Re: Exxon mobile and other oil companies profits
Originally Posted by Dmc1
+So basicaly the oil companies are making record profits but they can't afford to do any research into new technologies for their industry with out tax breaks.
Um, say you're an oil company. The US government won't allow you to drill or build anymore refineries, so the money you would have spent on that isn't being spent. It's profit. As the oil company, your business is oil, not finding alternative fuels to KILL YOUR OWN BUSINESS. lol. If there was any money in alternative fuels, they'd be there, but there isn't. They sell just as much gas to farmers making ethanol as they would if ethanol wasn't in the picture. |
Re: Exxon mobile and other oil companies profits
Record profits come from dispropotionaly hiking prices up, finding cheeper sources of oil, paying workers less, and cutting middle men out of the picture.
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Re: Exxon mobile and other oil companies profits
You shouldn't be mad at the record profits they're making as much as the unreported environmental damage that goes on. Not the best statement to say given 90% of you run open downpipes ;D
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Re: Exxon mobile and other oil companies profits
No Stevemode I didn't mean they would develope something like a hydrogen engine or something where all you need is water. I meant they spend the tax break cash on looking for new oil deposits and and like more efficiant ways of geting it.
that would be like you developing a turbo that doesn't need oil. |
Re: Exxon mobile and other oil companies profits
as alex in houstan has said 100x
gas/oil companies make aprox 3 cents of profit per gallon. the government makes on average 50 cents profit per gallon! the companies take all the risk, the government takes all the money! a gallon was cheaper than a gallon of milk for a very long time! and it comes from halfway acrossed the world! evil milk companies! the government breaks its own record profit every year and rawr loves it! |
Re: Exxon mobile and other oil companies profits
Hey gotta keep that foodstamp money coming somehow.
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Re: Exxon mobile and other oil companies profits
Just think...part of that money will be going to pay my salary from the new federal job I just got ;D
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Re: Exxon mobile and other oil companies profits
Originally Posted by slo_crx1
Just think...part of that money will be going to pay my salary from the new federal job I just got ;D
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Re: Exxon mobile and other oil companies profits
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Re: Exxon mobile and other oil companies profits
I say boycott those fuckers and rock this
http://www.character-cars.com/images/flintstone.jpg |
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