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when asked if the oil company's might take a slight cut in profits, bush..

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mopaul Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 07:55 AM
Original message
when asked if the oil company's might take a slight cut in profits, bush..
...utterly dodged the dianne sawyer question. i'll see if i can dredge it up online.

oil company c.e.o.'s taking a slight cut in pay? the very idea.
then bush went on to warn against price gouging....excuse me?
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shoelace414 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 08:01 AM
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1. just the small busniesses price gouging..
he wasn't talking baout mego corporations, of course.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 08:01 AM
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2. they should contribute cash, says the grinning bastard.
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mattclearing Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 08:01 AM
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3. Ha! I'm sure he and Dad will be laughing about that one tonight. n/t
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Stockholm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 08:12 AM
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4. High oil prices will benefit * in the long run
High oil prices will be the next GOP talking point and a perfect reason for doing this and that.

That´s what you get when Exxon is writing your energy policy.

Is there even an oil crisis?
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Algorem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 08:46 AM
Response to Original message
5. Older machines not equipped to handle soaring gas prices
Some pumps can't keep up

Thursday, September 01, 2005

...

Sam Eisele, owner of a Marathon station in Portage County, was charging $2.99 a gallon Wednesday -- a dime less than his competitors with digital pumps up and down the street because that's the most his mechanical pumps with the rolling numbers would let him...

Hard as it may be to believe, pumps manufactured about 20 years ago were made to go no higher than $1.99 a gallon. The industry thought that was plenty high enough...

Benford of Ark Petroleum Products said older pumps are facing other problems. Some nationwide are malfunctioning because the internal gears - even upgraded - must work too hard to keep up with high gas prices. Gas flows into your tank at the same speed, but the dials and gears must spin faster to keep up.

"This stuff was never really intended to go that fast," Benford said. "They're spinning so fast, it's spinning the guts out of it."

http://www.cleveland.com/business/plaindealer/index.ssf?/base/business/1125567437107900.xml&coll=2&thispage=1

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