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I wouldn't be surprised if this were the plan from sometime a few decades ago.
Originally posted by verbal kint
reply to post by Voxel
you say $4 billion this year alone (from the sale of the 800 stations). well that then translates into $1 billion per quarter. That's of $11.63 billion in Profits (i.e. not all of that $1 billion is profit - even if it were, it's still less than 10%). I don't think the real estate (at least as you described it) is core source of new found profits.
Originally posted by disgustedbyhumanity
Their business is selling oil. When oil prices are high they are going to make a bunch of money. Their mission to their shareholders is to make as much money as possible for as long as possible. It is not to look out for the general public.
Do I agree that this should be the case? No. The system sucks. I do not think that any resource that is vital to the well being of the general populance should be in the hands of a for profit organization. that would include health care, telecommunications, basic food, water, sewage, energy/electricity, highways, etc. The quest for profit almost guarantees that these companies will not act in the benefit of the majority of the people.
Blame the system not the company. As long as oil is the driver of our energy program these companies will rake it in. Don't bitch about their profits, bitch about why such a neccesary part of everyday life is in the hands of profiteers.
Originally posted by TKainZero
How did they just post the largest profit ever...
Because the demand for thier project has NEVER BEEN HIGHER...
Not a big deal... nothing crazy there, just simple Supply and demand, like High School level econmics...