Global Warming-"Greatest Scam in History"

[never_fast_enuf]

Nfe, some good info. Not sure why the NeoClowns like paying more than they should for fuel. 9% this month, 15% same time a year ago, and I guaranty the % will rise again.
People seem to think that our Company's 5% net profit on a 150 million in sales in lean. Seems to me to me this a very healthy profit, but then what do I know about making money Just a dumb uneducated pinko commie.
Look, I don't enjoy paying higher gas prices either but you can't pin the blame on the Oil companies. Their profit margin is essentially the same as it has been for years and is right in line with other big industry.
The fact is, oil companies are in business to make a profit. They are in business to make money for the owners and shareholders....period.
If they had boosted their margins during the last several years, you would have an argument but they haven't. They have sold record amounts of fuel and when you combine that with the steep rise in the cost of crude, of course they will show record income. I just don't see how you can gripe about record top line revenue when their profit margin hasn't risen.
Lastly, the government makes more on a gallon of gas than the oil companies do and they don't have the expense and exposure of getting it out of the ground, refining it and getting it to the pumps. They just sit back with their hands out.

[ULTRA26 # 1]

HUgo huh.
Ultra, I do choose not to own a "Hugo" or a compact due to the fact I just don't have the room. I own 3 vehicles. 2 trucks and an older Porsche. I own 3boats. I own 2 tractors. I live on 2 lots in a gated resort subdivision and have boat storage off property. My youngest daughter lives with me (temporarily 'til the new house is done), which is 1 more car and her fiance "thinks" he lives here, 1 more truck. Point is it isn't prctical to own more vehicles. Get the picture?????
Like it or not you don't get the picture with oil companies, business profit, your "neocon" nonsense about the rest of us not caring about high energy prices, and other topics I'm beginning to feel are more numerous than first thought.
You continually take posts out of context and do as much or more name calling than anyone here. You are often dense when it comes to satirical statements and have a highly elitist opinion of many. How's that grab ya???? :devil:
You've got Charlie wound up trying to deal with your lack of business knowledge calling him akin to stupid, just because you don't agree and yet can't baclk up your pointbecause it's weak. And quite frankly you're just pretty much unreasonable. :idea:
Now that I have all that out in the open I will return to my elderly, out of my element, neocon, angry, ridiculous, equal rights denying life......:devil:
P.S.- Don't take it personal and notice I didn't go into your short fuse with that temper of yours.
Sure I get the picture. It isn't conveient for you to own a small vehicle or you chose not to.
I forgot that you get the picture, and guys like me who are smart enough to understand profit.
With regard to name calling (with the exception of one goofy engineer) you're a bit of. It seems you say anything you can to get a rise out of me, whether is true or not.
You're comments regarding my lack of business knowlegde are funny. As I recall Charlies called me "AKIN": to a liar, so I thought I should point out his comments wree wrong.
Now that I have all that out in the open I will return to my elderly, out of my element, neocon, angry, ridiculous, equal rights denying life OK
Look, I don't enjoy paying higher gas prices either but you can't pin the blame on the Oil companies. Their profit margin is essentially the same as it has been for years and is right in line with other big industry.
The fact is, oil companies are in business to make a profit. They are in business to make money for the owners and shareholders....period.
If they had boosted their margins during the last several years, you would have an argument but they haven't. They have sold record amounts of fuel and when you combine that with the steep rise in the cost of crude, of course they will show record income. I just don't see how you can gripe about record top line revenue when their profit margin hasn't risen.
Lastly, the government makes more on a gallon of gas than the oil companies do and they don't have the expense and exposure of getting it out of the ground, refining it and getting it to the pumps. They just sit back with their hands out.
Actually, they have operated at different profit margins over the last few years. While prices are gas prices are high now, profit margins are down. Profits right now, while still very high, are more in line. The profit margin last year and year before were obscene. If oil stays near $100, expect the price of gas to rise until it's over $5.00 per gallon. With regard to the tax the Govt receives, I guess we could eliminate it and drive on dirt and gravel roads.

