posted June 18, 2008 10:23 AM            

Those with an ounce of common sense expect businesses to make a profit. 8 cents per gallon profit is a modest profit margin. It's especially modest when it becomes known the taxes Congress collects from that same gallon of gas is 18.3 cents and states and counties and cities collect up to an additional 64 cents per gallon on that same gallon of gas.

These leftist radicals in the Congress are not in the least upset by high gas prices. They and their Marxist radical friends in the so called environmental movement have been attempting to force Americans out of their cars for most of 30 years...and onto public transportation which they would control. These Marxist radicals know cars are a form of freedom for Americans. Go where you want to go when you want to go.

These Marxist shiitforbrains are insulated from the results of their stupidity since they have that government credit card and we pay for their gas so, they're not in the least concerned by high gas prices. In fact, they would like to see even higher gas prices. It's only a matter of time until one of these morons tells us about the even higher gas prices in Europe as though that should be the American model too.

The foremost moron in the movement...who not only wants to throw trillions of dollars at a phony hoax..global warming..and send us the tax bills.. also wants to do away with the internal combustion engine. There isn't any substitute which is viable right now. Battery powered cars still have to plug into the electric grid...which is powered by oil and coal...because these same morons refuse to permit the building of more nuclear power plants...or hydroelectric power plants.

Perhaps the most telling statement that's been made on high gas prices was made by Barack O'Bomber. He's not concerned by high gas prices, he would just have preferred the price rise occurred over a longer time period. $4 a gallon gasoline is A OK with O'Bomber.

O'Bomber has voted against every measure which would make the US energy independent. That's O'Bombers record of unconcern.

O'Bomber prefers to reduce consumption. High prices reduce consumption as people are forced out of their cars and onto public transportation. Hopefully, a bus is going your way when you need to get to work...and home again.

O'Bomber also thinks CAFE standards should be raised to 40 miles per gallon. Hello, O'Bomber wants people riding around in pregnant roller skate type vehicles. These tiny vehicles are not safe and crash tests as well as actual car crashes show these cars are much more likely to kill their occupants in a traffic accident.

Since O'Bomber is just another Marxist moron, someone needs to tip him off that his nonsense isn't going to fly.

Hey O'Bomber, Drill here, Drill now, Pay less. CAN YOU HEAR US NOW?

Play the videos...oh, and don't attempt to say O'Bomber didn't say what he clearly said or that it doesn't mean what it clearly does mean.
http://hotair.com/archives/2008/06/11/obama-id-like-higher-gas-prices-just-not-so-quickly/

Some people think O'Bomber is a "loose cannon". My personal opinion is that O'Bomber is a "loose pop gun".

posted June 18, 2008 11:25 AM            

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Exxon's money making philosophy isn't the issue. High gas prices and why gas prices are high and going higher IS the issue.

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The two are linked whether you choose to accept it or not. The facts have been laid out.

"Big oil companies can continually miss their targets or even target no growth and still shine on Wall Street due to the peculiar nature of commodity businesses. Less supply of a commodity means higher prices. Higher oil prices mean more profits for the oil companies. Exxon shares have risen 21% in the past year—and even closed a bit higher on Mar. 5, the day of its analysts meeting." - Why Exxon Won't Produce More

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8 cents per gallon profit is a modest profit margin.

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8 cents, if that's is even the actual number, is the amount of PURE profit received off of the gas. This is the amount Big Oil is putting out there to sucker people like you into believing that they're not making all that much. We all KNOW, however, that Exxon is the most profitable company IN THE WORLD. It's NOT modest. As I posted above, Exxon shares are up 21%.

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These leftist radicals in the Congress are not in the least upset by high gas prices. They and their Marxist radical friends in the so called environmental movement have been attempting to force Americans out of their cars for most of 30 years...and onto public transportation which they would control. These Marxist radicals know cars are a form of freedom for Americans. Go where you want to go when you want to go.

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Such a crock...

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The foremost moron in the movement...who not only wants to throw trillions of dollars at a phony hoax..global warming.

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Speaking of which: http://www.ucsusa.org/news/press_release/ExxonMobil-GlobalWarming-tobacco.html

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O'Bomber has voted against every measure which would make the US energy independent. That's O'Bombers record of unconcern.

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Can you prove this, or are you just spouting nonsense again? I ask because Obama has lots on the record with regard to energy. http://obama.senate.gov/issues/energy/

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Play the videos...oh, and don't attempt to say O'Bomber didn't say what he clearly said or that it doesn't mean what it clearly does mean.

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posted June 18, 2008 12:39 PM            

The reason they rose so swiftly is directly tied to the refusal of Congress to open up new oil fields to bring additional oil supply to the market.

Of course speculators bid up the prices..since they too can see the handwriting on the wall that leftist demoscats have written. NO NEW OIL SUPPLIES are to come to the American market...which means rising demand without additional supply...which means ever rising prices.

