Skip to main content

Leave them alone

Image
By
People are up in arms because oil companies are reporting record profits. Leave them alone. We are paying high prices for gasoline because of legislators. They have regulated refineries so much that oil companies won't build new refineries. There is plenty of oil, but little capacity to refine it. It's funny that Congress acts like the oil companies are some kind of monster that just cropped up. They created them! Just leave the oil companies alone. These record profits don't just disappear never to be seen again. The money gets paid out in dividends, capital gains, salaries, bonuses, and capital expenditures. With the United States being such a financial powerhouse, the money will come back to us. Corporations don't just "pocket" money. The money gets paid out. Consequently, it gets spent or invested. It is my hope that oil companies will use some money to lobby for relaxed refinery legislation. If law makers really want to reduce gas prices, they'd reduce the taxes on gasoline and other fuels. For every 10 cents an oil company makes, the government makes 50. Don't worry about the oil companies. Worry about the lawmakers.

Comments

Post a Comment

Affiliate Links

Popular posts from this blog

Cleaning Mold and Mildew From Your Window Air Conditioner

By
I don't think cleaning mold and mildew from your window air conditioner is a problem specific to the Rio Grande Valley. After all, there are plenty of other places with high temperatures and high humidity. However, given that there are so many of us who rely on window units to cool our homes, allow me to share some experience in cleaning these things out. Why I'm Cleaning My Own A/C Obviously, our window units grew some black stuff on the blower and its enclosure. This generated allergies in my little one, who is sensitive to such things. Not having my own laboratory, I couldn't tell you if it is mold or mildew. It matters not. What I've Tried Other than replacing the window unit every couple months, I've tried washing the unit with Clorox products. I figure bleach kills everything; but, I guess it doesn't. We still had to use cotton swabs to wipe and scrub surfaces on the blower and enclosure, which is almost impossible on some models. You can't d...
1 comment
Read more

Fall 2024 in the RGV

By
It's that time of year again when Winter Texans start to make their way south from the northern states. I have already had phone calls with a Winter Texan client who is getting ready to come down. I think it is fascinating that we can make friends from people who are visiting only seasonally.  Looking at the blog stats, I seem to get a peak in traffic every year. So I suppose it must be partly due to many of our friends coming back from up north.  Image generated by Gemini 1.5 Pro AI Speaking of seasons, we still have a couple of months to go before the end of hurricane season for 2024. We have been fortunate this year, compared to other parts of the USA. Although, south Texas could use the rain.  This time of year makes me happy as we finally have nights that are below 78F like we had all summer. This week we have had mornings in the 60s. While we still have hot days in the 90s, we at least get some respite in the evenings, leading to cool mornings.  Returning to RG...
Post a Comment
Read more

The Mad Mexican

By
Years ago, there used to be a DJ at B104, a local radio station. Until recent years, B104 had a large audience. They played pop music. The Mad Mexican used to do the morning show with Gary Rodriguez, who is now involved in McAllen politics. Well, the Mad Mexican is still working, but on a national level. I heard him this morning on Aguila, XM 92. Aguila is the Mexican music station on XM Satellite Radio. It's great to hear from him again. He's still pretty wild. Gary Rodriguez? He worked for 107.9 for a while before going to KURV and then entering politics.
2 comments
Read more