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Old 03-25-2012, 02:06 PM
 
Location: Blankity-blank!
11,446 posts, read 16,188,106 times
Reputation: 6963

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From reading some of the threads about the increase in gas prices I started this one.
Americans should suggest more ways for oil companies to rake in bigger profits. As the consumer how can you help them?
And, BTW, God Bless America!
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Old 03-25-2012, 02:38 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
Reputation: 27720
Just point them in the direction of GE for an example. GE beats any of the oil companies hands down for keeping profits and even getting credits from the USG. Having an "in" with the administration also helps.

LOL..fingers point to the oil companies and right under your nose is GE.
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Old 03-25-2012, 02:54 PM
 
Location: Sarasota FL
6,864 posts, read 12,080,222 times
Reputation: 6744
Better than looking to GE as an example, take a look at the profits of Apple. Every year Apple has profit margins of 28% to 32%
People wait in line to spend hundreds of dollars for the lastest toy that was made by people being paid 50 cents an hour.
Oil companies average about 6% a year and people think it's too much.
The company generating the electricity for you to read this gets [and is guaranteed] more than 6%
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Old 03-25-2012, 03:09 PM
 
Location: One of the 13 original colonies.
10,190 posts, read 7,954,135 times
Reputation: 8114
I am all for them making profits.
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Old 03-25-2012, 03:19 PM
 
15,912 posts, read 20,201,643 times
Reputation: 7693
Profits

Oil companies

Corporations

Share the wealth
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Old 03-25-2012, 03:37 PM
 
Location: Berwick, Penna.
16,216 posts, read 11,335,819 times
Reputation: 20828
And let's not forget that it's GE who manages (P)MSNBC.
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Old 03-25-2012, 03:42 PM
 
Location: North America
14,204 posts, read 12,281,720 times
Reputation: 5565
Oil Industry Profit Margin Ranks Fairly Low: There Are Bigger Fish - Seeking Alpha

They should become an equity fund or go into publishing .
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Old 03-25-2012, 04:52 PM
 
3,566 posts, read 3,733,875 times
Reputation: 1364
Quote:
Originally Posted by plwhit View Post
Profits

Oil companies

Corporations

Share the wealth
You want to share in the wealth of oil companies? Buy stock. That's the way it's done in a free market economy. On the other hand if you want oil company property and profits seized for your benefit maybe you should emigrate to Venezuela. Chavez specializes in that.
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Old 03-25-2012, 05:18 PM
 
9,848 posts, read 8,283,089 times
Reputation: 3296
Quote:
Originally Posted by Visvaldis View Post
From reading some of the threads about the increase in gas prices I started this one.
Americans should suggest more ways for oil companies to rake in bigger profits. As the consumer how can you help them?
And, BTW, God Bless America!
No matter what profit you think an oil company gets for providing gas, think more about the fact that the government taxes 500% or more in tax than oil makes for profit and government did nothing to get the gas to you.

Does that make you feel better?
God Bless BIG government at work?
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Old 03-25-2012, 05:21 PM
 
Location: Pluto's Home Town
9,982 posts, read 13,763,920 times
Reputation: 5691
Well, Cheney should be getting his juice back. Give him a cabinet position...
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