I got a bill in the mail the other day for $95.43. Much as I hate bills, I'll pay it. It's my responsibility.
Could have been worse. Could have been the $69 million bill that the Unites States government sent to BP last week. I don't think I could have handled that one.
I was actually kind of proud of the Obama administration when I heard that they had sent the British petroleum company a bill for the government's costs due to the Gulf of Mexico oil spill. And I snickered just a little bit when I heard that the government had given the oil company until July 1 to pay.
Over the past couple weeks, we've heard that there may be some sort of cap on BP's liability concerning the un-natural disaster they created in ocean. That means that the rest of the cost would fall on US taxpayers, a thought that seemed unconscionable to me.
I didn't mind paying the bill I was responsible for. But getting billed for the oil leak would certainly bother me.
Of course nothing can happen in the world these days without it having some political ramifications. To many in the Republican party this oil spill is somehow entirely the fault of President Obama and the Democrats in Congress. I've heard repeatedly that the oil leak is
“Obama's Katrina.” The people saying this, mind you, are the same exact people who want government to stay out of the affairs of business entirely.
Truth be told, I want as little government intervention in the business world as possible, too. But I don't then blame government when a business screws up.
Note to the GOP: You can't have your cake and eat it, too. Either you want government regulation and oversight, or you don't. You can't complain that Obama should have done more when you've been complaining that he's been doing too much up to this point. That's disingenuous and that's just one of the many reasons why I'll never join your little party.
Yes, BP screwed up. They've created an environmental disaster the likes of which have never been seen along our shores. And they should be held accountable for it. Every dime.
The ocean has been polluted. Wildlife has been killed. And the United States has become a laughingstock once again. So, yeah, BP should pay for that.
The president also took some flack last week because he hasn't been openly upset enough about the oil leak. More politics, apparently.
I thought White House Press Secretary Robert Gibbs' response to that particular accusation was just about perfect.
“If the president thought that yelling at the top of his lungs would solve this crisis, he would stand on top of the White House and do that. But he believes this crisis will be solved by plugging the hole and responding to the damage done, not by method acting,” Gibbs told
reporters last week.
That said, the president could stay true to his word about not resting until the leak is plugged. He's been seen doing a lot of relaxing and a lot of playing while the ocean fills with oil.
I know a lot of people are plenty upset about the situation, self included. I also know there's been plenty of jokes about it on late-night TV and the internet. I guess maybe that's our way. It is, however, a very serious issue that won't be solved by finger pointing or punchlines.
The leak needs to be stopped. The disaster needs to be cleaned. And the bill needs to be paid. And not by you and I.
I say what I think. If that's a problem for you, you might want to try a different website.
Showing posts with label Oil companies. Show all posts
Showing posts with label Oil companies. Show all posts
Tuesday, June 8, 2010
Obama and the oil leak
Tuesday, May 27, 2008
Aghast over gas?
Contrary to the recent headlines proclaiming the entire country to be up in arms and aghast at the price of fuel, I'm not.
I want to be angry. I've tried. In fact, I've spent the last few days trying to get angry just so I could write about how angry I am.
Maybe it's that I don't drive enough. Maybe it's that I'm in a better financial situation than others. Or maybe it's just my cool demeanor. But I doubt it.
Don't get me wrong, I'm not happy about $4-plus gas. I certainly don't look forward to spending more and more of my hard-earned money on getting from point A to point B. But I'm certainly not angry.
Who, after all, am I supposed to be angry at?
Should I be angry at the Bush administration for not being able to force OPEC and oil companies to set their prices lower?
Should I be angry at Congress for the same? Or for not having billions of barrels of oil stored out back somewhere to help this crunch we're in?
Should I be angry at the oil companies themselves for wanting to make a profit?
The most frequent excuse I hear for why I should be angry is that "big oil" is reaping larger and larger profits each quarter. Of course, their response is that they actually only make pennies on a gallon and the reason for the high profits is that we keep consuming more and more gallons.
