Truckers are making a stand...

OCBob said:
I'm all for capitalism, but we are being raped by the oil companies. They are reporting even bigger profits each quarter, shattering records for earnings by corporations. That is not right. Energy is essential to our national security on so many levels it staggers the mind. A penny raise at the pumps effects each and every one of us, mostly on things that we don't even see or realize.

It is time to put an end to the unbridled greed of those running these companies. First thing that needs to be done is to take away their tax credits, why in the hell are we subsidizing billionaires? I'm not sure how we can decide what a fair profit is, but it needs to be done. And if the government cannot do that, then it is time to replace each and every one of them, like Ken said.

We are headed for serious trouble, the current state of the economy is nothing compared to what it may soon be. And it isn't housing that is the primary culprit, it is energy. Just heard that the average household is spending over 10% of their income on fuel. Just so they can get to work if they are lucky enough to be working.

Not only that, Food cost is up 25%, house prices are down, forclosures are up 112% from last year. Energy costs are rising, inflation is rising. Cars are still expensive as heck, Homes are probably still priced high (not overpriced just on the upper end of fair). People are making less because we are service oriented, and the rising prices will hurt those who are on fixed income, steady paychecks. This economy is really hurting me too. And I never thought I would say that, I am having to go into my savings for the frist time. If it keeps up I will have to sell my Viper in a few months, because I can't justify taking money out of savings when it sits in my garage. Mostly thought I took out a 15 year mortgage at the ned of last year so the large payment is tough to crack.
 
The oil company's say they need the tax breaks for exploration, new refineries, maintenance/upkeep, R&D, blah, blah, blah. And they say they use their profits as well for these purposes -- to all that I say bull$hit. How many new refineries been built and put into service? Oil exploration, yeah right, good luck getting "permission" to sink a new well or for that matter to build a new refinery -- well not in my Federally protected back yard. O&M costs -- ummm, isn't that already built into the price (albeit highly inflated) us poor consumers pay? IMO, the only way to hit 'em where it hurts is to stop buying the product. Demand goes away, so does the price. In the real world however, this is easier said than done. And what are the Feds doing about all this, other than preaching the low value of the US Dollar?
 
FastRam said:
The oil company's say they need the tax breaks for exploration, new refineries, maintenance/upkeep, R&D, blah, blah, blah. And they say they use their profits as well for these purposes -- to all that I say bull$hit. How many new refineries been built and put into service? Oil exploration, yeah right, good luck getting "permission" to sink a new well or for that matter to build a new refinery -- well not in my Federally protected back yard. O&M costs -- ummm, isn't that already built into the price (albeit highly inflated) us poor consumers pay? IMO, the only way to hit 'em where it hurts is to stop buying the product. Demand goes away, so does the price. In the real world however, this is easier said than done. And what are the Feds doing about all this, other than preaching the low value of the US Dollar?
The current administration acts like they are already out of office and that this is someone else's problem. How much do you want to bet that their "blind" trust investments are heavily laden with oil company stocks and oil futures?

They treat us like idiots, though I've yet to see any evidence that they are wrong. The American public is for the most part taking this lying down. Where is the outrage? There are some that talk about impeachments because of Iraq, I have a feeling that if the truth about the mismanagement and corruption in our energy policy ever comes out it will be beyond our wildest imaginations. I believe that beyond any shadow of doubt this is this administrations worst failure, almost criminal.We could very well be living out the Bush legacy for years to come. I wish I could take my vote back, even if only symbolically. Mexico sounds better each and every day.
 
We are now a third world nation.......

if your net worth is not above 3 million you are lower class.....

there is no more middle class...........

we all loose in this game:(
 
Black1 said:
Revolution
Perseverance
Prosperity
Decadence
Complacency
Decline
Peril
Servitude
......

This is the way it has been for centuries..... What stage is our civilization in???? :dontknow: :confused: :(

There is no stopping the cycle.... Unfortunately, all of the people CAPABLE (by being put through PERIL and SERVITUDE) have long been dead. I'm afraid, as always though out the history of man, we have no large numbers to fight what is coming next..... :(

OCBob said:
...

They treat us like idiots, though I've yet to see any evidence that they are wrong. The American public is for the most part taking this lying down. Where is the outrage? There are some that talk about impeachments because of Iraq, I have a feeling that if the truth about the mismanagement and corruption in our energy policy ever comes out it will be beyond our wildest imaginations. I believe that beyond any shadow of doubt this is this administrations worst failure, almost criminal.We could very well be living out the Bush legacy for years to come. I wish I could take my vote back, even if only symbolically. Mexico sounds better each and every day.

