Exxon: near record profits

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Thraxen

Diamond Member
Dec 3, 2001
4,683
1
81
Originally posted by: SampSon
I for one hate paying more for something just like everyone else, but guess what, that's part of life, fvcking deal with it.

People just like to bitch about stuff like this, so get over it.
 

fitzov

Platinum Member
Jan 3, 2004
2,477
0
0
Simply stated, you have no right to gasoline or any other companies product.

Actually, that's debatable. Since fuel is a necessity, it is required to live, to have liberty, and to pursue happiness. (Unless you are one of the lucky few who don't need fuel to survive.) Those are the unalienable rights we have, as expressed by the Declaration of Ind.. Don't like the Declaration? Move somewhere else and quit your bitching.
 

TheAdvocate

Platinum Member
Mar 7, 2005
2,561
7
81
BTW, here is the face of one of the guys the apologists are protecting...

Text

That's who you are arguing for. Former ExxonMobil CEO Raymond Lee, who recent stepped down and received one of the largest golden handshakes in history ($686 MILLION total compensation - for one guy). That's your defendant, counselors. Still feel great about your fervent idealogical defense?
 

SampSon

Diamond Member
Jan 3, 2006
7,160
1
0
Originally posted by: Thraxen
Originally posted by: SampSon
I for one hate paying more for something just like everyone else, but guess what, that's part of life, fvcking deal with it.

People just like to bitch about stuff like this, so get over it.
No, most poeple attempt to make poignant arguments stating how corporations are evil and out to get you, especially big oil. Bitching would be moaning, "man, gas is $3 a gallon that sucks dude!", as you fill up your gas tank.
Many are trying to come off as somewhat intelligent individuals who truely grasp the intricacies of the socio-economic level in America, when in reality they are just jackasses who probably don't make enough money.

If gas hit $10 a gallon, I would still buy it, and at that point there would probably be MORE for me!
 

moshquerade

No Lifer
Nov 1, 2001
61,504
12
56
Originally posted by: SampSon
The number of entitlement driven morons in this thread is amazing, well mabey not. It appears that slsmnaz and Amused are the only ones with a strong grasp on reality who are willing to try and make people understand something in this thread. I cant' even begin to name off the people in this thread who have no clue what they are talking about, and then make counterpoints to their idiotic "arguments".

Simply stated, you have no right to gasoline or any other companies product. No matter how much you NEED it, you have no god given right to have it, end of story.

Even after a lot of decent information in this thread many of you still fail to understand the economics surrounding oil production/sale. All of the arguments decrying high fuel costs and record oil profits all fall apart when you gain even the most elementary understanding of oil economics. Though I'm sure the vast majority of you would still believe the swill that spews from your collective mouths even if you DID understand.

When will you whiney little pukes realize that you have it GREAT living in this country. You most likely make more than 90% of the rest of the planet, just about everything is cheap and VERY readily available. None of you are living in poverty, you're on the fvcking internet for christs sake. Just give it up and stop whining.

I for one hate paying more for something just like everyone else, but guess what, that's part of life, fvcking deal with it.
who claimed they "had a right" to gasoline? in the same vein then, you have no right to be alive either. :roll:

gas is a necessity along the lines of food, water, and shelter. i am not talking about being wasteful with gas and driving an SUV or driving all over the place unnecessarily, i am talking about getting to work so you can make money and buy food and pay rent.

stop preaching that we can get along fine without gas. that's ridiculous.

the holier than thou attitude of a select few in this thread is what is amazing to me, but then again i've hung around here long enough to realize it's the same people who are putting themselves up on pedestals and looking down on we "stupid" people.

 

Thraxen

Diamond Member
Dec 3, 2001
4,683
1
81
Originally posted by: SampSon
No, most poeple attempt to make poignant arguments stating how corporations are evil and out to get you, especially big oil. Bitching would be moaning, "man, gas is $3 a gallon that sucks dude!", as you fill up your gas tank.
Many are trying to come off as somewhat intelligent individuals who truely grasp the intricacies of the socio-economic level in America, when in reality they are just jackasses who probably don't make enough money.

If gas hit $10 a gallon, I would still buy it, and at that point there would probably be MORE for me!

Jackasses that don't make enough money? Way to make yourself come off as the jackass.
 

jlbenedict

Banned
Jul 10, 2005
3,724
0
0
Originally posted by: moshquerade
the holier than thou attitude of a select few in this thread is what is amazing to me, but then again i've hung around here long enough to realize it's the same people who are putting themselves up on pedestals and looking down on we "stupid" people.


