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Blog Entry 1 of 2
Get over it and buy your gas
So people write, call and complain about gas prices and everyone gets worked up when oil corporations make billions of dollars. Thus begs a few questions and observations -Is the 10-12 percent ROI the oil companies really out of line? How many people are going to invest in an industry with smaller percentages? -How many of the complainers have stocks/mutual funds invested in oil? I'm betting a lot. -Economic lesson-Oil is world commodity in high demand prices are based on WORLD demand not local demand. I'd also like to note that oil/gas is one of the cheapest forms of energy. It is also not limited, at least not in the any threatining time frame, and in abundant supply. -Oil companies do not set prices for crude oil-They are price takers. -Hey why don't we buld some nuclear plants? -Isn't the whole idea of capitalism to make money? Are we going to continue to punish success(ie Microsoft/Bill Gates)? -How come people complain so much about the price of a gallon of gas, but are more than willing to fork over $4 for a cup of coffee ie Starbucks? You can always change your traveling and commuting habits, but I feel we have not quite reached that price point. Until then enjoy what is still the chaepest most efficient way to get around.
Blog Url:
http://denver.yourhub.com/~NathanHatcher
Entries:
7/25/2006 'Congratulations'
3/2/2007 '1984 Newspeak arrives 2007'
Congratulations
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Contributed by:
Nathan Hatcher
on 7/25/2006
Congratulations to the Westminster Little League Softball Major team that finished by winning the state tournament in Grand Junction on Monday, July 24, and is headed to San Antonio for the regional tournament that begins Friday. The Westminster team (ages 11-12) is playing for a chance to advance to the softball world series in Portland, Ore., and we all wish Coach
David Klocker
and his girls a safe and successful trip.
Nathan Hatcher
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Showing 1 of 1 comments
Submitted By: Bill Prather
posted on 7/26/2006 @ 9:00:10 PM
Rated Blog Entry
I love your intro! Very common sense and right on! Congrats to the softball team, too.
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CONTRIBUTOR INFORMATION
Nathan Hatcher
Arvada
, CO
Nathan Hatcher has posted
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