Posted on 07/23/2007 6:17:52 AM PDT by Daffynition
You are probably paying over $30 a gallon for beer, which is somehow justified, and the beverage companies make approximately 40% profit margin, and that’s OK, (great, really, because I own stock in a few), but $3 a gallon gas made by a company earning 8-10% is gouging?
One again, your logic is not coming through very clearly.
Investing is smart money management.
On the way out the door to see this slander of my character. Tsk tsk. The viking kitties are warming up troll. I'll ask, just to see if you have ANY integrity, to post an apology. I'll check back in shortly, and just for the record, I'm going to have a drink in honor of my recently passed wife, the first drink I've had in years, hence my "walking" instead of driving. Wrap your feeble mind around that, troll. See what I mean about giving you enough rope? It's a tried and proven method here in FReeperville. You lefty's fall for it every time. Blackbird.
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They make less rate of return on their investment than most other industries. The numbers seem huge because the companies are huge.
All you're saying is that you're philosophically opposed to huge companies which is irrational.
C&B, b!
If they need to make a bigger margin, then maybe they should go into other products, with higher returns. The increase in huge profits are directly proportional to the higher pump price.
Yes, and huge losses are also proportional to that. The oil companies have plenty of them over the past 20 years.
You can’t be seriously suggesting that they get out of the oil business and into the bottled water business.
The mentality of some here that profits are bad is just marxist. Reconsider what you’re saying. Big companies SHOULD make big profits. Otherwise there is something wrong with them.
If you don’t like the concept of profits, there are a few, very few, countries on the planet where that’s the official policy.
FierceAllegiance, when you come to the point that you can’t even spell out what you want to say because it is all foulmouthed, perhaps you should refrain from posting at all.
I am not fierce allegiance, and wtfayta?
Have a nice day. ho. ho. ho.
This is also against forum rules, but it's ok if you do it, right?
Oops...missed pinging you. Look at my reply immediately above this one.
FALSE™ @ 79.
Copper. Ugh. [shiver down spine]
I understand using their site for the purpose of ridicule, but using them on this forum as a legitimate source for debate.....well, that I don't understand.
If you claim it is false, prove it.
I will second that. I have a friend who is an engineer at the BP Texas City refinery and he has complained for years about the lackadaisical management attitude towards maintenance and equipment reliability. They prefer to skimp on maintenance and then place blame on the engineering staff.
On the other hand take Exxon-Mobil. Before the merger, both had top-notch staffs at all refineries, especially Exxon. They never skimped on maintenance and bought top quality equipment. Several Exxon engineers were marketed by the company to teach equipment reliability to the rest of the industry and even other capital intensive industries, like electric utilities. They are the best are it shows as theri refineries rarely have big problems.
Your ignorance is simply amazing and apalling at the same time. You are using Public Citizen as a source for your ‘facts’ on FR????? That’s Socialist front organization. It’s a political group disguised as a non-profit’ consumer advocate” group. I trust NOTHING they put out as facts, as they are consistently anti-capitalist.
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