Those "holier than thou" select few will never be changed.. I think they seriously do not understand.. Of course, they most likely do not have to wake up in the morning, and wonder if they'll be able to afford to fill up their tank of gas to go to work, so they can pay the rent. They probably have combined household incomes of over six digits, so they have that luxury of looking down on the middle class and spit out constant ridicule..

Probably the same as the snooty types that run around here with their nose all high in the air, behind the wheel of their BMW's..

 

Legend

Platinum Member
Apr 21, 2005
2,254
1
0
Originally posted by: DingDingDao
Originally posted by: JackBurton
Originally posted by: DingDingDao
Originally posted by: JackBurton
Originally posted by: QED
Originally posted by: JackBurton
Originally posted by: JS80
Exxon profit margin is 11%. Adobe's profit margin is 23%. I think Adobe's gouging more than Exxon.

FYI for you financial noobs it means for every $1 in gas you buy Exxon only makes 11 cents. On the other hand Adobe makes 23 cents.

Are you freakin' being serious with that statement? Gas is something EVERYONE uses and has to have. If everyone NEEDED a copy of Acrobat every week then I'd consider your comparison valid.

Sorry, you don't NEED gas.

It sure makes life very convenient, but you don't need it... so please stop saying it as though it were true.
How about this, oil is right below food and water now. Adobe is waaaaaaaaaaaaaaay below that.

If Exxon decided to become the world's largest non-profit and sold their product at $2.70 instead of $3.00, would that make you shut your trap about oil companies and their profit? Didn't think so. You'd still be complaining like millions of other people in this country who haven't the slightest idea about how expensive it is to go and find a fossil fuel buried thousands of feet underground, pump it out, transport it halfway around the world (thank the environmentalist lobby in this country for that), refine it, and then deliver it to millions of different locations all over this country so that you don't have to go more than 35 feet to find a gas station. You really need to stop feeling entitled to gasoline. Driving a car is not a constitutional right--it's a privilege. If you can't afford gasoline, you don't get to drive. Similarly, if you can't afford a car, you can't drive. Should we be complaining about Toyota and their profit line too?

Please cut the bullsh!t. In less than ONE YEAR gas pretty much doubled. Are you gonna tell me all of a sudden demand shot up by twice as much overnight? Never in the history of oil (at least for the last 30 years) have I ever seen anything like that. What you've listed above is something oil companies have been doing for years. So why the spike? Something crazy must have happened to cause this increase. And none of the explanations pan out.

Sorry about the late reply (can't sit at the computer ALL night :p), but I feel this should be addressed.

The price of gasoline is determined by a number of factors, all of which have contributed to the current high price level of gasoline.

1) Price per barrel of crude oil - this number is determined in large part by OPEC, which is something the oil companies have no control of. If the price of crude oil is high (which it is), gasoline is going to be more expensive. Is this surprising given the current state of affairs in the middle east? I hardly think so.

2) Exploration cost - finding deposits of crude oil buried thousands of feet underground is no easy undertaking. Forget what you saw in history books, where Texans in the 1900s just stuck a pipe in the ground and found gushers everywhere they looked. Finding crude oil these days is a highly sophisticated (and expensive) undertaking requiring expertise in seismology, geology, and geophysics (and those experts, i.e. Ph.Ds, have to be paid).

3) Production cost - current new sources of crude oil are being located in more and more difficult-to-access locations, particularly off-shore. It's not cheap to build an off-shore drilling rig (think hundreds of millions to billions of dollars in construction and overhead maintenance). In addition to this, crude oil is being extracted from places previously inaccessible, due to depth, sediment composition, etc. etc. Doing this requires extensive research and development--also very expensive.

4) Inaccessibility - there is an exceedingly large amount of crude oil in North America - particularly in Canada and the Gulf of Mexico. Why is it that we can't access these deposits? It's prevented by the environmentalist lobby leaning on the governments of these countries, making it extremely expensive (or impossible) to drill in these locations.

5) Something crazy had to have happened to cause this increase - Are you kidding me? Our government is doing its darndest to recreate the Vietnam War in Iraq, the middle east is in turmoil, consumer consumption of gasoline is at an all-time high, and you're seriously wondering what's causing the increase in gas prices?

Don't forget the Canadian dollar is gaining strength quickly compared to US dollar, and that Canada is the US's largest source of crude oil.
 

