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-   -   Smoke and Mirrors (http://www.striped-bass.com/Stripertalk/showthread.php?t=31242)

Skitterpop 05-03-2006 10:36 PM

Smoke and Mirrors
 
The House approved criminal penalties and fines of up to $150 million Wednesday for energy companies caught price gouging as lawmakers responded to public anger over high gasoline prices and huge oil industry profits

BigFish 05-03-2006 11:53 PM

Well....they have to actually investigate for that to happen and....well...you know!:wall:

Flaptail 05-04-2006 05:16 AM

150 million is chump change for those companies.

afterhours 05-04-2006 06:01 AM

Quote:

Originally Posted by Flaptail
150 million is chump change for those companies.

yup sure is when you profit 10 billion per quarter! make it a 10 billion fine!

ThrowingTimber 05-04-2006 06:26 AM

Now I dont claim to be a smart man but..... 10billion profit - 150 million fine = a lotta dough....

hit 'em with roughly 40-50% is what I say!

Skitterpop 05-04-2006 07:45 AM

Like a Federal Law.... Gasoline, Natural Gas, and Heating Oil should be cost controlled.

Make it cheap and affordable for the people of the United States!

That would lower their obscene profits.


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