Listen up acoustic. Exxon is a small player in the world oil business. Got it? Exxon is tiny when compared to the state owned and operated oil operations of Saudi Arabia, Iran, Iraq, Russia, Veneszuela and other members of OPEC. Tiny. Exxon Mobile does not control oil prices in the US or any place else on earth.

OPEC members would be delighted to sell America all the $200 per barrel oil we would buy...so long as they don't lose the biggest market for oil in the world. Open up ANWAR, open up the continental shelves off the west coast and the Gulf of Mexico and watch how fast oil prices fall. Commodity market speculators would lose their collective as$es as well since they're long on oil futures contracts.

Stock market investors which include Mutual Funds and Pension Funds invest in markets where they believe there will be rising prices. Duh, Duh and Duh. No one invests in Stocks or commodities expecting to take a loss. Duh, Duh and Duh.

Of course, they also see the handwriting on the wall that Marxist demoscats have written. Rising demand, constricted supply means higher prices. The profit margins of oil companies are in line with other industries and their net profit margins are and have been stable. 8 cents per gallon on $4 per gallon gasoline is a minuscule profit margin.

Opposing liberty and freedom of choice are the most beloved platforms of radical Marxists...of whom there are plenty among demoscats...including Barack O'Bomber.

Hahahahahaha, The Union of Concerned Scientists. I'm sure they have plenty to be concerned about acoustic. Their scam, their hoax is coming apart at the seams.

I'm not going to prove anything to you acoustic. If you disbelieve that O'Bomber hasn't voted against removing the moratorium against opening up new areas in the US for exploration, drilling and production from new oil fields...then acoustic, you go find where he voted for it. Oh, and don't try to feed me any self-serving blather and drivel from the O'Bomber campaign.

Alternative energy technology is here now in the form of coal to gas and oil shale to gas technology. O'Bomber is against both. Nuclear power plants supply 80% of the electrical energy for France. O'Bomber is against it for the US. Hydroelectric power generation is a reality and has been. O'Bomber and his radical Marxist friend are against it. Where ever you turn, you find O'Bomber and his Marxist friends in congress and out against anything which would make the US independent of foreign oil supplies. That's just a fact and no amount of bullshiit is going to spin it any other direction.

Where ever you turn, you find the Marxists trying to damage the United States by shutting America down..with regulation, with exorbitant taxation or with schemes to force Americans into their Marxist government model which doesn't work and won't work.

posted June 18, 2008 03:55 PM            

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Of course speculators bid up the prices..since they too can see the handwriting on the wall that leftist demoscats have written. NO NEW OIL SUPPLIES are to come to the American market...which means rising demand without additional supply...which means ever rising prices.

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Exxon said no new supplies. Democrats aren't in the oil business, and as such had no means of writing that now did they?

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Listen up acoustic. Exxon is a small player in the world oil business. Got it? Exxon is tiny when compared to the state owned and operated oil operations of Saudi Arabia, Iran, Iraq, Russia, Veneszuela and other members of OPEC. Tiny. Exxon Mobile does not control oil prices in the US or any place else on earth.

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Exxon is THE MOST PROFITABLE COMPANY in the world. Yes, there are larger oil suppliers, but trying to reduce Exxon to a small player making a small profit just won't fly.

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Stock market investors which include Mutual Funds and Pension Funds invest in markets where they believe there will be rising prices. Duh, Duh and Duh. No one invests in Stocks or commodities expecting to take a loss. Duh, Duh and Duh.

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You say Duh, and yet you clearly don't understand the point if you're answering this way (the point being the clear indication of Exxon's profitability).

It is funny that you equate rising prices with rising stock profit as up until now you've said that Big Oil only makes 8 cents a gallon. If they only ever make 8 cents a gallon, and supply is stagnate then why are you saying of course people will invest in markets where the prices are rising? According to you Big Oil isn't making any additional money from the price increases. You've just contradicted yourself.

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8 cents per gallon on $4 per gallon gasoline is a minuscule profit margin.

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We still have no validation of this figure.

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I'm not going to prove anything to you acoustic. If you disbelieve that O'Bomber hasn't voted against removing the moratorium against opening up new areas in the US for exploration, drilling and production from new oil fields...then acoustic, you go find where he voted for it.

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Removing the moratorium George Bush (the first) set in place? Which Jeb Bush supported while running for office in Florida? Is that the one you're talking about?

posted June 18, 2008 05:48 PM            

That should be immediately lifted.

Attempting to throw John McCain at me isn't going to work. I've already written...here..."The Case Against John McCain".

Florida politicians are sensitive about drilling off the coast as are a lot of people who live here. That's going to change in a hurry though.

One of the more stupid things demoscats say is that we can't drill our way to energy independence....by extension, why start; why not just continue paying through the nose for foreign produced oil.

