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| Grumpy Old Pharts Board Gerritol, Ex-Lax, Immodium, Bad Breath - all requirements for the Grumpy Board |
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01-30-2008, 07:45 PM
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#2
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Great White Scup Hunter
Join Date: Nov 2006
Location: In the Corner...
Posts: 2,251
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01-31-2008, 06:32 AM
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#3
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Registered User
Join Date: Feb 2003
Location: Here and There Seasonally
Posts: 5,985
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Look around, they HAVE sucked this country dry.
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He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself.
Thomas Paine
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01-31-2008, 07:18 AM
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#4
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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for sure Fred.
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01-31-2008, 07:21 AM
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#5
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Afterhours Custom Plugs
Join Date: Mar 2004
Location: R.I.
Posts: 8,558
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time to boycott exxon for starters..
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01-31-2008, 08:24 AM
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#6
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Registered User
Join Date: Jul 2004
Posts: 10,201
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Shouldn't the largest company in the world have the largest earning?
What is their ROI or ROA or ROE compared to other industries?
Fish wee wee - help out here.
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01-31-2008, 09:04 AM
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#7
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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Well if you think that's bad...
http://biz.yahoo.com/ap/080131/earns...hell.html?.v=1
"Shell said its average selling price per barrel of crude was $82.96, compared with $55.37 a year ago.
At the refining business, profit was $2.56 billion, up from $791 million, reflecting higher prices at the pump."
""Shell shareholders are doing very nicely whilst the rest of us, the stakeholders, are paying the price and struggling," he said. "It is time the government acted.""
nice |
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01-31-2008, 09:06 AM
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#8
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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So selling price is up roughly 1/3
But profits are up 150%
niiiiiiiiice
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02-01-2008, 09:32 PM
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#9
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Registered User
Join Date: Sep 2005
Location: Plum Island
Posts: 377
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40.1 BILLION PROFIT FOR YEAR!!!
EXXON-MOBIL!!!
Bush and his oil buddies are laughing all the way to the bank!!!
Thank You' All for voting for me!!!
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02-02-2008, 04:00 PM
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#10
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Registered User
Join Date: Feb 2004
Location: Plymouth, Ma
Posts: 1,405
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How much profit should they be making? 10, 20, 30 %? What percentage should the government be making off of it?
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The beatings will continue until morale improves
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02-02-2008, 04:52 PM
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#11
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Registered User
Join Date: Feb 2003
Location: Here and There Seasonally
Posts: 5,985
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One of the Oil gurus said that they don't set the price the market does.  That means that the price will go up until we are all freezing in the dark. |
He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself.
Thomas Paine
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02-02-2008, 05:26 PM
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#12
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,182
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Quote:
Originally Posted by stripersnipr
How much profit should they be making? 10, 20, 30 %? What percentage should the government be making off of it?
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Oh, there you go again with your talking points.
Personally I don't care how much they profit but I do care with what they do with that money. Big marketing budgets to con the people into believing the oil giants are investing in renewable fuels doesn't do much for my confidence in the future.
And the economy of scale thang don't fly when we're talking about executive pay. Sure they deserve to get (even more) rich, they're delivering shareholder value after all, but $50 Million a year with a $400 Million retirement package (Exxon's chairman) is pretty obscene when you've got working class people having to suck up that extra cost at the pump.
Today, the oil companies are punching holes as fast as their supply chain will allow. There certainly is some trickle down from this as the equipment providers, many of them good old US businesses are raking the cash in. I've been working with some companies that have 10+ year backlogs for oil production and exploration equipment. This certainly looks good on the old annual report, assuming the rug doesn't get pulled from underneath you.
The cost of gas doesn't hurt me yet. It's such a small % of our household income I can take a few bucks more a gallon without it impacting my lifestyle...but I'm much more concered about my son and how prepared this Country is going to be when things are a lot different than they are now.
-spence |
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02-02-2008, 07:08 PM
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#13
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Retired Surfer
Join Date: Dec 2000
Location: Sunset Grill
Posts: 9,511
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I read to day that most of the oil Exxon is selling cost them much less than other companies because of the large inventory they possessed before prices started skyrocketing. If the oil they are refining cost them $24.00 a barrell which is the price I saw and other companies are buying and reselling crude as gas but the oil cost them 75:00 a barrell or more that is part of the reason Exxon is making a killing. Either way a boycott wont do. I think Billary should promise to nationalize Exxon like Chavez nationalized Citgo after getting the country to buy the company..
