Quoted Text
You watch, in the end the goverment--that's you and me folks--are going to have to pay the bill to build the new refineries they've been yelling about instead of the oil companies themselves. But after all, there's no sense in the big boys in the golden board rooms having to spend their well-earned monies to keep their companies afloat when the government can build them for nothing. After all, they have more important things to do with their money. There's politicians to buy, campaigns to finance, women to woe, countries to influence, etc., etc., etc. Ah, the hard live of high finance.
Take care, Sgirty 
 
Hmmm...My 65 year old mother is a part owner in several oil companies.  So am I. So are millions of Americans.  We hardly live the life of high finance, although I have helped influence a country or two.  I never have subscribed to the belief in "big boys in golden board rooms," or in big business in general.  Big business isn't some Monopoly fat cat characature-it's me, you, anyone who wants to invest in his future, and that of his country.  By doing so, you take a chance with your money. Those willing to take the risk enjoy the profits, or suffer the losses. 
I remember paying $1.29 for gas in Northern Michigan in 1980. Twenty years later I found a place in Texas selling at $.79.  Weird, huh? Even at today's prices the cost of gasoline has not kept up with inflation, and it still isn't as expensive as it was for me in Berlin in 1984.
As for the government bailing out the oil companies-
I worked for Good Hope Refineries in 1981, at that time the nation's largest independent, in Norco, LA. outside of New Orleans. (Undoubtedly underwater as I write this) When they went under, financially speaking, no one was there to bail them out, although Shell, with  a refinery across the street, did buy them out.  Again, capitalism at work.
I just can't get excited about this issue. Gas can go up another buck for all I care.  My wife and I made certain choices when we married-where to live, what to drive, etc... She works three miles from home.  And I... well, my uncle pays my travel expenses when I go to work.
The writing was on the wall years ago. Maybe more folks will heed it this time.