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kotik
fuckingsuperhero


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big oil: profit vs profit margin (how to prove / disprove gouging)
#5563621 - 04/27/06 04:42 PM (17 years, 9 months ago) |
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notice the ? icon for this thread...
Obviously what's really going on is much less important than what can be proven / accepted by the public. So what are the scenarios? And does anyone have good arguments for / against big oil profits ( or profit margins, if you argue in defense of oil)?
personally, i don't see much change, if anything we will just start pretending like we're more "green," ignoring the problem for another 100 years and reduce our use of oil due to the high price.
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RandalFlagg
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: kotik]
#5563869 - 04/27/06 05:39 PM (17 years, 9 months ago) |
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I am alarmed at the high oil prices myself. But, I have faith in the market. The second oil is no longer feasible as an energy source the nerds at the oil companies will come up with something else.
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EquilibriuM
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: RandalFlagg]
#5563909 - 04/27/06 05:55 PM (17 years, 9 months ago) |
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Gas is 12 cents a gallon in Venezuela.
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zappaisgod
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: EquilibriuM]
#5563932 - 04/27/06 06:03 PM (17 years, 9 months ago) |
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Gas is not 12 cents a gallon in Venezuela
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EquilibriuM
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: zappaisgod]
#5564110 - 04/27/06 07:04 PM (17 years, 9 months ago) |
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yes it is. at least according to CNN 3 days ago.
EDIT: I'm sorry, it was NBC... http://www.msnbc.msn.com/id/12392794
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Edited by EquilibriuM (04/27/06 07:08 PM)
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zappaisgod
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: EquilibriuM]
#5564122 - 04/27/06 07:09 PM (17 years, 9 months ago) |
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No. It is not. They may be charging 12 cents at the pump but only an idiot would think that that is what it costs.
Here ya go. How much do most people pay to send their kids to school? Nothing, that's right, nothing. Is that what it costs? Nope, not by a long shot. Capisce?
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EquilibriuM
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: zappaisgod]
#5564143 - 04/27/06 07:14 PM (17 years, 9 months ago) |
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LOL your trying to save face.
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zappaisgod
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: EquilibriuM]
#5564166 - 04/27/06 07:19 PM (17 years, 9 months ago) |
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No. I'm trying to point out your cluelessness.
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EquilibriuM
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: zappaisgod]
#5564182 - 04/27/06 07:24 PM (17 years, 9 months ago) |
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Its OK man, I made a statement, you claimed it was false, I backed it up. Its OK to be wrong man. You don't have to call me an idiot or anything just because you were wrong...
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downforpot
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: EquilibriuM]
#5564185 - 04/27/06 07:26 PM (17 years, 9 months ago) |
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The government is basically paying for price of gas in Venezuela, I think.
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http://www.myspace.com/4th25 "And I don't care if he was handcuffed Then shot in his head All I know is dead bodies Can't fuck with me again"
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EquilibriuM
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: downforpot]
#5564202 - 04/27/06 07:30 PM (17 years, 9 months ago) |
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The government is producing it.
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Redstorm
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: EquilibriuM]
#5564243 - 04/27/06 07:39 PM (17 years, 9 months ago) |
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And subsidizing it.
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zappaisgod
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: EquilibriuM]
#5564244 - 04/27/06 07:39 PM (17 years, 9 months ago) |
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Governments don't produce anything except hot air. For the logic impaired, if I have something and can sell it for $50 but choose to sell it for 50 cents, my choice has cost me $49.50. Now if my commune has no food but 50 pounds of pot and everybody in the commune smokes it all for free and there is no money left for munchies then our decision to smoke all the dope cost us the money to buy munchies, even though we were too stoned to know it. Are you catching on yet?
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EquilibriuM
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: zappaisgod]
#5564276 - 04/27/06 07:46 PM (17 years, 9 months ago) |
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I know its artificially low, just like ours is artificially high. That doesn't mean the price is not the price. LOL. Public schools are free. Gas costs 12 cents. Some people just don't know when to give up.
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zappaisgod
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: EquilibriuM]
#5564303 - 04/27/06 07:52 PM (17 years, 9 months ago) |
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Public schools are not free. Ask the people who pay for them. Gas is not 12 cents. Our gas prices are not artificially high. Europe pays the same to buy gas as we do but their price at the pump is almost double ours. Go figure.
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EquilibriuM
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: zappaisgod]
#5564309 - 04/27/06 07:53 PM (17 years, 9 months ago) |
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something like 30% of our gas price is tax.
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kotik
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: EquilibriuM]
#5566028 - 04/28/06 05:05 AM (17 years, 9 months ago) |
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Quote:
For the logic impaired, if I have something and can sell it for $50 but choose to sell it for 50 cents, my choice has cost me $49.50.
incorrect. by that logic, since the grovery store COULD charge $10 per gallon of milk, but are only charging $4, they are losing $6 per gallon? that kind of logic will run you in circles. 
i guess you need flexible logic to be right all the time tho
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zappaisgod
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: kotik]
#5567278 - 04/28/06 03:32 PM (17 years, 9 months ago) |
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The grocery store can't sell milk for $10 a gallon. But Chavez can sell his oil for a lot more than 12 cents. A lot more.
The price of a thing is not always its cost.
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kotik
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: zappaisgod]
#5567425 - 04/28/06 04:23 PM (17 years, 9 months ago) |
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"The price of a thing is not always its cost."
so what is the "cost" of 12 cent per gallon gasoline then? to have a bad leader? we're already half way there...
-------------------- No statements made in any post or message by myself should be construed to mean that I am now, or have ever been, participating in or considering participation in any activities in violation of any local, state, or federal laws. All posts are works of fiction.
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zappaisgod
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Re: big oil: profit vs profit margin (how to prove / disprove gouging) [Re: kotik]
#5567692 - 04/28/06 05:36 PM (17 years, 9 months ago) |
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The cost is what you could have otherwise sold it for. Why is this so fucking difficult to understand?
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