Exxon: near record profits

[Amused]

Originally posted by: virtualgames0

Ironically.. all the people here defending gas companies seem to be proudly displaying their patriotic sheep flag as an avatar.

Actually, I display the flag because I defended, with my life no less, your right to be a spoiled, whiny, class envying little socialist and your freedom to freely express your bullsh!t.

If it weren't for "sheep" veterans like me, you'd have no rights whatsoever.

Finally, I'm politically independent with strong libertarian leanings. Would you kindly tell me what ideology it is you feel I blindly follow like a "sheep?"

 

[cheezy321]

I think its rediculous that these people find it wrong that this oil exec get his money. Although the oil executives probably didn't have much to do with the price increase and massive profits, he should get compensated because technically he is the one responsible for the companies financial health.

I also dont understand why people complain about gas prices so much, have you done anything to change your lifestyle?

I went from a V8 jeep grand cherokee(50 bucks a week in gas) to a VW golf VR6(35 a week in gas) and saved almost twice as much money in gas(this was when gas was only 2 bucks a gallon).

Now I switched from my VW golf to a Pontiac G6 4 cyl. Now I pay around 40 bucks every other week.

I also moved from an off campus house to a condo right next to my college. Now i can walk to school. There are also lots of amenities right next to my house, so I dont have to drive much at all.

I fixed my part time work schedule so I dont have to drive as much. I now will work a 2 days a week for 9 hours instead of working 3-4 days for only 4-5 hours.

Theres so many things you can do to save money on gas.

I'm not complaining about the rediculously high oil prices, I just change my lifestyle in response to a FREE MARKET price increase.

All in all, I am still spending around the same amount that I did when gas was 2 bucks a gallon. Nothing more, nothing less. Get a car that gets better MPG, or just STFU.


I understand why oil prices have gone up so much. Its a free market, and its something that is hard to extract from our earth. The middle east is in turmoil. Who knows if a nuke could go off tomorrow there and we couldnt get oil there for months(even years).

We ship the oil from halfway across the earth.

It definitely is a sense of entitlement. Oil prices have been crazy low for a long time, and we have been lucky. Why shouldn't oil cost a lot of money? People went on the assumption that oil prices would stay really low forever. Now that its not, they complain.

 

[Linflas]

Originally posted by: Amused

Originally posted by: virtualgames0

Ironically.. all the people here defending gas companies seem to be proudly displaying their patriotic sheep flag as an avatar.

Actually, I display the flag because I defended, with my life no less, your right to be a spoiled, whiny, class envying little socialist and your freedom to freely express your bullsh!t.

If it weren't for "sheep" veterans like me, you'd have no rights whatsoever.

Finally, I'm politically independent with strong libertarian leanings. Would you kindly tell me what ideology it is you feel I blindly follow like a "sheep?"

:thumbsup::thumbsup:

 

[AkumaX]

in other news, the average weight of Americans hit an astounding 267lbs., the lowest in 15 years

 

[cKGunslinger]

Originally posted by: Amused

Originally posted by: virtualgames0

Ironically.. all the people here defending gas companies seem to be proudly displaying their patriotic sheep flag as an avatar.

Actually, I display the flag because I defended, with my life no less, your right to be a spoiled, whiny, class envying little socialist and your freedom to freely express your bullsh!t.

If it weren't for "sheep" veterans like me, you'd have no rights whatsoever.

Finally, I'm politically independent with strong libertarian leanings. Would you kindly tell me what ideology it is you feel I blindly follow like a "sheep?"

:beer:

What a sniveling little runt..

 

[cheezy321]

Originally posted by: virtualgames0

Ironically.. all the people here defending gas companies seem to be proudly displaying their patriotic sheep flag as an avatar.

Patriotic sheep flag? HAHAHA. Why dont you move to Syria, Saudi Arabia, or somewhere in the middle east. Then you can wave THEIR sheep flag, and pay less for gas! Oh, and the whole part about your life being at risk every day, eh, who cares right?

 

[Mr.IncrediblyBored]

Originally posted by: cheezy321
I also dont understand why people complain about gas prices so much, have you done anything to change your lifestyle?

I went from a V8 jeep grand cherokee(50 bucks a week in gas) to a VW golf VR6(35 a week in gas) and saved almost twice as much money in gas(this was when gas was only 2 bucks a gallon).

Now I switched from my VW golf to a Pontiac G6 4 cyl. Now I pay around 40 bucks every other week.

