Who's college am I paying for?

When you are getting gas at a gas station do you everything "who is getting rich from my $40 purchase of gas ever week?" You may think that the gas stations are the ones that are making money from charging you $3 a gallon but in an article call "Who gets rich off $3 gas - who doesn't" the truth is that the crude oil makes that largest part of the $3 a gallon, it makes about $2.07. According to the article that money goes to oil companies like Chevron, BP, and Marathon or national oil companies that are controlled by other countries like Mexico and Saudi Arabia. In the article there are other people that get a small amount of money from the gas and that includes the oil traders, gas stations, taxes, transportation, and refining. I think that this is wrong and maybe should not have such a depends on oil and we need to find other forms of gas that we make our cars go. I also think that we should not be giving all this money to companies that are not even in the United States and we need to focus on ways that we can bring money in the United States economy.

This article is from CNNMoney.com titled "Who gets rich off $3 gas - who doesn't" written by Steve Hargreaves and the picture is from the same article.

Money....When is it coming?

When is the government going to start to send out our tax rebates that they are promising us? In an article in CNNMoney.com the IRS states that is will start sending out the 130 million rebate payments on May 2. All of this is in hope that it will boost the economy. The article states that the IRS hopes to get 25% of the checks out in the first three weeks and to have all of the checks out by July 11. According to the article it take the IRS about two weeks to process your tax returns, and then on top of that you will get you rebate in the mail too.
This information came from an article on CNNMoney.com written by Jeanne Sahadi called "Special tax rebates will begin May 2: IRS" at http://money.cnn.com/2008/03/17/pf/taxes/rebates_payment_schedule/index.htm.

Wheels make the world go round....

In an article written about the 3 major car industrials: GM, Ford, and Toyota, the stocks of cars have fall in the first two months of the new year. This big companies will be cutting shifts and also cutting the number of cars that they will produce in the second quarter. The cars that are not being sold by all od these companies are the larger trucks and SUV which have drop three percent in Feb. According to the article GM has dropped sales by 13 percent and Ford has dropped seven percent. I think that a large number of these drop in sales have been caused by the talk of there being a recession and by the large drop in the housing market.
According to the article written by Dee-Ann Durbin, both GM and Toyota are cutting the number of cars that they are producing in the second quarter. I hope that with this it will cut down the number of jobs that will be lost. Ford has stated in the article that it will be going from two shift in the summer to only one shift to match the lower demand for cars in North America.
I hope that the Untied States will be able to work out of this recession so that the people will not have to be laid off for long because that will most likey hurt our economy even more that what it has already.
The article I use was called "GM, Ford, Toyota US Sales Fall in Feb.;US Sales Tumble at GM, Ford, Slip at Toyota in February, GM and Ford Cut Production" by Dee-Ann Durbin, AP Auto Writer at http://biz.yahoo.com/ap/080303/auto_sales.html.