[QUOTE=ULTRA26 # 1;2892322]Grow up, would you please.
QUOTE]
So? Why not 1000% Ulefty? Why do they only bend you over 9% when they could bend you over 2000%?
They are big mean and all powerful aren't they?
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[QUOTE=ULTRA26 # 1;2892322]Grow up, would you please.
QUOTE]
So? Why not 1000% Ulefty? Why do they only bend you over 9% when they could bend you over 2000%?
They are big mean and all powerful aren't they?
So? Why not 1000% Ulefty? Why do they only bend you over 9% when they could bend you over 2000%?
They are big mean and all powerful aren't they?
:) :) :idea:
Grow up, would you please.
No names. You stated that didn't buy my statement for a minute. This implys that I am not telling the truth, or that I am lying. You don't understand this?
So, everytime someone states something you don't buy, that will be interpreted as you calling them a liar. You insinuated previously by my post that I'm somewhat less knowledgeable than you in this area(and thats putting it nicely). So, I'm going to interpret that as you calling me a dumbxxck. I find it curious you didn't discount my statements about your industries business model. If you want to turn this into some type of personal attack, then so be it. And i inturn will do the same. I don't run my life running around insulting people, and I inturn expect the same. The difference with me is I actually go to Havasu and I have no problem dealing with someone man to man! Thats a dangerous path to go down, over people discussing an issue!
:) :) :idea:
Come on Ulefty it's a simple question, don't go all Hillery on us.
Why don't they charge more than 9% profit if they are bending you over?
The man is a piece of work indeed........:D
CC, you've struck the nail directly on the head. Socialism LIVES.....It's called Liberalism and it's a diease. Many Libs like our buddy are in denial, but it's there.
Right it is just a CLOAK NAME/CODE WORD the lefties use for their Grand Nanny State and end Game of Full Blown Communism. Others would be Progressive Free thinking National These worthless Dirt-Balls have never spent a day in the real world and running a business.
Profit Margin
A ratio of profitability calculated as gross earnings divided by revenues (or, said another way, gross profits divided by sales). It measures how much out of every dollar of sales a company actually keeps in earnings.
Profit margin is very useful when comparing companies in similar industries. A higher profit margin indicates a more profitable company that has better control over its costs compared to the competitors in the industry. Profit margin is displayed as a percentage a 20% profit margin, for example, which means that the company has a net income of $0.20 for each dollar of sales.
Investopedia Commentary
Looking at the earnings of a company often doesn't tell the entire story. Increased earnings are good, but an increase does not mean that the profit margin of a company is improving. For instance, if a company has costs that have increased at a greater rate than sales, it leads to a lower profit margin. This is an indication that costs need to be under better control.
Related Links
The Bottom Line On Margins
See also: After Tax Profit Margin, Du Pont Identity, Net earnings, Revenue
Profit Margin
A ratio of profitability calculated as gross earnings divided by revenues (or, said another way, gross profits divided by sales). It measures how much out of every dollar of sales a company actually keeps in earnings.
Profit margin is very useful when comparing companies in similar industries. A higher profit margin indicates a more profitable company that has better control over its costs compared to the competitors in the industry. Profit margin is displayed as a percentage a 20% profit margin, for example, which means that the company has a net income of $0.20 for each dollar of sales.
Investopedia Commentary
Looking at the earnings of a company often doesn't tell the entire story. Increased earnings are good, but an increase does not mean that the profit margin of a company is improving. For instance, if a company has costs that have increased at a greater rate than sales, it leads to a lower profit margin. This is an indication that costs need to be under better control.
Related Links
The Bottom Line On Margins
See also: After Tax Profit Margin, Du Pont Identity, Net earnings, Revenue
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 :confused: Just a dumb uneducated pinko commie. :D
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 :confused: Just a dumb uneducated pinko commie. :D
Clue Leftie; No Profit No Company Got that?? But wait in the wonderful wacky land of lib-OZ if you need money just raise prices see post office! But in the real world of DemocRats profit is a bad word, now I got it!!!!!!!!!!!!!!