And how much did you pay out-of-pocket after trade-in each vehicle jump (GC > VR6 > G6)? Unless your used VR6 was valued equal to the G6 you had to pay extra to get the new car.

 

[cheezy321]

I did pay extra (6K actually) but considering the fact that my golf was an unreliable piece of crap anyways (over 5K in repairs done to it), I needed a new car.

The change of car was something I needed to do, and while making the decision of a new car, I kept gas prices in mind. Seems like people dont think gas prices can change whenever.

 

[Albatross]

these oil companies are evil.it would be only FAIR if they send 10% of their profits to me,because I say so.they make TOO MUCH money according to criteria i pulled out of my a$$.yeah.

 

[brandonbull]

Originally posted by: cKGunslinger

Originally posted by: brandonbull

Originally posted by: slsmnaz

Originally posted by: AkumaX

Originally posted by: chambersc

Originally posted by: jlbenedict

Originally posted by: chambersc

Originally posted by: jlbenedict
Gas is a necessity.. sorry, but it is.

Our country depends on it. If I was to flip and switch, and *poof* no more gas, this country would be in chaos..

You people that scream "Move closer to work".. or, 'You don't need gas":

Do you fvcking fail to realize the United States is over 3000 miles wide, and besides the few hundred major, large cities, it is fairly scattered out. I guess the entire population all needs to move to the major cities right? Yeah.. that will solve everything.. Then you'll have:

1) Population Crowding
2) No Housing
3) Even more increasing housing costs
4) More unemployment
5) Public transportation will cost more
5) Roads will go to $hit..more traffic
6) More homeless
and so on and so on....

"Move Closer To Work" and "You Don't Need Gas" comments are beyond absurd, its hard for me to even think of how you could come up with some a thing.. that reasoning is flawed and is more full of $hit than a cow pasture on a hot summer day.

the only necessities in life are food, water, and shelter. where does "gasoline" fall into that equation?

Is food going to deliver itelf to the grocery store for you? I guess telepathic delivery methods are the wave of the future..

Have you lost all ability to get said food from the store via your feet/hands?

what he's saying is how is food going to get to the grocery store? i think all those big trucker guys don't need a 3,000cu feet container, they can just haul it on their backs and walk it to the supermarket for us...

Or you get a shovel and learn where food comes from. It doesn't come from the grocery store.

Oops. I bet in the process to make or deliver that shovel oil was used. Can't use it. Go ahead and get some fertilizer for your crops.... oops more oil products.

Wait - so people just sat around naked, eating rocks until the mass-refinement of petroleum was started?

unless you drink water from a stream and eat wild berries, oil had a hand in creating it.

 

[brandonbull]

Originally posted by: slsmnaz

Originally posted by: brandonbull

Originally posted by: slsmnaz

Originally posted by: AkumaX

Originally posted by: chambersc

Originally posted by: jlbenedict

Originally posted by: chambersc

Originally posted by: jlbenedict
Gas is a necessity.. sorry, but it is.

Our country depends on it. If I was to flip and switch, and *poof* no more gas, this country would be in chaos..

You people that scream "Move closer to work".. or, 'You don't need gas":

Do you fvcking fail to realize the United States is over 3000 miles wide, and besides the few hundred major, large cities, it is fairly scattered out. I guess the entire population all needs to move to the major cities right? Yeah.. that will solve everything.. Then you'll have:

1) Population Crowding
2) No Housing
3) Even more increasing housing costs
4) More unemployment
5) Public transportation will cost more
5) Roads will go to $hit..more traffic
6) More homeless
and so on and so on....

"Move Closer To Work" and "You Don't Need Gas" comments are beyond absurd, its hard for me to even think of how you could come up with some a thing.. that reasoning is flawed and is more full of $hit than a cow pasture on a hot summer day.

the only necessities in life are food, water, and shelter. where does "gasoline" fall into that equation?

Is food going to deliver itelf to the grocery store for you? I guess telepathic delivery methods are the wave of the future..

Have you lost all ability to get said food from the store via your feet/hands?

what he's saying is how is food going to get to the grocery store? i think all those big trucker guys don't need a 3,000cu feet container, they can just haul it on their backs and walk it to the supermarket for us...

Or you get a shovel and learn where food comes from. It doesn't come from the grocery store.

Oops. I bet in the process to make or deliver that shovel oil was used. Can't use it. Go ahead and get some fertilizer for your crops.... oops more oil products.

