Bob Adkins <bobad@charter.net> wrote in
news:d5ghd2tl5q1mpsk3dkbind2t82dr2ghbgi@4ax.com:

> On Mon, 07 Aug 2006 23:46:39 GMT, "Eric G."
> <NgOrSePeAnM99@Zoptonline.Znet> wrote:
>
>
>>You don't find it a bit coincidental that Exxon-Mobil and other oil
>>compaies make record profits when Republicans are in office
>>domestically? The same republicans who are heavily invested in the
>>oil companies? I guess it could just be coincidence...
>
>
> You make 10% profit sound as though it should be illegal. Keep in mind
> the record profits are in DOLLARS, not PERCENTAGE. Exxon-Mobil is a
> growing company, and will keep breaking records as they grow.

Yes, very, very good news for the stock holders. Now, if only the same
stock holders would buy some shares in corn, soy, field grass or whatever
other possible form of potential energy, maybe things would be a bit
different.

Maybe I am just jealous. Man, if only I could find a finite energy source
that could run or help make just about everything in the world. I guess
being wealthy beyond my wildest dreams just wouldn't be enough for me
either.

Eric

 

Eric G. wrote:
> Brian Nystrom <brian.nystrom@verizon.net> wrote in
> news:eMOBg.402$QK.337@trndny06:
>
>
>>Eric G. wrote:
>>
>>>Bob Adkins <bobad@charter.net> wrote in
>>>news:d2bed25vqj43v60tt3mrpo80srfldmre5v@4ax.com :
>>>
>>>
>>>
>>>>On Sat, 5 Aug 2006 22:35:51 -0700, "Paradox" <parallaxaz@***.net>
>>>>wrote:
>>>>
>>>>
>>>>
>>>>
>>>>>>Hmmm. It should be out right around the time that gas prices hit
>>>>>>$4.00/gallon. Yeah, that's just what we need!
>>>>>
>>>>>Nah, the republicans are just about out of office again. I'll bet
>>>>>that in 3-4 years, gas prices will be around $2/gal
>>>>
>>>>
>>>>What are you, some kind of Kool Aid drinker? Oil prices are
>>>>determined by supply and demand, not politics.
>>>>
>>>>Gasoline will never see $2.50 again, and will probably hit $4 within
>>>>a year.
>>>
>>>
>>>While I think seeing anything in the $2 range is unlikely, I think
>>>you are a bit foolish if you think politics has nothing to do with
>>>oil prices.
>>
>>Global politics does, but it doesn't make a damn bit of difference
>>what party is in power here in the states.
>
>
> You don't find it a bit coincidental that Exxon-Mobil and other oil
> compaies make record profits when Republicans are in office
> domestically? The same republicans who are heavily invested in the oil
> companies? I guess it could just be coincidence...

The oil companies are making record profits because high demand and an
unstable middle-east (nothing new there) have combined to drive the
price of crude through the roof. One could reasonably argue that our
foreign policy is partly to blame, but please spare me the silly
conspiracy theories.

 

Eric G. wrote:
> Brian Nystrom <brian.nystrom@verizon.net> wrote in
> news:eMOBg.402$QK.337@trndny06:
>
>
>>Eric G. wrote:
>>
>>>Bob Adkins <bobad@charter.net> wrote in
>>>news:d2bed25vqj43v60tt3mrpo80srfldmre5v@4ax.com :
>>>
>>>
>>>
>>>>On Sat, 5 Aug 2006 22:35:51 -0700, "Paradox" <parallaxaz@***.net>
>>>>wrote:
>>>>
>>>>
>>>>
>>>>
>>>>>>Hmmm. It should be out right around the time that gas prices hit
>>>>>>$4.00/gallon. Yeah, that's just what we need!
>>>>>
>>>>>Nah, the republicans are just about out of office again. I'll bet
>>>>>that in 3-4 years, gas prices will be around $2/gal
>>>>
>>>>
>>>>What are you, some kind of Kool Aid drinker? Oil prices are
>>>>determined by supply and demand, not politics.
>>>>
>>>>Gasoline will never see $2.50 again, and will probably hit $4 within
>>>>a year.
>>>
>>>
>>>While I think seeing anything in the $2 range is unlikely, I think
>>>you are a bit foolish if you think politics has nothing to do with
>>>oil prices.
>>
>>Global politics does, but it doesn't make a damn bit of difference
>>what party is in power here in the states.
>
>
> You don't find it a bit coincidental that Exxon-Mobil and other oil
> compaies make record profits when Republicans are in office
> domestically? The same republicans who are heavily invested in the oil
> companies? I guess it could just be coincidence...

