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Title: gas/oil co. prick talk Post by cootie on Nov 10th, 2005, 12:48pm I heard last nite late on some sorta talk show (late nite insomnia stuff) that the oil co's of course had that record profit of sumthin like 10 billion this fall after that price hike we all paid at the pumps and paying extra for shipping products and recieveing at shops ect blah blah blah blah.......but what I heard made me so mad and so sick I had nitemares. The gas/oil co's are 'stateing' the prices were hiked so high to prevent a gas shortage after the huricane disasters so people wouldn't panic and run out and stock up and fill tanks all at once. And if you don't like the prices BUY LESS or DRIVE LESS. So if we all had that reasoning we mite as well all start wearing turbons our our heads. Mine mine mine and you pay pay pay and me get richer richer richer and you get poorer poorer poorer......and next thing ya know everyone does it and runs shops and business's out and gets totally rid of the middle class. Mite as well start priceing tents and camels now Pam This is NOT a political thread......I am not into argueing that stuff publically or knowledgeable enuff to attempt such a feat. But this jus pisses me off.....it is so black and white what happend yet they get away with it and act as if they did what they did to protect us ???? How far will it go. Brad's shop is already feeling the pinch......paper stock went up a big percentage (so did health ins) and now they pay some sort of sur charges on shipped items to cover extra gas prices. They will probly have to pass the increase along to there customers.....and so on and so on and so on and so on which they hate to do and risk looseing clients. I think pay should be mandatory to increase rite along with everything else so everyone can stay in the groove. (well.......it was a nice thought at least......correct ?) |
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Title: Re: gas/oil co. prick talk Post by vig on Nov 10th, 2005, 1:34pm it's hurting a lot of people and it's going to get worse this winter when people feel the 2 of the 1-2 punch; home heating bills.... (is this really prick talk?) ;;D |
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Title: Re: gas/oil co. prick talk Post by nani on Nov 10th, 2005, 1:37pm on 11/10/05 at 13:34:58, vig wrote:
It is if we're talking about the pricks who are livin' large off our hard earned money. Wonder how much the CEO bonus' were at the oil companies this quarter? ::) |
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Title: Re: gas/oil co. prick talk Post by maffumatt on Nov 10th, 2005, 1:40pm I quit bitching about the price of gas and joined the free market, I bought stock in both Exxon and Texaco.......... |
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Title: Re: gas/oil co. prick talk Post by vig on Nov 10th, 2005, 1:40pm 155 times the average annual salary, if I remember correctly.... http://www.washingtonpost.com/wp-dyn/content/article/2005/11/09/AR2005110900754.html "We do not see this as a windfall" said James J. Mulva, the chief executive of ConocoPhillips |
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Title: Re: gas/oil co. prick talk Post by nani on Nov 10th, 2005, 1:44pm on 11/10/05 at 13:40:24, maffumatt wrote:
A smart investor, I see. When you get rich, Matt... buy me a nice steak dinner, OK? You drive. :-* |
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Title: Re: gas/oil co. prick talk Post by vig on Nov 10th, 2005, 1:49pm so much for ethics... if you can't beat 'em, join 'em? |
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Title: Re: gas/oil co. prick talk Post by maffumatt on Nov 10th, 2005, 2:10pm Damn straight. And I do have ethics. Nani IOU, if I get rich I'll buy you a whole steer. |
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Title: Re: gas/oil co. prick talk Post by Big Dan on Nov 10th, 2005, 2:10pm http://media.damnfunnypictures.com/dfp/funny_owl_06.jpg -Big Dan |
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Title: Re: gas/oil co. prick talk Post by pattik on Nov 10th, 2005, 2:13pm on 11/10/05 at 13:40:24, maffumatt wrote:
And I've got stock in Exxon Mobile, Chevron Texaco, and BP--those dividends soften the blow of higher prices. |
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Title: Re: gas/oil co. prick talk Post by Rock_Lobster on Nov 10th, 2005, 2:35pm Thank your politicians and the Eco-freaks for not letting the oil companies build a new refinery in the last 25 years. 'House suspends Alaska drilling push'... on CNN right now. Name one person you know who has ever been to the Arctic National Wildlife Refuge. Thank your politicians for not letting the energy companies develop the gas fields off the coast of Florida. Know where Floridians get their gas? Africa. No shit. |
