Gasoline prices - another record high/ supply and demand
 

On Mon, 31 Jul 2006 19:20:16 -0400, Harry Krause
wrote:

Jack Goff wrote:
On Mon, 31 Jul 2006 07:35:02 -0400, Bert Robbins
wrote:

JoeSpareBedroom wrote:
"Bert Robbins" wrote in message
...
JoeSpareBedroom wrote:
"Jack Goff" wrote in message
...
On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom"
wrote:

34% return on your money? Again, Trump would love that kind of profit!

It's not all that unusual in some businesses. But, there seems to be a
magic
number, beyond which some people think it's excessive. Even the oil
industries profits would not be considered outrageous, if the absolute
price
(which we pay) wasn't out of hand.

But it's not at all unreasonable. We pay about *half* of what the
European countries pay per gallon. I don't like paying it, but maybe
you'd like to explain how the US price is "out of hand", especially
compared to the rest of the world?

A sentient being would understand why what you have said is completely
illogical.
Nice dodge Doug. Why can't you answer the question? Maybe because it
doesn't fit your agenda, which is bashing the oil companies and wanting
the government to regulate more of your and my life.

Make up which of your identities you're going to use during this particular
discussion, and stick with just one. I will not respond to both. Either be
Bert, or Jack.
Doug, it is you that has the identity problem. Why have you switched
from posting as "Doug Kanter" to "JoeSpareBedroom"? Are you ashamed of
something? Are you afraid your "friends" will find out that you really
are an asshole? Just what was it that made you stop posting as "Doug
Kanter"?


Doug (Joe?) found himself in an indefensible position, so he resorted
to insults, then turned tail and ran.


Bertbrain and Jackoff - together as usual and at last. The two dips.

Yawn. That was lame. Maybe Donny will rescue you.

Gasoline prices - another record high/ supply and demand
 

On Mon, 31 Jul 2006 22:25:00 GMT, "JoeSpareBedroom"
wrote:



Bzzzt. I asked first, and you haven't answered. Explain how the US
price is "out of hand".

The price elsewhere is completely irrelevant. That's your answer to the
Europe issue. As far as the price here, 25% to 35% of it consists of trading
excess, like tech stocks before the bottom fell out. For stocks, it doesn't
matter, because nobody is required to own them. For oil, the design of our
country (which only gets worse) mandates its use. The oil companies, knowing
this, do whatever they want with the price. That's a crime, and should be
dealt with.


So now the US is an island, insulated from the rest of the world?
Everyone else is "irrelevant"? Really?

So the price is 25 - 35% "trading excess" (cite?), which is the
futures traders as you've said before, right? But then the oil
companies are to blame for the price, not the traders. Uh huh.

The same oil companies that "do whatever they want with the price" are
selling here at *half* the price as the rest of the world. And they
do this while taking, by any definition, a modest profit margin. You
are aware that their profits come on quantity, not margin?

Did the investment company run you off because of customer complaints,
or did you leave voluntarily?

Gasoline prices - another record high/ supply and demand
 

"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
ups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:

So, was not just SUV's speeding. How many in your speeding
vehicle?
Oil
makes about 16% profit. Citigroup about 34%.


Horse****!! How would Citigroup make a 34% profit when their
interest
rates aren't even that high?????? Let alone their operating
expenses!

LOL. You really are clueless.

Well, then SHOW ME where Citigroup has made 34% profit.

They made 18.8% profit. But that's beside the point. You stated that
"their interest rates aren't even that high"...implying that they
could
earn
a profit that was only as high as their interest rate (whatever that
is).

This shows ignorance on multi-levels.

There is an enormous range in Citigroup's lending rates. There is no
such
thing as "their interest rate".

Are you REALLY trying to say that Citigroup's interest rates on money
lended is in the neighborhood of 35%????? Friggin' sign me up! If
that's the case, then most of the biggest corps in the U.S. will be
selling everything and investing in Citigroup. Better not let them in
on your secret!

Citigroup's profits are derived from a much larger pool of revenues
than
just the money they take in from their lending practices.

Just what are they doing to earn back 35% or so on their money? Donald
Trump would love for you to share this informatioin with him!


Go up 6 paragraphs from this post and read. See where I said that "they
made 18.8% profit"?

