Wednesday, November 09, 2005

Oil Company Profits

So they're defending the huge profits the oil companies are now generating. Interesting concept in light of the fact that these firms are making those profits by exploiting a resource that belongs to every generation that has ever existed and will exist for the next quarter million years. It's not the high price I object to, in fact if the stuff was priced correctly it would likely cost much more. I do however object to anyone getting rich by exploiting a resource that doesn't belong to them, it belongs to all of us.

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