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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (66823)	5/8/2006 1:02:27 PM
From: Wharf Rat	Respond to of 361142

pick a reasonable profit margin. If you like 10-15%, we can go with that... spit the diff and go with 12.5?

To: American Spirit who wrote (66823)	5/8/2006 1:41:51 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 361142

Brrrrng. Time's up. Shudda picked a lower number. Rat trap 12.5% would get eggs zactly maybe one. I think Hawk's 10-% average is high. Heard the CEO of CP the other night, and he said their return was 6-7%, the industry standard. Let's go after the real gougers (disclaimer; I've never owned an oil company,; I want corps to be taxed at a higher rate than I am. Those are other discussions.) ------------------------------------------ Certainly not the OIL WHORES that currently are in power. So I guess, since Archer-Daniels, Midland (ADM) is the largest current producer of alcohol they and the American Farmer will soon be on the receiving end of your wrath as "alcohol whores", eh?? I guess, if you had your way, you'd put us all back on horseback, eh?? And why is it so wrong for oil companies like XOM to have a 11% profit margin: finance.yahoo.com ... Yet.. Bill Gates and MSFT are permitted to make 32% profit on their sales? finance.yahoo.com And INTC makes 20% profit.. finance.yahoo.com After all, almost everyone in this country has a computer... And most of them run Windoze.. GOOG has a profit margin of 23%.. And what about those gold companies? GOLD is making a 24% profit: finance.yahoo.com AEM has a profit margin of 15% finance.yahoo.com ABX has a profit margin of 17%: Yet those "Big Oil Whores" are averaging around 10% profit margin.. ALL EXCEPT Occidental OXY.. the stock that Al Gore holds a considerable position in, and for whom his father, performed as exclusive Senatorial pork monger for Marxist, Armand Hammer (named by his parents after the Socialist flag "Arm and Hammer" symbol).. OXY is managing a 34% profit margin, to a large extent due to Al Gore's "facilitation" that permitted them to obtain the Elk Hills Federal oil reserve back in the mid-90's.. finance.yahoo.com corpwatch.org freerepublic.com aim.org DOWN WITH CORPORATE & BIG OIL WHORES!!! Do you even own any stocks? If not, why the hell are you even here on this website?? Hawk Message 22427322

To: American Spirit who wrote (66823)	5/8/2006 2:44:28 PM
From: twmoore	Read Replies (2) \| Respond to of 361142

Here is part of the reason for oil being high priced.The oil companies are storing as much oil as possible to keep the price high and are planning on building more storage capacity. Enbridge ramps up oil storage capacity DAVE EBNER CALGARY -- Enbridge Inc. is looking to spend $1.5-billion expanding its oil storage capacity and said yesterday it is moving ahead with one part of the plan, a $250-million storage facility. The Calgary-based oil pipeline company said the storage terminal, in Hardisty, Alta., will be ready by September, 2008, with a capacity of five million barrels. Oil storage is used by shippers on Enbridge pipelines to set aside crude when prices are lower and sell it when prices are higher. Enbridge said it already has 15 million barrels of oil stored under existing long-term contracts, a figure that could be tripled as it adds space at various locations in North America.