oil companies profitting... - Toyota Yaris Forums

hhcchen · 07-27-2006, 03:56 PM

ExxonMobil (XOM, news, msgs) earned more than $10 billion in the second quarter as high oil prices continue to swell the bottom lines of big oil companies.

http://articles.moneycentral.msn.com....aspx?GT1=8380

great... now everyone loses portions of their incomes for high gas prices...
the high gas prices might cause inflations and those oil companies still have the most earnings...

Ran Kizama · 07-27-2006, 04:23 PM

Gotta love those greedy b*stards making massive money due to a speculative market.

"What? China is growing? Charge more!"
"What? War in the Middle East? Charge more!"
"What? American's will still pay $4 for premium? Charge more!"

We seriously need a government regulation on such a necessary resource as oil/gasoline. They say it's a time of oil crisis yet they post record profits last year. Yeah, big crisis.

bulldogs2k · 07-27-2006, 04:44 PM

If we can only get americans to spend less fuel.....Laws of supply and demand... if people only knew.

Ran Kizama · 07-27-2006, 04:59 PM

Quote:

Originally Posted by bulldogs2k

If we can only get americans to spend less fuel.....Laws of supply and demand... if people only knew.

Are you trying to tell me to get rid of my ginormous Hummer that gets 2 MPG? Screw that, I need my penis compensation.

Reminds me of the Lowest Ego Emissions commercials for VW. Guy sitting in the Viper with a megaphone yelling, "To make up for my shortcomings!" over and over again.

Idjiit · 07-27-2006, 05:22 PM

And that's how capitalism works, folks.

bulldogs2k · 07-27-2006, 08:10 PM

lol got to love the, " i need my SUV to keep my kids safe." rubbish....

boxerboy · 07-28-2006, 05:17 PM

Record prices and record consumption not surprised.

TRD_Yaris · 07-29-2006, 02:12 AM

Quote:

Originally Posted by bulldogs2k

If we can only get americans to spend less fuel.....Laws of supply and demand... if people only knew.

too bad people are morons. Hell, most people in the USA don't even realize how much their suburban tanks are costing them. Most people here are up to their EYEBALLS in debt and couldn't even tell you how much they owe in debt much less what their day-to-day costs are. They don't care if they're spending $80 twice a week to fill up, they do it on credit card (in which they are ONLY making minimum payments every month

)

ChinoCharles · 07-29-2006, 02:33 AM

The funniest thing about it is one of the reasons cited over and over again as to why gas prices are outrageous is damage to refineries from Katrina and the likes.

Call me crazy, but couldn't you guys take about .01% of the money you made in the LAST THREE MONTHS and have all those issues fixed really quick?

The hypocrisy is stifling.

Exxon earned $114 million a DAY during last quarter.
$1300 a second.

If my calculations are correct, in one second Exxon could send a Yaris on a 20,000 mile+ journey! Wow, those guys are great. Lets teach our kids to love Exxon. Click here if junior's nightstand is a little bare.

slvryaris · 07-29-2006, 03:11 AM

Quote:

Originally Posted by hhcchen

ExxonMobil (XOM, news, msgs) earned more than $10 billion in the second quarter as high oil prices continue to swell the bottom lines of big oil companies.

http://articles.moneycentral.msn.com....aspx?GT1=8380

great... now everyone loses portions of their incomes for high gas prices...
the high gas prices might cause inflations and those oil companies still have the most earnings...

Its also a suprise that George Bush and Dick Cheaney own a shit load of stock in oil companies. GO FIGURE....I live near a man that owns the Swifty Gas company and I talked to him and let me tell ya he will never be poor. The old tard has about 10 million dollars worth of horses and is trying to buy people out of their houses to knock them down and build more stables and shit.

bulldogs2k · 07-29-2006, 05:20 AM

i should start buying stock in oil companies lol.....i wish i could.....

boxerboy · 07-29-2006, 06:32 AM

You can buy Exxonmobil stock. I don't know if now is the time,

but gas prices will go higher. You don't have to love the oil companys, but it would be nice to know how much money a day it takes for them to do business . Some how the media want us to think there is something wrong with record profits. I bet the beloved federal gov makes at least 3 times that much on taxes from the same oil.

Our children are taught to love the federal gov

and they will take care of you.

hhcchen · 08-01-2006, 01:33 PM

http://articles.moneycentral.msn.com...bak.aspx?msn=1
Stop whining; ExxonMobil is doing its job
Huge profits aside, this company is tending to the future -- and taking care of its stockholders.

Sorry, but ExxonMobil (XOM, news, msgs) critics are just plain wrong. They've picked the wrong target for their rage. ExxonMobil is actually doing a good job at what an oil company is supposed to do: find oil and gas and sell it to make money for its shareholders.

Want to get mad at somebody? How about oil-company executives like Lee Raymond, who resigned as chairman and CEO of ExxonMobil last December after pocketing $4 million in salary, $4.9 million in bonus and $32 million in stock -- just for 2005? Or the boneheads in Washington who, flush with oil and auto company campaign dollars, have kept automobile mileage standards stuck at the same level since 1985? When any politician pretends outrage at the pain the "average consumer" feels at the pump, blow 'em the raspberry they deserve.