The oil companies are making record profits because high demand and an
unstable middle-east (nothing new there) have combined to drive the
price of crude through the roof. One could reasonably argue that our
foreign policy is partly to blame, but please spare me the silly
conspiracy theories.

 

On Mon, 07 Aug 2006 23:46:39 GMT, "Eric G."
<NgOrSePeAnM99@Zoptonline.Znet> wrote:

>Brian Nystrom <brian.nystrom@verizon.net> wrote in
>news:eMOBg.402$QK.337@trndny06:
>
>> Eric G. wrote:
>>> Bob Adkins <bobad@charter.net> wrote in
>>> news:d2bed25vqj43v60tt3mrpo80srfldmre5v@4ax.com:
>>>
>>>
>>>>On Sat, 5 Aug 2006 22:35:51 -0700, "Paradox" <parallaxaz@***.net>
>>>>wrote:
>>>>
>>>>
>>>>
>>>>>>Hmmm. It should be out right around the time that gas prices hit
>>>>>>$4.00/gallon. Yeah, that's just what we need!
>>>>>
>>>>>Nah, the republicans are just about out of office again. I'll bet
>>>>>that in 3-4 years, gas prices will be around $2/gal
>>>>
>>>>
>>>>What are you, some kind of Kool Aid drinker? Oil prices are
>>>>determined by supply and demand, not politics.
>>>>
>>>>Gasoline will never see $2.50 again, and will probably hit $4 within
>>>>a year.
>>>
>>>
>>> While I think seeing anything in the $2 range is unlikely, I think
>>> you are a bit foolish if you think politics has nothing to do with
>>> oil prices.
>>
>> Global politics does, but it doesn't make a damn bit of difference
>> what party is in power here in the states.
>
>You don't find it a bit coincidental that Exxon-Mobil and other oil
>compaies make record profits when Republicans are in office
>domestically? The same republicans who are heavily invested in the oil
>companies? I guess it could just be coincidence...
>
>Eric

No, it's a business model based on a fixed percentage return. The
higher the cost of the product the higher the value of the fixed
percentage. Not rocket science or politics but "normal" pricing
structure for most of what we buy. The only politics is the folks
whining about gross profits as a politcal whine. They conveniently
ignore why the numbers are what they are and focus on the numbers
alone.

 

On Mon, 07 Aug 2006 23:46:39 GMT, "Eric G."
<NgOrSePeAnM99@Zoptonline.Znet> wrote:

>Brian Nystrom <brian.nystrom@verizon.net> wrote in
>news:eMOBg.402$QK.337@trndny06:
>
>> Eric G. wrote:
>>> Bob Adkins <bobad@charter.net> wrote in
>>> news:d2bed25vqj43v60tt3mrpo80srfldmre5v@4ax.com:
>>>
>>>
>>>>On Sat, 5 Aug 2006 22:35:51 -0700, "Paradox" <parallaxaz@***.net>
>>>>wrote:
>>>>
>>>>
>>>>
>>>>>>Hmmm. It should be out right around the time that gas prices hit
>>>>>>$4.00/gallon. Yeah, that's just what we need!
>>>>>
>>>>>Nah, the republicans are just about out of office again. I'll bet
>>>>>that in 3-4 years, gas prices will be around $2/gal
>>>>
>>>>
>>>>What are you, some kind of Kool Aid drinker? Oil prices are
>>>>determined by supply and demand, not politics.
>>>>
>>>>Gasoline will never see $2.50 again, and will probably hit $4 within
>>>>a year.
>>>
>>>
>>> While I think seeing anything in the $2 range is unlikely, I think
>>> you are a bit foolish if you think politics has nothing to do with
>>> oil prices.
>>
>> Global politics does, but it doesn't make a damn bit of difference
>> what party is in power here in the states.
>
>You don't find it a bit coincidental that Exxon-Mobil and other oil
>compaies make record profits when Republicans are in office
>domestically? The same republicans who are heavily invested in the oil
>companies? I guess it could just be coincidence...
>
>Eric

