ExxonMobil posted record profits

scaeagles · 10-27-2005, 12:05 PM

Oh - they could. However, it comes down to a simple cost benefit analysis. Does the cost of expanding or developing new refining capability overwhelm the benefits to their bottom line? Being that they are a corporation that wants to make money, the answer is clearly no. Part of that is government regulation.

If they could make more money doing it, you bet they would.

Scrooge McSam · 10-27-2005, 12:25 PM

Quote:

Originally Posted by scaeagles

Part of that is government regulation.

Yep, Part! But that's not what we hear. The argument is that government regulation is the main obstacle to building refineries. The government is restricting their ability to supply us with the finest petroleum products in the world.

<cue short sighted congressman bent on easing environmental regulation as payment for that generous corporate contribution>

And the people say "bah bah"

10-27-2005, 12:05 PM	#1
scaeagles I LIKE! Join Date: Jan 2005 Posts: 7,819	Oh - they could. However, it comes down to a simple cost benefit analysis. Does the cost of expanding or developing new refining capability overwhelm the benefits to their bottom line? Being that they are a corporation that wants to make money, the answer is clearly no. Part of that is government regulation. If they could make more money doing it, you bet they would.
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