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lol, sad but true. 2 profitable co's out there. one an oil co, whos profits have been proving to have come from price gouging. and the other co's successfullness has come from a crazy **** president and his ideologies on guns/right to bear our f-in arms
Didn't I just read the other day that Shell lost $18 billion or so?
Okay, so Exxon/Mobil made a profit of a staggering number of dollars....what was the profit stated as a percentage of revenue? That is the number that matters.
I don't care as long as gas stays below $2 a gallon!! LOL
I agree. If Exxon/Mobil can make $45B in this economy with gas at prices like they are, then good for them.
The funny thing is, if gas had come down to $3 a gallon and held there, people would be happy that it isn't four bucks+ anymore. When the price shot up, it was gouging....I guess now that the price dropped at an exponential rate then the oil companies must be dumping? Trying to get us all to go out and buy big SUV's again?
I agree. If Exxon/Mobil can make $45B in this economy with gas at prices like they are, then good for them.
They're still riding that $150 barrel of oil wave from the early-mid summer. Remember gas prices only just started dropping back in what October-ish? Prior to that it had been $3 a gallon or higher for pretty much the whole year.
Yea I remember, I never thought gas would be back below $3 a gallon again. I think that $150 a barrel of oil played a part in the recession we are in now, as a trickle effect of people not buying stuff because they had to pay for gas. That's just part of my feeling I'm not trying to start anything political and get the thread locked!
oil per barrel has been steadily falling for 2 weeks anow, but goas has risen 25 cents or so in that time frame...were almost close to 2 bucks again and its only january
oil per barrel has been steadily falling for 2 weeks anow, but goas has risen 25 cents or so in that time frame...were almost close to 2 bucks again and its only january
I noticed that too here. It went up .10 to $1.79 from this morning to just now at lunch at the Chevron by my house.
Shell lost right around 6 billion last quarter but of course no one wants to bring that up.
As I have said time and time again NO ONE is making you buy this "gouged" gas. Saying they have been price gouging doesn't make it true. I guess it is just convenient to take the populist view and claim everyone is out to get you though.
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