Monday, July 26, 2010

Exxon/Mobile has just posted it's 2007 earnings of 40 billion. Have we been RAPED by big oil? What can we do?

The earnings are the largest in the history..Exxon/Mobile has just posted it's 2007 earnings of 40 billion. Have we been RAPED by big oil? What can we do?
Keep it up we need more hot air balloons.Exxon/Mobile has just posted it's 2007 earnings of 40 billion. Have we been RAPED by big oil? What can we do?
I really don't see anyone putting a gun to your head and forcing you to buy your fuel at Exxon/Mobil. Shop elsewhere.
If you seen how much the government makes on each states gas tax.... added up to a total....


You would think you have been raped by Big Oil.... AND the government!~!


Remember.... its not just big oil bending you over.


Its the government who also has its hand DEEP in your pockets.


And its not just Cheney and BUsh helping them all either...


Its Politicians on BOTH sides of the political spectrum holding your butt cheeks open and greasing you up really good for them!


Its been this way for DECADES. Lately... theyve just gotten bolder.


And it shows in record federal and state reciepts for the gas taxes.... and record profits for big oil.


Of course.... they always leave out how much money the government screwed you over for.... just to point the finger in big oil...ALONE's direction.
Yes and oil prices on the world market are at record levels....every bussiness attempts to make a certain profit margin on their investments, normally a minimum of 10%....... if exxon pays more for its oil, prices its gasoline to make 10% their profits will obviously go up......or are you suggesting that exxon should purchase that barrel of oil at $100, process it, transport it, market it, and sell it at a loss?....its called capitalism
Hit'm with a multi billion ';windfall'; tax!
No ones paycheck has increased, probably not even the working people at Exxon. Yes, we are being raped unless you believe that we are using more fuel at 3.00 a gallon than at two. Supply and demand? I don't see it in my area.
we shouldn't even be using oil any more except for plastics and fertilizer! we have the technology to pull electricity straight out of the ionosphere and there is hundreds of times more than we could ever use up there. EVERY DAY 3 times the total GLOBAL ANNUAL electric consumption falls from the sky to the ground. all we have to do is put something in between and harness it. Tesla invented something to do this over a hundred years ago, but why did it never get put into place? because it would distribute power through the ground wirelessly... and FREE. Westinghouse and Carnegie said, ';where can i put my meter?'; and when he said it didnt have one, he was blacklisted for life. his inventions are still on file at the US patent office. ive read them. they work. why they havent been built is way beyond me....
It's actually 41 billion but what a billion or two between friends.





Elect Dems and let stop the Big Oil collusion that's driving up prices.
Exxon Mobil doesn't create the demand for their product. You do.


I wonder if you would be just as upset if there were no gas to buy at the pumps and be blaming Exxon Mobil for that as well.


What if Exxon were selling Ice Cream instead of gasoline and made $40 billion in profit. Would you still be upset?
BOYCOTT EXXON!





we need to wait for a dem. to be elected so they will hopefully fix this for us.





i find it ironic that ever since bush the oil man first took office gas has gone up. the average price per gallon before he started destroying this country was only $1.46





Bush apologists will blame the price increase on supply and demand. give me a break.
Of course their profits are up, they sell oil way above the cost of production to the Chinese company that built your current computer and all of the toys you bought the kids in December.
For a company that only provides ';3%'; of the worlds oil production....i think this is just one more indication that the American people have been getting screwed over royally by American oil companies. Makes you wonder if gas prices could have been cut in half and Exxon could have dealt with just making $20B......but i'm sure they will tell you again and again that they have no control over the gas prices.
Ever since the Dems won Congress, Big Oil has posted record earnings after record earnings. Congress can do something but Big Oil knows they will not.


Isn't it sickening that the same dems who can stop this, blame the president (who cannot do anything) and say there is nothing they can do?


VOTE EM OUT
I wouldn't mind the rape as much if they didn't add sand to the Vaseline ;-)
Yep big oil did do a job on us.


19% is taken in taxes


4% is profit and marketing


http://www.npr.org/templates/story/story鈥?/a>





So who is doing the real rape?





Factor this in too now Democrats want to raise the taxes even more to fight global warming.





Atleast I know that when it comes down to this


at least I know that oil companies pay their people well and have great benifits.





The government on the other hand does nothing but become a gaint sink hole for waste when they take a buck for welfare and give out 10 cents.





You know what you can do?





1. Drive smaller cars


2. Use public transportation


3. Look around your house and see what do your really need.





If people like Gore give up their SUVs that would a lot to increase supply and drive the cost down.
no you have been served by big oil and you bought it, they cant make a profit if you don't buy it, unless you adopt the old McDonald's made me fat argument,





stop buying Exxon/Mobil gas, buy chevron/Texaco, or better yet you can by shell or bp and send our money over seas, of corse you'll be ending a lot of jobs here in America, and hurting pensions and 401k accounts for millions more, but that's not your problem is it? so long as you stick it to the man right?
Actually thats good...They are a big company that employs thousands of workers. Because of these big companies, millions of families have a roof under their heads.
Bend over and spread your checks.
Oil is more expensive than any time in history. What is the profit on it? That's the key. They historically run at a 9 to 10 percent profit margin. If it's more than that, then there is something amiss. If it's less than that, then they are actually taking a hit. Earnings mean little, profit means a lot.
get some lube so it hurts just a little bit less it really the only thing we can do. ;)
We can pray the government raises taxes on everyone!

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