are the oil coperations bush's biggest allies, they sure are profiting while americans pay more at gas pump?

Question

read this article-http://news.yahoo.com/s/ap/20060726/ap_on_en_tv/tv_olbermann_s_feud_1 its form yahoo news-non partisan.

correction this is the correct source-http://news.yahoo.com/s/ap/20060727/ap_on_bi_ge/earns_exxon_mobil;_ylt=AqiRnBDKzGR5ml3rQ2fFQpOs0NUE;_ylu=X3oDMTA3OTB1amhuBHNlYwNtdHM-non partisan.

exxon mobiles profits have jumped 36 percent to 10 billion.

to steveraven-that was a great answer.

Answer 1

the neocon scum oil companies are ripping off the average amerikans, and BushCo/Halliburton is making millions $$$

Answer 2

You know perfectly well that President Bush has no connection with Halliburton, and never has. Oil producers and oil service companies are making a good profit right now, but have not always done so in the past and are not guaranteed of this in the future (J.P. Morgan expects crude to be about $40 a barrel in a year). If you think they're making such obscene profits, you're pretty stupid not to buy their stocks. Why don't you just stop your stupid lies and get a life, loser?

Answer 3

Oh no david c - what could be worse than a company making a profit? Did you know that the oil companies average somewhere around 9 or 10 percent on their capital - that is less than your favorite network makes. Oil companies have to make profits to invest in exploration for future oil production... david c, exploration means that they have to look around for more oil, drill in many different places to find the next reserve - it's a dirty business and it requires a lot of time and effort and manpower...

david c - talking about oil companies making nasty profits, and oil companies make less of a percentage of a return on their capital than Starbucks or even the company that makes your diapers - are you angry about your diaper company making a profit, too?

Your liberal media, david c, and this is why you are such an infantile moron, even with all of your degrees, talk about corporate profits in terms of dollars, and they make it sound obscene. Why don't they discuss profits as a return on capital, as that is where the rubber hits the road? Do you know why they discuss it these terms david c - so they can convince lazy thinkers like you and other liberals that oil companies are bad and that they are the nasty friends of our President...

Answer 4

Where is Bush from, Texas. Bush Jr. is completing, what Bush Sr. promised to the oil companies during his brief stay as president. Is it just a coincident that Chaney is a former vp of Halibutron who made billions of recieving no bid government contracts to rebuild Iraq. And since they have been plunged into civil war by the political instability caused by the americans how much of Iraq has been rebuilt.

Answer 5

Well, I doubt they don't help Bush any, after all, he is from texas....however, we've shot ourselves in the foot.
First of all, why haven't we been trying to run cars on other fuels? Sure, the colleges have had some success, but we need to go further.
Secondly, is why we're so hooked on Oil....if we closed our borders, and just used our own oil, the prices would plummet....don't believe the hype, that without forgien oil, if a war started, we'd run out. Simply put, if somehow we burned through all our oil, from texas, Wyoming, and Alaska, we still have the ethanol plants to produce.
Brazil, in a stroke of genius, did just that...and now, they're free from the monkey.
Lastly, if you want to hit the oil companies where it hurts, just go get out your tenspeed....it's non-polluting, doesn't require gas, just a candy bar, and you'll feel a little better.

Answer 6

As often as you ask this inane question, I can respond to it. Thanks to increased worldwide demand for petroleum especially in Red China and India coupled with little or no change in production of same from OPEC, the world price is rising. I know you lefties have trouble with the concept of the law of supply and demand but that is how it works. Naturally, that is going to translate into increased profits for oil companies. Why do you think Red China was trying to buy up controlling interest in an oil company?

Answer 7

You pay more in taxes on gas than the oil companies make in profit per gallon .
Oil by products go into plastics , fabrics , medicines , asphalt , carpeting , lots of things . So all their profit is not from gasoline .
Blame all the tax hungery politicians who voted for the taxes you pay on a gallon of gas.
Do you hear anybody calling for a tax cut ?

Answer 8

Yes, they profit out of people's work. OF course they Cons think the EXXON CEOs are the only ones working hard to make a living.

Answer 9

Thank you once again for an UNBIASED report. Very nice. Yes, the are all getting very rich from "failed" policy.

You could to by buying stock or by investing in commodities...but of course YOU will have to deal with the one thing they don't have too.....RISK

Answer 10

Of course they are, wait I thought it was about supply and demand, yeah right. I'm sure Bush and Cheney are doing very well.