COMPLACENCY ..... Thanks, Bob. At least someone answered my question. ;) :eek:
 
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OCBob said:
The current administration acts like they are already out of office and that this is someone else's problem. How much do you want to bet that their "blind" trust investments are heavily laden with oil company stocks and oil futures?
They treat us like idiots, though I've yet to see any evidence that they are wrong. The American public is for the most part taking this lying down. Where is the outrage? There are some that talk about impeachments because of Iraq, I have a feeling that if the truth about the mismanagement and corruption in our energy policy ever comes out it will be beyond our wildest imaginations. I believe that beyond any shadow of doubt this is this administrations worst failure, almost criminal.We could very well be living out the Bush legacy for years to come. I wish I could take my vote back, even if only symbolically. Mexico sounds better each and every day.

I wouldn't take that bet for all its worth. I have been saying all along, watch, when the current adminstration changes hands, the price of oil, gas, diesel, etc. will begin to drop. Besides one can only make a couple of million on the "speeech circuits". Build up the stock value, dump it at the right time and you're set for life -- IMHO. Also, the oil companies are no dummies and they are riding this wave for all its worth and for as long as they can get away with it. I heard on the news again more record setting profits reported from oil company's (didn't catch exactly who reported).
 
must not have gotten anything accomplished, havent seen anything on the news
 
Results? Probably not much. :dontknow: But I do wonder what our elected officials did do, other than having some face time with the truckers so that the media can portray their sincerity and concern over the problem.
 
thats like spitting in our faces in my opinion. would rather see some action
 
Actions speak louder than words, I guess. So far I don't see much happening. :dontknow:
 
Hey, It's not the oil companies. They are stuck with the commodity prices on oil speculation and this is controlled by the "f---in" arabs and their production numbers. They control the volume thus they control the price now at $120.00 a barrel. This is economic terrorism and we're seeing the results. They don't need to kill us with bombs they will just starve us. Same result. The governments of the US, Canada and Mexico would allow more exploration, production of fields and new refineries we wouldn't need the arab oil. We won't run out and we'll be using hydrogen fuels in the near future. So it's not the oil companies, it's our government and the "f---in" arabs.
 
Faced with $4-per-gallon diesel fuel, truck drivers -- who deliver 70 percent of the nation's goods -- are hitting the brakes.
Until the beginning of this month, Americans seemed to have nothing to say about their ongoing economic ruin except, "Hit me! Please, hit me again!" You can take my house, but let me mow the lawn for you one more time before you repossess. Take my job and I'll just slink off somewhere out of sight. Oh, and take my health insurance too; I can always fall back on Advil.

Then, on April 1, in a wave of defiance, truck drivers began taking the strongest form of action they can take: inaction. Faced with $4-per-gallon diesel fuel, they slowed down, shut down and started honking. On the New Jersey Turnpike, a convoy of trucks stretching "as far as the eye can see," according to a turnpike spokesman, drove at a glacial 20 miles per hour.

Outside of Chicago, they slowed and drove three abreast, blocking traffic and taking arrests. They jammed into Harrisburg, Pennsylvania; they slowed down the Port of Tampa, where fifty rigs sat idle in protest. Near Buffalo, one driver told the press he was taking the week off "to pray for the economy."

The truckers who organized the protests -- by CB radio and Internet -- have a specific goal: reducing the price of diesel fuel. They are owner-operators, meaning they are also businesspeople, and they can't break even with current fuel costs. They want the government to release its fuel reserves. They want an investigation into oil company profits and government subsidies of the oil companies. Of the drivers I talked to, all were acutely aware that the government had found, in the course of a weekend, $30 billion to bail out Bear Stearns, while their own businesses are in a tailspin.

But the truckers' protests have ramifications far beyond the owner-operators' plight -- first, because trucking is hardly a marginal business. You may imagine, here in the blogosphere, that everything important travels at the speed of pixels bouncing off of satellites, but 70 percent of the nation's goods -- from Cheerios to Chapstick -- travel by truck. We were able to survive a writers' strike, but a trucking strike would affect a lot more than your viewing options. As Donald Hayden, a Maine trucker put it to me: "If all the truckers decide to shut this country down, there's going to be nothing they can do about it."

More importantly, the activist truckers understand their protest to be part of a larger effort to "take back America," as one put it to me. "We continue to maintain this is not just about us," JB -- which is his CB handle and stands for the "Jake Brake" on large rigs -- told me from a rest stop in Virginia on his way to Florida. "It's about everybody -- the homeowners, the construction workers, the elderly people who can't afford their heating bills. This is not the action of the truck drivers, but of the people." Hayden mentions his parents, ages and 81 and 76, who've fought the Maine winter on a fixed income. Missouri-based driver Dan Little sees stores shutting down in his little town of Carrollton. "We're Americans," he tells me, "We built this country, and I'll be damned if I'm going to lie down and take this."
At least one of the truckers' tactics may be translatable to the foreclosure crisis. On March 29, Hayden surrendered three rigs to be repossessed by Daimler-Chrysler -- only he did it publicly, with flair, right in front of the statehouse in Augusta. "Repossession is something people don't usually see," he says, and he wanted the state legislature to take notice. As he took the keys, the representative of Daimler-Chrysler said, according to Hayden, "I don't see why you couldn't make the payments." To which Hayden responded, "See, I have to pay for fuel and food, and I've eaten too many meals in my life to give that up."

