Exxon Profit report - BBQ Central

Go Back   BBQ Central > Corporate Administration > General (Non-BBQ) Discussion
Click Here to Login
Reply
 
Thread Tools Display Modes
 
Old 10-27-2005, 09:06 PM   #1
Graduate of BBQ Central
 
jminion's Avatar


 
Join Date: Jan 2005
Location: Federal Way, WA
Posts: 671
So much for the idea that pricing is based on supply and demand. If profits were nuetral I could understand the prices but that certainly is not the case.
Jim
__________________

__________________
To get a better piece of chicken you'd have to be a rooster
jminion is offline   Reply With Quote
Old 10-28-2005, 06:44 AM   #2
BBQ Centralite
 
Woodman's Avatar


 
Join Date: Jan 2005
Location: Mentor, Oh
Posts: 4,457
Yep, we all bitch about big business making profits, but my 401 was way up in the third quarter. Can't have it both ways aye?
__________________

__________________
"I was born to cook for people"
Woodman is offline   Reply With Quote
Old 10-28-2005, 07:06 AM   #3
Official BBQ Central Mark
 
Bruce B's Avatar


 
Join Date: Jan 2005
Location: Utica, MI
Posts: 6,758
Quote:
Originally Posted by Woodman
Yep, we all bitch about big business making profits, but my 401 was way up in the third quarter. Can't have it both ways aye?
I have to come down on Woody's side on this one. I've heard people complain about oil company profits since I was old enough to drive. I'd a thunk that if anybody was serious some type of solution would have been found by now, alternative fuels, price controls, gas tax rollbacks. boycotts, etc. etc. etc., but nothing has happened(and I know why, don't really need economics lesson) and here we are, still complaining about oil company profits.

Price gouging on the part of the oil companies during the hurricanes, yes, absolutely. But let's not hold our breath for Congressional Hearings or indictments for oil company executives, because you know as well as I do, that ain't gonna happen.

Thinking this situation would be different with another party or a different person in that big white house on PA Avenue, is ignoring the past.

It is supply and demand driven by an out of control media that hyped the possibility of gas and oil shortages due to the hurricanes that made the public panic and provided cover for the oil companies to raise their prices.

I paid $2.39 for gas yesterday, hear anything about NOLA or refinery damage in the news lately?????????

I'll get down now :rant:
__________________
Bruce
Treasurer, Great Lakes BBQAssociation
www.glbbqa.com
Rubbed, Smoked, and Sauced Competition BBQ Team-
22 1/2" WSM, 2 18 1/2" WSM's, 22 1/2" Weber Kettle
Bruce B is offline   Reply With Quote
Old 10-28-2005, 07:09 AM   #4
BBQ Central Pro


 
Join Date: Mar 2005
Location: Kentucky
Posts: 999
The cost of gas aint the half of it. These companys are tearing our Country down.
__________________
Spicewine Turbo 2007 model
Perry Brothers & Sons Bar-B-Q
DaleP is offline   Reply With Quote
Old 10-28-2005, 08:00 AM   #5
Moderator
 
Join Date: Jan 2005
Location: Myrtle Beach
Posts: 14,162
Meanwhile, this winter, some people will have to choose between heating their homes and buying food and prescripion medicines.
__________________
The trouble with quotes on the internet is that it difficult to determine whether or not they are genuine - Abraham Lincoln
Captain Morgan is offline   Reply With Quote
Old 10-28-2005, 09:20 AM   #6
God O'Que
 
Uncle Bubba's Avatar


 
Join Date: Feb 2005
Location: Boardman, Ohio
Posts: 2,689
I agree with Bob that it doesn't matter who's in control. The American people just keep getting up the pooper. It's all about the money folks. The politicians have more money than most people will ever realize. They are more concerned about the currency fluctuations in third world countries than they are in the welfare of the people in this country. At some point we will have to take our country back. I don't think we are very far from that day coming.
__________________
Uncle Bubba

"I'd rather be dead in my skin than be a fan of a Redskin."
Uncle Bubba is offline   Reply With Quote
Old 10-28-2005, 10:01 AM   #7
Graduate of BBQ Central
 
jminion's Avatar


 
Join Date: Jan 2005
Location: Federal Way, WA
Posts: 671
Profit is not a bad thing, but I really doubt most folks 401K is keeping up with the effects of what's happening with fuel. What we are paying can feel painful at the pump but this effects every product you buy. Most freight is trucked around the country, those folks were paying about $200 for a fuel up now there paying closer to $800.
When one industry gets this type blessing from the government to rape the public in the end we all get hurt. Unless your setting on the Board of an oil company this isn't making your life better.
Jim
__________________
To get a better piece of chicken you'd have to be a rooster
jminion is offline   Reply With Quote
Old 10-28-2005, 11:35 AM   #8
BBQ Centralite
 
Woodman's Avatar


 
Join Date: Jan 2005
Location: Mentor, Oh
Posts: 4,457
That's true Jim. I sell molded and extruded plastic products for a living. Polyolefins,(ethylene and propylene,) have increased in price from 50-80% since June.Watch for the pricing on EVERYTHING made from plastic to increase dramatically in the coming months I think that the "we need gas and it is the big oil companies responsibility to keep it affordable," argument that some are making is lame though. We have known that we were paying a false low price for gas for years. We also know it is a finite resource, yet we continue to build and buy huge gas guzzling machines. We also drive EVERYWHERE!And, we haven't really seriously delved into alternatives. I don't believe that the gas supply has increased in the last week since pricing has dropped, but I do believe that alot of folks have suddenly curtailed their demand.I know at least two people who have dumped SUV's for small cars. This is a small dose of reality people. And, like it or not, the only thing keeping the economy afloat right now are the profits of these large companies. Woody

ps. You all better hope that the Saud family can hold the fort there, because if they fall, it'll be either WWIII, or $10.00/gal gas, or both!
__________________
"I was born to cook for people"
Woodman is offline   Reply With Quote
Old 10-28-2005, 12:03 PM   #9
Graduate of BBQ Central
 
jminion's Avatar


 
Join Date: Jan 2005
Location: Federal Way, WA
Posts: 671
Woody
I agree but the big oil Exxon and Shell as two examples are being allowed to rape and pilage right now because the government is allowing it. There is no reality here as we are told that this a market driven. This administration is allowing their freinds to do a money grab that is going to cause interest rates to be raised to offset their greed. This is snowball effect that in the long run will make these companies richer and the middle class shrink even smaller.
The state and local government are also involved because of the way they tax they are getting a bigger cut of each gallon.
The inflation happening right is being paid by the middle class, the question is becoming at what age is the average American going to be able to retire and have any kind of a life style.
Jim
__________________
To get a better piece of chicken you'd have to be a rooster
jminion is offline   Reply With Quote
Old 10-28-2005, 12:13 PM   #10
God O'Que
 
Uncle Bubba's Avatar


 
Join Date: Feb 2005
Location: Boardman, Ohio
Posts: 2,689
Isn't lifestyle a condom? #-o #-o #-o #-o #-o
__________________

__________________
Uncle Bubba

"I'd rather be dead in my skin than be a fan of a Redskin."
Uncle Bubba is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off








Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 05:40 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2019, vBulletin Solutions, Inc.