Results 41 to 62 of 62
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08-08-2007, 10:00 AM #41
I know companies are in business to make profits but this is why they made anti-trust laws because they have the power to shut down the economy. Remember that enron fake power outtage shlt they were pulling? It was one big scam to keep prices up and ole bush washed his hands of it while they were fuking everyone.
Last edited by goodcents; 08-08-2007 at 10:03 AM.
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08-08-2007, 10:02 AM #42Originally Posted by longhorn814
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08-08-2007, 10:03 AM #43
you think you's have it bad try having your petrol (gas) taxed to **** we have it a lot worse
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08-08-2007, 10:07 AM #44Originally Posted by longhorn814
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08-08-2007, 10:16 AM #45
Yes they are making record profits, but thats b/c the price of their product has increased, but they dont control the price of a barrel. In the late 90's, when oil was $10/bbl, they were barely making profits at all. People were being layed off and downsizing was rapant. I know lots of people that lost their job during that time. Traditionally the oil industry has been very cyclical, where there are good times and bad times. Its a business just like any other, where their goal is to make money.
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08-08-2007, 10:17 AM #46Originally Posted by gixxerboy1
There's two words I have not seen put together w/o the word ass in it It's almost scary when someone agrees with me
But seriously, profits should keep pace with increases, I mean hell, I can't charge $200 a month for a tanning package. Supply and demand should not factor into stuff that we need (yes we fuking need gas, I can't feed my car grass and I don't have a place to keep a horse) such as oil, power and life saving drugs. Don't even get me started on drug companies!!!!!
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08-08-2007, 10:26 AM #47
Yeah i didnt think anybody agreed with anybody on here ever!! Theres a big difference between an elastic product (i.e. tanning packages) versus an inelastic product (oil and gas)..its basic economics..people will pay whatever for an inelastic product such as oil and gas b/c its needed, but the whole world doesnt need a tanning bed
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08-08-2007, 10:37 AM #48
That's why it should be regulated Oil company executives being interviewed " I see nothing wrong with our profit margin, it fits in with other industries" wtf, what other companies post billions of dollars in profits 4 times a year? They need a real president that gives a shlt about the people to just say bullshlt, we are not going to let you control this country and if they bltch you just take the oil. My god bush is rich enough, how much more money does he need?
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08-08-2007, 10:42 AM #49
I would put the middle east oil companies in there place too, guys running around in bed sheets fuking us any time they want, wtf? I would give Americans some pride again, we would kick some ass. I would personally stick my foot up there ass if I was president just to show the world I meant business
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08-08-2007, 10:44 AM #50
The military would be a for profit group "we need some new tanks, well time to kick canada's ass again"
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08-08-2007, 10:45 AM #51
how can you regulate a commodity? The oil companies do NOT determine the price of oil. We have a dependance on foreign oil b/c certain groups of people are against drilling in the united states in what are deemed "environmental" areas where there are large quanties of oil and gas. If we produced more oil from our own country, you will see the price of gas lowered at the pump.
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08-08-2007, 10:50 AM #52
Don't forget a good portion of the price for each gallon goes to the government. In California $0.504 (i.e. 50.4 cents) of each gallon is tax. Heres a chart for your state...
http://www.energy.ca.gov/gasoline/st...tate_2002.html
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08-08-2007, 12:25 PM #53Originally Posted by longhorn814
Well i am glad i am not the only one here that knows the other side, not just the pump price but the reasons...what do you do in the indusrty manb, i am a Instrumentation Mechanic up here in Alberta...
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08-08-2007, 12:35 PM #54Originally Posted by WEBB
ya, 4-6 years ago gas prices were hella cheaper.........
1. 1. refining- has that changed in the last 4-6 years?
2. 2. shipping- is gas coming from farther places than the last 4-6 years?
3. 3. taxes- are they the same as they were 4-6 years ago, if not, why?
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08-08-2007, 12:40 PM #55Originally Posted by WEBB
so, dont you think its bullshit simply because of bush and politics
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08-08-2007, 12:55 PM #56Originally Posted by longhorn814
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08-08-2007, 12:56 PM #57Originally Posted by WEBB
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08-08-2007, 12:58 PM #58Originally Posted by longhorn814
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08-08-2007, 01:02 PM #59Originally Posted by longhorn814
but surely gas doesnt need to be the 3.30 it gets in the summer time.
if what you are saying is true, doubling up to 2.00 even seems more reasonable.....i still smell fould play
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08-08-2007, 01:05 PM #60Originally Posted by IronReload04
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08-08-2007, 01:07 PM #61Originally Posted by IronReload04
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08-08-2007, 01:13 PM #62
the price of gas has traditionally risen during the summer months too..more people are driving, taking vacations, etc..so the demand increases and it starts to decrease supply faster than it can be replenished. Simple supply and demand economics.
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