Wednesday, August 16, 2006

Gas Prices Again

So have you heard the media's reasons for high gas prices. They are still saying as I pointed out before it's due to the higher demand in China and India. Demand is up but supply is not therefore we have higher prices. OK that's business 101, makes sense right? WRONG. The oil companies are reporting record profits. That's reason number one to be mad. Reason number two: We send jobs offshore, why? because the labor is cheaper so the company can make more money, so let's put this together. We send our jobs across seas which keeps American's from working, then we pay those folks over there poverty level wages, but those folks have to get to and from work, this causes the demand for gasoline to go up, in turn the oil companies CAN'T charge competitive prices over there because those folks can't pay it and if they did they wouldn't be working for those cheap wages. So, in order to keep the profit margins up they charge us the difference. In summary we are paying for people to take our jobs. Now that's a reason to be pissed off.