As for what they are doing to earn 18.8%...

http://www.citigroup.com/citigroup/business/index.htm


I'm going to give you a really simple example of how I can earn a lot of
money as a lender:

I loan you $100,000 at 5% interest. The interest rate falls to 4.5% just
1
month later. I sell your loan to another bank for a one-time fee
(perhaps
$2000). So in just 1 month, on the initial $100,000, I earned 5/12th's
of a
percent, plus the $2,000.

That's a 2.4166% return in just 1 month...or a nearly 29% annualized
return.

And that equals 34% how?


34% what?
http://finance.yahoo.com/q/ks?s=C

Profit Margin (ttm): 31.56%

Operating Margin (ttm): 47.83%

Return on Equity (ttm): 18.19%

Gasoline prices - another record high/ supply and demand
 

"basskisser" wrote in message
ups.com...

JoeSpareBedroom wrote:

Bassy, you know I side with you much of the time, because like me, you're
always right. But, in this case, I have to say I'm 99.9% sure you're
either
playing games, or not getting enough sleep. NOYB said he was giving you
AN
EXAMPLE. Do you want him to enumerate every single source of income for
Citi?

I thoroughly understand the example. But, if you'll go back and read my
first post, to Calif Bill, you'll see that he quoted a number of 34%.
That is what I called bull**** on, and to this end, no one here who is
arguing against that, has come up with it.


See my other post.

Gasoline prices - another record high/ supply and demand
 

Jack Goff wrote:
On Mon, 31 Jul 2006 12:51:35 GMT, Don White
wrote:



Did I miss something?


Yeah... puberty and your calling to be a professional batboy. Just
two among a long list of thing that you missed, Donny.


Well at least I try to date real women. You wear out the Palm Sisters yet?

Gasoline prices - another record high/ supply and demand
 

Harry Krause wrote:
Jack Goff wrote:

On Mon, 31 Jul 2006 07:35:02 -0400, Bert Robbins
wrote:

JoeSpareBedroom wrote:

"Bert Robbins" wrote in message
...

JoeSpareBedroom wrote:

"Jack Goff" wrote in message
...

On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom"
wrote:

34% return on your money? Again, Trump would love that kind of
profit!

It's not all that unusual in some businesses. But, there seems
to be a magic
number, beyond which some people think it's excessive. Even the oil
industries profits would not be considered outrageous, if the
absolute price
(which we pay) wasn't out of hand.

But it's not at all unreasonable. We pay about *half* of what the
European countries pay per gallon. I don't like paying it, but
maybe
you'd like to explain how the US price is "out of hand", especially
compared to the rest of the world?

A sentient being would understand why what you have said is
completely illogical.

Nice dodge Doug. Why can't you answer the question? Maybe because
it doesn't fit your agenda, which is bashing the oil companies and
wanting the government to regulate more of your and my life.

Make up which of your identities you're going to use during this
particular discussion, and stick with just one. I will not respond
to both. Either be Bert, or Jack.

Doug, it is you that has the identity problem. Why have you switched
from posting as "Doug Kanter" to "JoeSpareBedroom"? Are you ashamed
of something? Are you afraid your "friends" will find out that you
really are an asshole? Just what was it that made you stop posting as
"Doug Kanter"?


Doug (Joe?) found himself in an indefensible position, so he resorted
to insults, then turned tail and ran.



Bertbrain and Jackoff - together as usual and at last. The two dips.


Quite a 'pair' alright.
I think they need some quality time together in Thailand.

Gasoline prices - another record high/ supply and demand
 

"NOYB" wrote in message
ink.net...

"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
ups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

NOYB wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:

So, was not just SUV's speeding. How many in your speeding
vehicle?
Oil
makes about 16% profit. Citigroup about 34%.


Horse****!! How would Citigroup make a 34% profit when their
interest
rates aren't even that high?????? Let alone their operating
expenses!

LOL. You really are clueless.

Well, then SHOW ME where Citigroup has made 34% profit.

They made 18.8% profit. But that's beside the point. You stated
that
"their interest rates aren't even that high"...implying that they
could
earn
a profit that was only as high as their interest rate (whatever that
is).

This shows ignorance on multi-levels.

There is an enormous range in Citigroup's lending rates. There is no
such
thing as "their interest rate".

Are you REALLY trying to say that Citigroup's interest rates on money
lended is in the neighborhood of 35%????? Friggin' sign me up! If
that's the case, then most of the biggest corps in the U.S. will be
selling everything and investing in Citigroup. Better not let them in
on your secret!