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Swimmer a.k.a. YO YO MA
Serial Mailbox Killer/Seal Fisherman
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02-02-2008, 08:20 PM
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#14
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Old Guy
Join Date: Oct 2004
Location: Mansfield, MA
Posts: 8,760
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Billary should Nationalize the oil companies to pay for her Univerisal Healthcare.
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02-02-2008, 09:56 PM
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#15
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Registered User
Join Date: May 2004
Location: New Bedford, Ma.
Posts: 49
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oil crisis
We are the victims of corporate greed.  |
Luck is the product of Design
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02-03-2008, 11:07 PM
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#16
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Registered User
Join Date: Feb 2007
Location: weymouth,ma
Posts: 101
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Heaven knows I'm not supporting the oil companies, especially with the mileage I get. Just throwing this thought out. Compare the price of a gallon of gas and all that's involved with getting it to the pump with a gallon of milk and what that costs to get to market. Each $4.00?
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A bottomless pit of bum information/ Death makes memories of us all...
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02-04-2008, 04:57 PM
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#17
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Registered User
Join Date: Jun 2007
Location: North Cambridge, MA
Posts: 1,358
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Please forgive my juvenile reasoning but... Bike Riding....$0.00 per gallon. This has nothing to with exxons profits, except my boycott has already begun. I just got the sweetest mountain bike, mostly because of the pending MBTA fare hikes. First the oil companies put there hands in my wallet, then the MBTA tried to pick pocket what remained. So I'm giving the birdie to both of them. Charles River bike path make room. Move, b****, get out the way...
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02-04-2008, 07:01 PM
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#18
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Registered User
Join Date: Oct 2000
Location: in a structure with a roof
Posts: 6,049
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I have been boycotting shell, mobil/exxon for a year now . I can afford the gas but others cant . they are just the begining of the down fall of our working class .The power companies are doing it 50% increase by year end , they already hit us hard once for I think 26 % . oil is way up from 2 years ago yup them shareholders are getting cash in one hand and forking it over with the other everytime they fill up them big suv/cars they drive . it greed plain and clear . \
my biggest complaint has to do with where I work . they dont pay me more ! cola would be nice ( cost of living allowance ) . now they want to add a saltwater licence to an already inflated price ,that just goes into the general fund . "can I please have some more sir "
wow Im tired never typed this much before
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02-04-2008, 07:07 PM
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#19
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Afterhours Custom Plugs
Join Date: Mar 2004
Location: R.I.
Posts: 8,558
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.....your finger must hurt  |
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02-04-2008, 07:17 PM
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#20
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Registered User
Join Date: Oct 2000
Location: in a structure with a roof
Posts: 6,049
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no I use more than that , I use 3 . my typing teacher in high school gave me straight a's if I wouldnt show up . I didnt ! who would have thought back then I would be typing for a living .
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02-04-2008, 07:58 PM
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#21
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Afterhours Custom Plugs
Join Date: Mar 2004
Location: R.I.
Posts: 8,558
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i stand corrected....mine would hurt  |
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02-15-2008, 04:39 PM
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#22
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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Fred they haven't EVEN BEGUN yet. Diesel went up TWENTY cents a gallon today
Quote:
Originally Posted by Backbeach Jake
Look around, they HAVE sucked this country dry.
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02-27-2008, 04:44 PM
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#23
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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Diesel is up another .10 today. That is .40 in the last 2 1/2 weeks now. Effin greedy bastages.
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02-27-2008, 11:47 PM
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#24
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Registered User
Join Date: Feb 2005
Location: Burlington
Posts: 2,290
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The cost of gas doesn't hurt me yet. It's such a small % of our household income I can take a few bucks more a gallon without it impacting my lifestyle...but I'm much more concered about my son and how prepared this Country is going to be when things are a lot different than they are now.
-spence[/QUOTE]
You are quite fortunate to have the resources to afford it BUT you do sound real pompus making that statement. Many of us have to decide between meds or food and the price of gas is the proverbial last straw. Few bucks my ass. |
low & slow 37
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02-28-2008, 07:58 AM
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#25
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OLDGOAT7205963
Join Date: Mar 2006
Location: CAPE
Posts: 693
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O well I can allways sell off the kids.
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