05 Nov 05
Originally posted by AThousandYoungno, it would equalize, the people who makes the Profit on gas, such as Exxon would build more buildings, causing the construction business to go up, which means the lumber yard makes more profit, and so on,
Yes, but people would get less construction done.
07 Nov 05
Originally posted by flyUnityI don't think that's true, but might be convinced if someone like telerion analyzed what you're saying from a position of detailed knowledge of economics.
no, it would equalize, the people who makes the Profit on gas, such as Exxon would build more buildings, causing the construction business to go up, which means the lumber yard makes more profit, and so on,
08 Nov 05
Originally posted by wibThe real question to ask is how many politicians throughout the world, especially in the US, have shares in oil companies and thus have posted thier largest profits ever ? This will tell you the true reason for the rise in oil prices. The people who set the price (the oil cartels and governments) all have a vested interest in a higher price. Just remember that Saudi Arabia is the biggest contributer to US election campains. And we all know about the Iraq War.
Anyone care to try and defend these greedy b@stards?
Largest Quarterly Profit Ever. How bout them apples?
08 Nov 05
Originally posted by WajomaNow how in the hell am I supposed to do that? The price at every station is almost identical. If I don't buy from an Exxon station what do I do? Go across the street and give the exact same amount of my money to Texaco, or BP? They may as well all be the same company anyway. They all get their product from the same place.
No need to defend them, but I do support them when I gas up my car.
No-one owes you a cup of gasoline, if they're making too much profit (in your opinion) buy your gasoline from a less successful company. ;^)
Either way, we're screwed. By not choosing Exxon/Mobile I'm simply choosing a different poison.
09 Nov 05
Originally posted by wibThere are cheaper companies to some extent. They may differ only by pennies, but they are there. You can also start driving cars that use less gas and avoiding driving. If people had a problem with gas prices they'd stop buying hummers and start driving Metros and taking the bus.
Now how in the hell am I supposed to do that? The price at every station is almost identical. If I don't buy from an Exxon station what do I do? Go across the street and give the exact same amount of my money to Texaco, or BP? They may as well all be the same company anyway. They all get their product from the same place.
Either way, we're screwed. By not choosing Exxon/Mobile I'm simply choosing a different poison.
09 Nov 05
Originally posted by AThousandYoungIn the original post wib was having issues with the profit being made, so he needs to seek out a company whos gas may be more expensive but that's ok as long as the company is making less profit.
There are cheaper companies to some extent. They may differ only by pennies, but they are there. You can also start driving cars that use less gas and avoiding driving. If people had a problem with gas prices they'd stop buying hummers and start driving Metros and taking the bus.
wid, what criteria would you use i.e. nett profit or profit as a percentage of turnover?