Just "TAKE" their profits, is what this really means. Anyone ever stop and think that as gas and oil becomes more scare, money is needed to find new sources?

... but a dictator. "[The President] also dismissed a strategy promoted by some liberals as a possible solution, the notion that the constitution might give the president the ability to proceed unilaterally in raising the debt limit without congressional approval." At least he is saying 'no' to his cool-aid drinking minions for now. Though he has considered it. This guy really wishes he could be King. If it weren't for this darn out-dated Constitution.... He'll have to have his lawyers look into that too.

The same one that requires wars to be approved by congress? Yeah that one. Thanks Iraq and Afghanistan!

You mean the two that congress authorized, as they voted to allow troops to go and continue to authorize by funding it. When was the vote authorizing us to bomb Libya and arm the rebels there?

Last time I checked Congress voted and approved of sending troops to both those locations unlike sending forces to fight in Lebanon.

Why bother, I can say aythign that will change your kind of stupid, so I will just note it when I see it and move on. Perhaps mark it with something clever that means brain dead. "?80"

While they continue to make record profits, I really have a hard time feeling sorry for them. There doesn't appear to be a shortage. They will use any excuse they can to justify the rising costs even though that excuse doesn't make any sense. Obama has talked about taking the money they receive in tax breaks to find to new sources of energy.

Are you kidding? Where is your evidence on that? Are you citing the usual Democratic myth and 'conventional wisdom' or do you understand business economics. If you are pointing at big bad oil companies (who I doubt are making 'record profits'), look at their percentage margin of profit - not dollar amounts. To say you are making a billion dollars in profits when you are a trillion dollar company is not 'record profits'. When it costs a trillion dollars in R & D (exploration and development) and you are only making a billion dollar profit, that is not raking in the money.

Do any of you right jobs know how to google?

http://www.rawstory.com/rs/2011/08/01/companies-near-record-profits-amid-high-unemployment/

Look up the word "profit." It's what's left over AFTER your expenses, like R&D and etc. Holy cow.... And yes, record profits HAVE been reported in a more than one recent year by at least a few oil companies.

Will only lead to them passing it along to us, as opposed to flooding the market with oil,and watching hedge-fund speculators drop the price per barrel tomorrow.

you don't offer tax breaks! Amazon could have had over 1200 jobs for the people of North Caolina, but because they didn't offer a 5 year tax break, NO JOBS!! Obama & Democrats tell only the downsides of these (Bush) tax breaks and it's very unfortunate that a majority of people believe them!!

Oh, that's right, he didn't create jobs with his tax breaks - he sent it to off shore bank accounts.

There has been hundreds of billions of dollars spent in the last 30 years looking for new sources of energy. Not much bang for your buck huh? It's a scam for more grant money so more degreed losers can be on the taxpayers dole.

Yeah, 'cause you know, we hate them learned folks. The ones that design our fancy stuff. Them's elites and I just want them dumbs leading me.

We won't go back to a pre-911 mentality and will unify as a nation, but with 2012 election on the horizon, unfortunately it will get ugly,again.

More taxes on producers of goods and services won't hurt. Duh... prices won't rise? Democrats party of the little guy? More like an abusive spouse. Beat her bloody, she splits, beg her back and stomp her again. This pattern has been repeated since Carter. Obama makes Clinton look like a good president.

No. Bush made Clinton look like a good president.

I am going to agree with you in a paraphrase. If Bush does make Clinton look like a good president and in some ways he does, 0bama makes Bush look good and Clinton near great. And, 0bama makes Carter look much less bumbling and in over his head than he has looked thus far.

Sorry. Disagree. I think Bush looks not good at all. I will give him some credit for improving security. I will blame him for putting the wars and medicine for seniors on the credit card. He wouldn't put them on the books. Obama now has them on his books and people are screaming about how much he is is spending. Bush was spending a lot, but hiding it. Bush came in claiming he was a "uniter." Furthest thing from the truth. I will also give him credit for the bailouts. I was against it in the beginning, but actually think it made sense. The same goes for Obama.