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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (78409)7/27/2006 4:20:44 PM
From: American SpiritRead Replies (1) | Respond to of 81568
 
And pray tell who does Exxon pay $3 a gallon if they only make "pennies per gallon"? They pay it to themselves, that's who. Maybe a commission to the Saudis or Halliburton, but those are their buddies, and everyone's in the same Petroleum Gougers Club. Exxon controls the drilling, the shipping, the refining, the delivery and even the gas stations. They control almost everything, including the rightwing politicians, and a few Louisiana type democrats too.

Also, if they only make pennies per gallon, how come they just registered the second straight record profit quarter in history? 10 billion per quarater for Exxon, and that's just the profits they are reporting. I'm sure they leave plenty of money overseas in tax havens. I know Halliburton does.



To: TimF who wrote (78409)7/27/2006 4:50:42 PM
From: CogitoRead Replies (2) | Respond to of 81568
 
Tim -

What's interesting is that Exxon-Mobil, and the other oil companies, are making record profits at a time when oil, their raw material, is at record highs.

Most companies don't make more money when the cost of raw materials goes up. What's that about? If they're forced to buy most of their oil at market rates, how do they make more money when each barrel costs them more?

- Allen


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