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We are gouging oil companies – and ourselves
Ayn Rand Institute via High Springs Herald ^ | July 23, 2007 | David Holcberg

Posted on 07/23/2007 6:17:52 AM PDT by Daffynition

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To: TommyDale

I meant to ping you to my #100 if you’re interested. Blackbird.


101 posted on 07/24/2007 7:06:13 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: BlackbirdSST
gluten for punishment

parroted perbatum,

Is English your second language? Clearly, you have displayed a total ignorance of not only market economics, but the language our country operates on. I'm laughing away at you now.

Maybe, if you had a clue, you'd realize these places generally buy the fuel from the same wholesaler, who sets his price daily, and they generally work on approximately the same very low margin. It's not collusion, it's market economics, but you don't understand a basic principle that kids who run a friggin lemonade stand can figure out. You need to charge more than it cost you, and you aren't going to sell your commodity if you are the highest priced game in town.

Tell me, what do you do for work? Do you know what your employer makes for a margin? I know my company would fire me if the projects I ran brought in the measly margin the big oil companies make.

You manage to parrot the liberal talking points, yet call me a moonbat? Yeah, you are delusional. I have some other, more apt descriptions, but they don't fall within FR posting guidelines.

102 posted on 07/24/2007 7:10:26 PM PDT by Clam Digger
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To: TommyDale
However, this week we are once again being told that “down time” at several refineries are resulting in a shortage of supply, and our prices are jumping up again.

We are being TOLD that shortages are the result of 'down times'! What refineries are affected? What was wrong that resulted in less than full capacity? I just have a problem buying all of the BS that speculators are spewing.......

103 posted on 07/24/2007 7:11:56 PM PDT by ErieGeno
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To: BlackbirdSST
Yep, only liberals have a problem paying $3 a gallon for gas. Are you really that stupid? No need to answer noob. Don't you have some dividends to suck? Blackbird.

What is wrong with $3 a gallon gas? It's one of the few things that have risen less than the rate of inflation. OK, so it isn't fun paying that much, but hell, why not bitch about the copper market. I pay twice what i paid 3 years ago for a roll of romex. DAMNIT, that's gouging. OK, just joking, it's market economics, but you'd never get that.

104 posted on 07/24/2007 7:13:23 PM PDT by Clam Digger
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To: Clam Digger
What is wrong with $3 a gallon gas? It's one of the few things that have risen less than the rate of inflation. OK, so it isn't fun paying that much, but hell, why not bitch about the copper market. I pay twice what i paid 3 years ago for a roll of romex. DAMNIT, that's gouging. OK, just joking, it's market economics, but you'd never get that.

Ok, so we've gone from milk/water to jewelry and are moving on to copper. I'm telling you moonbat, you need to perfect the engines that run on that stuff and you'd be a zillionaire.

Thank you fr displaying your fross ignorance of market economies

And you think you have any business criticizing ANYONES literacy moonbat? Blackbird.

105 posted on 07/24/2007 7:19:28 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: Clam Digger
What is wrong with $3 a gallon gas?

Tell you what, I'll pay $1.50 at the pump, you can pay $4.50 and make up the difference. Money is no object to you, considering that you suck on the dividend check, deal? Blackbird.

106 posted on 07/24/2007 7:22:01 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: BlackbirdSST

Yeah, I had a typo, but clearly you don’t even know what you are trying to say. Don’t ping me, you just don’t understand, and you clearly aren’t worth the effort to explain it to. My kids are way smarter than you, they understand market economics.

Gluten is an amorphous mixture of ergastic (i.e. non-living) proteins found combined with starch in the endosperm of some cereals, notably wheat, rye, and barley. It constitutes about 80% of the proteins contained in wheat, and is composed of the proteins gliadin and glutenin. Gluten is responsible for the elasticity of kneaded dough, which allows it to be leavened, as well as the “chewiness” of baked products like bagels. It is the glutenins (specifically, low molecular weight glutenins) that are especially critical to gluten quality.[1], [2]


107 posted on 07/24/2007 7:22:53 PM PDT by Clam Digger
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To: Clam Digger
Don’t ping me

The last refuge of all moonbat cowards. Blackbird.

