Why are they all screaming about gouging and the record profit margins the oil companies keep turning in regularly if the Republicans say it is supply and demand. They wouldn't be making record profits if that was true. America knows that it is forced inflation from our fearless leader, and the Neocons are going to pay dearly for this violation of American human rights at the polls in November. Record profits and Christian values don't mix.
2006-07-28 05:28:38 · 14 answers · asked by Jenny_is_Hot 6 in Politics & Government ➔ Politics
Keep up the charade neocons your making America left more everyday with your nonsense.
2006-07-28 05:38:37 · update #1
$55,000 a minute for BP. Shameless.
You know, the government does give subsidies to oil companies, and haven't even mentioned the possibility of stopping that. SO, yes, the government IS responsible for such high profits.
2006-07-28 05:39:24 · answer #1 · answered by hichefheidi 6 · 10⤊ 0⤋
Record profits from record sales? or from record profit margins ? this is the question that is never answered in the media. So I can't agree or disagree since I am not going to go through the annual reports to find out. Even though it is public info from publically traded companies. I don't have the time to find out so I can't really complain about the profit levels. Just the price of gas and diesel.
2006-07-28 12:42:09 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The price of gas is proportional to the price of a barrel of crude oil. The oil co's make money as a % of the cost of oil plus the refining cost. The more they pay for crude oil the more the gas costs.
The utility co's charge as a % of their cost to make the electricity. They make more money as they spend more to make the electricity.
It is to the oil co's and the utility co's benefit to pay a higher cost of production to make more money. This is a screw the customer system that our flim flam men politicians made because big biz paid them to do this.
This is just another example of how our flim flam men politicians have gotten paid enormous sums to work for us, and then back stabbed us all by taking lobby money to screw us on purpose!
The media knows exactly how this system works and have not even gotten close to reporting the problem correctly. They must therefore all be in league somehow, this is being hidden from the public. How else do you account for everyone knowing the real score, and still we are being treated as mushrooms, and getting screwed at the same time?
2006-07-28 13:08:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You poor ignorant fool. The price of oil is determined on the world market not by George W Bush. The oil companies are reporting record profits because people are buying gas and fuel oil in record quantities. . . We call this free enterprise.
2006-07-28 12:33:20 · answer #4 · answered by Ethan M 5 · 0⤊ 0⤋
What she isn't telling you is that overall their profits are only about 10% of expences. And they pay several times their profits in taxes. Also the profits the company makes do not go to just one person they are split among stock holders. If you have a 401k then you are probably profiting yourself.
2006-07-28 12:35:36 · answer #5 · answered by Anonymous · 0⤊ 0⤋
ok stop driving your car. Supply and demand is the reason, we as a country have not stop driving and until the public decides to say, enought I'm not paying that much for gas I'm finding an alternate source of transportation, it will stay that price and they will continue to turn a profit.
It's laughable to hear people ***** about something as they continue to enjoy the conveniences of the said complaint.
An alternate form of transportation may be less convient than driving your car, but they do exist.
2006-07-28 12:36:40 · answer #6 · answered by jasonzbtzl 4 · 0⤊ 0⤋
It is more a question of: I scratch your back, now you scratch mine. Price gouging can never be proved as there is no rules against it. It seems Price gouging rules are only limited to mom and pop gas stations. Big companies are not bound by that rule. So all this shouting of price gouging is not going to lead anywhere.
On a more lovey dovey note: Damnnnnn woman, you are hot!
2006-07-28 12:35:34 · answer #7 · answered by Anonymous · 0⤊ 0⤋
According to S&P report, about half of the US major corporations reported record breaking profits in the second quarter.
That helps so many Americans with stocks and those who even without stocks by this strong economy...
Read and weep !!!
2006-07-28 12:35:17 · answer #8 · answered by American Superman 3 · 0⤊ 0⤋
Supply and demand you idiot. And I like the fact that my stock is on the rise. More to donate to the only party that is American-- the Republicans. Open up.
2006-07-28 16:54:07 · answer #9 · answered by tommyh20854 1 · 0⤊ 0⤋
It's coming to a close soon and America will have to make the thieves cry for about 20 years over their greed.
2006-07-28 13:32:14 · answer #10 · answered by Anonymous · 0⤊ 0⤋