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Default Why gas is $5.00/gal

On Sun, 24 Apr 2011 08:46:42 -0600, Canuck57
wrote:

On 24/04/2011 6:54 AM, wf3h wrote:
On Sun, 24 Apr 2011 08:36:48 -0400, Gene
wrote:


Sorry, you are too late..... the guys that already had all of that are
reaping all the profits...... re-read that thing about frugality....
proactiveness is number one.....


now they have to run to the GOP to get a tax break on the profits.
leona helmsley is a god to the GOP. 'only the little people pay taxes'


Nothing wrong with profits, after all you don't go to work for nothing
do you? So why should my capital go to work unless I make a profit?


profits are not bad. what we have in the US is profits for the few and
risk for the many

the right wing enables this by continuing to assert that the rich are
rich because, in the US, you're rich because you 'work hard' or you're
'smarter' or some other such bull****

the OBJECTIVE EVIDENCE shows this is WRONG. but the right continues to
believe this MYTH


No doubt, the Queen of Mean, Leona Helmsley was one mean bitch. But
will say his she left $4 billion into a charity trust.


and what was her use of money after she was dead? fine. let's get more
dead rich people. sounds like a great idea


Yep, it was a democrat supporter that coined "We don't pay taxes. Only
the little people pay taxes.". Look it up, she loved Jimmy Carter,
democrat. Go figure.

So if you think Leona is GOP, please cite as I say BS to to. She was a
democrat.



which has ZIP to do with the fact the GOP has deregulated wall street
to the point that bankrupting the US is legal

and the right wing supports this.
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Default Why gas is $5.00/gal

On Sun, 24 Apr 2011 12:41:35 -0400, Gene
wrote:

Holding a big inventory of oil in your tank farm is not without risk
and it takes massive investments in time and money to build the
infrastructure. Not surprisingly, the people who make those
investments expect to earn a profit once in a while.


"A profit once in a while.....?"

http://www.nytimes.com/2011/02/01/business/01oil.html
http://www.grist.org/article/2010-04...ution-while-am
http://money.cnn.com/2010/07/29/news...xxon/index.htm
http://money.cnn.com/magazines/fortu...anies/profits/

The oil companies and speculators are almost single-handedly
preventing an economic recovery.... and they are being paid handsomely
to do so..... and you are DEFENDING that?

Incredible.....


It's a very cyclical business and no one feels sorry for Exxon when
they have stagnant growth, or even worse, when they fail to discover
enough new oil to replace what they sold. Unfortunately that is what
is happening. It is probably reasonable to assume that as their
exploration and acquisition costs go up, and as their reserves go
down, they will want a higher price for the product.

In the interest of full disclosure, I own stock in both Exxon and
Chevron-Texaco. Their annual reports make interesting reading and
the future for energy prices is not good.

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Default Why gas is $5.00/gal

Wayne B wrote:
On Sun, 24 Apr 2011 12:41:35 -0400, Gene
wrote:

Holding a big inventory of oil in your tank farm is not without risk
and it takes massive investments in time and money to build the
infrastructure. Not surprisingly, the people who make those
investments expect to earn a profit once in a while.

"A profit once in a while.....?"

http://www.nytimes.com/2011/02/01/business/01oil.html
http://www.grist.org/article/2010-04...ution-while-am
http://money.cnn.com/2010/07/29/news...xxon/index.htm
http://money.cnn.com/magazines/fortu...anies/profits/

The oil companies and speculators are almost single-handedly
preventing an economic recovery.... and they are being paid handsomely
to do so..... and you are DEFENDING that?

Incredible.....


It's a very cyclical business and no one feels sorry for Exxon when
they have stagnant growth, or even worse, when they fail to discover
enough new oil to replace what they sold. Unfortunately that is what
is happening. It is probably reasonable to assume that as their
exploration and acquisition costs go up, and as their reserves go
down, they will want a higher price for the product.

In the interest of full disclosure, I own stock in both Exxon and
Chevron-Texaco. Their annual reports make interesting reading and
the future for energy prices is not good.


Well, then, we should keep Exxon and Chevron in our prayers, so they can
continue to rape us while paying you dividends.
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Default Why gas is $5.00/gal

On Sun, 24 Apr 2011 20:39:41 -0400, Gene
wrote:

On Sun, 24 Apr 2011 18:25:30 -0400, Wayne B
wrote:

On Sun, 24 Apr 2011 12:41:35 -0400, Gene
wrote:

Holding a big inventory of oil in your tank farm is not without risk
and it takes massive investments in time and money to build the
infrastructure. Not surprisingly, the people who make those
investments expect to earn a profit once in a while.

