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  #21 (permalink)  
Old 08-01-2008, 03:44 AM
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Originally Posted by Finny View Post
USED to be.. once the money leaves your hand it is not yours. You can complain all you want.. but you certainly choose to buy it.
Finny, this isn't about me. This is about Exxon Mobil and their rotten greed.

Don't get so obsessed.
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  #22 (permalink)  
Old 08-01-2008, 03:54 AM
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Originally Posted by ViolaLee View Post
Finny, this isn't about me. This is about Exxon Mobil and their rotten greed.

Don't get so obsessed.
Excuse me.. you made it about you..

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Originally Posted by ViolaLee View Post
It used to be mine, till they price gouged me out of it.
Wanna have power over Exxon Mobil (noticed you didn't talk about BP our European oil Company and its 33% more then they did last year), you boycott. You don't buy gas, or you cut back on driving..

Less Demand = Lower prices.

Also, did you notice with President Bush lifted the Presidential banning on off-shore drilling.. Oil went down from $145 to $125 in less then 1 week.

Also Oil futures are down to $125 until Feb 09, it use to be at $150 a week before the President lifting the ban.

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  #23 (permalink)  
Old 08-01-2008, 04:08 AM
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Originally Posted by Finny View Post
Excuse me.. you made it about you..
Really? How do you figure that? Who mentioned me first? Let's review.

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Originally Posted by ViolaLee View Post
And not only is Exxon Mobil taking billions in profits for their CEOs, they aren't investing in alternative clean energies AND they are funding the global warming deniars!
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Originally Posted by Finny View Post
It's their money.. not yours.
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Originally Posted by ViolaLee View Post
It used to be mine, till they price gouged me out of it.
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Originally Posted by Finny View Post
USED to be.. once the money leaves your hand it is not yours. You can complain all you want.. but you certainly choose to buy it.
Oops, you're wrong. You made it about me.
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  #24 (permalink)  
Old 08-01-2008, 04:44 AM
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No, I said it was their money.. not yours..

then you went into your they are gouging me.. blah blah crap.


let's review.. I stated a fact. You stated an opinion which involved you personally. But its nice you ignored all those other facts I provided about the Prices today.. and why they fell.
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  #25 (permalink)  
Old 08-01-2008, 05:35 AM
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The thing that is just simply wrong every last single time ExxonMobile or Chevron break records for profits and people rush in to the rescue to claim it is just free market capitalism is we ain't got free market capitalism.

For example, the real goal of the executive teams and CEO's are not corporate profits but their own personal profits. So when the issue of building new refineries developes it is really an issue of cutting into their exorbitant profits.

The lack of refinery capacity has become a factor by which the market value of gasoline can be manipulated.

And many stockholders in these corporations have issue with the exorbitant salaries and the CEO's and executive teams acting primarily in self interest.

I see nothing wrong with some good old fashioned scathing public outrage directed at the ExxonMobile executives. They richly deserve it.

And incredibly the Republicans in the Senate have safeguarded ExxonMobil's corporate welfare.

Why should a company that is breaking all records for profits of any US corporation in history for any quarter need taxpayer subsidies???

We need to have a list of Republican corporate butt kissers made public so we know exactly who to vote out of office.
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Old 08-01-2008, 08:57 AM
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The thing that is just simply wrong every last single time ExxonMobile or Chevron break records for profits and people rush in to the rescue to claim it is just free market capitalism is we ain't got free market capitalism.

For example, the real goal of the executive teams and CEO's are not corporate profits but their own personal profits. So when the issue of building new refineries developes it is really an issue of cutting into their exorbitant profits.

The lack of refinery capacity has become a factor by which the market value of gasoline can be manipulated.

And many stockholders in these corporations have issue with the exorbitant salaries and the CEO's and executive teams acting primarily in self interest.

I see nothing wrong with some good old fashioned scathing public outrage directed at the ExxonMobile executives. They richly deserve it.

And incredibly the Republicans in the Senate have safeguarded ExxonMobil's corporate welfare.

Why should a company that is breaking all records for profits of any US corporation in history for any quarter need taxpayer subsidies???

We need to have a list of Republican corporate butt kissers made public so we know exactly who to vote out of office.

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  #27 (permalink)  
Old 08-01-2008, 09:38 AM
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The executive teams that are raking in profits hand over fist for ExxonMobile and other billionaire corporations couldn't care less about new refineries because the cost would be taken out of their profits.
While there may be some truth to that, having old, inefficient refineries also cuts into their profit margin. At some point, newer and more efficient refineries is actually more cost effective for the company, thereby increasing profits.
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  #28 (permalink)  
Old 08-01-2008, 10:08 AM
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I'm sure at that level of business decisions involving hundreds of millions of dollars, they have accountants that will do cost-benefit analysis for executives. I am at a point to say if there is no clear benefit for the executive team members and CEO personally, they will not make a decision to proceed with something just because it benefits the company in general or in the long run.

I understand there are quite a few alienated ExxonMobile stockholders that have issue with exorbitant CEO and executive team salaries. Maybe a scenario like the one we have currently will stimulate some in-fighting (making record breaking profits while company stocks lose ground).
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  #29 (permalink)  
Old 08-01-2008, 10:14 AM
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Anyone else think it is outrageous for a billionaire oil company to set a new quarterly profits record -the highest in all US history - while gas prices are still over $4 a gallon for gas through most of the country? The inflation the increase in the cost of gas has caused means that the working poor and elderly on fixed incomes that were barely making it previously are now simply not making it at all. In the meantime, the number one money grubber -the CEO - is making over $25 million a year. M
What did the Government make on Windfall taxes on Gasoline over the same period?

I would suspect that the Federal Government pulled in Much more than Exxon Mobil did ... Considering that the government makes $ 0.46 per gallon and Exxon profits were only $0.36 based on a $ 4.00 per gallon price.

Looks like the Government really made out on this one.. Exxon's profits were puny compared to the windfall profits made by the Government.
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  #30 (permalink)  
Old 08-01-2008, 10:43 AM
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They don't have windfall taxes. That legislation did not pass. They do have taxes that are designated for the repair and upgrade of our highways.

And who is defending the Government here? My theory is the more money they have the more money they spend. As far as I am concerned, if they are making more than the oil corporations per gallon they need to cut back.

Have you seen anyone step forward from either party to propose a permanent cut back on gas taxes?

Then every last single time they pass a Transportation / Highway Bill, billions of pork gets added.
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