Global Warming-"Greatest Scam in History"

[AzMandella]

You know it's funny but when they released the top paid 50 CEO's of 2006 only 2 Oil CEO's made the list. They were in the bottom 50%. But I never hear people bitchen and moaning that their paying to much for their Ipods and computers. Yes thats right Steve Jobs of Apple was #1 with $600,000,000.If I remember right the highest oil CEO was around 350 - 400 mil. So if a few cents a gallon is bad imagine what he makes per Ipod or desktop. Remember this is a FREE Enterprise system.

[ULTRA26 # 1]

You know it's funny but when they released the top paid 50 CEO's of 2006 only 2 Oil CEO's made the list. They were in the bottom 50%. But I never hear people bitchen and moaning that their paying to much for their Ipods and computers. Yes thats right Steve Jobs of Apple was #1 with $600,000,000.If I remember right the highest oil CEO was around 350 - 400 mil. So if a few cents a gallon is bad imagine what he makes per Ipod or desktop. Remember this is a FREE Enterprise system.
Maybe I remember this wrong but it seems that Exxon'ss profits last year were off the charts higher the other corps, with the exception of other Oil

[AzMandella]

Maybe I remember this wrong but it seems that Exxon'ss profits last year were off the charts higher the other corps, with the exception of other Oil
I'm sure both made far more overall. But this is what the CEO was paid for the year.

[TonkaDriver]

Maybe I remember this wrong but it seems that Exxon'ss profits last year were off the charts higher the other corps, with the exception of other Oil
You are wrong, During the congressional hearings where a bunch of self serving politicains lambasted oil execs The facts were 9 to 10% profit margins. Ask Apple or Microsoft to post those margins and there would be a stockholder revolt. What would happen if the oil companies did what other retailers do and marked their product up 400% like Jewelers and then had 50% off sales where the net is still 100% over the product cost?
I wonder what your insurance company's profit margin was this year? If you look at profit as a percentage they are not out of line. If your brocker was only bringing you 9% on your investments you would be looking for another broker or you should be.

[redneckcharlie]

The retailer $.01 a gallon The Company $.37 if it refines it's own.
Again, retailer $.01 Company $.37
Doesn't this seem a little off?
Alan,
Read the link in my previous post
I'm curious, what s the profit margin in your industry? The point of the retailer making much less is fairly moot. That retailer went into business knowing what the margin is. That is their choice. The fuel margin may be small, but if your going to use that as an argument, you need to show what the margin is on the rest of the merchandise that is sold. IE, soda, candy, cigarettes, etc.

[Old Texan]

Flyinbowtie-
Great Post!!!!!

[OKIE-JET]

Flyinbowtie-
Great Post!!!!!
Agreed!

[centerhill condor]

Maybe I remember this wrong but it seems that Exxon'ss profits last year were off the charts higher the other corps, with the exception of other Oil
Exxon was the world's largest company until just about 6 months ago...shouldn't they have the biggest profits? They're in it for the money right?
CC

[Schiada76]

GREAT post FBT.
Ultra, why can't you socialists understand profit margin as a percentage of gross?

[ULTRA26 # 1]

I'm curious, what s the profit margin in your industry? The point of the retailer making much less is fairly moot. That retailer went into business knowing what the margin is. That is their choice. The fuel margin may be small, but if your going to use that as an argument, you need to show what the margin is on the rest of the merchandise that is sold. IE, soda, candy, cigarettes, etc.
Net profit is between 4 and 5%, at the highest
Sorry but 75 billion annual profit seems excessive, but then most of your guys are so wealthy you don't mind paying $4.00, soon to be $5.00 a gallon for diesel. As it is today, with crude being over $90 a barrel, oil company profits are not at the level they have been in recent years. I blame the American people as much as blame big Oil. How many of you guys are driving trucks as your daily drivers? How many or your wives are driving V8 SUV's? Until the American people stop using excessive amounts of fuel, we can count on excessive oil company profits and high prices at the pump. Fools.
Exxon was the world's largest company until just about 6 months ago...shouldn't they have the biggest profits? They're in it for the money right?
CC
CC what is the largest company now?
GREAT post FBT.
Ultra, why can't you socialists understand profit margin as a percentage of gross?
Is there another way to measure profit?