Yes. I've never met anyone stupid enough to name any child or pet something like that. And I've met Anita Bath, Bud Wiser, Sunny Daye and Shadi Laine.
I'll also reiterate: it's an idiotic phrase.
Quote:
Originally Posted by MsJoanne
What would you call $24 Billion dollars in profit in ONE quarter of 2008?
Good business. One I wish I'd started.
Quote:
Originally Posted by MsJoanne
What might you call it? Your friendly neighborhood rapist? Ok, that works for me.
Well, I don't know where you live, but in most other neighborhoods, rapists don't charge to provide a product. You might want to think about moving to a nicer neighborhood.
Don't forget that you don't need a license to ride a bike (only to vote). But But But how will the state ever maintain order with all these anarchist bike riders terrorizing our streets. The horror, the horror...
Thankfully, bike riders have to obey the same rules of the road as car drivers, which means that they can be ticketed for the idiotic things they do - like drive through stop signs, drive on the wrong side of the street, make illegal turns, etc.
Quote:
Originally Posted by CharBae
There has been some local rumblings about tolling roads to pay for maintenance/improvements. They should base tolls on car length, since smaller cars means less wear and tear on the road surface.
How do you figure? A shorter car doesn't mean it does less wear and tear on a road; it means it's a shorter car. Tolls should be based on weight. Duh.
Auto manufacturers are about MAKING MONEY, not SELLING VEHICLES. They are two different things.
SoooOOOooo ... when I said:
"...Really? And all this time I thought it was about what people would buy..."
That was about selling vehicles? Looks like you misinterpreted what I said, which means that I wasn't wrong ... which, of course, means that the only other person who could have been wrong was the person who said I was wrong.
As you started off with an incorrect premise, I didn't bother to read any more of your post.
In my opinion ExxonMobile is not really Big Oil even merged... They do not even make the top ten..... in fact several sources rank them as 14th in the world
The very few American Oil companies are all small fries compared to the real giant oil companies in the world
This list is ranked by size (net revenues) only among the publicly traded or private energy companies.... They compete globally against Super Giant companies that are mostly state or government owned and not subject to any disclosure
We have been conditioned to use the term Big Oil as a perjoritive
Funny how most folks who use the term Big Oil for ExxonMobile with a 9% profit margin will give Steve Jobs, AKA Apple, a pass... even knowing the Iphone is manufactured, marketed, and delivered for under $85 a copy....talk about profit margin!
The notion that you are entitled to and require gasoline is not relevent... We require water but do not balk when some enterprising businessmen took a natural resource and charge us by the pint or gallon for it.. I have yet to see any group demand congress investigate the $1.29 per pint for bottled water..... Trust me the profit margin Pepsi and Coke make on bottled water is exceptionally higher then 9%....
"...Really? And all this time I thought it was about what people would buy..."
That was about selling vehicles? Looks like you misinterpreted what I said, which means that I wasn't wrong ... which, of course, means that the only other person who could have been wrong was the person who said I was wrong.
As you started off with an incorrect premise, I didn't bother to read any more of your post.
Your pal,
Meat.
And buying = selling by definition, but I don't argue with arrogant people.
You should read the rest of the post. You might learn something.
In my opinion ExxonMobile is not really Big Oil even merged... They do not even make the top ten..... in fact several sources rank them as 14th in the world
The very few American Oil companies are all small fries compared to the real giant oil companies in the world
This list is ranked by size (net revenues) only among the publicly traded or private energy companies.... They compete globally against Super Giant companies that are mostly state or government owned and not subject to any disclosure
We have been conditioned to use the term Big Oil as a perjoritive
Funny how most folks who use the term Big Oil for ExxonMobile with a 9% profit margin will give Steve Jobs, AKA Apple, a pass... even knowing the Iphone is manufactured, marketed, and delivered for under $85 a copy....talk about profit margin!
The notion that you are entitled to and require gasoline is not relevent... We require water but do not balk when some enterprising businessmen took a natural resource and charge us by the pint or gallon for it.. I have yet to see any group demand congress investigate the $1.29 per pint for bottled water..... Trust me the profit margin Pepsi and Coke make on bottled water is exceptionally higher then 9%....
The 9% margin is a Red Herring. Return on equity is 27%, about 10% higher than most industries.
If you could start a business making a 27% return on equity selling molecules of air for a .0001% margin, what would you highlight to people questioning you?
So, what are these "small" oil companies doing with their measly 10% profits? Why, investing it heavily in new exploration and production, of course! Not!
So, what are these "small" oil companies doing with their measly 10% profits? Why, investing it heavily in new exploration and production, of course! Not!
Well, since they're not allowed to explore or drill anywhere thanks to Congress and the EPA, what else should they do with their money?
Can't very well be pissed off at them for not spending money on exploring when you've already told them not to explore.
[FONT=Arial]In my opinion ExxonMobile is not really Big Oil
Absolutely correct. Our largest oil company is puny when compared to the oil companies of other countries.
This did not use to be the case. But since two decades ago, the U.S. forbids oil exploration let alone oil extraction from under most of our seas and since about 30 years ago we have let the environmentalist lobby block every new initiative for energy independence in this country. Consider:
[1] Other than a portion of U.S. seas in the Gulf of Mexico, U.S. law currently prohibits exploration, much less exploitation, of any oil from U.S. seas. The U.S. has 12,383 miles of coastline... there is oil for generations under our seas, yet politicians and environmentalists don't let us use our own oil.
[2] Last year Congress set in place a moratorium on exploitation of the massive oil shales of Colorado and Utah and Democrats just re-confirmed the ban. That oil is at least equivalent to 120 years of oil imports from Saudi Arabia.
[3] Oil from ANWR in Alaska is equivalent to 25 years of U.S. imports from Saudi Arabia. Had Congress not blocked ANWR a decade ago, we could be saying our bye-byes to the Saudis today.
Here is the graphic from The Economist comparing our largest oil company with those of the rest of the world.
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