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Title: Re: gas/oil co. prick talk Post by MJ on Nov 10th, 2005, 2:44pm Funny. When you think about it we all bitch about the big oil companies but when it gets down to ownership its you and I that own them. Wether its an individual stock, savings account, pension fund, insurance policy or most other funds. Oil is a pure commodity that is priced on supply and demand You demand they supply. If you could get 100 dollars more on the sale of a car what would you do, would you turn it down. The issue is not a shortage of oil it is a demand for oil. I like my SUV. so I must pay. Unfortunately you must pay too. We just did a 5% increase across the board on everything for my company because we still want oil and cant be in business without it. If the price of oil drops will we drop our prices. Probably not as long as someone is willing to pay them. |
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Title: Re: gas/oil co. prick talk Post by cootie on Nov 10th, 2005, 2:44pm What would happen if we actually did so much drillin for oil we tapped out the supply underground.......would we become MARS incorporated Pam |
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Title: Re: gas/oil co. prick talk Post by Jeepgun on Nov 10th, 2005, 2:47pm *whipping up a hellacious batch of chili...* |
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Title: Re: gas/oil co. prick talk Post by minnie on Nov 10th, 2005, 6:25pm I'm worried about natural gas prices for heating my home this winter.We have drilling all over this part of NY.you would think that we'd get a little break and they'd supply our area,......wrong.we arent through NYSEG were throuh a local gas company mandatory.Now the NY state dept. of public service is stepping in because Corning Natural gas may not have the ability to obtain sufficient supplies of natural gas.In other words More $$$$.their holding public meetings to let us know whats gfoing on looks like the goverments gonna step in [smiley=gocrazy.gif] so much better (said sarcastically [smiley=mad.gif] ) Oh well how cold can it get in upstate NY anyways..... Minnie |
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Title: Re: gas/oil co. prick talk Post by Kevin_M on Nov 10th, 2005, 7:32pm on 11/10/05 at 12:48:54, cootie wrote:
Not knowledgable either Pams because after I heard one sentence from an Exxon exec about the nature of their business and long term... "CLICK" the TV just STFU. |
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Title: Re: gas/oil co. prick talk Post by Charlie on Nov 10th, 2005, 8:54pm Even Washington seems nervous about what we might think of this one. Oh. It's 100 billion, not 10. The CEO of Walmart makes 28 million dollars. What a shame. Really gotta feel for him. Probably have to postpone his backyard golf course. .... Singing "The Internationale" here. Charlie http://www.netsync.net/users/charlies/gifs/cranky pat.gif |
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Title: Re: gas/oil co. prick talk Post by forgetfulnot on Nov 11th, 2005, 1:49am Let's not forget, people pay more for bottled water than gasoline per gallon. I have said it b-4, but buy stock in companies that make money, who cares how they do it! ::) Lee |
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Title: Re: gas/oil co. prick talk Post by maffumatt on Nov 11th, 2005, 7:28am We should take the CEOs bonus and give it to the people who could make better use of it. Wait a sec.... what is that called? Oh yea.......socialism.......capitalism bad, wealth redistribution, good........ |
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Title: Re: gas/oil co. prick talk Post by pattik on Nov 11th, 2005, 11:55am If you want someone to rail against, rail against OPEC--the arab producers. THEY are the group who has most control over the flow of world oil. They produce the VAST majority of the oil we use. Exxon Mobile produces a mere 3% of the world's oil supply, the other U.S. companies, even less. |
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Title: Re: gas/oil co. prick talk Post by maffumatt on Nov 11th, 2005, 3:03pm After costs, the "big oil" make 10 cents a gallon, the guy at the gas station is makeing 3 to 4 cents a gallon, the State's average 45 cents a gallon on taxes, whos ripping who........ |
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Title: Re: gas/oil co. prick talk Post by Charlie on Nov 11th, 2005, 5:06pm The greatest period of prosperity in American history was when the tax rates were the highest. Charlie |
