It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by marg6043
The big reality is that we will be hit not only with the prices on gas but like a chain reaction it will include anything that is link to gas use.
Inflation is what is called.
Originally posted by marg6043
Complain to our political leaders in congress and you see how fast things will get better because election in November.
I imagine that the gas hype is due to the fact that congress may change hands and then things may change for the corporate America that has been doing very well under the present administration.
Originally posted by El Tiante
You too, fail to mention PROFIT MARGINS. The PROFIT MARGINS for most oil companies are relatively small. Microsoft and Oracle do better than a 30% profit margin, McDonalds is more than 20%. By comparison, Exxon’s is 10%.
Originally posted by rizla
Originally posted by El Tiante
You too, fail to mention PROFIT MARGINS. The PROFIT MARGINS for most oil companies are relatively small. Microsoft and Oracle do better than a 30% profit margin, McDonalds is more than 20%. By comparison, Exxon’s is 10%.
You comparison is flawed. While Exxon's margins might be smaller, their actual profits are much larger.
Originally posted by El Tiante
I’m sorry, but the logic of you lefties is nothing short of impenetrable. For years you guys have been yelling that Americans aren’t paying enough for gas. Your prayers have been answered and you complain about that.
The left has obstreperously opposed new power plants, drilling and exploration, new refining plants, new pipelines or ANYTING else that might increase energy supplies. Well guess what; if you increase demand for a commodity with a commensurate increase in supply PRICES GO UP.
Originally posted by spacedoubt
stumason,
Just for perspective, how much have your prices changed, in the last month or so? Are you guys suffering from the same volatility?
Originally posted by El Tiante
With regards to the payments to board members, that’s between the board and shareholders. If you want a voice in that decision then buy Exxon stock.
Originally posted by sdcigarpig
What I am personally predicting is rationing of gas here not to shortly in the near future.
Originally posted by darkelf
If you are correct, then that would be a serious problem, especially in rural area where people need to drive to get to just about anywhere. Our ability to move about freely will be heavily restricted. I should have bought that Honda last year.
Originally posted by El Tiante
You have no understanding what a profit margin is. It’s not surprising, most people on the left never trouble themselves with economic realities.
Originally posted by El Tiante
Consider my lemonade stand example. Let’s say there’s blight in Florida and lemon prices triple.
Originally posted by El Tiante
Or in lefty-I-don’t-understand-economics-speak he’s “gouging” more.
Again your comparison is flawed. What blight is there in oil production at the moment? There is no 'katrina' excuse. Did the 'fairies' take the oil?
Originally posted by El Tiante
Maybe you haven’t been keeping up with current events, but there is quite a bit of trouble going on at the center of world oil production. That puts future supplies in doubt.
Originally posted by El Tiante
Let me try to think if an example that you can relate to... Let me see… Ok, let’s say you just found out they were going to cease production of pokemon cards...
Originally posted by El Tiante
Regarding Bush: He's doing this to appease people like you who don't understand commodity markets.