If I pooped oil, or had animals that did, I would be a very wealthy man.

and how is fertilzer made then?

 

[slsmnaz]

I didn't realize there was only one type? There are types of "organic" fertilizer (see my alternate reference you quoted). I know your point is based on the reasoning that oil MUST be used, but you're wrong.

 

[fitzov]

If it weren't for "sheep" veterans like me, you'd have no rights whatsoever.

Unless you served in WW2 you are full of crap, and even then it's speculative--no, it's science fiction--that Japan or Germany would have taken over the US.

 

[Linflas]

Originally posted by: brandonbull

Originally posted by: slsmnaz

Originally posted by: brandonbull

Originally posted by: slsmnaz

Originally posted by: AkumaX

Originally posted by: chambersc

Originally posted by: jlbenedict

Originally posted by: chambersc

Originally posted by: jlbenedict
Gas is a necessity.. sorry, but it is.

Our country depends on it. If I was to flip and switch, and *poof* no more gas, this country would be in chaos..

You people that scream "Move closer to work".. or, 'You don't need gas":

Do you fvcking fail to realize the United States is over 3000 miles wide, and besides the few hundred major, large cities, it is fairly scattered out. I guess the entire population all needs to move to the major cities right? Yeah.. that will solve everything.. Then you'll have:

1) Population Crowding
2) No Housing
3) Even more increasing housing costs
4) More unemployment
5) Public transportation will cost more
5) Roads will go to $hit..more traffic
6) More homeless
and so on and so on....

"Move Closer To Work" and "You Don't Need Gas" comments are beyond absurd, its hard for me to even think of how you could come up with some a thing.. that reasoning is flawed and is more full of $hit than a cow pasture on a hot summer day.

the only necessities in life are food, water, and shelter. where does "gasoline" fall into that equation?

Is food going to deliver itelf to the grocery store for you? I guess telepathic delivery methods are the wave of the future..

Have you lost all ability to get said food from the store via your feet/hands?

what he's saying is how is food going to get to the grocery store? i think all those big trucker guys don't need a 3,000cu feet container, they can just haul it on their backs and walk it to the supermarket for us...

Or you get a shovel and learn where food comes from. It doesn't come from the grocery store.

Oops. I bet in the process to make or deliver that shovel oil was used. Can't use it. Go ahead and get some fertilizer for your crops.... oops more oil products.

If I pooped oil, or had animals that did, I would be a very wealthy man.

and how is fertilzer made then?

Cows+field for them to graze in=fertilizer.

 

[Mr.IncrediblyBored]

Originally posted by: cheezy321
I did pay extra (6K actually) but considering the fact that my golf was an unreliable piece of crap anyways (over 5K in repairs done to it), I needed a new car.

The change of car was something I needed to do, and while making the decision of a new car, I kept gas prices in mind. Seems like people dont think gas prices can change whenever.

I knew your post was way too altruistic. You made it sound like you changed vehicles soley for gas mileage. Let me ask you this question: If your VW had zero relibility issues, would you still have spent $6k to purchase a new vehicle?

 

[Linflas]

Originally posted by: fitzov

If it weren't for "sheep" veterans like me, you'd have no rights whatsoever.

Unless you served in WW2 you are full of crap, and even then it's speculative--no, it's science fiction--that Japan or Germany would have taken over the US.

The only one full of crap here is you. When you are in the military your life is on the line 24X7 not just during a time of war. We weren't at war when the Cole was bombed or when Pearl Harbor was bombed yet in both instances American servicemen lost their lives. It is only speculative that Germany or Japan would have taken over the US only because there were enough people willing to defend this country to allow you to be around today to spout such garbage.

 

[fitzov]

Originally posted by: Linflas

Originally posted by: fitzov

If it weren't for "sheep" veterans like me, you'd have no rights whatsoever.

Unless you served in WW2 you are full of crap, and even then it's speculative--no, it's science fiction--that Japan or Germany would have taken over the US.

The only one full of crap here is you. When you are in the military your life is on the line 24X7 not just during a time of war. We weren't at war when the Cole was bombed or when Pearl Harbor was bombed yet in both instances American servicemen lost their lives. It is only speculative that Germany or Japan would have taken over the US only because there were enough people willing to defend this country to allow you to be around today to spout such garbage.

