Exxon/Mobil $9.9 billion profit for the quarter!!!

[Spike]

Gas in my area as of this morning is down to $2.17 per gallon.

[ckhagman]

The rack to retail margins on gasoline has been anywhere between $.06 to $.30 a gallon. It only got to $.30 cents quickly and went right back down.

Retail profit is not that high but it should be at least $.15 if not higher.

The EPA and CARB are requiring gas stations to perform upgrades constantly which costs money. A viscious cycle yes but they need to make money to spend money.

[H3OwnerDiz]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Alec W:
BTW I did not read a single thing about modding while we were all in Moab! </div></BLOCKQUOTE> Yep, no sign of modding while you were all away...

[ckhagman]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
If someone wrote it, you must believe it.

Over the past few years, during normal times, how many times have you heard about a shortage of fuel? You haven't. We produce enough fuel so the crap about increase demand being the culprit here is BS.

</div></BLOCKQUOTE>

Oil is a global issue not a US issue. Prices for a lot of goods and services have gone up but oil is supposed to stay down? Our demand has gone up and our production has not.

[TootsSUT]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Bondage:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
From a gentlemanly standpoint visual confirmation is fine. No need to report tactile confirmation. </div></BLOCKQUOTE>


I will not, repeat, will not, report tactile confirmation if and when it does or has happened.

But take a look at her pics. OMG

Sean
ps - Jen, I love you. </div></BLOCKQUOTE>

Once again, talking about me like I'm not here!!!

No tactile confirmation happening here. You can bet your ass on it!

You can tell I'm in a really good mood right now, can't ya Bond? I think my girlfriend might have a picture of you in the pictures she took, atleast I hope so. I'm having her get right on it!! Didn't think you'd get away that easily, did ya???

[PARAGON]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by sfox:
couldn't really care less who it is, it'd just be nice if we knew who was editing this stuff...

S </div></BLOCKQUOTE>

BUT

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Alec W:
lied to my face </div></BLOCKQUOTE>

IS A PROBLEM

[TootsSUT]

You reveal yourself with that last comment. You'd love it if it was you, but hate it when it is "them"? Interesting. As for the govt. rescuing them after a disaster....please provide some details? I know the oil companies are spending hugely to repair and get back on line their facilities. Are the Feds helping them in some way that I am not aware of?

Sean[/quote]
_______________________________________________

x2 again!! (pad)

Look! Look! I'm a Pwofesional Hummer Owner!!

[PARAGON]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by ckhagman:
I do not complain about the petroleum industry. </div></BLOCKQUOTE>You won't bite the hand that feeds you?

[FreeorDie2]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by H2Finally:
The ability of a company to make a profit is NOT the point.

The point is about how we are all FORCED to pay MUCH HIGHER gas prices because of xyz reasons -- then to find out that those xyz reasons = bullsheit -- because this ONE company alone is earning $9.9 BILLION IN 1 QTR.

When Microsoft was deemed "too monopolistic" it got censured by the government. That was for a computer o/s software with lots of alternative CHOICES for the consumers (you can buy a Macintosh instead).

When Exxon earns $9.9B and the second company earns $9+B PROFIT/QUARTER ("cartel"??!) -- WHERE THE CONSUMERS HAVE NO CHOICE BUT TO BUY GAS TO LIVE (don't get semantic and bring up peanut-oil-powered cars ) -- where is the government intervention?

Here's a closer analogy:

If the bird flu virus becomes a rampage in the US, and Roche said "Hey! DEMAND IS UP!!" and charged $10,000 per tablet of Tamiflu and make $9.9B for that quarter -- do you think there will be a public outcry?

Summary:
I don't have a problem if I can CHOOSE to pay the price and make that company rich. But when I'm FORCED to pay the price,

Why so surprised with THIS pubic outcry? </div></BLOCKQUOTE>

Stuff and nonsense. You're saying this in a Hummer forum, for Christ sake. You have all kinds of choices, as do I, as do most Americans. And Exxon doesn't have a 95% market share like Microsoft (which, by the way, I fully support even if they are a monopoly. They were smart enough and tough enough to market a product that everyone now uses. They deserve to reap the benefits).