SampSon

Diamond Member
Jan 3, 2006
7,160
1
0
Originally posted by: moshquerade
Originally posted by: SampSon
The number of entitlement driven morons in this thread is amazing, well mabey not. It appears that slsmnaz and Amused are the only ones with a strong grasp on reality who are willing to try and make people understand something in this thread. I cant' even begin to name off the people in this thread who have no clue what they are talking about, and then make counterpoints to their idiotic "arguments".

Simply stated, you have no right to gasoline or any other companies product. No matter how much you NEED it, you have no god given right to have it, end of story.

Even after a lot of decent information in this thread many of you still fail to understand the economics surrounding oil production/sale. All of the arguments decrying high fuel costs and record oil profits all fall apart when you gain even the most elementary understanding of oil economics. Though I'm sure the vast majority of you would still believe the swill that spews from your collective mouths even if you DID understand.

When will you whiney little pukes realize that you have it GREAT living in this country. You most likely make more than 90% of the rest of the planet, just about everything is cheap and VERY readily available. None of you are living in poverty, you're on the fvcking internet for christs sake. Just give it up and stop whining.

I for one hate paying more for something just like everyone else, but guess what, that's part of life, fvcking deal with it.
who claimed they "had a right" to gasoline? in the same vein then, you have no right to be alive either. :roll:

gas is a necessity along the lines of food, water, and shelter. i am not talking about being wasteful with gas and driving an SUV or driving all over the place unnecessarily, i am talking about getting to work so you can make money and buy food and pay rent.

stop preaching that we can get along fine without gas. that's ridiculous.

the holier than thou attitude of a select few in this thread is what is amazing to me, but then again i've hung around here long enough to realize it's the same people who are putting themselves up on pedistals and looking down on we "stupid" people.
Uh, did you actually READ the thread? Many in this thread do not directly say, but VERY STRONGLY imply they have a right to gasoline (actually somebody may have directly said that, but I'm not willing to go back and reread the entire thread). Yes I DO have a right to be alive. In fact that right is protected by this country.

I did not ever preach you can get along without gas, I said: "you have no right to gasoline or any other companies product. No matter how much you NEED it, you have no god given right to have it, end of story". Where exactly did I say you can get along without it? You are making a point against Amused and slsmnaz, not me.

Who is acting holier than thou? The people who understand how market economics work? The people who don't expect companies to jsut hand over their product at less than rock bottom profit margins (less than 10%)? How is anyone looking down on you? This argument STARTED because people are looking down on a company for performing the action that it was created to do. The only people who are putting themselved on a pedestal are the ones who hate companies (specifically big oil) for making so much money on a product they use SO MUCH OF.

I know you fancy yourself and intelligent women, and you probably are, but you are in no way displaying it in this thread.

Jackasses that don't make enough money? Way to make yourself come off as the jackass.
Your jackass response to my post only desrved another post of equal or lesser quality.

Originally posted by: TheAdvocate
BTW, here is the face of one of the guys the apologists are protecting...

Text

That's who you are arguing for. Former ExxonMobil CEO Raymond Lee, who recent stepped down and received one of the largest golden handshakes in history ($686 MILLION total compensation - for one guy). That's your defendant, counselors. Still feel great about your fervent idealogical defense?
Oh please, your posts reads like a bad Op-ed article out of the NY Times. Oh WAIT, you ripped that ideology directly from the NY Times, because thats the article they ran a couple days ago.

Way to think for yourself!
 

Thraxen

Diamond Member
Dec 3, 2001
4,683
1
81
Originally posted by: SampSon
Jackasses that don't make enough money? Way to make yourself come off as the jackass.
Your jackass response to my post only desrved another post of equal or lesser quality.

Haha... try to say something that even makes sense next time.
 

SampSon

Diamond Member
Jan 3, 2006
7,160
1
0
Originally posted by: Thraxen
Originally posted by: SampSon
Jackasses that don't make enough money? Way to make yourself come off as the jackass.
Your jackass response to my post only desrved another post of equal or lesser quality.

Haha... try to say something that even makes sense next time.
Are you done bitching yet?
 

zendari

Banned
May 27, 2005
6,558
0
0
Originally posted by: jlbenedict
Originally posted by: moshquerade
the holier than thou attitude of a select few in this thread is what is amazing to me, but then again i've hung around here long enough to realize it's the same people who are putting themselves up on pedestals and looking down on we "stupid" people.


Those "holier than thou" select few will never be changed.. I think they seriously do not understand.. Of course, they most likely do not have to wake up in the morning, and wonder if they'll be able to afford to fill up their tank of gas to go to work, so they can pay the rent. They probably have combined household incomes of over six digits, so they have that luxury of looking down on the middle class and spit out constant ridicule..

