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Oil at $56/barrel
Oil now at $56/barrel with $2.20/gallon prices at the street pumps.
http://tinyurl.com/3jzt2 How much will it be at the docks? A good year to be without a boat. I do feel your pain. ;-) |
JimH wrote:
Oil now at $56/barrel with $2.20/gallon prices at the street pumps. http://tinyurl.com/3jzt2 How much will it be at the docks? A good year to be without a boat. I do feel your pain. ;-) It's never a good year to be without a boat. It is a good year to have a *sailboat*. No pain here :) Stella |
Actually, it is a good year to not only own, but use a boat, as soon as old
man winter departs the building. A nice accessory to boat ownership is dividend paying oil company stock. J "JimH" wrote in : Oil now at $56/barrel with $2.20/gallon prices at the street pumps. How much will it be at the docks? A good year to be without a boat. I do feel your pain. ;-) |
J wrote: Actually, it is a good year to not only own, but use a boat, as soon as old man winter departs the building. A nice accessory to boat ownership is dividend paying oil company stock. J Really? How does that work? Are you saying that if you have oil stock, that buying gas at $2.50 per gallon is somehow going to give you a net gain? |
Well, my Chevron stock has doubled in value and I also get a nice dividend.
Helps with the fuel bills. wrote in message oups.com... J wrote: Actually, it is a good year to not only own, but use a boat, as soon as old man winter departs the building. A nice accessory to boat ownership is dividend paying oil company stock. J Really? How does that work? Are you saying that if you have oil stock, that buying gas at $2.50 per gallon is somehow going to give you a net gain? |
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? |
"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. |
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. |
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." |
"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 -- John H "All decisions are the result of binary thinking." |
"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 |
"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. http://finance.yahoo.com/q/bc?s=CVX&t=5y 5 year chart on Chevron. Notice the price is up a lot from 2003, and they pay 2.6% dividend presently. |
Calif Bill wrote: 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. The rise over 5 and 10 years has nothing to do with the rise in the price of crude. Historically, when crude prices jump, oil stocks go down. |
P.Fritz wrote: "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 What an intelligent and thoughtful interjection to the post. It certainly shows what you know about stocks, and crude prices vs. stock prices. |
John H wrote: 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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. |
HKrause wrote: basskisser wrote: John H wrote: 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 oglegroups.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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Hmmmm. Would this be drip up or drip down economics? Damn it, Harry, you'll NEVER understand republican voodoo economics, will you? It's trickle down, so the inverse MUST be drip UP!!! |
On 25 Mar 2005 05:02:12 -0800, "basskisser" wrote:
John H wrote: 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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Waffling. That's what that's called. -- John H "All decisions are the result of binary thinking." |
"HKrause" wrote in message ... basskisser wrote: HKrause wrote: basskisser wrote: John H wrote: 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 news:1111583265.469821.210430@l41g2000cwc .googlegroups.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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Hmmmm. Would this be drip up or drip down economics? Damn it, Harry, you'll NEVER understand republican voodoo economics, will you? It's trickle down, so the inverse MUST be drip UP!!! Ahh. Well, since the oil companies NEVER EVER act in the interest of Americans, my suggestion is to nationalize them, and put them under the control of a small board of citizens managers who know the oil business and who are responsive and responsible to the US taxpayers. Oh...NO closed meetings. Then you had better nationalize all industries due to the fact that corporations act in the best interests of their owners or shareholders. |
John H wrote: On 25 Mar 2005 05:02:12 -0800, "basskisser" wrote: John H wrote: 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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Waffling. That's what that's called. -- John H "All decisions are the result of binary thinking." |
John H wrote: On 25 Mar 2005 05:02:12 -0800, "basskisser" wrote: John H wrote: 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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Waffling. That's what that's called. -- John H Waffling??? ANYBODY who would stand for an infinite rise in the price of ANYTHING would be just plain dumb. Would you? |
On 25 Mar 2005 09:41:34 -0800, "basskisser" wrote:
John H wrote: On 25 Mar 2005 05:02:12 -0800, "basskisser" wrote: John H wrote: 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 roups.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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Waffling. That's what that's called. -- John H "All decisions are the result of binary thinking." That's the kind of response I like. It keeps you out of trouble, basskisser. -- John H "All decisions are the result of binary thinking." |
On 25 Mar 2005 09:43:36 -0800, "basskisser" wrote:
John H wrote: On 25 Mar 2005 05:02:12 -0800, "basskisser" wrote: John H wrote: 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 roups.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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Waffling. That's what that's called. -- John H Waffling??? ANYBODY who would stand for an infinite rise in the price of ANYTHING would be just plain dumb. Would you? Good. You're back to your old self again. NO ONE could AFFORD an infinite rise in the price of ANYTHING! Therefore, the comment is INANE! -- John H "All decisions are the result of binary thinking." |
"John H" wrote in message ... On 25 Mar 2005 09:43:36 -0800, "basskisser" wrote: Good. You're back to your old self again. NO ONE could AFFORD an infinite rise in the price of ANYTHING! Therefore, the comment is INANE! -- John H "All decisions are the result of binary thinking." INANE is asslicker's middle name. |
"JimH" wrote in message ... Oil now at $56/barrel with $2.20/gallon prices at the street pumps. http://tinyurl.com/3jzt2 How much will it be at the docks? A good year to be without a boat. I do feel your pain. ;-) Any updates on prices at the docks? We are paying $2.20 at the street. |
P.Fritz wrote: "John H" wrote in message ... On 25 Mar 2005 09:43:36 -0800, "basskisser" wrote: Good. You're back to your old self again. NO ONE could AFFORD an infinite rise in the price of ANYTHING! Therefore, the comment is INANE! -- John H "All decisions are the result of binary thinking." INANE is asslicker's middle name. Speaking of inane, I see that you still don't have the mental capacity to post anything of any substance, and instead, resort to childish name calling. Quite typical of someone mentally unable to participate on topic. |
John H wrote: On 25 Mar 2005 09:43:36 -0800, "basskisser" wrote: John H wrote: On 25 Mar 2005 05:02:12 -0800, "basskisser" wrote: John H wrote: 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 roups.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. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Waffling. That's what that's called. -- John H Waffling??? ANYBODY who would stand for an infinite rise in the price of ANYTHING would be just plain dumb. Would you? Good. You're back to your old self again. NO ONE could AFFORD an infinite rise in the price of ANYTHING! Therefore, the comment is INANE! -- John H Great, I'm glad that you realize your error. |
JimH wrote: "JimH" wrote in message ... Oil now at $56/barrel with $2.20/gallon prices at the street pumps. http://tinyurl.com/3jzt2 How much will it be at the docks? A good year to be without a boat. I do feel your pain. ;-) Any updates on prices at the docks? We are paying $2.20 at the street. $2.00 here. |
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