Exxon Misses Earnings Estimates

Funny, but I haven't heard of Obama calling the oil company executives into the White House for a conference on keeping energy costs affordable - hence helping us out of our economic hole. He's all about putting the arm on banks and their credit card fees - but how about dealing with what was 90% of our downturn ENERGY PRICES.

I leave you now with this thought, all the big bail outs are going to the big name finical institutions on Wall Street, the working class (middle) got to keep a little more of their checks. But that working class is shrinking everyday due to job loss (est 10 million lost jobs so far). Job loss floods the job market, lowing working wages because of the competition in the labor fields, benefiting the larger companies that do hire. (Lower wages means a bigger bottom line) So, if your big enough, it is a win, win situation all around. An also hard times squeezes out competition, creating more monopolies in big business. The consumer loses all the way around, write, call, email and fax your representative today, let them know your watching. Have a nice day.

People who have no jobs are not buying any new cars, they have no money. They are also not driving, no money, hence no driving. This whole world melt down economically, is due to the excessive greed and manipulation in the commodities energy market and can not be allow to continue.
The 12-month moving total for January is the lowest traffic volume (2,916 billion miles) in any month since February 2004. Further, the 110 billion mile reduction in the 12-month moving total since January 2008 (3,026 billion), represents about a $16 billion reduction in fuel costs for American drivers, at an average fuel efficiency of 23 m.p.g., and an average fuel cost of $3 in 2008. And yes gas is on the rise.

Refiners have been successful in putting their foot firmly on the hose to constrict the flow of fuel to the market. They have reduced utilization below capacity before their usual planned, maintenance-related springtime reductions. Some shut production down completely earlier this year in order to perform spring maintenance known as turn-a-rounds. The combination of planned and unplanned reductions put 2009 refinery use ****** lowest level in the last four years.

how sad----let Uncle Sap bail them out---