Probably the same as the snooty types that run around here with their nose all high in the air, behind the wheel of their BMW's..

The only holier than thou attitudes are those by the fascists who want a few companies to be subservient to the rest of us.
 

Thraxen

Diamond Member
Dec 3, 2001
4,683
1
81
Originally posted by: SampSon
Originally posted by: Thraxen
Originally posted by: SampSon
Jackasses that don't make enough money? Way to make yourself come off as the jackass.
Your jackass response to my post only desrved another post of equal or lesser quality.

Haha... try to say something that even makes sense next time.
Are you done bitching yet?

As long as you're around with your snooty comments? Nah.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: Amused
Originally posted by: dmcowen674
Originally posted by: Amused
Your post is absurd.

First of all, the oil companies are not a government mandated monopoly.

Secondly, the profit margin is LOWER for Exxon than it is for most monopoly utility companies.

Gas is neither a monopoly, nor a necessity.

It is a convenience with prices set by an open market and world politics.

It is nobody's fault but your own that you have based your life on it's use.

Hey look, it's Dick Cheney right here on AT. :roll:

Wow.

Since when has Dick, or anyone that you fantasize about being in this "big oil" conspiracy ever told people to simply stop (or seriously limit) using oil products?

Oh, wait, you didn't think about that, did you? You remained focused on the part where it was pointed out that people are not entitled to gas, gas is NOT a necessity for life, and that oil companies are not a monopoly. All of which are true, but you hate to hear since you think all the world owes you something, and anyone who makes more money than you is evil.

Again, if you don't like gas prices, do everything you possibly can to stop buying it. There is no reason to live miles from work for the vast majority of people. Hell, most car trips are unnecessary. The fact of the matter is, people are so used to being able to travel everywhere by car that they cannot even fathom any other way of life.

That is NOT the oil company's fault.

You heard the almighy everybody. You must give up your automobiles now.

Unless of course you are rich like himself.
 

SampSon

Diamond Member
Jan 3, 2006
7,160
1
0
As long as you're around with your snooty comments? Nah.
Gotta kill the nested quotes, ruins the whole thread.
So what's so snooty? I think snooty is that for the vast majority of people in this nation fuel costs are still trivial, and will still be trivial if gas is $5 a gallon. The overwhelming majority of the world pays more than we do, yet were the richest and most entitlement minded group of people on the planet (except the French). We as a whole, in America, are a snooty society.
 

SampSon

Diamond Member
Jan 3, 2006
7,160
1
0
You heard the almighy everybody. You must give up your automobiles now.

Unless of course you are rich like himself.
Will there ever come a day when you make a worthwhile comment, and not just attacking someone who doesn't agree with you?
 

TheAdvocate

Platinum Member
Mar 7, 2005
2,561
7
81
Originally posted by: SampSon
Originally posted by: TheAdvocate
BTW, here is the face of one of the guys the apologists are protecting...

Text

That's who you are arguing for. Former ExxonMobil CEO Raymond Lee, who recent stepped down and received one of the largest golden handshakes in history ($686 MILLION total compensation - for one guy). That's your defendant, counselors. Still feel great about your fervent idealogical defense?
Oh please, your posts reads like a bad Op-ed article out of the NY Times. Oh WAIT, you ripped that ideology directly from the NY Times, because thats the article they ran a couple days ago.

Way to think for yourself!

When you cannot attack the logic, attack the messenger, ad hominem. The guy took home $686M dollars during a time when the nation was reeling from Katrina and the Iraq war. That's a fact.

Actually, everything I've posted is stuff I've worked on myself, including the gross margin analysis of Exxon's quarterly financials, that you so predictably glazed over. There are only two ways to improve gross margin:

1. Charge more for the same goods
2. Reduce costs of production

If you look at Exxon's Q1 2006 and Q4 2005 financials, Gross margin INCREASED, despite the ballooning cost of crude oil. How do you offset that and make a BETTER margin? By charging more than 100% of the cost increase. It's one thing to say that they have an aboslute right to pass along cost increases to consumers at 100% because there are no equivalent alternatives (a theory I strongly disagree with for reasons of national security and well being), but it's another thing entirely to pass along MORE than 100% of your cost increases - that's called gouging or profiteering, and given the circumstances, it's highly unethical.