Suppose homeowners were to start making their foreclosures into public events -- inviting the neighbors and the press, at least getting someone to camcord the children sitting disconsolately on the steps and the furniture spread out on the lawn. Maybe, for a nice dramatic touch, have the neighbors shower the bankers, when they arrive, with dollar bills and loose change, since those bankers never can seem to get enough.

But the larger message of the truckers' protest is about pride or, more humbly put, self-respect, which these men channel from their roots. Dan Little tells me, "My granddad said, and he was the smartest man I ever knew, 'If you don't stand up for yourself, ain't nobody gonna stand up for you.'" Go to www.TheAmericanDriver.com, run by JB and his brother in Texas, where you're greeted by a giant American flag, and you'll find -- among the driving tips, weather info, and drivers' favorite photos -- the entire Constitution and Declaration of Independence. "The last time we faced something as impacting on us," JB tells me, "There was a revolution."

The actions of the first week in April were just the beginning. There's talk of a protest in Indiana on April 18, another in New York City, and a giant convergence of trucks on DC on April 28. Who knows what it will all add up to? Already, according to JB, some of the big trucking companies are threatening to fire any of their employees who join the owner-operators' protests.

But at least we have one shining example of defiance of the face of economic assault. There comes a point, sooner or later, when you stop scrambling around on all fours and, like JB and his fellow drivers all over the country, you finally stand up.
 
I kept telling our Congressmen & the media for months that there is enough oil still in the ground to last another 300 years at the present rate of use, and this is just one of the new field coming on line. Now they have to lessen. When they say fuel prices are up because we running out of oil their full of ....... well just read on.

If this doesn't drive crude oil prices and fuel prices down when they go into full production then its just added proof that there is a conspiricy by the oil companies and our Gov.

I told this person who wrote this article about Bakken Oil Field two months ago, when he said we had reached "PECK OIL" and I told him he was full of it. He's changed his tune now.

His article starts here .... I cut the boring part about investing.

It's the largest domestic oil discovery since Alaska's Prudhoe Bay and has the potential to eliminate all American dependence on foreign oil.


The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable... at $107 a barrel, Montana is looking at a resource base worth more than $5.3 trillion.
"When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea." says Terry Johnson, the Montana Legislature's financial analyst.
"This sizeable find is now the highest-producing onshore oil field found in the past 56 years," reports The Pittsburgh Post Gazette.
It's a formation known as the Williston Basin, but is more commonly referred to as the "Bakken." And it stretches from Northern Montana, through North Dakota and into Canada.

For years, U.S. oil exploration has been considered a dead end. Even the "Big Oil" companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken's massive reserves... and we now have access of up to 500 billion barrels.
And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!

That's enough crude to fully fuel the American economy for 41 years straight.
To America, this discovery couldn't have come at a better time. You see, when all the wells are finally drilled and pumping, we won't have to import any foreign oil from the Middle East. Not a single drop!
For investors like you and me, it offers a "once-in-a-lifetime" chance to profit on ever-rising demand for oil. And we can do it by getting in on the groundfloor of the next great oil boom...



Even the US Government has confirmed the Bakken as a huge oil formation. The government's own Energy Information Administration (EIA) issued this press release:
"...with new drilling and completion technology taken into account, the resource base for the entire formation is potentially much larger. A study provides estimates ranging up to 503 billion barrels of potential resources in place."
Oil in the Bakken isn't gritty, dirty and expensive like the Alberta oil sands.
We're talking light, sweet crude oil - the least expensive and easiest to refine oil out there.
And here's the kicker...

Montana lawmakers recently passed a bill that creates an 18-month tax holiday for oil wells drilled and completed in this area.
This legislation has caused a massive increase in exploration and has blown the top off this hidden ocean of oil.


Since this bill was passed, a small group of investors have been taking advantage of this untapped resource and are making thousands of dollars each month.
"It's a good, old fashioned oil boom," says Dr. Paul Polzin, a University of Montana economist.
One company has been there since the beginning of the Bakken boom... and is already selling its oil to the market. And the best part about it - this company is sharing its Bakken profits with everyday investors.
You see, for the past seven years, this company has distributed its net profits in the form of MONTHLY cash payments. They have sent their shareholders profit-sharing checks for 84 months in a row... and the check amounts are on the rise.

Mark my words, an opportunity like this only comes around once every so often and I can GUARANTEE that this will not remain a secret for much longer.



In fact, some of the local media are beginning to report on it...
"People in the region 'are just starting to see the potential' in this new oil play" - Grand Forks Herald, Nov. 4, 2007
"The huge potential of the Bakken play has industry and government officials gushing with superlatives." -CanWest News Service, Dec. 10, 2007
"Montanan residents with oil royalties have, literally, been made millionaires." -Missoulian.com, Dec. 2, 2007
 

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