Citigroup's profits are derived from a much larger pool of revenues
than
just the money they take in from their lending practices.

Just what are they doing to earn back 35% or so on their money? Donald
Trump would love for you to share this informatioin with him!


Go up 6 paragraphs from this post and read. See where I said that "they
made 18.8% profit"?

As for what they are doing to earn 18.8%...

http://www.citigroup.com/citigroup/business/index.htm


I'm going to give you a really simple example of how I can earn a lot of
money as a lender:

I loan you $100,000 at 5% interest. The interest rate falls to 4.5%
just 1
month later. I sell your loan to another bank for a one-time fee
(perhaps
$2000). So in just 1 month, on the initial $100,000, I earned 5/12th's
of a
percent, plus the $2,000.

That's a 2.4166% return in just 1 month...or a nearly 29% annualized
return.

And that equals 34% how?

Oh. My. God.

He is still the "King"

LMAO

Gasoline prices - another record high/ supply and demand
 

"Jack Goff" wrote in message
...
On Mon, 31 Jul 2006 07:35:02 -0400, Bert Robbins
wrote:

JoeSpareBedroom wrote:
"Bert Robbins" wrote in message
...
JoeSpareBedroom wrote:
"Jack Goff" wrote in message
...
On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom"
wrote:

34% return on your money? Again, Trump would love that kind of
profit!

It's not all that unusual in some businesses. But, there seems to be
a
magic
number, beyond which some people think it's excessive. Even the oil
industries profits would not be considered outrageous, if the
absolute
price
(which we pay) wasn't out of hand.

But it's not at all unreasonable. We pay about *half* of what the
European countries pay per gallon. I don't like paying it, but maybe
you'd like to explain how the US price is "out of hand", especially
compared to the rest of the world?


A sentient being would understand why what you have said is completely
illogical.

Nice dodge Doug. Why can't you answer the question? Maybe because it
doesn't fit your agenda, which is bashing the oil companies and wanting
the government to regulate more of your and my life.


Make up which of your identities you're going to use during this
particular
discussion, and stick with just one. I will not respond to both. Either
be
Bert, or Jack.

Doug, it is you that has the identity problem. Why have you switched
from posting as "Doug Kanter" to "JoeSpareBedroom"? Are you ashamed of
something? Are you afraid your "friends" will find out that you really
are an asshole? Just what was it that made you stop posting as "Doug
Kanter"?


Doug (Joe?) found himself in an indefensible position, so he resorted
to insults, then turned tail and ran.

Talking to yourself again?

Gasoline prices - another record high/ supply and demand
 

"Jack Goff" wrote in message
...
On Mon, 31 Jul 2006 22:25:00 GMT, "JoeSpareBedroom"
wrote:



Bzzzt. I asked first, and you haven't answered. Explain how the US
price is "out of hand".

The price elsewhere is completely irrelevant. That's your answer to the
Europe issue. As far as the price here, 25% to 35% of it consists of
trading
excess, like tech stocks before the bottom fell out. For stocks, it
doesn't
matter, because nobody is required to own them. For oil, the design of our
country (which only gets worse) mandates its use. The oil companies,
knowing
this, do whatever they want with the price. That's a crime, and should be
dealt with.


So now the US is an island, insulated from the rest of the world?
Everyone else is "irrelevant"? Really?

So the price is 25 - 35% "trading excess" (cite?), which is the
futures traders as you've said before, right? But then the oil
companies are to blame for the price, not the traders. Uh huh.

The same oil companies that "do whatever they want with the price" are
selling here at *half* the price as the rest of the world. And they
do this while taking, by any definition, a modest profit margin. You
are aware that their profits come on quantity, not margin?

Did the investment company run you off because of customer complaints,
or did you leave voluntarily?

Cripes, you're stupid. Look at each paragraph you just wrote, and see if you
can figure out what's wrong with them. Try it when sober, if that ever
happens.

Gasoline prices - another record high/ supply and demand
 

On Tue, 01 Aug 2006 03:51:26 GMT, Don White
wrote:

Jack Goff wrote:
On Mon, 31 Jul 2006 12:51:35 GMT, Don White
wrote:



Did I miss something?


Yeah... puberty and your calling to be a professional batboy. Just
two among a long list of thing that you missed, Donny.


Well at least I try to date real women. You wear out the Palm Sisters yet?

Fess up... Harry sent you that one via email, didn't he?