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05-12-2009, 10:28 AM
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#26
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Join Date: Dec 2004
Location: Browns Mills NJ/ Rotondo West FL
Posts: 3,054
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Quote:
Originally Posted by Frosty
...and I ask you this...are their record profits from gas sales? I'd say no.
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Ok then what are they from? Seems awful odd that gas prices skyrocketed the past few years aswell as there profit margin.
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AI HCR 241's , Lunati 223/236 .615/.626 114+2 , Full Exhaust , Ported Fast 92 , Ported LS2 TB , Veraram , 85mm MAF , Circle D 4000 , 3.42's , GTP 36# , CSP Dyno tune. More on the way
420 HP/367 TQ on a Unlocked Converter & still climbing.
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05-12-2009, 10:37 AM
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#27
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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They sell oil,you realize oil in some form is in like 80% of EVERYTHING we use right?
If gas was the profitable then why is Mobil selling off a lot of their gas stations?
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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05-12-2009, 10:46 AM
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#28
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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BTW, Exxon's profit margin was 9% last year...and guess what? They made over double selling crude oil compared to gasoline last quarter. They "produce" and sell more gasoline than what they sell in crude but the profits are much, MUCH greater in crude sales.
$5.6 billion(crude sales) compared to $2.4 billion(gasoline sales)...but then again all of these evil companies make their money in gasoline. 
The company returns most of its profit to shareholders, distributing about $40 billion in 2008 in the form of share buybacks and dividends(which is good is it not considering a ton of 401K's are locked into companies like this).
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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05-12-2009, 10:56 AM
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#29
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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...and another thing  No one bitches about Walmart's profits do they? No one cares that they treat their employees like absolute pond scum, screwing them out of overtime, paying them **** wages, making health insurance damn near unobtainable for low level employees, making their Chinese factory workers work insane hours in horrible conditions..
No, no one cares because they're getting stuff cheap. Corporate profits only seem to catch headlines when it effects someone. If things are cheap(and oh so safe with lead paint) no one cares...
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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05-12-2009, 11:04 AM
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#30
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Join Date: Aug 2007
Location: Long Branch NJ
Posts: 706
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Quote:
Originally Posted by Frosty
...and another thing No one bitches about Walmart's profits do they? No one cares that they treat their employees like absolute pond scum, screwing them out of overtime, paying them **** wages, making health insurance damn near unobtainable for low level employees, making their Chinese factory workers work insane hours in horrible conditions..
No, no one cares because they're getting stuff cheap. Corporate profits only seem to catch headlines when it effects someone. If things are cheap(and oh so safe with lead paint) no one cares... |
Its not worth it...nobody will understand whats going on as long as they hear the word "billions" and "profit" together. % doesnt matter to anyone. Its the same thing with income taxes...
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Formerly known as REED!
JSFBOA
Draino?
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05-12-2009, 11:52 AM
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#31
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Join Date: Apr 2006
Location: Hazlet
Posts: 631
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I had a little over a 1/4 tank left in my LS1.... $30 to fill it on Sunday!
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~Melanie~
2002 Trans Am L77 swapped bracket car. Cam/intake, 9", 4L60, EFX Tuned: 10.722 @ 124.41
2015 Sunoco Points Runner up
2017 NHRA All Access Challenge Winner -Etown
2018 January Cover Summit Racing
2018 International Women of Motorsports Inductee
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05-12-2009, 04:13 PM
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#32
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Join Date: Apr 2008
Location: Delran
Posts: 6,785
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man frosty took some people to school too. i wonder if he had to stop at the gas station to help them record RECORD profits.
rofl complain all you want at 4 bucks a gallon. THATS STILL ALMOST TRIPLE THE AMOUNT OF GAS THAT EUROPEANS GET FOR THE SAME AMOUNT.
freaking rediculous how dumb americans are. wah wah wah i want 1.50 a gallon gas. guess what? if you get that americans consume the gas quicker than usual and then guess what happens? demand goes up. then guess what goes up? price. then it goes up until people start to use their gas rationally and not just driving around for no reason. then guess what happens? demand goes down. and the supply goes up. causing prices to lower.
its a vicious cycle 
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05-13-2009, 02:16 AM
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#33
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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Gas prices are just a small part.
They are oil companies, they make money on everything related to oil.
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2/20/2013: They Day the ****s Stopped
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05-13-2009, 03:32 AM
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#34
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12 Second Club
Join Date: Mar 2009
Location: metuchen, nj
Posts: 1,476
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Quote:
Originally Posted by NastyEllEssWon
man frosty took some people to school too. i wonder if he had to stop at the gas station to help them record RECORD profits.
rofl complain all you want at 4 bucks a gallon. THATS STILL ALMOST TRIPLE THE AMOUNT OF GAS THAT EUROPEANS GET FOR THE SAME AMOUNT.
freaking rediculous how dumb americans are. wah wah wah i want 1.50 a gallon gas. guess what? if you get that americans consume the gas quicker than usual and then guess what happens? demand goes up. then guess what goes up? price. then it goes up until people start to use their gas rationally and not just driving around for no reason. then guess what happens? demand goes down. and the supply goes up. causing prices to lower.
its a vicious cycle |
haha ya. americans suffer from gas price amnesia
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