Re: Oil company bail-out
From: Rich (Rich355comcast.net)
Date: Sat, 3 Jan 2009 20:17:50 -0800 (PST)

----- Original Message ----- From: <rolindsay [at] yahoo.com>
To: "Rich" <rich355 [at] comcast.net>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Sent: Saturday, January 03, 2009 10:57 PM
Subject: [Ferrari] Oil company bail-out


Hey Gang,

Oil is selling for 1/3 what it sold for a year or so ago. Same with gasoline/petrol.

Its funny that no one is offering bail-out money to an industry earning 1/3 of what it did just a year or two ago. And unlike Ford, GM and Chrysler, we don't make a crap product! And our industry is grossly under staffed with increasingly fewer senior scientists and engineers. Many campuses believe the CNN-style uber-greenie crap and now discourage students from entering the energy sector. Been there, witnessed that! Let's just hope that we don't end up with layoffs and early retirements in oil and gas exploration, as in previous down-turns, or pretty soon $4 gasoline will seem like an incredibly fantastic bargain.

Rick - waiting for the recovery, or retiring
================================

And since the greenie weenies demand we save the Earth by using less gas in our cars, now that we are using less gas, democrats are plotting the next big federal gas tax increase to make up for the lost tax revenue as we "save the planet" and use less gasoline. Next thing we will se is a democrat gas tax on old sports cars that produce too much pollution , etc.Now that the Obamacrats control everything , they want to leave you with only "change "in your pocket.



Motorists' habits spur call for tax increases
By JOAN LOWY, Associated Press Writer Joan Lowy, Associated Press Writer - Fri Jan 2, 1:05 pm ET

WASHINGTON - Motorists are driving less and buying less gasoline, which means fuel taxes aren't raising enough money to keep pace with the cost of road, bridge and transit programs.

A roughly 50 percent increase in gasoline and diesel fuel taxes is being urged by the commission until the government devises another way for motorists to pay for using public roads.

http://news.yahoo.com/s/ap/20090102/ap_on_bi_ge/gas_tax

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