feel bad 4 them |
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87BFN owner
Grand Poobah Joined: August-25-2006 Location: Ypsilanti, MI Status: Offline Points: 2194 |
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I hate the bank just as much, but I aleast get some of that back when I do my taxes. I get nothing from paying high gas bills.
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Poster112
Senior Member Joined: May-28-2006 Location: United States Status: Offline Points: 206 |
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What???? Who are we to say how much that Exxon should be happy with. The shareholders, which included loads of retirement funds for teachers and unions, depend on those profits. I'll bet they will tell you that more is better. Exxon also paid Billions (yes with a "B") in income taxes. A certain female presidential hopeful wants to take the profits from the shareholders and do something else with the money. Do you agree with that? Yeah take away that profit or ad "windfall taxes" and see how much you'll be paying for gas. Anyway, the profit margin on the gasoline that they sell is around 10%. Banking runs about 16%. I don't hear any complaining about that.
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backfoot100
Platinum Member Joined: January-03-2007 Location: United States Status: Offline Points: 1897 |
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And we help them out even more by buying premium for our toys. You gotta pay to play!
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87BFN owner
Grand Poobah Joined: August-25-2006 Location: Ypsilanti, MI Status: Offline Points: 2194 |
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so I guess we could bring gas prices back down aorund $1.50 a gallon and they can just be happy making $10 billion a year. Just my 2 cents. But that will never happen, so just fill them up and have fun.
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Waterdog
Grand Poobah Joined: April-27-2006 Location: United States Status: Offline Points: 2020 |
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$39.5 billion = $75.000 every minute of every day x 365(that's what the news reported)
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Ski Blue
Newbie Joined: January-31-2007 Location: United States Status: Offline Points: 10 |
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It's hard to fathom how much of a profit that is. Just makes it kind of hard to understand things from their perspective. How much money do the top exec's really need?
Wish the would share those profits! |
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88 2001 - Family's boat
We've got to carry each other - ONE |
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Ski Texas
Newbie Joined: October-24-2006 Status: Offline Points: 7 |
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At least now you know what stock to buy.
And don't envy them to much soon Al Gore will have them out of business |
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3/4 of the Planet is water
Spend 3/4 of you time on the water |
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87BFN owner
Grand Poobah Joined: August-25-2006 Location: Ypsilanti, MI Status: Offline Points: 2194 |
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I don't know about everyone else but don't you feel bad for exxon they only had a record breaking profit year for the second year in a row. They only made 39.5 billion, and said they would have made more but fourth quater prices were down for gasoline, and nautral gas.
But remember your not being screwed at the pump by the gas company or the government. Hope nobody works for them, if so I am sorry for my rant. |
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