|
||
|
Title: The PLAN..... Post by BarbaraD on Apr 25th, 2006, 7:42am You gotta love Robin Williams...... Even if he's nuts! Leave it to Robin Williams to come up with the perfect plan. What we need now is for our UN Ambassador to stand up and repeat this message. Robin Williams's plan...(Hard to argue with this logic!) "I see a lot of people yelling for peace, but I have not heard of a plan for peace. So, here's one plan. 1) "The US will apologize to the world for our 'interference' in their affairs, past & present. You know: Hitler, Mussolini, Stalin, Tojo, Noriega, Milosevic, Hussein, and the rest of those 'good ole boys;' we will never 'interfere' again. 2) "We will withdraw our troops from all over the world, starting with Germany, South Korea, the Middle East, and the Philippines. They don't want us there. We would station troops at our borders. No one allowed sneaking through holes in the fence. 3) "All illegal aliens have 90 days to get their affairs together and leave. We'll give them a free trip home. After 90 days, the remainder will be gathered up and deported immediately, regardless of who or where they are. They're illegal!!! France will welcome them. 4) "All future visitors will be thoroughly checked and limited to 90 days unless given a special permit!!!! No one from a terrorist nation will be allowed in. If you don't like it there, change it yourself and don't hide here. Asylum would never be available to anyone. We don't need any more cab drivers or 7-11 cashiers. 5) "No foreign 'students' over age 21. The older ones are the bombers. If they don't attend classes, they get a D, and it's back home, baby. 6) "The US will make a strong effort to become self-sufficient energy-wise. This will include developing nonpolluting sources of energy, but will require temporary drilling for oil in the Alaska wilderness. The caribou will have to cope for a while . 7) "Offer Saudi Arabia and other oil-producing countries $10 a barrel for their oil. If they don't like it, we go someplace else. They can go somewhere else to sell their production. (About a week of the wells filling up the storage sites would be enough.) 8) "If there is a famine or other natural catastrophe in the world, we will not 'interfere.' They can pray to Allah, or whomever, for seeds, rain, cement, or whatever they need. Besides, most of what we give them is stolen or given to the army. The people who need it most get very little, if anything. 9) "Ship the UN Headquarters to an isolated island someplace. We don't need the spies and fair-weather friends here. Besides, the building would make a good homeless shelter or lockup for illegal aliens. 10) "All Americans must go to charm and beauty school. That way, no one can call us 'Ugly Americans' any longer. The language we speak is ENGLISH...learn it...or LEAVE." "Now, isn't that a winner of a plan?" "The Statue of Liberty is no longer saying, 'Give me your tired, your poor, your huddled masses.' She's got a baseball bat, and she's yelling, 'You want a piece of me?' " |
||
|
Title: Re: The PLAN..... Post by chewy on Apr 25th, 2006, 7:46am Quote:
What we need is for Robin Williams to BE the UN ambassador. |
||
|
Title: Re: The PLAN..... Post by nani on Apr 25th, 2006, 8:23am http://www.snopes.com/politics/soapbox/williams.asp |
||
|
Title: Re: The PLAN..... Post by BarbaraD on Apr 25th, 2006, 11:34am Well, Nani -- it's still a good plan.... :) |
||
|
Title: Re: The PLAN..... Post by chewy on Apr 25th, 2006, 11:50am Quote:
I think that was the point. Doesn't matter who came up with it. |
||
|
Title: Re: The PLAN..... Post by floridian on Apr 25th, 2006, 11:54am on 04/25/06 at 07:42:25, BarbaraD wrote:
That is good comedy, even if it isn't Robin Williams. We'll do that right after we tell the pharmaceutical companies that we won't pay more than 20 cents a tablet for their meds, right after we tell the doctors and insurance companies we will only pay $25 a month for health care, and right after we all tell our bosses we want a 100% raise or we will all quit and find better jobs. You go first. |
||
|
