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"John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H "All decisions are the result of binary thinking." And CVX also owns a few billion barrels of crude reserves. Whose value just went up also. It still hurts at the pump, but the hurt has a nice palliative at dividend time. Basskissers argument ignores that the supplier is also the manufacturer. |
P.Fritz wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. Asslicker shoots and misses once again........that makes him about 0 for 10,000 I see you still aren't smart enough to debate a subject without childish name calling. Now, please, go read Nasdaq's headlines for yesterday. Number one: Oil stocks down after news of rising crude prices. Do you have an intelligent comment to that, or just more childish drivel? |
Calif Bill wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H "All decisions are the result of binary thinking." And CVX also owns a few billion barrels of crude reserves. Whose value just went up also. It still hurts at the pump, but the hurt has a nice palliative at dividend time. Basskissers argument ignores that the supplier is also the manufacturer. Hey, Bill, go read the NASDAQ headlines for yesterday!!!!! First one out of the gate: Oil stocks down because of rising crude prices!!!!!!!!!!!!! |
John H wrote: On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H Have you ever heard of supply and demand? IF he raises the price of the tomatoes too high, no one will buy them, then the "stock" would go....DOWN..... |
P.Fritz wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. Asslicker shoots and misses once again........that makes him about 0 for 10,000 Really? Read this, from today's Washington Post: An index of energy companies fell 1.7 percent, for the steepest decline among the S&P 500's industry groups. Exxon Mobil, the world's largest publicly traded oil company, fell 81 cents, to $60.09. ChevronTexaco, the second-biggest U.S. oil company, dropped 75 cents, to $58.42. ConocoPhillips, the No. 1 U.S. oil refiner, slid $1.93, to $105.10. They were among the biggest drags on the S&P 500. |
Calif Bill wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H "All decisions are the result of binary thinking." And CVX also owns a few billion barrels of crude reserves. Whose value just went up also. It still hurts at the pump, but the hurt has a nice palliative at dividend time. Basskissers argument ignores that the supplier is also the manufacturer. My god! Are you really saying that if crude goes up, the oil companies profits must, also? You DO realize that it takes the same high priced crude to run their delivery trucks, right? You do realize that the price they have paid for crude has risen, starting this, right? You do realize that the trains they run use this high priced crude, right? You do realize that the buildings they own and heat with are affected, right? You do realize that any ancilary companies are passing these higher expenses back to the producer, right? To top it off, you do realize that oil stocks are down because of the high price of crude, right? |
On 24 Mar 2005 05:18:41 -0800, "basskisser" wrote:
John H wrote: On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H Have you ever heard of supply and demand? IF he raises the price of the tomatoes too high, no one will buy them, then the "stock" would go....DOWN..... You were the one who provided the example. I just corrected your reasoning. The supply versus demand issue works both ways. If the supplier starts charging a higher amount and the grocer can't make the desired profit, the grocer finds a different supplier or stops buying. From the supplier's perspective, the demand has decreased, so he sells less or lowers his price. -- John H "All decisions are the result of binary thinking." |
Yes I read them, and oil stocks are down a little. But they are up a lot.
Part of the problem with rising crude prices, is the cutting of buying. People will travel less, will cut down on buying as the price gets to high. Rapid rise in oil in 1973 caused a world wide recession. Go to www.yahoo.com and research XOM and CVX over 5 or 10 years. They draw nice charts of the price. Look at the dividends aslo. "basskisser" wrote in message ups.com... Calif Bill wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H "All decisions are the result of binary thinking." And CVX also owns a few billion barrels of crude reserves. Whose value just went up also. It still hurts at the pump, but the hurt has a nice palliative at dividend time. Basskissers argument ignores that the supplier is also the manufacturer. Hey, Bill, go read the NASDAQ headlines for yesterday!!!!! First one out of the gate: Oil stocks down because of rising crude prices!!!!!!!!!!!!! |
"basskisser" wrote in message oups.com... Calif Bill wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H "All decisions are the result of binary thinking." And CVX also owns a few billion barrels of crude reserves. Whose value just went up also. It still hurts at the pump, but the hurt has a nice palliative at dividend time. Basskissers argument ignores that the supplier is also the manufacturer. My god! Are you really saying that if crude goes up, the oil companies profits must, also? You DO realize that it takes the same high priced crude to run their delivery trucks, right? You do realize that the price they have paid for crude has risen, starting this, right? You do realize that the trains they run use this high priced crude, right? You do realize that the buildings they own and heat with are affected, right? You do realize that any ancilary companies are passing these higher expenses back to the producer, right? To top it off, you do realize that oil stocks are down because of the high price of crude, right? They are business expenses. They sell at least 99.9% more energy than they consume. That is reflected in the wholesale price of the gas / diesel / heating oil they sell. |
"Calif Bill" wrote in message ink.net... "basskisser" wrote in message oups.com... Calif Bill wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H "All decisions are the result of binary thinking." And CVX also owns a few billion barrels of crude reserves. Whose value just went up also. It still hurts at the pump, but the hurt has a nice palliative at dividend time. Basskissers argument ignores that the supplier is also the manufacturer. My god! Are you really saying that if crude goes up, the oil companies profits must, also? You DO realize that it takes the same high priced crude to run their delivery trucks, right? You do realize that the price they have paid for crude has risen, starting this, right? You do realize that the trains they run use this high priced crude, right? You do realize that the buildings they own and heat with are affected, right? You do realize that any ancilary companies are passing these higher expenses back to the producer, right? To top it off, you do realize that oil stocks are down because of the high price of crude, right? They are business expenses. They sell at least 99.9% more energy than they consume. That is reflected in the wholesale price of the gas / diesel / heating oil they sell. The "King" is on a ramapage to retain his title. LMAO |
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