So should I be angry at you? Or myself? Or developing nations in Africa and Asia that are using more oil than they used to?
Cause when it really comes down to it, it's supply and demand. The more in demand something is, the more "they" charge us for the supply.
Sure oil company profits are huge ... but their profit margin is not. Many of you could surely care less about profit margin, but look at it this way: You'd surely invest a dollar to make $10. And you'd likely invest $10 to make $100. But would you be so willing to invest $100 to make $10? You're still making the same $10 you were before when you were investing $1 ... but the deal doesn't look as good now. Profit's the same ... but profit margin is less.
You know the old saying, "Don't cry over spilt milk." Well, I guess I have a similar philosophy on gas. I'm not going to cry over milk someone else spilled ... even if I have to clean it up.
Being angry gets you no where. You still have to spend $4.09 - or whatever it is by the time you read this - on gas ... plus you're angry about it.
Now, if we could bottle anger and use it to run cars ... then I'd be trying even harder to be angry ... and baiting you to do the same.
But that's not the case. Cars run on gasoline. (most of 'em). Gasoline comes from the oil companies. And we're not part of the process until we pull up to the pump.
That's not to say we can't do anything about the amount of gasoline we consume. But most of us - apparently - aren't angry enough to do that yet. I can tell by the amount of SUVs and pickup trucks driving around at any given time.
In the end, unless you're getting 36 miles to the gallon - which many cars get now - the only person you should be angry at about the amount you spend on gasoline ... is you.
And I'm not about to be angry at myself. So I just won't be angry.
I want to be angry. I've tried. In fact, I've spent the last few days trying to get angry just so I could write about how angry I am.
Maybe it's that I don't drive enough. Maybe it's that I'm in a better financial situation than others. Or maybe it's just my cool demeanor. But I doubt it.
Don't get me wrong, I'm not happy about $4-plus gas. I certainly don't look forward to spending more and more of my hard-earned money on getting from point A to point B. But I'm certainly not angry.
Who, after all, am I supposed to be angry at?
Should I be angry at the Bush administration for not being able to force OPEC and oil companies to set their prices lower?
Should I be angry at Congress for the same? Or for not having billions of barrels of oil stored out back somewhere to help this crunch we're in?
Should I be angry at the oil companies themselves for wanting to make a profit?
The most frequent excuse I hear for why I should be angry is that "big oil" is reaping larger and larger profits each quarter. Of course, their response is that they actually only make pennies on a gallon and the reason for the high profits is that we keep consuming more and more gallons.
So should I be angry at you? Or myself? Or developing nations in Africa and Asia that are using more oil than they used to?
Cause when it really comes down to it, it's supply and demand. The more in demand something is, the more "they" charge us for the supply.
Sure oil company profits are huge ... but their profit margin is not. Many of you could surely care less about profit margin, but look at it this way: You'd surely invest a dollar to make $10. And you'd likely invest $10 to make $100. But would you be so willing to invest $100 to make $10? You're still making the same $10 you were before when you were investing $1 ... but the deal doesn't look as good now. Profit's the same ... but profit margin is less.
You know the old saying, "Don't cry over spilt milk." Well, I guess I have a similar philosophy on gas. I'm not going to cry over milk someone else spilled ... even if I have to clean it up.
Being angry gets you no where. You still have to spend $4.09 - or whatever it is by the time you read this - on gas ... plus you're angry about it.
Now, if we could bottle anger and use it to run cars ... then I'd be trying even harder to be angry ... and baiting you to do the same.
But that's not the case. Cars run on gasoline. (most of 'em). Gasoline comes from the oil companies. And we're not part of the process until we pull up to the pump.
That's not to say we can't do anything about the amount of gasoline we consume. But most of us - apparently - aren't angry enough to do that yet. I can tell by the amount of SUVs and pickup trucks driving around at any given time.
In the end, unless you're getting 36 miles to the gallon - which many cars get now - the only person you should be angry at about the amount you spend on gasoline ... is you.
And I'm not about to be angry at myself. So I just won't be angry.
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