You want to blame someone? Blame the government. We still aren't drilling in parts of Alaska or in parts of the Gulf. We haven't built a new refinery in 25 years and government regulations make it a long and expensive process to complete. And if Exxon made a $10 billion profit, I wonder how much a profit was made by federal, state, and local governments that also take a cut of what you and I pay.

And if you really believe you are FORCED to pay, you are seriously deluding yourself. You are paying it because you want to. . .just like I am. I could drive my Stealth and get 2.5 time the gas milage I get in my SUT. Or I could buy a hybrid or I could ride a bike. So could you. . .

Forced. . .what a joke! One would think you were living in the USSR. . .

[Bondage]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by sfox:
You are still missing the point guys, the individual franchise owner of a service station isn't seeing jack from that 9.9 billion, that is from the parent company (if anything the rise in fuel prices are hurting the sation owners badly because people CAN'T spend as much on odds and ends once inside). The other thing you are missing is that Exxon and others are reporting RECORD profits EVERY quarter....I don't know about you, but I'd love to own a business that I could make record profits every quarter, annnnd have the goverment come and "rescue me" when disaster hits one of my facilitites.

S </div></BLOCKQUOTE>


You reveal yourself with that last comment. You'd love it if it was you, but hate it when it is "them"? Interesting. As for the govt. rescuing them after a disaster....please provide some details? I know the oil companies are spending hugely to repair and get back on line their facilities. Are the Feds helping them in some way that I am not aware of?

Sean

[TootsSUT]

Good mornin, Bond!

[ckhagman]

sfox I find it amazing that you are the only one that REALLY understands that gas is gas. In most places it really does come all the same refinieries.

However some stations due pay less than others. Walmart probably does pay less per gallon than a guy across the street that only has one station.

The biggest problem that Exxon/Mobil has is not that they made that much money but rather that they told people they made that much money. It is ok to report it but don't cry about high costs and report high profit. Buy someone or spend the money or ****.

[PARAGON]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Bondage:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by slgcmng:
I find it funny that people on this forum who share the same love for vehicles call eachother F'in idiots or say they work at a fast food resteraunt because they have a different opinion. I really don't think that anyone on this forum who has put themselves in a position financially to afford a Hummer is an F'in idiot. I also have never seen a fry cook drive an Hummer either. My opinion is that I feel it is wrong for them to be making that much of a profit when there is really no other alternative to fuel. I feel that there should be government restictions due to the fact there are no alternatives. If it were another company like Walmart making that much, then so be it. There are tons of other places to buy food and other household items.

So all of the hate posts I see, I laugh, and wonder how someone could be so ignorant. I wonder would the response be that hateful if it were face to face rather then face to screen. I am guessing no, which makes it even funnier. </div></BLOCKQUOTE>I find it more funny that you assume that because somebody shares the same likes in vehicle choice that automatically bars them from being called a f'ing idiot. For all I know you or any other posters in this thread except for a few that I do know for sure, don't own an H2, so that's a moot point to begin with.

You saw f'ing idiot comments because certain people were more concerned with winning an argument and saying things like "you own a Hummer, why are you worried about gas prices" or "you are discussing gas prices in a Hummer forum" and they themselves called others "idiot." Turnabout is fair play.

Arguing without any facts or knowledge is as deserving of the "f'ing idiot" monicker as anything else I can think of. Besides, you have not been around here long enough to develop an opinion on how one conducts themselves in this forum. Until you understand the mores of the forum sit back and try to "catch" some of what's going on. IE - turnabout is fair play. </div></BLOCKQUOTE>



Well written, you ****ing idiot.

Sean </div></BLOCKQUOTE>Speaking of f'ing idiot. Did we get confirmation? Does dude look like a lady?

[FreeorDie2]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by FreeorDie2:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by slgcmng:


thanks for making me laugh again. keep them coming.

I wsan't aware of the time restriction for opinions on members. Should I wait another couple of years to put an opinion out there? </div></BLOCKQUOTE>

No restriction on opinion, just trying to help you out on some of the whys and hows. You can have your opinion, it's just that it won't have any validity. </div></BLOCKQUOTE>

Let me get this staight. . .according to you, the validity of a person's opinions is predicated not on the correctness or verifiability of the facts involved, but on the length of time they've been posting in the Hummer Forum??????