Want a short-term fix? Drive less. Drive slower. Car pool. Take a bus. Buy a more energy-efficient car. Put a solar hot water heater on your roof. Lobby Congress to stand up to Detroit and require higher miles per gallon in the cars it builds.

http://articles.moneycentral.msn.com...bak.aspx?msn=1
yeah... i guess i'll stop whining...

ChinoCharles · 08-01-2006, 02:29 PM

I don't think anyone was aiming at Johnny Refineryworker... We know the corruption lies at the top, and that goes for government, enterprise or otherwise. Exxon is doing a wonderful job at what oil companies aren't supposed to do but do anyway... find oil, refine it, make a lot of money, and spread 90% of it among the few hundred people at the top of the company. Who the f&#% needs 50 million dollars? Hell, who needs 10? Or 5? Honestly. I'm going to go watch my Woodstock DVD... haha.

boxerboy · 08-01-2006, 05:17 PM

Its not a question of who needs how much money. If you limit the amount of money someone can earn you won't get much. The oil companys work off a 7-9% profit margin. Why does no one every say why is that guy playing a game (baseball, football, basketball and ect.) making millions? I will tell you, its not what you are worth it how much money you can make your owners ( team owner or shareholders). If you can make someone or a large number of people billions, then why shouldn't that person be paid millions? Thats business. On a side note why do I get the feeling that a lot of people on the road seem to (not the people on this forum after all you bought or want a yaris) think it manly or some how cool to keep forking out big bucks for gas? You know kind of like its no problem for me I can handle it I'm a big man. Oh, by the way I don't need 5 millions, but I could do something with it. F*&$#+@ ME

bulldogs2k · 08-01-2006, 05:34 PM

people are trading there big rigs in for smaller cars/trucks. Who knows, maybe the demand for gas will shrink and the prices will decline.....but thats a long shot.

Chaad32 · 08-01-2006, 06:11 PM

It could happen in the long run when hybrids start to rely less and less on fuel.

Buckethead · 08-01-2006, 06:54 PM

Get some stocks in oil, or oil groups, and make a profit yourself.
I'm all for that.
Also with having a Yaris, I don't have to worry about getting shafted with high gas prices.

07-27-2006, 03:56 PM	#1
hhcchen stop staring my star perv Drives: 97 tercel Join Date: Jan 2006 Location: seattle Posts: 335	oil companies profitting... ExxonMobil (XOM, news, msgs) earned more than $10 billion in the second quarter as high oil prices continue to swell the bottom lines of big oil companies. http://articles.moneycentral.msn.com....aspx?GT1=8380 great... now everyone loses portions of their incomes for high gas prices... the high gas prices might cause inflations and those oil companies still have the most earnings...

07-27-2006, 04:23 PM	#2
Ran Kizama That Anime Guy View User's Garage Drives: 5-Speed Liftback Join Date: Jul 2006 Location: Canton, GA Posts: 543	Gotta love those greedy b*stards making massive money due to a speculative market. "What? China is growing? Charge more!" "What? War in the Middle East? Charge more!" "What? American's will still pay $4 for premium? Charge more!" We seriously need a government regulation on such a necessary resource as oil/gasoline. They say it's a time of oil crisis yet they post record profits last year. Yeah, big crisis. __________________

07-28-2006, 05:17 PM	#7
boxerboy Drives: WRX ,Tacoma and Yaris Join Date: Apr 2006 Location: North Carolina Posts: 206	Record prices and record consumption not surprised. __________________ "PERCEPTION IS SELECTION"

07-29-2006, 06:32 AM	#12
boxerboy Drives: WRX ,Tacoma and Yaris Join Date: Apr 2006 Location: North Carolina Posts: 206	You can buy Exxonmobil stock. I don't know if now is the time, but gas prices will go higher. You don't have to love the oil companys, but it would be nice to know how much money a day it takes for them to do business . Some how the media want us to think there is something wrong with record profits. I bet the beloved federal gov makes at least 3 times that much on taxes from the same oil. Our children are taught to love the federal gov and they will take care of you. __________________ "PERCEPTION IS SELECTION"

08-01-2006, 05:17 PM	#15
boxerboy Drives: WRX ,Tacoma and Yaris Join Date: Apr 2006 Location: North Carolina Posts: 206	Its not a question of who needs how much money. If you limit the amount of money someone can earn you won't get much. The oil companys work off a 7-9% profit margin. Why does no one every say why is that guy playing a game (baseball, football, basketball and ect.) making millions? I will tell you, its not what you are worth it how much money you can make your owners ( team owner or shareholders). If you can make someone or a large number of people billions, then why shouldn't that person be paid millions? Thats business. On a side note why do I get the feeling that a lot of people on the road seem to (not the people on this forum after all you bought or want a yaris) think it manly or some how cool to keep forking out big bucks for gas? You know kind of like its no problem for me I can handle it I'm a big man. Oh, by the way I don't need 5 millions, but I could do something with it. F*&$#+@ ME __________________ "PERCEPTION IS SELECTION"

07-27-2006, 04:44 PM	#3
bulldogs2k Drives: '00 s2000, 2007 yaris hatch Join Date: Jul 2006 Location: Va Beach Posts: 124	If we can only get americans to spend less fuel.....Laws of supply and demand... if people only knew.

