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Seems to me that Paul was interested in exploring reasons WHY his Jersey shore gas prices have spiked. Beats reading an endless list of 4.45 here, 3.99 there. reasonable topic build imo.
I think the point was well enough made. I've done similar comparisons on full year data and the evil oil companies, in general, make nearly the same in percentages as many other multi-national corporations who take all the same evil tax dodges. It's just the evil oil companies get more press.
Actually your point was lost on me...sorry...
I have NO sympathy for the oil companies. Other large corporations aren't single handedly responsible with their commodity for driving (pun INTENDED) our economy with such force (positive-rarely, negatively-mostly) with how THEY set THEIR price at the PUMP...sorry...
Creative accounting is creative accounting and can easily be used to color a corporations annual profits...take this write off this year or pull this expense into this quarter, etc...
The oil companies have always been some of the greediest of corporations out there...plain and simple...well next to the SOB's in the financial institutions!
Sure corporations are in business to MAKE MONEY...but at what cost to the American public?
Ours here in town "dropped" to $4.09 from $4.29...BUT...after the reports of flooding on the Mississippi river and "possible" impact to a refinery or two along the river...ours jumped yesterday back up to $4.19/gallon for 87 octane.
Diesel is selling for anywhere from $3.89 to $4.19/gallon.
It is weird that diesel has a spread here in town but 87 octane is the SAME at EVERY station...not even $0.02 different/gallon...but our legislators have done studies there is NO collusion between the station owners...
87 Octane dropped from $3.93/gal to $3.75 last weekend, and hasdinched back up to $3.79 by Tuesday. Of course, there are several stations that are feverishly holding onto the $3.89 - $3.93 price.
No that's not my store, if it was I would be able to afford FUEL!!!! Pretty soon the Saudis and pakistaniis will be over here drilling for oil and shipping it home oh yea I can see it coming, and they'll get subsidized by the government and they'll be allowed to drill for free and our government will supply them with all the drilling equipment they need. Yep I just know it. And they'll ship it home in our tankers and the government will raise our taxes with another gas tax to pay for the fuel for the tankers, man this country is great.land of the free home of the whopper
Rezvani's Latest Post-Apocalytic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.