108 posted on 07/24/2007 7:24:45 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: BlackbirdSST

LOL. Yeah, that’s it, you are jealous I am making a TON off of you. I plan to retire in about 5 years if my portfolio keeps going the way it has. I think 45 is a good age for me to retire. When do you plan to, when your social security checks come due, at 67? LMAO! See ya!


109 posted on 07/24/2007 7:24:59 PM PDT by Clam Digger
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To: Daffynition

Exxon-Mobil doesn’t seem too badly gouged. They recently reported one of the biggest quarterly profits in their company’s history. I don’t weep much for them...


110 posted on 07/24/2007 7:26:19 PM PDT by kiriath_jearim
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To: Clam Digger

Greed is not a Conservative trait noob! Blackbird.


111 posted on 07/24/2007 7:27:52 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: BlackbirdSST

Because I have little patience for utter stupidity, and that’s you. Take your argments over to the liberal boards where they will be well recieved. Conservative capitalists like me don’t buy your stupidity.


112 posted on 07/24/2007 7:28:19 PM PDT by Clam Digger
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To: Clam Digger
Take your argments over to the liberal boards where they will be well recieved.

NEVER been there noob, but it seems to be an obsession with you. What's your screen name @ DU? Blackbird.

113 posted on 07/24/2007 7:31:22 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: BlackbirdSST
Greed is not a Conservative trait noob!

Explain the greed in making an 8% margin, or wisely investing? Government control is a socialist desire, though, so why keep pushing for it, commie? I'm sorry you can grasp simple capitalist concepts, and keep tugging on the socialist line. You aren't making yourself look to bright at all, Karl. Hurry along, I'm sure you can go watch your heroes from their debate last night over at youtube.

114 posted on 07/24/2007 7:31:44 PM PDT by Clam Digger
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To: Clam Digger
Explain the greed in making an 8% margin,

When did it drop 2%? Overnight? You can't even keep your lies straight. Blackbird.

115 posted on 07/24/2007 7:33:42 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: BlackbirdSST
What's your screen name @ DU? Blackbird.

LOL, no, you are the one parroting liberal lines. The way you wrote that, it looks like you are asking me if my name at DU is blackbird. I assumed that's yours.

116 posted on 07/24/2007 7:34:00 PM PDT by Clam Digger
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To: kiriath_jearim
They recently reported one of the biggest quarterly profits in their company’s history.

The worlds biggest companies make the worlds biggest profits. Weird, huh? They sure didn't make it on margin, though.

117 posted on 07/24/2007 7:35:11 PM PDT by Clam Digger
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To: Daffynition
an oil company can only make us an offer to buy its products, which we are free to reject.

Perhaps there are some people who can get by in this country while rejecting the costs of gasoline, but not many. When the oil companies control supply and demand and have limited the number of oil companies in existence (to reduce or eliminate competition), then they do have some control over the pricing of their product. That does not mean that the Government is not complicit in this process.

118 posted on 07/24/2007 7:38:00 PM PDT by SoldierDad (Proud Father of a 2nd BCT 10th Mountain Soldier fighting the terrorists in the Triangle of Death)
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To: Clam Digger
The way you wrote that, it looks like you are asking me if my name at DU is blackbird.<

You do know that a question mark (?) ends the sentence or did that go over your head too? < see question mark. I can do this for days noob, you're still working on amateur hour. Blackbird.

119 posted on 07/24/2007 7:38:28 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: TommyDale
Oil company performance is based on "return on capital employed". If they do not maximize thier profits to the best possible result, Wall street will react, and the stock will thusly suffer.

If you really dislike oil companies that much, do your best to conserve, buy a hybrid, bicycle,or moped...etc.

As an individual you do your best to invest which brings you the best money, why can't the oil companies? As another poster said, you have been duped by MSM.

120 posted on 07/24/2007 7:40:36 PM PDT by catfish1957 (In honor of my 5 Confederate ancestors whodefended their homeland during the War of Northn Agression)
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