"A profit once in a while.....?"

http://www.nytimes.com/2011/02/01/business/01oil.html
http://www.grist.org/article/2010-04...ution-while-am
http://money.cnn.com/2010/07/29/news...xxon/index.htm
http://money.cnn.com/magazines/fortu...anies/profits/

The oil companies and speculators are almost single-handedly
preventing an economic recovery.... and they are being paid handsomely
to do so..... and you are DEFENDING that?

Incredible.....


It's a very cyclical business and no one feels sorry for Exxon when
they have stagnant growth, or even worse, when they fail to discover
enough new oil to replace what they sold. Unfortunately that is what
is happening. It is probably reasonable to assume that as their
exploration and acquisition costs go up, and as their reserves go
down, they will want a higher price for the product.

In the interest of full disclosure, I own stock in both Exxon and
Chevron-Texaco. Their annual reports make interesting reading and
the future for energy prices is not good.


Somehow, you are missing the reality that when Exxon loses money, the
stockholders are ****ed..... when Exxon continues to make record
profits in an otherwise miserable economy, they are sticking it to all
of the users of gasoline.... one way or the other, the entire
American population.... and to the entire American economy....


Let's not forget that they are entitled to make a profit no matter how
miserable the economy might be. Their costs are going up, way up.
Our cost will go up also. The dollar continues to depreciate.
That's a result of our fiscal policies and upside down balance of
payments. A strong dollar would result in cheaper oil, and that is
what we've been used to in the past.

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Default Why gas is $5.00/gal

Wayne B wrote:
On Sun, 24 Apr 2011 20:39:41 -0400, Gene
wrote:

On Sun, 24 Apr 2011 18:25:30 -0400, Wayne B
wrote:

On Sun, 24 Apr 2011 12:41:35 -0400, Gene
wrote:

Holding a big inventory of oil in your tank farm is not without risk
and it takes massive investments in time and money to build the
infrastructure. Not surprisingly, the people who make those
investments expect to earn a profit once in a while.
"A profit once in a while.....?"

http://www.nytimes.com/2011/02/01/business/01oil.html
http://www.grist.org/article/2010-04...ution-while-am
http://money.cnn.com/2010/07/29/news...xxon/index.htm
http://money.cnn.com/magazines/fortu...anies/profits/

The oil companies and speculators are almost single-handedly
preventing an economic recovery.... and they are being paid handsomely
to do so..... and you are DEFENDING that?

Incredible.....
It's a very cyclical business and no one feels sorry for Exxon when
they have stagnant growth, or even worse, when they fail to discover
enough new oil to replace what they sold. Unfortunately that is what
is happening. It is probably reasonable to assume that as their
exploration and acquisition costs go up, and as their reserves go
down, they will want a higher price for the product.

In the interest of full disclosure, I own stock in both Exxon and
Chevron-Texaco. Their annual reports make interesting reading and
the future for energy prices is not good.

Somehow, you are missing the reality that when Exxon loses money, the
stockholders are ****ed..... when Exxon continues to make record
profits in an otherwise miserable economy, they are sticking it to all
of the users of gasoline.... one way or the other, the entire
American population.... and to the entire American economy....


Let's not forget that they are entitled to make a profit no matter how
miserable the economy might be. Their costs are going up, way up.
Our cost will go up also. The dollar continues to depreciate.
That's a result of our fiscal policies and upside down balance of
payments. A strong dollar would result in cheaper oil, and that is
what we've been used to in the past.



That's what, the fourth excuse Wayne has come up with the justify the
rape of Americans by the oil companies.


  #66   Report Post  
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Default Why gas is $5.00/gal

In article ,
says...

On Sun, 24 Apr 2011 08:19:24 -0600, Canuck57
wrote:

On 23/04/2011 5:42 PM, wf3h wrote:
On Sat, 23 Apr 2011 16:53:45 -0600,
wrote:


So why would you control private business? So it can be as efficient at
disposing of money as Government Motors?

let's see...in the last 3 years, efficient private business cost the
US TEN TRILLION in national wealth.

so much for THAT little piece of right wing bull****


Market was overdosed on DEBT bubble, and it burst. Market just reacted.


yep.the right wing deregulated the financial markets and ran the debt
market up to stratospheric levels

more reason we need to regulate wall street


But I will thank our liberal leftie money for nothing debtors...it
presented a once in a lifetime buying opportunity. But then, that is
the difference between the seasoned investor and a knee jerk.


gee. what did the liberal left do?

you keep bleating this. but never get into specifics.

is that because you're a racist who hates obama or because you're too
stupid to know it was CONSERVATIVES who engineered the destruction of
the US?



The fact that so many were blinded by liberalism debt greed, well, isn't
a righties fault. Just envy on the left as many sold at the bottom when
they should have been buying....but then again they had too much DEBT.


more cliches

any specifics?

no. i thought not. you ahve glen beck and rush and all the right wing
blather


Bobby, have you gone through all 99 weeks of your unemployment yet?