Clue Leftie; No Profit No Company Got that?? But wait in the wonderful wacky land of lib-OZ if you need money just raise prices see post office! But in the real world of DemocRats profit is a bad word, now I got it!!!!!!!!!!!!!!
Steve, apparantly you haven't had your shots today. Now what did Nurse Ratchet tell you about skipping your meds.
Don't be a dullard is hardly name calling,
No. A 315% increase would mean that if Marathon made a $100 pre-2004. Between 04 and 06 that they made $415. Profit vs cost is moot, when discussing increased profit. The only factor is initial profit.
You obvioulsy can't handle your needs with a Hugo and nor can your daughter. More than not, this isn't the case.
My points are valid to many. Don't try and spin this issue into talking points BS., Tax, are you saying that you can't afford to own a second or third vehicle that good gas mileage or you saying that you just chose not to? Seems to me it's the later.
HUgo huh.:D
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????:eek: :D :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: :D
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: :D
P.S.- Don't take it personal and notice I didn't go into your short fuse with that temper of yours.:devil: :D
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 :confused: Just a dumb uneducated pinko commie. :D
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.
HUgo huh.:D
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????:eek: :D :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: :D
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: :D
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 :D
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.
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?
Hey Ultra, who sets the price of gasoline?:idea:
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!
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
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 :confused: Just a dumb uneducated pinko commie. :D
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.:rolleyes:
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.
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?:rolleyes:
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.:rolleyes: :rolleyes:
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.
Do you have a problem with this? I don't
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
Ray I agree that we have it better than some.
http://money.cnn.com/2006/07/27/news/companies/exxon/
At the volume gasoline is sold, a 3 to 5% margin of profit would still net Big Oil Billions in profit.
I guess I'm not smart enough to talk business with all of the ultra sucessful money poeple on HB. So I think I will STFU and keep driving my little car and continue to laugh all the way to the bank :D :D :D
Ray I agree that we have it better than some.
http://money.cnn.com/2006/07/27/news/companies/exxon/
At the volume gasoline is sold, a 3 to 5% margin of profit would still net Big Oil Billions in profit.
I guess I'm not smart enough to talk business with all of the ultra sucessful money poeple on HB. So I think I will STFU and keep driving my little car and continue to laugh all the way to the bank :D :D :D
What other corporations would you like to dictate how much money they are allowed to make? It is this line of thinking that scares the hell out of most non liberals.
Apple makes a profit margin of over 50% per Iphone. Should that be regulated? Should they be capped at say 15%? What about shareholders of Apple? Should there even be shareholders of Apple or should the government just control every aspect of business?
These questions are not leaps when one starts to complain that a 9% profit margin is too much. You and I have discussed the amount of money we make per year. How would you like it if a politician looked at the amount you make and said "you know what, you can live on far less. We are going to take everything you make over 50K a year".
What other corporations would you like to dictate how much money they are allowed to make? It is this line of thinking that scares the hell out of most non liberals.
Apple makes a profit margin of over 50% per Iphone. Should that be regulated? Should they be capped at say 15%? What about shareholders of Apple? Should there even be shareholders of Apple or should the government just control every aspect of business?
These questions are not leaps when one starts to complain that a 9% profit margin is too much. You and I have discussed the amount of money we make per year. How would you like it if a politician looked at the amount you make and said "you know what, you can live on far less. We are going to take everything you make over 50K a year".
I see oil as I do utilities. I also see oil as a necessity right up there with food and clothes.
They have for many years, especially since I started getting hit with AMT.
Help me with this. Why doesn't the price of gas follow the price of oil?
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
To achieve 30%, divide cost by .70
By the way I beleive Ultra is ignoring my question, "Hey Ultra, who sets the price of gasoline?"
I see oil as I do utilities. I also see oil as a necessity right up there with food and clothes.
They have for many years, especially since I started getting hit with AMT.
Help me with this. Why doesn't the price of gas follow the price of oil?
Ultra, who sets the price of gasoline?
Are you also suggesting we allow the government to regulate gas, food, and clothing? They regulate utilities......:idea:
Which brings forth another question, is Cable TV a utility? Which leads us to is a Utility a necessity?
Wellllllll......??????
Ultra, who sets the price of gasoline?
