Exxon posts record breaking profits.

lol

 

when the stereotype "evil corporations" comes up

exxon is definitely somewhere near the top..

 

Heres a link to the top 20


http://money.cnn.com/galleries/2007/fortune/0707/gallery.global500_profits.fortune/index.html

 

lol

 

No, the Council on Foreign Relations controls Bush, Congress and the media. Bush doesn't control anything. How can a man who cannot speak a proper sentence of English be running the government? You guys give the man way too much credit. Bush is merely a frontman; a stooge; a puppet. They want you to think he's the one in charge.

 

lol

 

Are you saying conspiracy websites sometimes make things up?

 

Can anyone say "price gouging?" It's funny, when a local gas station raised the price of gas from ~$2.00 (2001) to $4.99, the station's price rise made local news (tv & newspaper) and the station was fined thousands of dollars. I guess that's okay, although it wasn't like the town of ~2,500 didn't have four other gas stations to choose from, which didn't raise the prices that high.

However, when corporations raise oil prices which affects the entire country, there is no outrage and we sit back and take it in the ass. When we punish a local gas station who might have made $100 or so profit off of their price gouging w/ thousand dollar fines, why is the gov't not fining Exxon for their $40 billion profits?

As it has already been mentioned, look no further to the administration...

Peace and love

The world is crazy...

 

Because the current Republican administration favors the elite who are heavily invested in...you guessed it right, energy.

The rich get tax breaks, the little run of the mill guy, joe schmoe gets taxed to death, screwed and fucked dry inside and out.

Welcome to America. Inhabited by sheeple, ruled by wolves, owned by pigs.
:$

 

Interestingly, during the Bush/Cheney administration,

Exxon and Haliburton both posted record breaking profits.

Co-incidence???

:leaving:

 

I think not!

Peace and love

 

Yeah , for a company to make a 10% profit, has to be something fishy going on.

 

This would be more significant if all oil were produced in the United States by US oil companies and the only place oil companies were making record profits was the US.

But most oil isn't from the US, the oil price is the same everywhere, and every country's oil company is making record profits.

 

Chevron, Exxon Record Profits Reaped at Cost to Sliding Economy, Strapped Consumers; Group Calls for Market Oversight
http://www.foxbusiness.com/article/chevron-exxon-record-profits-reaped-cost-sliding-economy-strapped-consumers_461941_1.html


It is significant since Exxon made an annual profit of $40.6 billion dollars or more than $75,000 a minute in unregulated energy markets especially electronic trading and at unjustifiable price levels and inspite of a tanking economy.

Clearly this is an area where more oversight is needed, but government apologist fools like you are always at the forefront to defend against.

 

But oil companies wouldn't try to make profits off of the suffering of its customers, right?

Of course not. In the 1920's, millionaires never fleeced the public by inflating stock prices when they bought huge shares of stocks and then caused the prices to fall by selling all their stock at once, leaving the average citizen w/ those worthless stocks. Right?

I think it's clear oil companies only interest lies in the profit, not the country, the economy, or the customer. It is a sad day indeed when these companies are defended by the same people they are ripping off.

Peace and love

 

Of course their interest is in profit. It should be.

I don't think you know where the oil price comes from. Oil companies buy the oil from Saudi Arabia, Iran, Russia, Nigeria, Venezuela, wherever, at the same price, no matter who they are and no matter where they are.

These countries are charging an oil price that is about six times higher than it was mid way through Clinton's last term. The oil companies just make a margin on the oil price (say 10%), whether it is $14 a barrel or $90 a barrel.

 

I don't think you know that as gas prices continue to go up up up -
no oil company has reinvested their profits into things that will benefit the motorist.

And in your very own words, as the true defender of all things corrupt,
"of course, their interest is in profit. It should be."

 

?

 

Profit: Why the capitalist will sell you the rope that you will use to hang him.

Peace and love

 

Meanwhile, Senator Blowhard making $165,000 a year and/or his family are heavily invested in energy stocks at $81.00 per share while Joe Schmoe shells out $3.00 + per liter on gas to fill up his beat up car to get to his minimum wage job, and can barely pay the heat and rent.

Middle class America, you're on your own, and you're screwed big-time.
The poor have been screwed a long time ago, we already know that.