Care to address that, or will you predictably proceed with your windbag idealogue rants full of personal attacks and partisan talking points?
 

chambersc

Diamond Member
Feb 11, 2005
6,247
0
0
Originally posted by: fitzov
Simply stated, you have no right to gasoline or any other companies product.

Actually, that's debatable. Since fuel is a necessity, it is required to live, to have liberty, and to pursue happiness. (Unless you are one of the lucky few who don't need fuel to survive.) Those are the unalienable rights we have, as expressed by the Declaration of Ind.. Don't like the Declaration? Move somewhere else and quit your bitching.

unnecessary tirade

Realize that it's not a necessity since you have become so accustomed to it. Learn some self-control and common sense.
 

moshquerade

No Lifer
Nov 1, 2001
61,504
12
56
Originally posted by: SampSon
Originally posted by: moshquerade
Originally posted by: SampSon
The number of entitlement driven morons in this thread is amazing, well mabey not. It appears that slsmnaz and Amused are the only ones with a strong grasp on reality who are willing to try and make people understand something in this thread. I cant' even begin to name off the people in this thread who have no clue what they are talking about, and then make counterpoints to their idiotic "arguments".

Simply stated, you have no right to gasoline or any other companies product. No matter how much you NEED it, you have no god given right to have it, end of story.

Even after a lot of decent information in this thread many of you still fail to understand the economics surrounding oil production/sale. All of the arguments decrying high fuel costs and record oil profits all fall apart when you gain even the most elementary understanding of oil economics. Though I'm sure the vast majority of you would still believe the swill that spews from your collective mouths even if you DID understand.

When will you whiney little pukes realize that you have it GREAT living in this country. You most likely make more than 90% of the rest of the planet, just about everything is cheap and VERY readily available. None of you are living in poverty, you're on the fvcking internet for christs sake. Just give it up and stop whining.

I for one hate paying more for something just like everyone else, but guess what, that's part of life, fvcking deal with it.
who claimed they "had a right" to gasoline? in the same vein then, you have no right to be alive either. :roll:

gas is a necessity along the lines of food, water, and shelter. i am not talking about being wasteful with gas and driving an SUV or driving all over the place unnecessarily, i am talking about getting to work so you can make money and buy food and pay rent.

stop preaching that we can get along fine without gas. that's ridiculous.

the holier than thou attitude of a select few in this thread is what is amazing to me, but then again i've hung around here long enough to realize it's the same people who are putting themselves up on pedistals and looking down on we "stupid" people.
Originally posted by: SampSon Uh, did you actually READ the thread? Many in this thread do not directly say, but VERY STRONGLY imply they have a right to gasoline. Yes I DO have a right to be alive. In fact that right is protected by this country.
uh...yeh, i read it. no one directly said they had a right to gasoline. you are just assuming that is what they meant. oh.... sounds like you read something "into" the thread.

Originally posted by: SampSon I did not ever preach you can get along without gas, I said: "you have no right to gasoline or any other companies product. No matter how much you NEED it, you have no god given right to have it, end of story". Where exactly did I say you can get along without it? You are making a point against Amused and slsmnaz, not me.
i said, "the holier than thou attitude of a select few in this thread amazes me"
that would seem i am referring to more than you.

Originally posted by: SampSon Who is acting holier than thou? The people who understand how market economics work? The people who don't expect companies to jsut hand over their product at less than rock bottom profit margins (less than 10%)? How is anyone looking down on you? This argument STARTED because people are looking down on a company for performing the action that it was created to do.
I can only speak for myself, but I understand why these record profits are being made. I also understand that while they go home with fat wallets my purse is shrinking. I have a right to be pissed about that scenerio no matter how much you want to justify it as free enterprise.

Originally posted by: SampSon The only people who are putting themselved on a pedestal are the ones who hate companies (specifically big oil) for making so much money on a product they use SO MUCH OF.
I disagree. I am speaking of those of you who feel the need to talk down to us time and time again and in thread after thread. That's where the pedestal perching comes in.

How are you figuring I use SO MUCH gas again? you have no idea.

Originally posted by: SampSon I know you fancy yourself and intelligent women, and you probably are, but you are in no way displaying it in this thread.
what have i said that was ignorant in this thread?
 

Babbles

Diamond Member
Jan 4, 2001
8,253
14
81
Originally posted by: SampSon
The number of entitlement driven morons in this thread is amazing, well mabey not. It appears that slsmnaz and Amused are the only ones with a strong grasp on reality who are willing to try and make people understand something in this thread. I cant' even begin to name off the people in this thread who have no clue what they are talking about, and then make counterpoints to their idiotic "arguments".

