Oil giants profit despite rising prices

Bio-Diesel is the way to go.

I wish someone would make bio-diesel available to the nation.

Screw Exxon.

Do you know the difference between profits and profit margins?

Do you understand that there is nothing wrong with free markets and corporations making a buck?

You don't like it? Invest in bio-fuels and put them out of business.

Otherwise, quit whining.

Oil sucks, but we need it. Our government has for too long stiffled new technology.

If they would allow GM to make that car that gets 100MPG, these profits would shrink. Until then, I have a strong position in the petrochemical market.

Viva la Bush!!!!

Wogten wrote:

Do you know the difference between profits and profit margins?

Do you understand that there is nothing wrong with free markets and corporations making a buck?

You don't like it? Invest in bio-fuels and put them out of business.

Otherwise, quit whining.

I do understand that there is a difference between profit and profit margin, that's why I pointed out that both increased for Exxon in 2006.

I do understand that there is nothing wrong, legally, with free markets and corporations making a buck. That's why I didn't say that Exxon should be punished. I just pointed out that, while Exxon has done well for itself, it hasn't helped the American consumer. Now, Exxon doesn't have to feel compelled to help the American consumer, but I think it should. I think there's something ethically wrong with making record profits at a time like this where external factors are driving prices up. Unless, of course, the record profits are a result of brilliant cost-cutting, which I recognized as a possibility.

Thanks for the suggestion about investing in bio-feuls,

I'll think about it.

I wasn't whining. Again, I didn't say Exxon should be punished, I didn't say I felt wronged. I said I don't think Exxon has been good to the American consumer. Again, I'm not saying it has to be good to the American consumer. I'm just sharing information and an opinion.

You do understand that there's nothing wrong with free speech, don't you?

Don't like it? Move to Iran or stop reading message boards.

I was just listening to CNBC 30 minutes ago and 2 analysts said for various reasons, mostly refinery issues, gasoline will hit $4 per gallon this summer in all liklihood. That is getting up there.

Shrink wrote:

I just pointed out that, while Exxon has done well for itself, it hasn't helped the American consumer. Now, Exxon doesn't have to feel compelled to help the American consumer, but I think it should. I think there's something ethically wrong with making record profits at a time like this where external factors are driving prices up. Unless, of course, the record profits are a result of brilliant cost-cutting, which I recognized as a possibility.

Don't like it? Move to Iran or stop reading message boards.

Helped the American consumer? You mean by providing fuel cheap enough that we can truck vegetables from California to New York in time for you to eat them before they rot? Should I go on?

Never once did I question your right to express your opinion. Hopefully someday you will learn that being a parrot for the leftist news agencies will not get you far among free thinking individuals.

Carry on as you see fit.