[never_fast_enuf]

Take a look at this Ultra and tell me what you think.
Lets say you build a widget that costs you $100.00 per widget. You in turn sell that widget for $110.00 You make a profit of 10 bucks per widget (10% margin). If you sell 1000 widgets per year, your top line revinue is $110,000.00 with a profit of $10,000.00
Now, one year later, consumption of your widget is way up. In fact, you sell 2000 widgets. The down side is that your cost to make them is now $200.00 per widget. You don't lower your 10 points of margin so you now sell them to the public for $220.00 per widget. NOW you make a profit of $20.00 per widget. Are you screwing your customers?
Doing the math, that means you had a massive record top line revenue of $440,000.00 and profit of $40,000.00!!! That profit is 400% higher than last year. Again, did you screw your customers?

[Old Texan]

Hey Ultra, who sets the price of gasoline?:idea:

[Steve 1]

Steve, apparantly you haven't had your shots today. Now what did Nurse Ratchet tell you about skipping your meds.
Skipping Meds??? Why you would be the forum expert on that!

[Moneypitt]

This .20 cents per dollar sold is not a 20% profit margin........Example, you pay $1.00 for a widget....You mark it up 30%......Sale price is $1.30, right.....That is not a 30% profit as you have bought the widget for 76.9% of what you sold it for....A 23.1% profit...........The multipliers are 1.42 for a 30% profit, (or cost $1.00, sell at $1.42= 30% profit).....1.67 = 40%.........So a widget bought for $1.00 needs to sell for $1.67 to make a 40% profit.....MP
The oil companies look like the villans, but it is based on BILLIONS of gallons being sold worldwide. Even a few cents per gallon adds up quickly when you consider the number of gallons sold.......We have it very good compared to other places around the globe, our gas is the cheapest in the modern world......MP

[Schiada76]

Nfe, some good info. Not sure why the NeoClowns like paying more than they should for fuel. 9% this month, 15% same time a year ago, and I guaranty the % will rise again.
People seem to think that our Company's 5% net profit on a 150 million in sales in lean. Seems to me to me this a very healthy profit, but then what do I know about making money Just a dumb uneducated pinko commie.
No ultra we don't like paying more for gas, we're just smart enough to not lay blame where it isn't due and epect the government to make it all warm and fuzzy again.

[never_fast_enuf]

With regard to the tax the Govt receives, I guess we could eliminate it and drive on dirt and gravel roads.
The federal gas tax was levied back in 1956 with the promise of finishing the interstate highway system. Well, that system was completed by 1982.
A share of the federal tax is diverted to purposes other than roads, including urban mass transit, ferry boats, railroads, historic renovation, hiking trails, landscaping, covered bridges, scenic byways and Appalachian redevelopment.
The feds also hold this money ransom, forcing states to comply with a variety of mandates from drinking ages, to blood-alcohol content, clean-air standards, law enforcement, union contracts and more.

[Schiada76]

Actually, they have operated at different profit margins over the last few years. While prices are gas prices are high now, profit margins are down. Profits right now, while still very high, are more in line. The profit margin last year and year before were obscene. If oil stays near $100, expect the price of gas to rise until it's over $5.00 per gallon. With regard to the tax the Govt receives, I guess we could eliminate it and drive on dirt and gravel roads.
This is where your liberal lack of business acumen really shines through.
Companies don't change their targeted profit margin year by year, they have good years and bad years. Why don't broaden your research to include the years the oil companies were negative?

[Schiada76]

The federal gas tax was levied back in 1956 with the promise of finishing the interstate highway system. Well, that system was completed by 1982.
A share of the federal tax is diverted to purposes other than roads, including urban mass transit, ferry boats, railroads, historic renovation, hiking trails, landscaping, covered bridges, scenic byways and Appalachian redevelopment.
The feds also hold this money ransom, forcing states to comply with a variety of mandates from drinking ages, to blood-alcohol content, clean-air standards, law enforcement, union contracts and more.
The State here steals it too.
When will these libs start screaming about the 40% out right waste of tax dollars the way they do about business?
Oh wait, never, they loooooove socialism.