No, it's a business model based on a fixed percentage return. The
higher the cost of the product the higher the value of the fixed
percentage. Not rocket science or politics but "normal" pricing
structure for most of what we buy. The only politics is the folks
whining about gross profits as a politcal whine. They conveniently
ignore why the numbers are what they are and focus on the numbers
alone.

 

nothermark <nothermark@not.here> wrote in
news:4igid2d9foh439ck2qgc2cvp9vld9fgfos@4ax.com:

> No, it's a business model based on a fixed percentage return. The
> higher the cost of the product the higher the value of the fixed
> percentage. Not rocket science or politics but "normal" pricing
> structure for most of what we buy. The only politics is the folks
> whining about gross profits as a politcal whine. They conveniently
> ignore why the numbers are what they are and focus on the numbers
> alone.

Ah, now you hit the nail on the head. Fixed percentages. So at $1/gal.
they make $0.20 and at $4/gal. they make $0.80. Seems fair. Especially
when you consider the government regualtion on other "commodities" like
MILK, CORN, SOY, where the profit is a fixed $$ amount per unit, not a
percentage. Why is that?

Eric

 

nothermark <nothermark@not.here> wrote in
news:4igid2d9foh439ck2qgc2cvp9vld9fgfos@4ax.com:

> No, it's a business model based on a fixed percentage return. The
> higher the cost of the product the higher the value of the fixed
> percentage. Not rocket science or politics but "normal" pricing
> structure for most of what we buy. The only politics is the folks
> whining about gross profits as a politcal whine. They conveniently
> ignore why the numbers are what they are and focus on the numbers
> alone.

Ah, now you hit the nail on the head. Fixed percentages. So at $1/gal.
they make $0.20 and at $4/gal. they make $0.80. Seems fair. Especially
when you consider the government regualtion on other "commodities" like
MILK, CORN, SOY, where the profit is a fixed $$ amount per unit, not a
percentage. Why is that?

Eric

 

Brian Nystrom <brian.nystrom@verizon.net> wrote in news:mg9Cg.6806$Jg1.1355
@trndny05:

> The oil companies are making record profits because high demand and an
> unstable middle-east (nothing new there) have combined to drive the
> price of crude through the roof. One could reasonably argue that our
> foreign policy is partly to blame, but please spare me the silly
> conspiracy theories.

What does the price of crude oil have to do with the profit that the oil
companies are making? You're comparing apples and oranges now.

Eric

 

Brian Nystrom <brian.nystrom@verizon.net> wrote in news:mg9Cg.6806$Jg1.1355
@trndny05:

> The oil companies are making record profits because high demand and an
> unstable middle-east (nothing new there) have combined to drive the
> price of crude through the roof. One could reasonably argue that our
> foreign policy is partly to blame, but please spare me the silly
> conspiracy theories.

What does the price of crude oil have to do with the profit that the oil
companies are making? You're comparing apples and oranges now.

Eric

 

Eric G. wrote:
> nothermark <nothermark@not.here> wrote in
> news:4igid2d9foh439ck2qgc2cvp9vld9fgfos@4ax.com:
>
>
>>No, it's a business model based on a fixed percentage return. The
>>higher the cost of the product the higher the value of the fixed
>>percentage. Not rocket science or politics but "normal" pricing
>>structure for most of what we buy. The only politics is the folks
>>whining about gross profits as a politcal whine. They conveniently
>>ignore why the numbers are what they are and focus on the numbers
>>alone.
>
>
> Ah, now you hit the nail on the head. Fixed percentages. So at $1/gal.
> they make $0.20 and at $4/gal. they make $0.80. Seems fair. Especially
> when you consider the government regualtion on other "commodities" like
> MILK, CORN, SOY, where the profit is a fixed $$ amount per unit, not a
> percentage. Why is that?