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Default Why gas is $5.00/gal

On Sun, 24 Apr 2011 21:14:03 -0400, Harryk
wrote:

That's what, the fourth excuse Wayne has come up with the justify the
rape of Americans by the oil companies.


Sorry if I confused you with the facts.

Bottom line: You can't buy cheap oil with a weak dollar.

Scarce resources cost more.

He who has the gold makes the rules - same with
oil.

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Default Why gas is $5.00/gal

On Sun, 24 Apr 2011 21:15:46 -0400, BAR wrote:

In article ,
says...

On Sun, 24 Apr 2011 08:19:24 -0600, Canuck57
wrote:



The fact that so many were blinded by liberalism debt greed, well, isn't
a righties fault. Just envy on the left as many sold at the bottom when
they should have been buying....but then again they had too much DEBT.


more cliches

any specifics?

no. i thought not. you ahve glen beck and rush and all the right wing
blather


Bobby, have you gone through all 99 weeks of your unemployment yet?


perhaps

but fortunately for you and your family

welfare goes on for a bit longer than that
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Default Why gas is $5.00/gal

On 4/23/2011 7:32 PM, wf3h wrote:
On Fri, 22 Apr 2011 19:33:15 -0400, Lil wrote:


Obama's oufit and Ayers has an agenda to socialize America regardless of
or in spite of the cost to Middle America. They are in bed with Wall
Street on many issues.


face it. how can obama be BOTH a socialist AND a wall street pawn??

you right wingers are SSOOO stupid

in addition it's the RIGHT that deregulated us into a plutocracy owned
by wall street

How can China be Marxist and Capitalist.
There are many apparent contradictions.
Webster doesn't fit all the scenarios.
The essence is herd the people for the socialist cause.
Manage The People for the benefit of the upper regions of wealth Supply
Side economics/govt. Corporatism.
We seem to be receiving from both camps.
Nothing like poor, discontented, crowded, but well monitored flexible
labor pool for both camps.
is this utopia or what?
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Default Why gas is $5.00/gal

On Sun, 24 Apr 2011 22:12:38 -0400, Gene
wrote:

On Sun, 24 Apr 2011 21:05:44 -0400, Wayne B
wrote:

On Sun, 24 Apr 2011 20:39:41 -0400, Gene
wrote:

On Sun, 24 Apr 2011 18:25:30 -0400, Wayne B
wrote:

On Sun, 24 Apr 2011 12:41:35 -0400, Gene
wrote:

Holding a big inventory of oil in your tank farm is not without risk
and it takes massive investments in time and money to build the
infrastructure. Not surprisingly, the people who make those
investments expect to earn a profit once in a while.

"A profit once in a while.....?"

http://www.nytimes.com/2011/02/01/business/01oil.html
http://www.grist.org/article/2010-04...ution-while-am
http://money.cnn.com/2010/07/29/news...xxon/index.htm
http://money.cnn.com/magazines/fortu...anies/profits/

The oil companies and speculators are almost single-handedly
preventing an economic recovery.... and they are being paid handsomely
to do so..... and you are DEFENDING that?

Incredible.....

It's a very cyclical business and no one feels sorry for Exxon when
they have stagnant growth, or even worse, when they fail to discover
enough new oil to replace what they sold. Unfortunately that is what
is happening. It is probably reasonable to assume that as their
exploration and acquisition costs go up, and as their reserves go
down, they will want a higher price for the product.

In the interest of full disclosure, I own stock in both Exxon and
Chevron-Texaco. Their annual reports make interesting reading and
the future for energy prices is not good.

Somehow, you are missing the reality that when Exxon loses money, the
stockholders are ****ed..... when Exxon continues to make record
profits in an otherwise miserable economy, they are sticking it to all
of the users of gasoline.... one way or the other, the entire
American population.... and to the entire American economy....


Let's not forget that they are entitled to make a profit no matter how
miserable the economy might be. Their costs are going up, way up.
Our cost will go up also. The dollar continues to depreciate.
That's a result of our fiscal policies and upside down balance of
payments. A strong dollar would result in cheaper oil, and that is
what we've been used to in the past.


Corporations are not, like any individual, entitled to commit treason
with impunity.... no matter how important profit is, to some self
centered investors...


Strong words Gene. I always believed you were more thoughtful than
that (unless you are being spoofed of course, in which case I
apologize).

Someone has to explore for this oil, pump it, refine it and deliver it
to us. There has to be a profit in that to provide the incentive to
find and pump more of it, just like any other business or any other
product.

What about the farmers? They also supply an essential product
wouldn't you agree? Right now they are reaping sky high profits on
corn because our government thought it was a good idea to burn ethanol
as fuel. Should we accuse the farmers of treason for making
increased profits on an essential product?

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