Title: Re: The PLAN..... Post by BarbaraD on Apr 25th, 2006, 6:51pm Did anyone but me (I was babysitting and didn't have much else to do) listen to King George's speech today about fuel? I swear if he says he feels my pain - I'll scream!!!! DId anyone know this high fuel is hard on the "working man and woman?" And we should quit depending on oil so much - duh!!! I'm writing Congress my weekly letter and EXPLAINING it ONE MORE TIME just HOW things are down here in "NORMAL" people country. Those idiots in DC have really lost touch with reality totally..... Then I'll figure out how to work 39 cents into the budget to mail it..... :) Hugs BD |
||
|
Title: Re: The PLAN..... Post by floridian on Apr 25th, 2006, 7:14pm Just heard a story about how when oil prices went up after Katrina, Bush made reassuring sounds about alternative fuels and an energy strategy, then prices went down and 'the plan' lost momentum. Now that prices are high again, he is saying exactly the same thing as he did before. I could complain, but the thing about democracy is that the people usually get the government they deserve. Somebody voted to elect big oil, then voted to re-elect them again. Bush authorized the leaking of the name of an undercover CIA agent and blew the cover of the brass-plate firm that she worked for, but the Whitehouse still refuses to release a list of names of the energy company executives that were on the executive policy task force. (Enron's Ken Lay was probably one). Gotta admire a man who knows where his loyalty lies. |
||
|
Title: Re: The PLAN..... Post by Linda_Howell on Apr 25th, 2006, 7:20pm So what you're saying Flo, is that the minority that DIDN'T vote for big oil should also get the government the majority voted for ? Sheesh. No way out I can see. I also did something I have never done before here. Made a political post. God help me while I pawn my rings to pay for gas to get to work. Not really, just plagerizing someone I saw on T.V. this morning. Linda |
||
|
Title: Re: The PLAN..... Post by Lizzie2 on Apr 25th, 2006, 7:27pm on 04/25/06 at 19:20:39, Linda_Howell wrote:
There was some guy who had been in the military who pawned some 100 year old watch - they showed that on a news program recently here. Then tonight they were talking about driving slower and driving less. They also showed that our regional rail has gained so much more business since the price hikes...so maybe they're in on it, too! My car has no gas in it whatsoever right now, but I'm working nights this week so I have to drive... maybe next week I can try taking the train again once I'm on day shift! This is definitely a huge hit on those out there struggling to buy food, let alone fight higher gas prices! Sheeeeeeesh...... Carrie :) |
||
|
Title: Re: The PLAN..... Post by Jonny on Apr 25th, 2006, 7:35pm The way I understand it (I could be wrong) is that we get 60% of our oil from over seas, they want $75 a barrel. The other 40% comes from right here in this country. Exxon-mobile can get it out of the ground for $20 a barrel, but they still charge us the $75 a barrel.....whats wrong with this picture? |
||
|
Title: Re: The PLAN..... Post by Charlie on Apr 25th, 2006, 7:52pm I believe it's true that we get most of our oil from Canada. I also have to believe that it benefits oil companies to keep us thinking otherwise. Charlie |
||
|
Title: Re: The PLAN..... Post by Linda_Howell on Apr 25th, 2006, 8:10pm Quote:
Mobil, Exxon et al. are getting 400 mil. dollars retirements, while we get the shaft. looking into bicycles, Linda |
||
|
Title: Re: The PLAN..... Post by Kevin_M on Apr 25th, 2006, 8:47pm on 04/25/06 at 19:35:50, Jonny wrote:
Actually it gets worse. http://www.nytimes.com/2006/02/14/business/14oil.html?ex=1297573200&en=87dc413fa6add582&ei=5088&partner=rssnyt&emc=rss Long story short: N.Y. Times Feb 14, 2006 WASHINGTON, Feb. 13 — The federal government is on the verge of one of the biggest giveaways of oil and gas in American history, worth an estimated $7 billion over five years. Royalty-Free Oil and Gas New projections, buried in the Interior Department's just-published budget plan, anticipate that the government will let companies pump about $65 billion worth of oil and natural gas from federal territory over the next five years without paying any royalties to the government. ---------/ /------- Industry lawyers contend they have a strong case, because Congress never mentioned price thresholds when it authorized royalty relief for all deepwater leases awarded from 1996 through 2000. -------/ /-------- If that view prevails, the government said it would