Fascinating. . . </div></BLOCKQUOTE>Oh, I can quote correct and verifiable facts but it doesn't mean that they offer any validity to and discussion being had. Plenty of stupid MFs like you have shown up here pretending to know more than their 11 year old brother but until you have proven yourself, just as in life, anything you say doesn't mean squat.

I have over 6,000 posts. Go though my 6,000 posts and find where I have given out false information or mispoke about something except when in jest or the occasional mistake. I, personally, don't make it a habit of discussing in a public forum something that is well beyond my comprehension, as you seem to relish in doing. You seem to obviously do it often and never "give up" on looking so damn stupid either. Pig-headedness like that won't get you very far in this forum.

You can discuss your points but when you start with semantics and the other BS and are obviously trying to talk about something you know very little about, you are going to get the treatment here. Just the nature of this forum. You should get used to it if you plan on hanging around. </div></BLOCKQUOTE>

Let me square you away real quick so there's no confusion. I'll hang around as long as I want to. I'll post what I want to. The fact that you and you're little sycophantic buddy have been posting for nearly 4 years and have 6K posts plus makes no difference to me at all. That and $.75 will get you a cup of coffee. From what I've seen, you post some good stuff and, at least in this thread, you post some nonsense. The other thing I've noticed is that you and some others like to try to bully newcomers and others with whom you have the slightest disagreement.

Well, others may take it and move on as Bondage suggested, and that's fine, but you give me sh*t and you'll get it right back.

Let me tell you, snot nose, you want to discuss topics? Fine. You want to try to bully or intimidate me based on the fact that you apparently have nothing else to do but post in this forum, and you'll get back exactly what you give and more.

Just the nature of FreeorDie2. You should get used to it since I will be hanging around.

[FreeorDie2]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
First it doesn't address the price at the pump at all and secondly, I think you must be above your pay grade here. "wins the argument." Is that what you are trying to do? </div></BLOCKQUOTE>

What are you trying to say with this "wins the argument" stuff? You are presenting a point of view that doesn't comport with fact or reality. There's no argument here -- I'm simply trying to help you see a different point of view. Or is that your way of simply trying to silence people with whom you disagree? Rather than do that, why don't you pay attention and learn something.

And when you say that everything previously written doesn't address the price at the pump, you are not making any sense. Do you know what goes into the price at the pump? Everything involved in recovering, refining and distributing gasoline down to and including the salaries of those work at the gas station. And I'm not sure if it was you or someone else who mentioned it, but gas stations do indeed have to price gas based on the next tanker load, not the one just delivered. If a tanker load costs $10K and is priced at the pump so that all overhead is paid with $10K left over to buy the next load and it costs $11K, the station owner is going to be in the hole.

The price here in New Hampshire is down to around $2.30 per gallon from over $3.00. . .and that's roughly where it was before the storm disrupted everything. That proves that market pricing works. And the oil companies will undoubtedly try to use the profit to increase supply. But it doesn't happen in one calendar quarter. And it doesn't happen when government regulations and leaf-licker lawsuits prevent oil companies from drilling new wells, building new refineries, and improving the distribution process.

[Hummertech]

Well this thread has it all. Money, politics, Hummers, football, sarcasm. I think the only thing missing is women.

[dochummer]

We're still at $2.75 here in the northwest... What's also said is the diesel prices haven't budged from $3.16.

[ckhagman]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by H2Finally:

Remember, $9.9Billion is profit of JUST 1 GAWD-DAMN COMPANY (record for any company in any industry in the US). Isn't the close second place running another $9+billion profit?! </div></BLOCKQUOTE>

I would like to know what Exxon/Mobils ROI was on this 9.9 billion. i.e. if last years was 2% and this years was 2% then who really cares. But if this hear was significantly higher like 6% or more than it is a problem.

[HummerNewbie]

I don't agree with everything said but I do agree that it is pathetic to cry about how bad they have it after a storm, then have quarterly profits such as these

[h2co-pilot]

Oh no, You have bawls too, we just don't like to tawk about it.