Simply stated, you have no right to gasoline or any other companies product. No matter how much you NEED it, you have no god given right to have it, end of story.

Even after a lot of decent information in this thread many of you still fail to understand the economics surrounding oil production/sale. All of the arguments decrying high fuel costs and record oil profits all fall apart when you gain even the most elementary understanding of oil economics. Though I'm sure the vast majority of you would still believe the swill that spews from your collective mouths even if you DID understand.

When will you whiney little pukes realize that you have it GREAT living in this country. You most likely make more than 90% of the rest of the planet, just about everything is cheap and VERY readily available. None of you are living in poverty, you're on the fvcking internet for christs sake. Just give it up and stop whining.

I for one hate paying more for something just like everyone else, but guess what, that's part of life, fvcking deal with it.

Word.
 

slsmnaz

Diamond Member
Mar 13, 2005
4,016
1
0
Originally posted by: jlbenedict
Originally posted by: moshquerade
the holier than thou attitude of a select few in this thread is what is amazing to me, but then again i've hung around here long enough to realize it's the same people who are putting themselves up on pedestals and looking down on we "stupid" people.


Those "holier than thou" select few will never be changed.. I think they seriously do not understand.. Of course, they most likely do not have to wake up in the morning, and wonder if they'll be able to afford to fill up their tank of gas to go to work, so they can pay the rent. They probably have combined household incomes of over six digits, so they have that luxury of looking down on the middle class and spit out constant ridicule..

Probably the same as the snooty types that run around here with their nose all high in the air, behind the wheel of their BMW's..

Wow, could you be any more wrong? I make around $50k per year and have a mortgage and car payment, not to mention all the other bills that go along with those. Also, there is no one behind me helping if I run out of cash so I know where all of my money goes. I base my choices on this. I CHOOSE to ride my bike to the farmers market down the street to get my food. I walk to church and we all carpool to our soccer league games or when we go out. I really only drive myself to work and back. I enjoy the way I live.

It is a choice I have made to give up taking needless trips in the car. The thing is, most Americans don't want to be forced to make those types of choices. I'm not saying they must make them, but it sounds very dumb to complain about the very choices that YOU make.

And thanks Sampson for the compliment. I do have a degree in Econ and have dealt with selling commodity products for the past 6 years before moving into our IT dept. Glad it shows (at least to some).
 

Babbles

Diamond Member
Jan 4, 2001
8,253
14
81
Originally posted by: TheAdvocate

When you cannot attack the logic, attack the messenger, ad hominem. The guy took home $686M dollars during a time when the nation was reeling from Katrina and the Iraq war. That's a fact.
So, what's your point?
The guy worked for a living and got paid for it, I know it is a bizarre concept for many people but I think it is reasonable. Should the guy not get paid as much simply because events that he has no responsibility for (i.e. Katrina and Iraq) are happening? Why in the hell should his salary be based off of things like that?


 

zendari

Banned
May 27, 2005
6,558
0
0
Originally posted by: TheAdvocate

If you look at Exxon's Q1 2006 and Q4 2005 financials, Gross margin INCREASED, despite the ballooning cost of crude oil. How do you offset that and make a BETTER margin? By charging more than 100% of the cost increase. It's one thing to say that they have an aboslute right to pass along cost increases to consumers at 100% because there are no equivalent alternatives (a theory I strongly disagree with for reasons of national security and well being), but it's another thing entirely to pass along MORE than 100% of your cost increases - that's called gouging or profiteering, and given the circumstances, it's highly unethical.

Care to address that, or will you predictably proceed with your windbag idealogue rants full of personal attacks and partisan talking points?

Text

Their margins decreased Q3 > Q4 2005. What's your point?
 

Babbles

Diamond Member
Jan 4, 2001
8,253
14
81
Originally posted by: TheAdvocate
Originally posted by: Babbles
Why in the hell should his salary be based off of things like that?

Good question - happens to be the same one I'm asking.

Questions typically end with a question mark and/or rhetorical statement. Not with the phrase "That's a fact."

You are making a weak attempt to somehow lay blame on this individual for the salary he earned by making a fallacious correlation with other world events in hopes of making some bizarre point that his salary is "unfair."

It is somewhat ironic that you want to play the "ad hominem" attack card when it works to your benefit, however when you attack the former CEO because he made a large sum of money then it seems to be fair game.

I just find it crazy as hell that you seem to think that we should somehow hate this guy for earning a living and additionally that he represents some "fervent ideology."