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Thread: GAS PRICES!!!!

  1. #49

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    Exxon is only running at a 10% profit margine. Not really gouging at all.

    100B in revenue 10B in profit.

    Where companies like microsoft run at 25% profit...
    40B rev. 10B profit.
    \"Anyway, no drug, not even alcohol, causes the fundamental ills of society. If we're looking for the source of our troubles, we shouldn't test people for drugs, we should test them for stupidity, ignorance, greed and love of power.\"
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  2. #50

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    Ok, I'll be the first to admit I know squat about economics, but I've got a question: what does one *do* with 10 billion in profits?

    Is the other 90 billion simply the direct cost of extracting, refining, etc, or does it also include aspects of the company less directly related to strict supply, such as R&D and prospecting? Does the 10B go right to the stockholders (I know dividends, but if the stock doesn't pay dividend, as some don't, and is based on perceived company value, where does the actual money go?) or get re-invested in R&D, marketing, prospecting, etc?

    Also, with the salary that was mentioned, how can that really be justifed? In theory, the job market exists in terms of supply and demand, but can there *really* be such an imbalance between the supply and demand for CEOs? I have a hard time believing that, especially since I've seen what goes on in the boardroom of multinational companies via my father; monkeys could do better, in some cases.

    Quote Originally Posted by [b
    Quote[/b] ]Where companies like microsoft run at 25% profit...
    Microsoft is also the purest source of evil in the know universe, so I'm not surprised. Though I must admit I'm astonished their stock doesn't crash every half hour or every time an investor tries to save

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  3. #51
    endparenthesis's Avatar
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    Quote Originally Posted by [b
    Quote[/b] (Capslock @ April 25 2006,10:01)]This Exxon CEO just got a $400 million retirement package:
    Wow. I hope he'll at least donate a chin to charity or something.

  4. #52
    Jeremiah Harris's Avatar
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    lol

  5. #53

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    Quote Originally Posted by [b
    Quote[/b] (Capslock @ April 25 2006,10:01)]This Exxon CEO just got a $400 million retirement package:
    Good... maybe he can afford to buy himself a neck now.
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  6. #54

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    I feel badly for people who are living paycheck to paycheck, or are on a fixed income, and can't really cope with the higher gas prices...

    BUT...

    I feel a deep sense of Schadenfreude for all those people who commute daily by themselves in an oversized SUV or mammoth pickup truck.
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  7. #55
    War. War never changes. Est's Avatar
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    Quote Originally Posted by [b
    Quote[/b] ]I feel a deep sense of Schadenfreude for all those people who commute daily by themselves in an oversized SUV or mammoth pickup truck.
    Ditto.

    I gotta go get some gas, I've gone about 333 miles on this tank... and now my mom tells me I need to drive my brother tomorrow... Cuttin' it real close. If you don't hear from me again, it's because I broke down in the middle of nowhere and was kidnapped by a hobo and sold south of the border.

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  8. #56

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    This is from an email I got...

    GAS WAR - an idea that WILL work

    This was originally sent by a retired Coca Cola executive. It came from one of his engineer buddies who retired from Halliburton. It's worth your consideration.

    Join the resistance!!!! I hear we are going to hit close to $4.00 a gallon by next summer and it might go higher!! Want gasoline prices to come down?
    We need to take some intelligent, united action. Phillip Hollsworth offered this good idea.

    This makes MUCH MORE SENSE than the "don't buy gas on a certain day" campaign that was going around last April or May! The oil companies just laughed at that because they knew we wouldn't continue to "hurt" ourselves by refusing to buy gas. It was more of an inconvenience to us than it was a problem for them.

    BUT, whoever thought of this idea, has come up with a plan that can really work. Please read on and join with us! By now you're probably thinking gasoline priced at about $1.50 is super cheap. Me too! It is currently $2.79 for regular unleaded in my town. Now that the oil companies and the OPEC nations have conditioned us to think that the cost of a gallon of gas is CHEAP at $1.50 - $1.75, we need to take aggressive action to teach them that BUYERS control the marketplace..... not sellers. With the price of gasoline going up more each day, we consumers need to take action. The only way we are going to see the price of gas come down is if we hit someone in the pocketbook by not purchasing their gas! And, we can do that WITHOUT hurting ourselves. How?
    Since we all rely on our cars, we can't just stop buying gas. But we CAN have an impact on gas prices if we all act together to force a price war.

    Here's the idea:

    For the rest of this year, DON'T purchase ANY gasoline from the two biggest companies (which now are one), EXXON and MOBIL. If they are not selling any gas, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit.

    But to have an impact, we need to reach literally millions of Exxon and Mobil gas buyers. It's really simple to do! Now, don't wimp out at this point.... keep reading and I'll explain how simple it is to reach millions of people.

    I am sending this note to 30 people. If each of us sends it to at least ten more (30 x 10 = 300) ... and those 300 send it to at least ten more (300 x 10 = 3,000)...and so on, by the time the message reaches the sixth group of people, we will have reached over THREE MILLION consumers. If those three million get excited and pass this on to ten friends each, then 30 million people will have been contacted! If it goes one level further, you guessed it..... THREE>>>>HUNDRED MILLION
    >>>>PEOPLE!!!


    Again, all you have to do is send this to 10 people. That's all. (If you don't understand how we can reach 300 million and all you have to do is send this to 10 people.... Well, let's face it, you just aren't a mathematician. But I am, so trust me on this one.)

    How long would all that take? If each of us sends this e-mail out to ten more people within one day of receipt, all 300 MILLION people could conceivably be contacted within the next 8 days!!!

    I'll bet you didn't think you and I had that much potential, did you?

    Acting together we can make a difference. If this makes sense to you, please pass this message on. I suggest that we not buy from EXXON/MOBIL UNTIL THEY LOWER THEIR PRICES TO THE $1.30 RANGE AND KEEP THEM DOWN.

    THIS CAN REALLY WORK
    There's a tunnel at the end of the light...

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