lose a total of nearly $35 billion in royalties to taxpayers by 2011 — about the same amount that Mr. Bush is proposing to cut from Medicare, Medicaid and child support enforcement programs over the same period. ---------------------------------------------------------------------- Here it is again: http://www.nytimes.com/2006/03/29/business/29leases.html?ex=1301288400&en=6659f5b350527e93&ei=5090&partner=rssuserland&emc=rss G.A.O. Sees Loss in Oil Royalties of at Least $20 Billion By EDMUND L. ANDREWS Published: March 29, 2006 G.A.O. Draft Report WASHINGTON, March 28 — Incentives for oil and gas companies that drill in the Gulf of Mexico will cost the federal government at least $20 billion over the next 25 years, according to the draft of a Congressional report obtained on Tuesday. The new estimates, prepared by the Government Accountability Office, also warn that $80 billion in revenue could be lost over the same period if oil and gas companies won a new lawsuit that seeks a further reduction in their royalty payments. ----------/ /-------- The Interior Department acknowledged last month that it would forgo about $7 billion in royalties over the next five years — even though it expected energy prices to remain near record highs. ---------/ /-------- In what the G.A.O. said was a preliminary analysis, it estimated that the government would lose about $20 billion as a result of leases already signed. But that loss would quadruple to $80 billion if the suit by energy companies succeeded. ... |
||
|
Title: Re: The PLAN..... Post by john_d on Apr 25th, 2006, 9:18pm Regarding price of a barrel of oil, it's just based on supply and demand. If supply is low, prices go up. If demand is high, prices go up. Right now, demand is high because China is burning it up building wal-mart products. But the kicker is that supply is also low because the fricken oil companies can control how much oil they choose to refine and thus the supply, it's a completely unregulated industry. Not bound to change with our government run by ex-oil execs. |
||
|
Title: Re: The PLAN..... Post by Kevin_M on Apr 25th, 2006, 10:12pm on 04/25/06 at 21:18:10, john_d wrote:
Good points John, especially the words in bold. Worldwide demand hasn't doubled in three years. Since 2003, U.S. demand is up 4.3 %, however the price of gas has doubled (increased 100%). The U.S. consumes 45% of of the gas produced on Earth. The price of Crude is up - as high as $70 per barrel. This is because worldwide supply is tight and gasoline demand in the US is up despite high prices - 4.3% more than 2003. © 2006 Gibson Consulting. http://www.gravmag.com/gaspumpcost.gif http://www.nytimes.com/2006/04/25/washington/25cnd-bush.html?ex=1303617600&en=9c86fa70be832f7b&ei=5090&partner=rssuserland&emc=rss Bush Moves to Ease Oil Prices By DAVID E. SANGER Published: April 25, 2006 WASHINGTON, April 25 — President Bush today announced a series of short-term steps that he said might slightly ease energy prices, including a suspension of government purchases to refill the Strategic Petroleum Reserve and investigations into possible price gouging and price fixing. The moves reflect growing concern among Republicans that the price hikes would become another election-year liability for them. In a speech this morning before the Renewable Fuels Association, Mr. Bush followed the path of Republican leaders who, in a reversal, have suddenly called for the Federal Trade Commission and the Justice Department to conduct investigations and to consider "windfall profits" taxes, which the party has usually rejected. ... |
||
|
Title: Re: The PLAN..... Post by john_d on Apr 25th, 2006, 10:25pm Yep, the oil companies limit supply by refining less oil. Bastards. Presenting...."the man" http://media3.washingtonpost.com/wp-dyn/content/photo/2006/04/16/PH2006041600099.jpg he may have us all over a barrel so to speak but I take solice in the fact that he has a disproportionately fat neck and mangled tooth, petty comfort I know. |
||
|
Title: Re: The PLAN..... Post by Kevin_M on Apr 25th, 2006, 10:27pm ;;D |
||
|
Title: Re: The PLAN..... Post by floridian on Apr 25th, 2006, 10:33pm on 04/25/06 at 19:35:50, Jonny wrote:
It is called a global market with marginal pricing. Doesn't much matter what it costs to produce the stuff or where. The price that the last consumer pays to get their fill determines the market price for everyone. If there is a shortage, prices skyrocket. Add to the mix a situation where a few companies control the import and refining, and there are more bottlenecks to choke supply in the US, more opportunities to engage in price-fixing. To put it in familiar terms, if you were a metal widget maker, and making a widget cost you $20 (for all materials, labor, overhead and shipping), would you sell the widgets for $20, or for what the market price was? As long as people 'needed' or wanted those widgets and were willing to pay $50, $75, or $100, I'm guessing you would sell to them at the higher prices and make a profit. Nothing illegal or immoral about that. On the other hand, if there were only a handful of people that could produce these widgets, and they got together for cocktail parties on the isle of St. Barts, and discussed how they could manipulate the market to drive up prices, that would illegal. |
||
|
Title: Re: The PLAN..... Post by Linda_Howell on Apr 25th, 2006, 10:41pm I believe it's true that we get most of our oil from Canada. I.....we have a few friends there. wonder if that counts? I thought not. :( |
||
|
Title: Re: The PLAN..... Post by Dragnlance on Apr 25th, 2006, 11:23pm Here's the real point Last year, oil companies made, IN PROFIT 138 BILLION DOLLARS, and if that isn't obscene enough, they are expected to have profits THIS QUARTER of 40% MORE Don't tell me that the oil companies are not gouging us!! One Pissed Dragn |
||
|
Title: Re: The PLAN..... Post by BobG on Apr 26th, 2006, 3:31am You'd think that with the profits ExxonMobile is making they could afford to be a little more respectful of their largest customer, the USA. http://www.nhgazette.com/shop/uploads/gasflag12A.jpg ExxonMobil station in Newington festooned with tattered U.S. flags. |
||
|
Title: Re: The PLAN..... Post by Lizzie2 on Apr 26th, 2006, 9:01am This morning I paid $40 to fill my car, and I don't even have an SUV - so I feel for people who do!! Like my parents... But, on the other hand, my car guzzles gas like nothing I have ever seen. I can only get back and forth to work 3 or 4 times before filling up again. It is one very pricey exchange these days!! I coulda bought a week's worth of groceries for myself (living alone) for that price!! Carrie |
||
|
Title: Re: The PLAN..... Post by karma on Apr 26th, 2006, 10:25am Quote:
Flo, Fixed the spelling for you. These widget guys usually fly through here on their Citations, Lears or 737's and either hop a ride on their Bell Rangers or 150 million dollar yachts to hang with the other widget guys. Believe me they don't worry about the price of gas. http://im1.shutterfly.com/procserv/47b5dc02b3127cce903e3197933300000016108AcsmzFm4bNz But I'll bet the little guy in front does. |
||
|
Title: Re: The PLAN..... Post by Kevin_M on Apr 26th, 2006, 11:29am on 04/25/06 at 22:33:38, floridian wrote:
Investigations of price fixing and gouging will wrap up about October probably with no blame, and the price of oil will drop about 20 - 25 cents to us consumers just in time for voters to run to the polls in November and re-elect all the people who create this mess. Again though, all according to supply and demand. ;) |
||
|
Title: Re: The PLAN..... Post by imnotbub on Apr 26th, 2006, 11:51am on 04/26/06 at 11:29:06, Kevin_M wrote:
I can only hope that the people of this great nation go to the polls this time with there eyes open. Steve, A disgruntled Republican |
||
|
Title: Re: The PLAN..... Post by Dragnlance on Apr 26th, 2006, 1:32pm I now know a gal that was fired from her job, because she could not afford to drive to work. The buses run from 6am to 6pm, she works 9pm to 5 am (or used to). this is just the begining.... |
||
|
Title: Re: The PLAN..... Post by Kevin_M on Apr 26th, 2006, 2:02pm on 04/26/06 at 11:51:01, imnotbub wrote:
"Privately, Republicans said price-fixing investigations are good politics but unlikely to result in any significant punishments or price changes this year." – Washington Post http://www.washingtonpost.com/wp-dyn/content/article/2006/04/25/AR2006042501900.html On the industry side, the oil industry is gearing up a "multimillion-dollar lobbying and educational campaign in response to growing political pressures brought on by rising gas prices," says The Hill. http://www.thehill.com/thehill/export/TheHill/News/Frontpage/042606/news2.html (rollback started within two weeks prior to election 2004) http://www.thecarconnection.com/Auto_News/Auto_News/Post-Election_Gas_Prices_Fall_Slightly.S175.A7729.html Post-Election Gas Prices Fall Slightly Date: Nov. 7, 2004 Meanwhile, gasoline prices dipped slightly for the second consecutive week, as the price of crude oil continued falling back from record-high levels set in October, according to the Automobile Club of Southern California's Weekend Gas Watch. |
||
|
Title: Re: The PLAN..... Post by Dragnlance on Apr 26th, 2006, 2:32pm Quote:
WTF???????? WHERE?? |
||
|
Title: Re: The PLAN..... Post by karma on Apr 26th, 2006, 2:38pm Quote:
Pay attention their will be a test afterwards. [smiley=laugh.gif] |
||
|
Title: Re: The PLAN..... Post by echo on Apr 26th, 2006, 5:17pm on 04/26/06 at 14:38:16, karma wrote:
I hate fucking tests!! I'm taking my toys and leaving this thread! Suburban Loves Gas Echo |
||
|
Title: Re: The PLAN..... Post by purpleydog on Apr 26th, 2006, 9:53pm I managed to fill my tank when gas was still $2.79/gal. Still cost me $63.00. I drive a truck. Now, I live 2 1/2 miles and 7 minutes from my job, and that's pretty much all the driving I do. Unless I have errands on the weekend. A tank gets me through at least 2 weeks, or more. But, I also have a bike, and I'd ride it to work, but I need to be home at lunch for now. If I took the bus to work, the prices just jumped up for bus fare, and you know what? It's cheaper for me to drive. I do what I can to conserve fuel, and we aren't talking just gasoline here, are we? Anyone use oil for fuel this winter? Crude is just that... crdue oil, and it gets refined into many different kinds of fuel. The gas that the station owner has in his tank from last week, that he is making a margin of like 10% on? Or less? That's why a lot of gas stations are like mini-markets, that's where the real profits are. A station owner couldn't survive on selling gas alone, no matter how much volume he sold. How much in taxes are you all paying at the pump? Mine are at least $1.25 of the purchase price. The cheapest state I ever saw gas in was Georgia, because they have very little tax on the gasoline sold in their state. How much is a gallon of gas being taxed in your city and state? Net to mention federal taxes. Maybe we should all write our congressmen, and women, and ask them why it's so high. And for what? To keep up the roads? What else? I'm sure it's not to help further the education of our children. I remember when gas first went to $1.00 per gallon. I got a government survey in the mail asking questions about it, and the one that struck me as funny was "If gas hits $1.00 per gallon, will you continue to pay for it?" Do I have a choice? C'mon, fellow Americans. We are the richest country in the world, and the typical American expects everything to be handed to them on a silver platter. There are ways to use less gas. Gas prices won't be going down anytime soon, summer hasn't even started yet. Prices are always higher in the summer. Conservation is the key. And expect everything else to go up in price. Someone has to pay for the fuel to get the product to where it needs to go. Another thing that's interesting. I can fly 1800 miles, and rent a car and use about 1 tank of gas, cheaper than I could drive it. And looking at future flights... the price is staying the same so far. Of course, you could always buy stock in the oil companies. That way, you'd get in on that big record profit, and get some of your money back in dividends. I wonder how much is held by our fearless leader? Not to mention our state reps and congress people? And it doesn't matter if an investment company holds large blocks of oil stocks. If you are an investor, you still reap the benefits. America still has about the cheapest gas price per gallon anywhere, all taxes included. I'm not bitching, just dealing with it the best I can. Carpool anyone? |
||
|
Title: Re: The PLAN..... Post by Jonny on Apr 26th, 2006, 9:55pm You keep paying, Chris....I'll keep bitching! |
||
|
Title: Re: The PLAN..... Post by purpleydog on Apr 26th, 2006, 10:01pm Ok, works for me! ;;D leaves me more time to bitch about my favorite thing... the idiot driving in front of me. 8) |
||
|
