not solve the problem in the short term--it takes years to develop and then built a car that is not gas dependent and runs on electricity. The simple fact is that the U.S. got behind with that research and the current administration doesn't encourage it because then they lose profits!!!!!!!
- Anonymous1 decade ago
Ok, lets say it's mandated that car companies produce non-fossil fuel cars and outlaw your car right now. What's the matter? It's only 25,000 or more for a new car? Pocket change, right?
Why are goals targeted for 2030 or higher? Because you cannot take an economy that's based on petroleum and change it over night. It takes time otherwise you have market upheaval.
And while I have criticisms of my own about hydrogen power, I want to know what you suggest instead. You don't like hydrogen fuel cells. You don't like batteries. You don't like oil. In regards to energy, what do you like?
Addl: Batteries that carry enough power to run a car can be recharged in 10 minutes in Star Trek. But this is the real world. The kind of technology you're talking about is still in research and, at best, prototype phase.
- Anonymous1 decade ago
Why mandate anything that a private business does? That is called communism last time I checked. How about opening up Anwar to exploration or maybe off shore drilling? Why should car companies make cars that only a limited amount of people will buy costing the car companies even more money. Big Oil is not our enemy. They do a hell of job getting us gas we use every day. Exxon paid 29 billion in taxes in 06 that is more than 40 percent of people paid in income taxes. Just saying we NEED to change without a guiding light makes no sense. If all these other alternative sources are so great then they would be used. Each energy source has problems and benefits but we need to weigh what each one is before installing them. Gas stations took years to be everywhere as well as the infrastructure.
- bereal1Lv 61 decade ago
Exxon reported profits of $40.6 billion in 2007 ...
"The reason politicians can successfully demagogue these profits is that the vast majority .. and we're talking 95% and above .. of Americans couldn't tell you the difference between a profit and a profit margin if their flat screen TVs depended on it. Simply stated, profit is the total amount you make. Profit margin is how much you make on each dollar of sales. You would think that this would be taught in our government schools ... but if you did think that you would be wrong." NB
( He explains it so eloquently!!!) So in all honesty,Exxon's profit margin during these record profit years? Staying about the same, around 10%. Oh and don't forget... they also paid over $70billion in income taxes.. So I really don't see how any candidate has the right to do anything... I mean, NO where in the Constitution does government have the right to "take" the profit from any privately owned institution.. and nor should they... Shoot, Hollywood and Cover Girl made more than the oil companies.....and unlike "big oil" ,they set their prices...
Source(s): http://seekingalpha.com/ - How do you think about the answers? You can sign in to vote the answer.
- desotobraveLv 61 decade ago
It's none of your business what kind of car a manufacturer builds. You want a car like that? Find someone to design and build it.
BTW, "Big Oil's" record profits are due to record volume. Their ROI isn't out of line with other industries.
- djominous20Lv 51 decade ago
keep smoking that weed , you do realize people that own farms cant plug their tractor in ever couple hours , or cant afford not to have a 4X4 truck , and then lets see not everyone lives in the city either , and to have to your car in is just plain stupid so if i have a battery car and was going from philly to long island , unstead of 5 hrs it would take me 2 days due to recharging stops , hmmmmm why dont we go back to horse and buggy , stop being brainwashed
- 1 decade ago
its every company right to make money. A lot of people 401k plans are in the oil companies, why do you care that oil companines are making money that is good
- KJLv 41 decade ago
McCain approves of a 50 cent a gal. increase on gas prices. Don't know about the others.
- 1 decade ago
Obama has spoken about Oil Co's and their CEOs.
Foreign Oil Dependency and looking to alternative fuels.
I think all 3 Candidates have touched on the Alt. fuels.
- Anonymous1 decade ago
the US is still a democracy and the government does not control the profit and loss of people that engage in business