Are you also suggesting we allow the government to regulate gas, food, and clothing? They regulate utilities......:idea:
Which brings forth another question, is Cable TV a utility? Which leads us to is a Utility a necessity?
Wellllllll......??????
I have inside info that said John is at one of his kid's basketball games this evening, he'll be back..........MP
I see oil as I do utilities. I also see oil as a necessity right up there with food and clothes.
They have for many years, especially since I started getting hit with AMT.
Help me with this. Why doesn't the price of gas follow the price of oil?
You may look at gas as an utility but it's not. Is it absolutely neccasary to put 100 gal in your boat and burn it all weekend? If you want government to regulate gasoline prices then they would have to regulate what is necessary travel also. That means no more driving up to the mountain to watch the sunset. The wife cannot just go window shopping at the mall for the hell of it and families can nolonger go on vacation as it in not a necesity to see Mickey Mouse. In fact very little of our driving habbits are necesity. In fact there is public transpotation for getting to work so you cannot count that one either.
You may look at gas as an utility but it's not. Is it absolutely neccasary to put 100 gal in your boat and burn it all weekend? If you want government to regulate gasoline prices then they would have to regulate what is necessary travel also. That means no more driving up to the mountain to watch the sunset. The wife cannot just go window shopping at the mall for the hell of it and families can nolonger go on vacation as it in not a necesity to see Mickey Mouse. In fact very little of our driving habbits are necesity. In fact there is public transpotation for getting to work so you cannot count that one either.
That works if you have a million people in 800 sq blocks......Not so well if you have a million people in 800 sq miles........Most sucessful public transportation was in place as the population grew....As cities and suburbs expanded the public part of transportation lagged way behind, as now is evidenced in the greater LA areas.........Here in Ventura county, a 25 minute car trip is a 2 hour bus ride, EACH WAY...........The sucessful transit systems took advantage of our habits and our way of life. It is a given in NYC that you're going to ride the subway, people always have and always will. But here in So Cal people have always driven themselves, and as creatures of habit, always will. So efforts of mass transit will struggle to break even and require govenment subsities to survive.....Rising gas prices MAY change a few habits, but in the long run people here will drive. In my own personal experience a job in Camarillo, 7 minutes by car, is almost an hour by bus........Turns an 8 hour day into a 10 hour day.......Is 2 hours worth the gas? And does that make it a necessity.........MP
That works if you have a million people in 800 sq blocks......Not so well if you have a million people in 800 sq miles........Most sucessful public transportation was in place as the population grew....As cities and suburbs expanded the public part of transportation lagged way behind, as now is evidenced in the greater LA areas.........Here in Ventura county, a 25 minute car trip is a 2 hour bus ride, EACH WAY...........The sucessful transit systems took advantage of our habits and our way of life. It is a given in NYC that you're going to ride the subway, people always have and always will. But here in So Cal people have always driven themselves, and as creatures of habit, always will. So efforts of mass transit will struggle to break even and require govenment subsities to survive.....Rising gas prices MAY change a few habits, but in the long run people here will drive. In my own personal experience a job in Camarillo, 7 minutes by car, is almost an hour by bus........Turns an 8 hour day into a 10 hour day.......Is 2 hours worth the gas? And does that make it a necessity.........MP
I agree with you. That not all areas have efficient public transportation. Yeah it would turn a 8hr day into a 10 and 12hr day. But my point was it is not an imperitive necesity to drive to work. There are other means if you had to. I do not believe in government regulation. With exception of a very few things. My point was that 90% of our driving habbits are not necesity but pleasure and as such it is not comparable to utilities.
I agree with you. That not all areas have efficient public transportation. Yeah it would turn a 8hr day into a 10 and 12hr day. But my point was it is not an imperitive necesity to drive to work. There are other means if you had to. I do not believe in government regulation. With exception of a very few things. My point was that 90% of our driving habbits are not necesity but pleasure and as such it is not comparable to utilities.
