Exxon shatters profit records

Quote from armoured saint:

whatever, I DONT CARE. I want to pay NO more than 2 BUCKS/gallon.. make it happen! :mad:

i guarantee you if the number of big oil DOUBLED it would happen.. overnight!

and what's this shit i'm hearing they;'re paying 30 cents/gallon in Iraq?

Like I said, buy some of their stock, and it will be like paying $2 a gallon.
 
Quote from armoured saint:

here's the Q.. why would anyone defend $4/gallon gas unless they worked for big oil or benefited in some way?? why??? give me a good reason??


How old are you, 12?

I happen to think $4-$10/gallon gas will promote conservation and reduce demand enough to find alternatives that are actually viable, quickly. How else will everyone be incentivized to move to electric vehicles and nuclear power becoming a primary fuel source for cars?
 
Quote from The Kin2:

Exxon Mobile is the greatest company in the world. Serously 10% profit margin is within reason. They could go up to 15 to 20%

i worked for xom for 6 yrs untill recently . believe me or not but i'll tell you this , no there not the greastest company in the world or anywere else for that matter, to work for .
 
Quote from armoured saint:

and what's this shit i'm hearing they;'re paying 30 cents/gallon in Iraq?

oil is subsidized everywhere (particularly in the middle east and any OPEC producer [venezuela, indonesia, and even china believe it or not]. If it wasn't, inefficient economies wouldn't have a chance to continue waste as they do.
[otoh, subsidies are merely a form of public welfare support. So these countries could still afford to waste if their citizens merely received tax credits offsetting the subsidy costs]
 
Quote from phil1424:

i worked for xom for 6 yrs untill recently . believe me or not but i'll tell you this , no there not the greastest company in the world or anywere else for that matter, to work for .

at the gas station? {heheheh... don't take this as offense, but I couldn't pass this humor up...}
 
guarantee you if the number of big oil DOUBLED it would happen.. overnight!

So what? Oil companies in the US has been doubling their profit year by year since 1998..

whatever, I DONT CARE. I want to pay NO more than 2 BUCKS/gallon.. make it happen

Then ask the goverment to stop those high taxes on gasoline (did you read what I wrote before?).

quote from palenimbus:

ExxonMobil is a small fish compared to the national oil companies in Russia, Saudi etc Hell, even Petrochina is bigger than Exxon. I suggest you get some perspective, you would realize that exxon has virtually no control over the market price for Gasoline and crude oil.

you just hit the nail!

Bingoking wrote:
Seems to me it would make sense to own some of their stock.
That would be like getting a refund for the gasoline you purchased last year.

right on.

armoured saint wrote:

you STINK of big oil

here's is what you don't get..

NOBODY gives 2 shits if it is justified .. or not

I DONT WANT TO PAY IT, EOM

lots of shit i pay that's justified, SO THEY TELL ME, lots more that ain't.. i DO NOT CARE.. i don't WANT TO PAY $4 bucks a gallon 'mr big oil'.. deal with it

i will guarantee when enuf refuse to buy THEY WILL reduce the price..

and big oil will still be rolling in cash.. and YOU will still be here stroking us all

I just wasted my time trying to explain something useful to you (Just the basic concept of this industry), just to get this kind of answer..


you drive a SUV by any chance?
 
40 billion profit on 400 billion in sales is pretty average. That's simply 10% which is shit compared to Microsoft or even Intel. I don't see anybody screaming to confiscate their profits. Or break them up.
If Exxon had $400,000 profit on 4 million
nobody would give a shit. You stupid people think gas should be given to you free? You think it should be some constitutional right? Go ride a funk'n horse then. Or use your brain if you have one, and by stock in the company and shut the fuck up.
 
Quote from armoured saint:

you saps pay $4 bucks/gallon record prices/profits and YOU THANK THEM! LMAO WTF!! :D

Hey, I'm sure everyone would rather gasoline be handed it out to them for free BUT that is capitalism. You think you pay too much for gas? short the hell out of it in the open market :cool:

Unfortunately, that is what free trade is. Someone's willing to pay more for it. You don't wanna pay for it, then don't drive anything that requires gasoline. Perhaps joining the closest Amish community and get a buggy. It's as simple as that.
 
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