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Title: Re: gas/oil co. prick talk Post by pattik on Nov 11th, 2005, 5:23pm on 11/11/05 at 17:06:05, Charlie wrote:
Does that include 1773? ;;D |
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Title: Re: gas/oil co. prick talk Post by stevegeebe on Nov 11th, 2005, 7:20pm Oil is finite. Get use to an increase in the cost. Our kids are going to be really pissed off that we squandered the endowment. Steve G |
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Title: Re: gas/oil co. prick talk Post by MJ on Nov 11th, 2005, 7:24pm Like forgetfulnot says we pay more for bottled water. Davani small bottles add up to 5.49 gallon. with no refining just ran it through cheap filters. My water from my well comes out cleaner than theirs in tests Cost = about 1.2 cents a bottle before marketing, distribution, etc.. Now those guys deserve their bonuses. |
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Title: Re: gas/oil co. prick talk Post by Charlie on Nov 11th, 2005, 11:56pm A lot of bottled water comes from Pepsi too. Oh yeah. When I think of clean water; I think Coke and Pepsi. http://www.netsync.net/users/charlies/gifs/coke.gif Bottled water. Hilarious. What a con. My bottled water comes from my kitchen tap. Charlie |
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Title: Re: gas/oil co. prick talk Post by purpleydog on Nov 12th, 2005, 9:16am on 11/10/05 at 13:40:24, maffumatt wrote:
My stock in ExxonMobil, which I've had since it was still Mobil Oil, has increased 1000% since I got it. No complaints here, and the more profit they make, the more I make. Gotta remember though, the oil companies don't sell just oil. They produce lots of different chemical products, such as plastics (storage containers, Hefty food storage bags, Ziploc, garbage cans, just to name a few), not to mention other petroleum based chemicals that make life easier for all of us. The oil that the people from Florida are buying from Africa comes from wells partly owned by American oil companies. They have shares in the development, and the production of the resulting product, whether it be natural gas or oil. ExxonMobil, Royal Dutch Shell, Texaco, BP (British Petroleum), and other companies all go in together, and have a stake in the wells. Of course, there is much $ that changes hands with the governments of these countries, to allow drilling for oil, and I'm sure to have protection so they don't get shot, or blown up, although that does happen from time to time. And of course to grease the palms (wheels) of the right people to make the red tape easier to get through. Last year I supplied some of the components of an oil platform being built (it's now about done) off the coast of Nigeria, wholly owned by a very large oil company. It is due to go online in 2006. These companies have to buy their infrastructure to build to be able to drill. All of the raw materials, electronics, and labor to build, and operate the wells must be paid for somehow. In my line of work, the price of raw materials is skyrocketing, from the price of steel (which is now coming from China, mostly, and all the raw materials to make it are being shipped to China), to various metals, aluminum, all the different grades of stainless steel, brass, bronze, to plastics, like pvc, and heavy duty plastic storage containers, to nylon products. Part of it is a shortage of materials, and part of it is the cost of the energy to produce these materials. Even the oil companies have to pay for this. What goes around comes around. Buy stock in an oil company. ExxonMobil just posted a third quarter profit of $9.9 BILLION. Royal Dutch Shell came in a close second with a $9 billion profit. The other oil companies haven't done too bad either. Yes, oil is a finite resource, but there are other energy alternatives being looked at by all oil companies. Hell, if all they did was oil, they wouldn't be around long. At least when I fill my gas tank, I know I'm getting part of it back. |
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Title: Re: gas/oil co. prick talk Post by Charlie on Nov 12th, 2005, 2:36pm Ok but that doesn't alter that fact that a Republican controlled Senate at least makes a show of concern over a one tenth of a trillion dollar profit, enhanced by obsence tax cuts. Just maybe a little thank you would be good PR. Unlikely. The level of greed shown is unprecedented and going all one way. It's like drug companies telling us that they need all that money for research. Right. Their research is usually confined to making a tiny change in formulae of drugs so they can extend patents and make life for our grandparents an iffy proposition. Most drug research is done overseas. Charlie |
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