Agreed, gasoline and utilities are not in the same league. I seem to remember back when things were regulated, AT&T, milk, etc etc.. Then regulations were lifted for competitive pricing to benefit the consumer, and the consumer, (you and me) took it in the ass...............Higher prices and less bang for the buck.....Then there were stories going the other way, un regulated to regulated.....And the consumer, again you and me, took it in the ass again.........Damn politicans...............MP
You may look at gas as an utility but it's not. Is it absolutely neccasary to put 100 gal in your boat and burn it all weekend? If you want government to regulate gasoline prices then they would have to regulate what is necessary travel also. That means no more driving up to the mountain to watch the sunset. The wife cannot just go window shopping at the mall for the hell of it and families can nolonger go on vacation as it in not a necesity to see Mickey Mouse. In fact very little of our driving habbits are necesity. In fact there is public transpotation for getting to work so you cannot count that one either.
The part about gasoline for pleasure I agree with, but there is large portion of gasoline that is needed to get to work. Not all areas have public transportain, not to mention that oil is a natural resource, being that is comes from the earth. We don't agree about this and that's fine.
The part about gasoline for pleasure I agree with, but there is large portion of gasoline that is needed to get to work. Not all areas have public transportain, not to mention that oil is a natural resource, being that is comes from the earth. We don't agree about this and that's fine.
sure there are alot of areas that do not have public transportation making a car a nececity to get to work. But for many others like myself and from the looks of it you do not live in the boonies, it is more of a convenience than a nececity. for me it only takes 15 min by car to work. But would take 45min + by bus. That makes it far more convenient for me to drive. But if I didn't have a car there is no excuse for me to not be able to get to work. It just would take more time out of my day. People back east do it all the time. My brother in law lives in Jersey but works in Manhatten. He spends 1-1/2 hours each way. But it's still way cheaper than driving especialy with the prices they pay to park in Mqanhatten. I was there in June and went to B&H Photo in Manhatten and it cost me 25 bucks for 2 hrs. And I know for myself I burn way more gas in theother things I do than driving to and from work. It is in no way comparable to say Natural Gas to heat my house. SWG is the only providor for natural gas for quite a few states and that gives them a Monopoly. That's where Gov. regulation comes in hand.
sure there are alot of areas that do not have public transportation making a car a nececity to get to work. But for many others like myself and from the looks of it you do not live in the boonies, it is more of a convenience than a nececity. for me it only takes 15 min by car to work. But would take 45min + by bus. That makes it far more convenient for me to drive. But if I didn't have a car there is no excuse for me to not be able to get to work. It just would take more time out of my day. People back east do it all the time. My brother in law lives in Jersey but works in Manhatten. He spends 1-1/2 hours each way. But it's still way cheaper than driving especialy with the prices they pay to park in Mqanhatten. I was there in June and went to B&H Photo in Manhatten and it cost me 25 bucks for 2 hrs. And I know for myself I burn way more gas in theother things I do than driving to and from work. It is in no way comparable to say Natural Gas to heat my house. SWG is the only providor for natural gas for quite a few states and that gives them a Monopoly. That's where Gov. regulation comes in hand.
AZM, I understand what you are saying. Most of my anger at big oil is not a result of today's prices and profits. 05 and 06 oil profits were insane. If the price of gas was to remain as it is today, vs the cost of oil, I wouldn't complain. But IMO in won't. I do respect your opinion and you make sense.
I have inside info that said John is at one of his kid's basketball games this evening, he'll be back..........MP
He's mad at me. Got his feelings hurt and is ignoring me.
The old "he can dish it out but can't take it" apparently applies.
OK, just for the sake of arguement lets agree that there is Global Warming. How does anyone know IF its man-made or a natural occurance? And If its man-made how does any pro global warming person account for the warming of Mars, that is warming at about the same rate the earth is? Could it be that the planets are warming because the Sun is getting hotter? What say you now, Algore?:idea:
Actually it is believed that Mars is warming because it is in a warming phase in it's "solar wobble". Our Ice ages and warming trends are also influenced by our own "solar wobble", in addition to solar activity. "Greenhouse gasses" have always been thought to be a lesser factor in our warming/cooling cycles than "solar wobble" and solar activity. Galileo Galilei actually was the first to notice that climite warming was associated with increased sunspot activity.
P.S. I'm no expert, but I do have scientists in my family (my father and step father) and I did take climatology in college.