Title: Re: The PLAN..... Post by Dragnlance on Apr 26th, 2006, 10:07pm I find it interesting that the oil companies can make BILLIONS in profit, by raping the public with their GREED, and people are still willing to DEFEND them by trying to shift the blame to TAXES. one word....BULLSHIT If what you say is true, then the oil companies would not show more than a few million in profits..(*choke*) I am seeing the people that are working for 6 or 7 dollars an hour going broke to line the pockets of "investers" I guess I am too honest, and will not be a part of raping the public. I believe in getting my money honestly. |
||
|
Title: Re: The PLAN..... Post by Jonny on Apr 26th, 2006, 10:12pm This says it all!! on 04/25/06 at 22:33:38, floridian wrote:
Thanks Flo! |
||
|
Title: Re: The PLAN..... Post by purpleydog on Apr 26th, 2006, 11:04pm on 04/26/06 at 22:07:46, Dragnlance wrote:
What makes you think that the oil companies should only make a few million $ in profit? A multi-billion dollar company making just a few million in profit? That would be considered a loss for them! Look at other companies the same size... most of them are making money hand over fist, and making record profits. Do you think they are raping their customers? The cost of R&D for any company takes a huge bite in operating expenses. When they finally find something that works to save them money, of course profits will rise. That's the idea. You own a business, you are in it to make money. Now, what would be interesting, is to see the CEO's of all these companies that pay their employees minimum wage, make less money and give it to some of the people that work for them. Think that will ever happen? modified to add: Besides, investments are the name of the game. How else do you plan to retire? On social security? |
||
|
Title: Re: The PLAN..... Post by Jonny on Apr 26th, 2006, 11:13pm on 04/26/06 at 23:04:22, purpleydog wrote:
Sorry!, but the oil companies are making profits never heard of in any life time of any company in the history of the world! Tell me Chris, why is it that we are paying a dollar more than a year ago? Is there more of a demand?.....Nope! Why is it?...you have all the answers....tell us! |
||
|
Title: Re: The PLAN..... Post by purpleydog on Apr 27th, 2006, 1:01am on 04/26/06 at 23:13:07, Jonny wrote:
Have you looked at the profits of pharmaceutical companies lately? ExxonMobil made revenues of $36.1 billion last year. Pfizer made $51.35 billion. Johnson & Johnson made $50.5 billion. The banking industry didn't do too bad either. And of course there is more demand for oil. The demand for oil is worldwide, not just in the USA. But, it's not just oil. There is also the petrochemical businesses and other petroleum products. I can't tell you why gas has gone up to the point it has now. With crude going for over a record breaking $72.00 per barrell, and oil constraints from the Mid-East, and the Gulf of Mexico, that may have something to do with it. Also, with the platforms in the Gulf of Mexico being damaged or even lost in hurricane Katrina, that probably put a damper on the domestic supply. Maybe that has something to do with it? No, I don't have all the answers. Oil supplies won't last forever. I'm sure it won't run out in our lifetime, but as the supply goes down, the price will go up. And when it costs less to process it, due to groundbreaking developments in R&D, which the oil industry puts more money into than any other industry, then yes, profits will go up. |
||
|
Title: Re: The PLAN..... Post by Kevin_M on Apr 27th, 2006, 1:20am on 04/27/06 at 01:01:47, purpleydog wrote:
Chris, you have mistakenly mixed up revenue with profits. Johnson and Johnson's revenue was $50.5 billion. http://money.cnn.com/magazines/fortune/fortune500/snapshots/716.html Pfizer's revenue was $51.35 billion. http://money.cnn.com/magazines/fortune/fortune500/snapshots/1042.html Exxon-Mobil's PROFITS, not revenue were $36.13 billion http://money.cnn.com/magazines/fortune/fortune500/snapshots/496.html Exxon-Mobil's profits are double the combined profits of Pfizer and J&J. ----------------------------------------------- The company suing the federal goverment to pay less in royalties for gas, Kerr-McGee, had the fastest profit growth of all Fortune 500 companies. http://money.cnn.com/2006/04/05/news/companies/fastestgrowing_f500_fortune/ FORTUNE 