morganmghee’s Recent Comments

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  It's All Relative

  Bush defends Record '05 profits for Exxon, Exxon reported record profits of $10.71 billion for the fourth quarter and $36.13 billion for the year -- the largest of any U.S. company. Average crude oil prices over all of 2005 were $49.18, which was a 37-percent increase relative to the 2004 average of $35.99. http://seattlepi.nwsource.com/national/257887_bush02.html ... http://www.eia.doe.gov/emeu/perfpro/news_m/q405.pdf

  Exxon raked in record profits in '06 even though the price of a barrel of oil ended 2006 at $61.05 http://www.usatoday.com/money/companies/earnings/2007-02- ... http://www.eia.doe.gov/emeu/perfpro/news_i/fni_q406.pdf

  Exxon shatters profit records 2007 while crude prices hover between $85-$95 climbing from $50 in mid-January to over $90 in mid-October http://money.cnn.com/2008/02/01/news/companies/exxon_earn ... http://www.dallasfed.org/research/energy/en0704.cfm
  On Dear media, posted 11 months, 3 weeks ago 2 Responses

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  Ok, mreinbold

  We'll call it what it is, the war for oil in Iraq.On Party leaders in the House exchange heated notes about energy policy posted 1 year, 2 months ago 5 Responses

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  A letter of your own

  Why not add your own letter to the stack.  I advocate asking the Dem's to stand firm, no new drilling areas, use 'em or lose 'em current leases, tougher oversight and restrictions on commodity speculation, flip subsidies and incentives from oil to alternative energy production. To me it is the only plan to end the cycle of oil violence, create new jobs and clean up the air, land and water. Whatever your stance, take a moment to pen a letter, or leave a voice mail message. http://www.usa.gov/Contact/Elected.shtmlOn Party leaders in the House exchange heated notes about energy policy posted 1 year, 2 months ago 5 Responses

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  Yes, Russ

  Thanks for summing that up and saving me the time.
  12,954 Nuclear Power Plants:
  That's how many nuclear plants the world would need to build to replace its current fossil-fuel-based energy. 12,954 plants would cost $77.72 trillion - more than the total Gross World Product (GWP) of $65.95 trillion!
  http://www.architecture2030.org/news/news_090608.html#Dri ...On McCain's nuclear plan would cost $315 billion, with taxpayers risking over $100 billion posted 1 year, 2 months ago 21 Responses

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  Excepting gasoiline

  worried me, so I went looking for info and found:

  The proposed tax -- unveiled at a boisterous Liberal rally in Ottawa -- will hit electricity and home heating fuel but exempt gasoline at the pumps, which Dion said was already taxed.

  According to background documents, consumers will feel some impact, but the Liberals say extra fuel costs will be balanced off by income tax breaks and benefit increases. The average heating costs for homes that use oil are expected to rise by $203 per year. Homes using natural gas could see an average annual increase of $266.

  The Liberals say a family of four with an annual income of $60,000 will save more than $1,300 from their tax cuts. The savings will be largely offset by higher energy costs, and the Liberals say the bulk of their plan will be paid for by large industrial emitters.

  Dion said the tax would be revenue neutral, with the auditor general reporting annually to be certain.

  The plan "will put every single penny back into the hands of Canadians," he said.
  http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20080 ...On Environment and energy hot topics in Canadian election posted 1 year, 2 months ago 2 Responses