What is true is that in the United States are the largest energy reserves in the world bar none. These energy sources dwarf those of most of the nations on earth combined. It's sheer madness to not use them and that doesn't include the ability to produce power from nuclear, wind, solar and hydroelectric. Yet, the morons in the demoscat want the US dependent with the high prices which result.

I notice you didn't refute what I said about O'Bomber's energy voting record.

8 cents per gallon on gas sold is minuscule. Taxes to government are at least 5 times that and in some states 8 times. The greedy bast@rds are found in the Congress and in state legislatures around the country...and they never lifted a finger to produce a drop of it or took the slightest risk.

As to how oil companies allocate their profits, they don't. Profit indicates what's left over after all the bills are paid..including taxes. Oil companies spend billions exploring for oil, drilling for oil, buying equipment and paying for leases on land. Those expenditures are mandatory if they want to produce a steady income stream. Don't forget, these are public companies which are owned by their stockholders who expect a steady income stream into the future.

I know how much it burns Marxist as$es when a business makes a profit. That's totally against the Marxist model, it's unfair, it's wasteful and oppressive. Besides, the Marxists can spend that profit more efficiently buying the votes of morons who support them.

Exxon makes a very small percentage profit on the gasoline they sell.

posted June 18, 2008 06:22 PM            

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That should be immediately lifted.

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I don't know that I would mind if it was. I was going to tell you that this morning Bush was calling for that, but it appeared that you already knew.

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Attempting to throw John McCain at me isn't going to work.

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Sure it will. It doesn't matter that you're not his biggest fan. What matters is that a Republican suggested an idea that you would label Marxist. (Of course it may also show that you're out of touch with your party a bit.)

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I notice you didn't refute what I said about O'Bomber's energy voting record.

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You're right. I didn't. As you mentioned Democrats, "say is that we can't drill our way to energy independence." That is Obama's philosophy on the subject.

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Yet, the morons in the demoscat want the US dependent with the high prices which result.

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You just mentioned that Democrats want energy independence, and now you're contradicting yourself saying that Democrats want dependence.

I see them as wanting energy independence myself. Obama, as you mentioned, may be comfortable with the nation's discomfort with gas prices, and the reason is likely that he wants the adaptation to more efficiency and alternate fuel sources to accelerate.

I think this economic crunch may actually accelerate BOTH strategies for dealing with the fuel crisis.

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Profit indicates what's left over after all the bills are paid..including taxes.

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Right...except that they can decide what expenditures they are going to go through with. They can decide to scale back any part of the process in order to produce more profit. By the same token they can use what would be profit, and instead use it for some justified business expense like higher salaries, leaving the books to reflect an approximate 8 cent a gallon profit (or 8% profit as the case may be). This is what I've meant by using the term "manipulation" in reference to them.

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Aramco is the most profitable oil company in the world and the largest. Exxon Mobile is small potatoes by comparison.

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posted June 18, 2008 07:26 PM            

Now, I don't recall ever saying democrats want America independent of foreign oil. In fact, I don't believe that for a second. Perhaps you could show me where I went astray with a comment?

As for how companies spend their revenues and on what they spend it, all businesses make those decisions. Usually, they put money back into the company which will enhance or expand their ability to do business. There isn't anything wrong with that and in fact, if they didn't do that it would be misfeasance by management.

Have you seen the latest acoustic?

Now, democrats want to nationalize oil refineries..."to control the supply of gasoline". It seems democrats don't know that US refineries are operating at near 100% capacity. But the operative words here are "control the supply". Even you acoustic couldn't possibly be that far left. That's Hugo Chavez territory.

posted June 18, 2008 08:04 PM            

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Now, I don't recall ever saying democrats want America independent of foreign oil. In fact, I don't believe that for a second. Perhaps you could show me where I went astray with a comment?

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Strictly speaking that's true, but you did allude to the fact that Democrats said we can't drill our way to energy independence.

Apparently you're saying that you don't take that to mean that Democrats are interested in energy independence. However, between the parties Democrats have always pushed harder for throwing off the chains of foreign oil. They may not have embraced finding it here, but they've always pushed for the technological solution.

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But the operative words here are "control the supply". Even you acoustic couldn't possibly be that far left. That's Hugo Chavez territory.

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posted June 18, 2008 08:45 PM            

On June 6..this year, gasoline was USD $10.37 per gallon in Oslo. Now, I'll take a pass on that.
http://en.wikipedia.org/wiki/Gasoline_usage_and_pricing

If you try to read between the lines in what I say here, you're going to get the wrong ideas. Democrats did say and still are saying we can't drill our way to energy independence. That may even be technically true since we import 60% of our oil. But drilling and bringing our own oil to market will sure knock the props out from under oil prices and have the secondary effect of keeping US dollars here..instead of sending them off shore which further unbalances our trade deficits with other nations.