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Automotive News & Views How does gas at $4 and higher impact you?
2183 messages, Last post on Nov 21, 2009 at 5:13 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: mattandi (Sep 10, 2008 3:29 pm)
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Replying to: gagrice (Sep 10, 2008 6:25 pm) There is a lot of mud to go around in this. The implicated government employees, provided the allegations are accurate as they appear to be, were clearly in the wrong here. As you point out, many do have some difficulty believing public servants are capable of such behavior. Likewise many will be inclined to give the oil companies a pass on this as well. A little grease here or there is just part of the cost of doing business, right? The parties, gifts, drugs, and trips show up somewhere as business expenses. Not sure how the sex appears on the balance sheet though.  The quotes from the two congressmen are quite interesting. My favorite quote in the article: "Sexual relationships with prohibited sources cannot, by definition, be arms-length,"
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Replying to: mattandi (Sep 11, 2008 5:33 am) Even bribes are deductible as business expenses for tax purposes. The flip side is that if you list bribes on your tax return or SEC filings, other government law enforcement agencies might want to speak with you about it.
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Replying to: lemmer (Sep 11, 2008 5:49 am) On any given weekend in San Diego there are several conventions with the associated parties going on. They are paid for by some corporation. I know the ones I went to tied to the Cellular business always had Federal people in attendance from the FCC and who knows what else. Whatever the cost it is a tax deduction. Now multiply that times all the cities in the USA that cater to conventions. Billions are spent wining and dining people that can do those corporations some good. It sounds like the Minerals people know how to get the best parties going. If they ever cut off that tax loophole most of the convention centers in the US would go broke. PS I bet none of those convention goers worry about $4 gas. It is all a write-off.
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Replying to: gagrice (Sep 11, 2008 11:25 am)
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Replying to: lemmer (Sep 11, 2008 1:46 pm) No problem until they become Sex orgies, drinking and drug laced events to seduce legislation from Federal employees. As was the case posted that started this discussion.
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Replying to: gagrice (Sep 11, 2008 1:57 pm) Now ... does anyone have any comments about how the price of gas is affecting you? Even if it's dropped a good bit below $4 in lots of places around the country?
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Replying to: steve_ (Sep 11, 2008 6:06 pm) Filled the Expedition up today for $3.67. Yeah, I'd like to see them lower, but it doesn't affect me either. Last tank lasted two weeks.
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Replying to: dieselone (Sep 11, 2008 6:11 pm) |
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Replying to: lemmer (Sep 12, 2008 5:38 am) I guess Exxon and Valero shut down operations to ride out the storm, which impacted gas prices along the Texas coast nearby. I am not expecting prices to jump near me unless a significant portion of oil production is put out of commission by Ike.
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