Oil chiefs say high prices not our fault
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Re: Oil chiefs say high prices not our fault         


Author: neoconis_ignoramus
Date: Apr 2, 2008 11:03

On Apr 2, 10:32 am, "OneTwoThree" wrote:
> "George Grapman" paccbell.net> wrote in message
>
> news:giOIj.36905$J41.25838@newssvr14.news.prodigy.net...
>
>
>
>
>
>> gfretw...@aol.com wrote:
>>> On Wed, 2 Apr 2008 09:42:25 -0800, "SteveB"
>>> henderson.com> wrote:
>
>>>> The oil companies make 8 cents a gallon.  Various governments tax it
>>>> over a dollar a gallon.  Do the math, you fucking genius.
>
>>> Bullshit
>
> ...
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Re: Oil chiefs say high prices not our fault         


Author: Kurt Ullman
Date: Apr 2, 2008 11:26

In article comcast.com>,
"OneTwoThree" wrote:
> the story is sadly lacking in analysis. for example, is that 8.3 cents the
> net profit? let's say it is. what was the net a year ago? two years ago?
Their profit margins recently have run in the 10-11%% range, about
average to a little below the S&P 500. It has been within that range
for at least 5 years and IIRC (always a concern) for around the last 15
or so.
> I am guessing but confident that the oil company net has no where near
> increased at the rate that the retail price of gasoline has, or more
> accurately, at the rate that the cost of a barrel of...
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Re: Oil chiefs say high prices not our fault         


Author: trader4
Date: Apr 2, 2008 11:28

On Apr 2, 1:19 pm, Kurt Ullman yahoo.com> wrote:
> In article
> a70g2000hsh.googlegroups.com>,
>
>
>
>
>
>  MFOgilvie aol.com> wrote:
>> On Apr 2, 10:34 am, Kurt Ullman yahoo.com> wrote:
>>> In article
>>> <09fedfb0-a9c1-409f-8b40-d786d7f89...@b1g2000hsg.googlegroups.com>,
>
>>>  MFOgilvie lmco.com> wrote:
>>>> But by the same token, aren't the independents in control of their own
>>>> shipping rates?  It's reasonable to assume as one's operating costs
>>>> increase, the cost of their good services increase accordingly.
>
>>>       You would be very wrong on your assumptions. Price is not only
>>> decided by cost of goods. Demand is down related to the slow down, there ...
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Re: Oil chiefs say high prices not our fault         


Author: SteveB
Date: Apr 2, 2008 13:21

aol.com> wrote in message
news:o1f7v3d182v7j656c333c1at9342a3o3v0@4ax.com...
> On Wed, 2 Apr 2008 09:42:25 -0800, "SteveB"
> henderson.com> wrote:
>
>>The oil companies make 8 cents a gallon. Various governments tax it over
>>a
>>dollar a gallon. Do the math, you fucking genius.

Google "gasoline price breakdown"

Click the first hit.

Enjoy.

Steve
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Re: Oil chiefs say high prices not our fault         


Author: SteveB
Date: Apr 2, 2008 13:25

What we REALLY need to do is to search out EVERY stockholder in a gas
company and deliver one single .45 ACP to the forehead.

All the retired worker ants who have a 401, or any kind of a retirement plan
that owns more then ONE share of stock.

That ought to get rid of all the greedy bastards that are taking advantage
of the citizenry.

Steve
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Re: Oil chiefs say high prices not our fault         


Author: VRWC Destruction Machine
Date: Apr 2, 2008 12:50

George Grapman paccbell.net> wrote in crayon...
>SteveB wrote:
>> The oil companies make 8 cents a gallon. Various governments tax it over a
>> dollar a gallon. Do the math, you fucking genius.
>>
>> Steve
>>
>>
> So why do the companies show record profits?

It doesn't take a genius to figure it out, Curious George. All one has
to have is a pulse.

They have record sales. If a company sold 5 million widgets at 10
cents on the dollar one year and they sold 10 million widgets at 10
cents on the dollar the next year. Will they show a record profit the
second year?

It's time to ask yourself, "Are you smarter than a 5th grader",
Curious George?

I think not.

-
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Re: Oil chiefs say high prices not our fault         


Author: David Hartung
Date: Apr 2, 2008 12:57

George Grapman wrote:
> SteveB wrote:
>> The oil companies make 8 cents a gallon. Various governments tax it
>> over a dollar a gallon. Do the math, you fucking genius.
>>
>> Steve
>>
> So why do the companies show record profits?

Perhaps because they are selling billions of gallons?
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Re: Oil chiefs say high prices not our fault         


Author: David Hartung
Date: Apr 2, 2008 13:01

neoconis_ignoramus wrote:
> On Apr 2, 10:32 am, "OneTwoThree" wrote:
>> "George Grapman" paccbell.net> wrote in message
>>
>> news:giOIj.36905$J41.25838@newssvr14.news.prodigy.net...
>>
>>
>>
>>
>>
>>> gfretw...@aol.com wrote:
>>>> On Wed, 2 Apr 2008 09:42:25 -0800, "SteveB"
>>>> henderson.com> wrote:
>>>>> The oil companies make 8 cents a gallon. Various governments tax it
>>>>> over a dollar a gallon. Do the math, you fucking genius.
>>> http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2008/04/02/MNU7VU...
>>> The oil company executives contended that their record profits last year
>>> were in line with other industries, noting that oil and gas companies ...
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Re: Oil chiefs say high prices not our fault         


Author: Carl Swanson
Date: Apr 2, 2008 13:04

VRWC Destruction Machine wrote:
> George Grapman paccbell.net> wrote in crayon...
>
>> SteveB wrote:
>>> The oil companies make 8 cents a gallon. Various governments tax it over a
>>> dollar a gallon. Do the math, you fucking genius.
>>>
>>> Steve
>>>
>>>
>> So why do the companies show record profits?
>
> It doesn't take a genius to figure it out, Curious George. All one has
> to have is a pulse.
>
> They have record sales. If a company sold 5 million widgets at 10
> cents on the dollar one year and they sold 10 million widgets at 10
> cents on the dollar the next year. Will they show a record profit the
> second year?
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Re: Oil chiefs say high prices not our fault         


Author: David Hartung
Date: Apr 2, 2008 13:07

SteveB wrote:
> aol.com> wrote in message
> news:o1f7v3d182v7j656c333c1at9342a3o3v0@4ax.com...
>> On Wed, 2 Apr 2008 09:42:25 -0800, "SteveB"
>> henderson.com> wrote:
>>
>>> The oil companies make 8 cents a gallon. Various governments tax it over
>>> a
>>> dollar a gallon. Do the math, you fucking genius.
>
> Google "gasoline price breakdown"
>
> Click the first hit.

Very Interesting.
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