Blah blah blah. I was in the military during the first Gulf War, and I don't feel entitled to say that I "defended" the country. That's BS, and disrespectful to those who died when were in real times of crisis. You can take your flag-waving crock of shite and shove it where the sun doesn't shine. (or, maybe it does shine there, who knows)

 

[TheAdvocate]

Not one legitimate argument since I posted.

If there's one thing I've learned, you cannot have a logical discussion with an idealogue. You'd have more success ordering a hamburger from a turtle. They are basicly a different species.

That's why this stuff needs to be on P&N. The people making the most noise in these threads dont want to discuss, they just want to argue.

If you wanna compete that bad, go play a video game, or :gasp: go outside and play a sport. At least you'll be exercising.

 

[slsmnaz]

Originally posted by: TheAdvocate
Not one legitimate argument since I posted.

If there's one thing I've learned, you cannot have a logical discussion with an idealogue. You'd have more success ordering a hamburger from a turtle. They are basicly a different species.

That's why this stuff needs to be on P&N. The people making the most noise in these threads dont want to discuss, they just want to argue.

If you wanna compete that bad, go play a video game, or :gasp: go outside and play a sport. At least you'll be exercising.

Considering your "point" had been addressed in the 10 prior pages there was no use in responding.

A CEO's job is to make money for the company and interested parties. He did that. He got paid. What's your argument?

 

[ElFenix]

Originally posted by: JackBurton

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.

small swings in demand and supply lead to large price fluctuations in oil because the volume of oil is basically fixed. it has ALWAYS been that way. a ~2% oversupply caused the price of a barrel to fall to $15 in 1998.

 

[ElFenix]

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.

profit margins aren't an idicator of anything. what if they're very inefficient? could be that they could have 50% margins if the company was run properly.

 

[Amused]

Originally posted by: fitzov

Originally posted by: Linflas

Originally posted by: fitzov

If it weren't for "sheep" veterans like me, you'd have no rights whatsoever.

Unless you served in WW2 you are full of crap, and even then it's speculative--no, it's science fiction--that Japan or Germany would have taken over the US.

The only one full of crap here is you. When you are in the military your life is on the line 24X7 not just during a time of war. We weren't at war when the Cole was bombed or when Pearl Harbor was bombed yet in both instances American servicemen lost their lives. It is only speculative that Germany or Japan would have taken over the US only because there were enough people willing to defend this country to allow you to be around today to spout such garbage.

Blah blah blah. I was in the military during the first Gulf War, and I don't feel entitled to say that I "defended" the country. That's BS, and disrespectful to those who died when were in real times of crisis. You can take your flag-waving crock of shite and shove it where the sun doesn't shine. (or, maybe it does shine there, who knows)

Um, without a military we'd be open prey to the first two bit dictator to come along.

I'm very sorry you did not recognize the importance of your job when you did it. Some of us did. My father was in WWII and so was my GF's grandfather. Thankfully, they don't/didn't share your pathetic discounting of our military.

BTW, WTH is wrong with waving the flag? Aren't you proud of your country and what the flag stands for? If not, why the hell did you serve? Let me guess, for the benefits, right?

 

[Amused]

Originally posted by: ElFenix

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.

profit margins aren't an idicator of anything. what if they're very inefficient? could be that they could have 50% margins if the company was run properly.

Profit margins are everything when spurious claims of gouging are thrown about.

 

[ElFenix]

Originally posted by: JackBurton
What if you looked into alternative sources of fuel and found a very promising way to fuel everything without oil? Do you think the oil companies would just sit on the side lines? If I were them, I'd buy the patent and bury it. But I'm sure they'd never do something like that. I'm sure no one has thought of or invested in researching alternative fuels. This must be a new concept.

a) patents are of limited duration. so burying it isn't all that effective. it'll come out. and usually there is more than one way of doing something (see the 'me too' drugs).
b) if they can make money on it they would. they're in it for the money. money knows no religion or politics. if they can't make money on it, what makes you think other people could? and if no one could make money on it, what makes you think the patent is worth something? if you can't make money on something that has a 20 year government protected monopoly, then that something probably isn't worth very much.

 

[TheAdvocate]

Originally posted by: Amused

Originally posted by: ElFenix

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.

profit margins aren't an idicator of anything. what if they're very inefficient? could be that they could have 50% margins if the company was run properly.

Profit margins are everything when spurious claims of gouging are thrown about.

They arent spurious. Exxon's Gross Margin increased over the last two reported quarters, as I pointed out and you ignored. That was my point.