500: 50 fastest-growing By Jessica Seid, CNNMoney.com staff writer April 6, 2006: 1:13 PM EDT NEW YORK (CNNMoney.com) - Despite being a tumultuous year for the economy, FORTUNE 500 companies racked up record profits in 2005, bringing in a total of $610 billion, up 18.8 percent from about $514 billion the previous year. But which companies saw the most profit growth? Oil producer Kerr-McGee's (Research) profits soared a whopping 668.8 percent in 2005 to $3.2 billion, making it the fastest-growing FORTUNE 500 company last year by 2005 profit growth. (from previously posted links) In what the G.A.O. said was a preliminary analysis, it estimated that the government would lose about $20 billion as a result of leases already signed. But that loss would quadruple to $80 billion if the suit by energy companies succeeded. In the lawsuit, filed by Kerr-McGee Exploration and Production the company argues that the Interior Department does not have the authority to suspend the royalty incentives if prices for oil and gas climb above certain "threshold" levels. ------------- Moreover, the projected largess could be just the start. Last week, Kerr-McGee Exploration and Development, a major industry player, began a brash but utterly serious court challenge that could, if it succeeds, cost the government another $28 billion in royalties over the next five years. In what administration officials and industry executives alike view as a major test case, Kerr-McGee told the Interior Department last week that it planned to challenge one of the government's biggest limitations on royalty relief if it could not work out an acceptable deal in its favor. If Kerr-McGee is successful, administration projections indicate that about 80 percent of all oil and gas from federal waters in the Gulf of Mexico would be royalty-free. "It's one of the greatest train robberies in the history of the world," said Representative George Miller, a California Democrat who has fought royalty concessions on oil and gas for more than a decade. "It's the gift that keeps on giving." (all this as Kerr-McGee builds it's sixth deep water platform in the gulf) |
||
|
Title: Re: The PLAN..... Post by purpleydog on Apr 27th, 2006, 2:53am You are right Kevin, I read that wrong. XOM revenues for last year were $339.9 billion, with a profit of $36.1 billion. My mistake. Revenues were quite a bit weren't they? Look at what they had to spend to get that $36.1 bn profit. And most of it was made outside of the USA. Thanks for the correction. |
||
|
Title: Re: The PLAN..... Post by Kevin_M on Apr 27th, 2006, 3:38am on 04/27/06 at 02:53:34, purpleydog wrote:
You mean expenses? For the year, the company said, its exploration and capital expenses were $177 billion, an increase of $2.8 billion over the 2004 total. (a 1.6% increase for 40% more profit) http://www.nytimes.com/2006/01/30/business/30cnd-exxon.html?ex=1296277200&en=8ec83a7f4025b22b&ei=5088&partner=rssnyt&emc=rss also: Exxon said its profits climbed more than 40 percent last year, while its tax bill rose only 14 percent. The large amount of revenue for 2005 would make sense, by selling the same amount of gas you sold two years ago but at twice the price, revenue would double without more in expenses, highly increasing profits. |
||
|
Title: Re: The PLAN..... Post by deltadarlin on Apr 27th, 2006, 9:04am Think again about where we get out oil from. http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html From this site~ * The top sources of US crude oil imports for February were Mexico (1.774 million barrels per day), Canada (1.700 million barrels per day), Saudi Arabia (1.418 million barrels per day), Nigeria (1.342 million barrels per day), and Venezuela (1.175 million barrels per day). The rest of the top ten sources, in order, were Angola (0.464 million barrels per day), Iraq (0.444 million barrels per day), Ecuador (0.222 million barrels per day), Brazil (0.164 million barrels per day), and Algeria (0.163 million barrels per day). * *Canada was the largest exporter of total petroleum products again this month averaging 2.249 million barrels per day to the United States which is a decrease from last month (2.311 million barrels per day). The second largest exporter of total petroleum products again this month was Mexico (1.878 million barrels per day) which was an increase from last month (1.796 million barrels per day). Nigeria had a substantial increase in crude oil and total petroleum exports to the U.S. when compared to last months numbers. * |