Because the government isn't too bright collectively. I'm not saying
that smart people don't work for the government, but the collective
wisdom seems to be lacking.

Matt

 

Eric G. wrote:
> nothermark <nothermark@not.here> wrote in
> news:4igid2d9foh439ck2qgc2cvp9vld9fgfos@4ax.com:
>
>
>>No, it's a business model based on a fixed percentage return. The
>>higher the cost of the product the higher the value of the fixed
>>percentage. Not rocket science or politics but "normal" pricing
>>structure for most of what we buy. The only politics is the folks
>>whining about gross profits as a politcal whine. They conveniently
>>ignore why the numbers are what they are and focus on the numbers
>>alone.
>
>
> Ah, now you hit the nail on the head. Fixed percentages. So at $1/gal.
> they make $0.20 and at $4/gal. they make $0.80. Seems fair. Especially
> when you consider the government regualtion on other "commodities" like
> MILK, CORN, SOY, where the profit is a fixed $$ amount per unit, not a
> percentage. Why is that?

Because the government isn't too bright collectively. I'm not saying
that smart people don't work for the government, but the collective
wisdom seems to be lacking.

Matt

 

Eric G. wrote:
> Brian Nystrom <brian.nystrom@verizon.net> wrote in news:mg9Cg.6806$Jg1.1355
> @trndny05:
>
>
>>The oil companies are making record profits because high demand and an
>>unstable middle-east (nothing new there) have combined to drive the
>>price of crude through the roof. One could reasonably argue that our
>>foreign policy is partly to blame, but please spare me the silly
>>conspiracy theories.
>
>
> What does the price of crude oil have to do with the profit that the oil
> companies are making? You're comparing apples and oranges now.

Are you kidding me? The oil companies pump it out of the ground and sell
it on the futures market. There is actually very little profit in
selling the refined products. How do YOU think they make their money?

 

Eric G. wrote:
> Brian Nystrom <brian.nystrom@verizon.net> wrote in news:mg9Cg.6806$Jg1.1355
> @trndny05:
>
>
>>The oil companies are making record profits because high demand and an
>>unstable middle-east (nothing new there) have combined to drive the
>>price of crude through the roof. One could reasonably argue that our
>>foreign policy is partly to blame, but please spare me the silly
>>conspiracy theories.
>
>
> What does the price of crude oil have to do with the profit that the oil
> companies are making? You're comparing apples and oranges now.

Are you kidding me? The oil companies pump it out of the ground and sell
it on the futures market. There is actually very little profit in
selling the refined products. How do YOU think they make their money?

 

Eric G. wrote:
> nothermark <nothermark@not.here> wrote in
> news:4igid2d9foh439ck2qgc2cvp9vld9fgfos@4ax.com:
>
>
>>No, it's a business model based on a fixed percentage return. The
>>higher the cost of the product the higher the value of the fixed
>>percentage. Not rocket science or politics but "normal" pricing
>>structure for most of what we buy. The only politics is the folks
>>whining about gross profits as a politcal whine. They conveniently
>>ignore why the numbers are what they are and focus on the numbers
>>alone.
>
>
> Ah, now you hit the nail on the head. Fixed percentages. So at $1/gal.
> they make $0.20 and at $4/gal. they make $0.80. Seems fair.

That's the gist of it, but the actual margins are considerably lower
than that, more along the lines of 10%.

 

Eric G. wrote:
> nothermark <nothermark@not.here> wrote in
> news:4igid2d9foh439ck2qgc2cvp9vld9fgfos@4ax.com:
>
>
>>No, it's a business model based on a fixed percentage return. The
>>higher the cost of the product the higher the value of the fixed
>>percentage. Not rocket science or politics but "normal" pricing
>>structure for most of what we buy. The only politics is the folks
>>whining about gross profits as a politcal whine. They conveniently
>>ignore why the numbers are what they are and focus on the numbers
>>alone.
>
>
> Ah, now you hit the nail on the head. Fixed percentages. So at $1/gal.
> they make $0.20 and at $4/gal. they make $0.80. Seems fair.

That's the gist of it, but the actual margins are considerably lower
than that, more along the lines of 10%.