Ultra, who sets the price of gasoline?
Are you also suggesting we allow the government to regulate gas, food, and clothing? They regulate utilities......:idea:
Which brings forth another question, is Cable TV a utility? Which leads us to is a Utility a necessity?
Wellllllll......??????
The price of gasoline is established by many factors, two which are supply and demand, and the price of crude.
No.
No, cable TV is not a utility.
Wellllllllll what?
He's mad at me. Got his feelings hurt and is ignoring me.
The old "he can dish it out but can't take it" apparently applies.
Feelings hurt about what? Are you OK?
The price of gasoline is established by many factors, two which are supply and demand, and the price of crude.
I have not found anyone or any where that has actually answered the question specifically. I wonder why? I agree with what you've stated and it's mostly in line with what I think and what apparently others think, but it surely seems there must be more to it as far as a set formula. Plus who exactly determines the formula?
The Commodities Market for a large part must set the prices?
OPEC has a lot of say in the price of crude.
Available supply effects the cost of gasoline but there certainly seems more to than that. I'm pleading ignorance and continue to be very curious exactly how the prices are determined. Per barrel cost on the Commodities Exchange seems the most evident, but I really don't know.
I know right now we have a lack of rigs in the Gulf of Mexica because drillers are getting at least double the daily rate in SA, Africa, and Asia. This surely leads to a shortage in domestic supply for the future.
Texas rig builders (including a growing number of Chinese firms) right now are covered up building and refurbing equipment going out of the country. Again, drilling is happening more overseas and probably helping drive up prices.
Someone??????
Actually it is believed that Mars is warming because it is in a warming phase in it's "solar wobble". Our Ice ages and warming trends are also influenced by our own "solar wobble", in addition to solar activity. "Greenhouse gasses" have always been thought to be a lesser factor in our warming/cooling cycles than "solar wobble" and solar activity. Galileo Galilei actually was the first to notice that climite warming was associated with increased sunspot activity.
P.S. I'm no expert, but I do have scientists in my family (my father and step father) and I did take climatology in college.OK, I'll accept that. Wobble or the Sun getting hotter, either/or. Point being is that the climate change is not man-made and beyond our control. The people that want to make it political are the ones that stand to profit from the hype. These same people want to control more of our lives and reap tax $$$$ from the revenue collected from taxation and the sale/trading of carbon credits. Funny how the phrase "Global warming" got dropped like a hot potato when someone brought up "Global cooling" and all the hype that went with that in the 1970s. Now is called "Climate Change"... covers all bases no matter what the weather does. If it rains on a day that it didn't 3 years ago then it must be "Climate Change" and we're all doomed. If it snowed in an area that usually doesn't get snow...its "Climate Change" and "We need to do something about it now before its too late" If there is a drought somewhere then it most definitly "Climate Change" and "greenhouse gasses" need to be eliminated ASAP. If Co2 is so bad then why does all plant life need it to convert to oxygen via photosynthesis? Did Algore address this in his blockbuster movie?.....I dunno, didn't see the movie, I didn't want to contribute to 'Global Warming'.....Sorry....'Climate Change' by driving my car to the theater.:D
I have not found anyone or any where that has actually answered the question specifically. I wonder why? I agree with what you've stated and it's mostly in line with what I think and what apparently others think, but it surely seems there must be more to it as far as a set formula. Plus who exactly determines the formula?
The Commodities Market for a large part must set the prices?
OPEC has a lot of say in the price of crude.
Available supply effects the cost of gasoline but there certainly seems more to than that. I'm pleading ignorance and continue to be very curious exactly how the prices are determined. Per barrel cost on the Commodities Exchange seems the most evident, but I really don't know.
I know right now we have a lack of rigs in the Gulf of Mexica because drillers are getting at least double the daily rate in SA, Africa, and Asia. This surely leads to a shortage in domestic supply for the future.
Texas rig builders (including a growing number of Chinese firms) right now are covered up building and refurbing equipment going out of the country. Again, drilling is happening more overseas and probably helping drive up prices.
Someone??????
Come on Tex. Since none of us know but you, please tell us. :rolleyes:
http://www.econedlink.org/lessons/in...4&page=teacher