||
|
Title: Re: The PLAN..... Post by rickyshot on Apr 27th, 2006, 11:26am If Canada is exporting so much oil and petroleum products then why the fuck is gas here the equivalant of 5.00 per gallon. They sell it for 1.19 per litre here. Where are all the profits going Oh I can guess. Some CEO's mistress got a new mink coat. Too bad I can't hack the banks accounts in Switzerland and CAyman Islands. |
||
|
Title: Re: The PLAN..... Post by BikerBob on Apr 27th, 2006, 2:08pm on 04/27/06 at 11:26:16, rickyshot wrote:
The reason why gas prices are so much higher in Europe and Canada than they are in the US is government taxes. In Canada, 40-50% of the price you pay at the pump is taxes to the government so you're paying about $2.40 per gallon in taxes. In the UK, France and the Netherlands; taxes are about $4.00/gallon. In the US taxes are only about $0.58/gallon. BB |
||
|
Title: Re: The PLAN..... Post by LeLimey on Apr 27th, 2006, 2:13pm Bob prices here have just shot up - we are now paying the equivalent of about $8:00 per gallon. I'm not sure how much a gallon it IS but I'd hazard a guess we're paying more than $4:00 a gallon in taxes :-/ Robin Hood where are you now we need you?! |
||
|
Title: Re: The PLAN..... Post by Margi on Apr 27th, 2006, 2:23pm Close, Bikerbob, we do pay a lot of gas tax here: Here's PetroCanada's breakdown of what goes where. http://www.petro-canada.ca/eng/media/8737.htm They say only 2% is profit to the oil company and I do tend to agree with that. I work in the energy sector, (not as a producer but in the service sector) and I know all of our costs are up. This economy is such that we can't find people to staff our positions and, those we do find, are pretty much doubling their day rates. We haven't raised our rates yet for gyroscopic surveying but if it keeps at this rate, we'll soon have to. EVERYTHING's driven by the price of oil. |
||
|
Title: Re: The PLAN..... Post by BikerBob on Apr 27th, 2006, 2:32pm on 04/27/06 at 14:13:51, LeLimey wrote:
Correct. I'm looking at a chart that says on April 10 average gas prices in the UK were $6.13/gallon, of which $4.05 was taxes, so about 65% of your gas price is taxes. BB |
||
|
Title: Re: The PLAN..... Post by BikerBob on Apr 27th, 2006, 2:39pm on 04/27/06 at 14:23:24, Margi wrote:
The gas taxes in Canada vary by province. This is the information I got: "Gasoline is already one of the most highly taxed products that Canadians use every day, accounting for almost 50 per cent of the retail gasoline pump price. Although originally intended for fixing and maintaining our roadways, scarcely 2.5 per cent of this five billion dollar tax base is used for this reason." http://www.caa.ca/mini%20sites/gasprice/doing.html |
||
|
Title: Re: The PLAN..... Post by rickyshot on Apr 27th, 2006, 2:50pm Oh I can just imagine where the taxes go. Here in Quebec you have potholes the size of craters. I have seen better roads in Jamaica. Don't even ask about the English school system. And to add insult to injury, there are two major casinos which do about a million a day. The Cayman Islands I tell you........... |
||
|
Title: Re: The PLAN..... Post by Dragnlance on Apr 27th, 2006, 7:28pm First off, PROFIT is what is made AFTER the bills are paid. The oil companies reaping PROFITS that whold countrys dont even make. And that statement about it being taxes... OMG!! do you think we are THAT stupid???? The taxes are not raised on a daily basis!! There is only one thing that can be said about the current prices.. FUCKING GREED Anyone who defends the oil companies, or their stocks is taking blood money. I for one am sick of being cornholed by the scum |
||
|
Title: Re: The PLAN..... Post by Jonny on Apr 27th, 2006, 7:48pm on 04/27/06 at 01:01:47, purpleydog wrote:
Thats funny, cause after Katrina when the goverment called all the heads of the oil companies to the table.....the price of gas went from over $3 to $1.95 at the gas station I go to. Why is that?....is the demand that great now it justifies these prices? I DONT THINK SO!!!!! |
||
|
Clusterheadaches.com Message Board » Powered by YaBB 1 Gold - SP 1.3.1! YaBB © 2000-2003. All Rights Reserved. |