E$$onMobil post biggest quarterly profit ever, 14.8 billion

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  • 00Formula
    TCS Homer
    • Mar 2008
    • 3923

    #31
    Originally posted by Miekk View Post
    They can order another war or hurricane...
    Originally posted by retics4me
    Im not very smart but I can lift heavy things

    Comment

    • dupcla
      Dead broke and dog tired
      • Dec 2006
      • 3147

      #32
      Originally posted by OrangeCrush 86 View Post
      Economics 101, if demand goes down prices don't go up.
      The other half of that equation is supply... They make less $$ they supply less. Prices go up.

      They set their own market. Everybody is ok if they make 15 bazillion or whatever a quarter when gas is at $2 per gallon. We'd all shit blood if they made that and gas was $4 a gallon... oh wait we did.



      TCS Defines bandwagon thought...

      Comment

      • sport the war
        لا أحد يعلم ما يقول هذا لكنها
        • Dec 2004
        • 17482

        #33
        Obama wants to drill. I honestly cant think of anything better for the country. we need to stand alone with oil. watch all the princes come over for free health care and EBT.

        Originally posted by CAMSS30
        I have my hand on the pulse of CL users after 7-8 years of dealing with them daily.

        Comment

        • yagllarouy
          banned
          • Feb 2008
          • 627

          #34
          Originally posted by dupcla View Post
          The other half of that equation is supply... They make less $$ they supply less. Prices go up.

          They set their own market. Everybody is ok if they make 15 bazillion or whatever a quarter when gas is at $2 per gallon. We'd all shit blood if they made that and gas was $4 a gallon... oh wait we did.



          TCS Defines bandwagon thought...
          Intresting as now gas demand is dropping, oil prodcutions is slowing, and yet prices are dropping
          Who am I? Follow the hints

          Hint #I drive a neon. And love TMAC address changer.

          Comment

          • dupcla
            Dead broke and dog tired
            • Dec 2006
            • 3147

            #35
            diesel isn't dropping as fast and that's what delivers everything we need and own.

            Comment

            • Max Power
              PierreGustaveToutantBeaur egard
              • Apr 2004
              • 13086

              #36
              Originally posted by dupcla View Post
              The other half of that equation is supply... They make less $$ they supply less. Prices go up.

              They set their own market. Everybody is ok if they make 15 bazillion or whatever a quarter when gas is at $2 per gallon. We'd all shit blood if they made that and gas was $4 a gallon... oh wait we did.



              TCS Defines bandwagon thought...
              Yup, while demand is an important factor, it isn't the only factor. When supply is manipulated to prop prices up, people have a legitimate beef.

              Of course, it's not with Exxon Mobil, who make a very conservative profit margin.

              Comment

              • OrangeCrush 86
                /yawn
                • Nov 2005
                • 10085

                #37
                Oh thanks, I totally forgot about supply!

                Comment

                • Miekk
                  Tweak Everything!
                  • Oct 2005
                  • 4022

                  #38
                  Originally posted by sport the war View Post
                  Obama wants to drill. I honestly cant think of anything better for the country. we need to stand alone with oil. watch all the princes come over for free health care and EBT.
                  You're kidding right? He said "he's not opposed to looking into it" That's not drilling...
                  • Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves. Reagan

                  _____________________________________________Check out the worlds lightest, smallest 9" Ford housing at WWW.RACECRAFT.COM

                  Comment

                  • CorinthiansBlackGT
                    TCS Homer
                    • Mar 2004
                    • 4235

                    #39
                    Originally posted by Bountang View Post
                    DISCUSS................
                    Uhm that was off of what? 140 billion in sales? It would seem that some place there is a little overhead.

                    Oh, yeah... US government profited close to 40 billion....

                    I don't understand how they turned a profit with oil being 65$ a barrel. Most of the articles I've read or glanced at report the opposite, that oil corps are losing a lot of the value of their companies.

                    But I guess... Atleast someone is doing good in these shitty times.

                    Babies stay crunchy in milk!

                    Comment

                    • sport the war
                      لا أحد يعلم ما يقول هذا لكنها
                      • Dec 2004
                      • 17482

                      #40
                      Originally posted by Miekk View Post
                      You're kidding right? He said "he's not opposed to looking into it" That's not drilling...
                      what are you seeing from mccain that's going to help the situation? watch what these jokers are saying and try to draw a conclusion from that. I wouldn't vote for obama or mccain. Im stating the fact that drilling is one of the best ideas I've heard from the dribble. none are pushing for balancing the budget, honest pull out time, what they are going to do about recession. nobody running right now in my eyes is worthy of being a president.

                      obama biden? has anyone realized biden is repeating obama's bs everytime he's asked a question and not something they're going to do?

                      mccain and palin? What in the hell kind of card is that? two completely lost people trying to buy an election because they picked up the nod.

                      Originally posted by CAMSS30
                      I have my hand on the pulse of CL users after 7-8 years of dealing with them daily.

                      Comment

                      • yagllarouy
                        banned
                        • Feb 2008
                        • 627

                        #41
                        Originally posted by dupcla View Post
                        diesel isn't dropping as fast and that's what delivers everything we need and own.
                        yeah not as fast but it is dropping. least around here it has
                        Who am I? Follow the hints

                        Hint #I drive a neon. And love TMAC address changer.

                        Comment

                        • yagllarouy
                          banned
                          • Feb 2008
                          • 627

                          #42
                          Originally posted by Miekk View Post
                          You're kidding right? He said "he's not opposed to looking into it" That's not drilling...
                          so true
                          Who am I? Follow the hints

                          Hint #I drive a neon. And love TMAC address changer.

                          Comment

                          • Southern
                            Brougham
                            • Jun 2005
                            • 34553

                            #43
                            Im a rocket scientist and never saw this coming. :idiot:
                            ./ ____ _ _\.
                            (]]]_ o _[[[)
                            \o_FORD_o/
                            |__|.....|__|

                            Comment

                            • punch
                              I'm back, what did I miss?
                              Admin
                              • Oct 2002
                              • 23979

                              #44
                              Originally posted by OrangeCrush 86 View Post
                              I don't get it, why is this is an issue?
                              Yeah how dare a private company make lots of money for it's shareholders. They are EVIL!

                              I bet everyone of us who have some kind of retirement account have stock in Exxon through our mutual funds.
                              About Me :: Yes, I'm on twitter.

                              Comment

                              • Fosters
                                Typical white person
                                • Sep 2006
                                • 16014

                                #45
                                Originally posted by SpaceMan View Post
                                It is kind of funny that oil companies are perceived as bad because we built our infrastructure and society around oil. Because we need it and need a lot of it and it pollutes our environment and kills trees polar bears and duckbilled platypii, it makes oil companies bad
                                Every time I hit the remote start on my excursion, a polar bear bursts into flame. True story.
                                Originally posted by punch
                                SFC is a bag of stupid.
                                Capitalization is the difference between helping your uncle Jack off a horse & helping your uncle jack off a horse.

                                Comment

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