07-27-2006, 05:22 PM	#5
Idjiit 5 Stars, Bitches Drives: Prius, Silver Yaris Liftback Join Date: Mar 2006 Location: Holly Springs, NC Posts: 451	And that's how capitalism works, folks.

07-27-2006, 08:10 PM	#6
bulldogs2k Drives: '00 s2000, 2007 yaris hatch Join Date: Jul 2006 Location: Va Beach Posts: 124	lol got to love the, " i need my SUV to keep my kids safe." rubbish....

07-29-2006, 02:33 AM	#9
ChinoCharles Banned Drives: LB Join Date: Jul 2006 Location: OH Posts: 7,787	The funniest thing about it is one of the reasons cited over and over again as to why gas prices are outrageous is damage to refineries from Katrina and the likes. Call me crazy, but couldn't you guys take about .01% of the money you made in the LAST THREE MONTHS and have all those issues fixed really quick? The hypocrisy is stifling. Exxon earned $114 million a DAY during last quarter. $1300 a second. If my calculations are correct, in one second Exxon could send a Yaris on a 20,000 mile+ journey! Wow, those guys are great. Lets teach our kids to love Exxon. Click here if junior's nightstand is a little bare.

07-29-2006, 05:20 AM	#11
bulldogs2k Drives: '00 s2000, 2007 yaris hatch Join Date: Jul 2006 Location: Va Beach Posts: 124	i should start buying stock in oil companies lol.....i wish i could.....

08-01-2006, 01:33 PM	#13
hhcchen stop staring my star perv Drives: 97 tercel Join Date: Jan 2006 Location: seattle Posts: 335	http://articles.moneycentral.msn.com...bak.aspx?msn=1 Stop whining; ExxonMobil is doing its job Huge profits aside, this company is tending to the future -- and taking care of its stockholders. Sorry, but ExxonMobil (XOM, news, msgs) critics are just plain wrong. They've picked the wrong target for their rage. ExxonMobil is actually doing a good job at what an oil company is supposed to do: find oil and gas and sell it to make money for its shareholders. Want to get mad at somebody? How about oil-company executives like Lee Raymond, who resigned as chairman and CEO of ExxonMobil last December after pocketing $4 million in salary, $4.9 million in bonus and $32 million in stock -- just for 2005? Or the boneheads in Washington who, flush with oil and auto company campaign dollars, have kept automobile mileage standards stuck at the same level since 1985? When any politician pretends outrage at the pain the "average consumer" feels at the pump, blow 'em the raspberry they deserve. Want a short-term fix? Drive less. Drive slower. Car pool. Take a bus. Buy a more energy-efficient car. Put a solar hot water heater on your roof. Lobby Congress to stand up to Detroit and require higher miles per gallon in the cars it builds. http://articles.moneycentral.msn.com...bak.aspx?msn=1 yeah... i guess i'll stop whining...

08-01-2006, 02:29 PM	#14
ChinoCharles Banned Drives: LB Join Date: Jul 2006 Location: OH Posts: 7,787	I don't think anyone was aiming at Johnny Refineryworker... We know the corruption lies at the top, and that goes for government, enterprise or otherwise. Exxon is doing a wonderful job at what oil companies aren't supposed to do but do anyway... find oil, refine it, make a lot of money, and spread 90% of it among the few hundred people at the top of the company. Who the f&#% needs 50 million dollars? Hell, who needs 10? Or 5? Honestly. I'm going to go watch my Woodstock DVD... haha.

08-01-2006, 05:34 PM	#16
bulldogs2k Drives: '00 s2000, 2007 yaris hatch Join Date: Jul 2006 Location: Va Beach Posts: 124	people are trading there big rigs in for smaller cars/trucks. Who knows, maybe the demand for gas will shrink and the prices will decline.....but thats a long shot.

08-01-2006, 06:11 PM	#17
Chaad32 Drives: 2007 Liftback Join Date: Jul 2006 Location: USA Posts: 334	It could happen in the long run when hybrids start to rely less and less on fuel. __________________ 2007 Liftback Blazing Blue Cold Weather, Convenience Package, Arm Rest, Floor mats, Weathertech vent visors

08-01-2006, 06:54 PM	#18
Buckethead Drives: 2007 Toyota Yaris Sedan Join Date: Jul 2006 Location: California Posts: 165	Get some stocks in oil, or oil groups, and make a profit yourself. I'm all for that. Also with having a Yaris, I don't have to worry about getting shafted with high gas prices.

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