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The evil empire.....ExxonMobil

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19 comments

  • sheepdip
    EXXON

    the sign of the double cross
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  • Civil Rights
    When you average the profits and losses for Exxon over the last 20 years you will get a much clearer picture. However, isnt it curious that democrats have been in power for almost 2 years now and they havent done anything with the oil companies ?
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  • 180A
    That's good for the stockholders...not for us.
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  • SCorvers
    Civil, what exactly are they supposed to do with the oil companies. They tried last year and were soundly humiliated.
    180A, if you have a 401, Id bet dollars to donuts that you have an interest in Exxan and other refiners.
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  • gunnut505
    The Evil Empire's main shill; Hillary Clinton, will be in Albuquerque this weekend, campaigning against the American Dream and boasting about her 35 years of fighting for the little guy: too bad that little guy lives in CHINA!
    My stocks have reflected no major profits for the production sector of my portfolio, but the incarceration sector has gone way up!
    I posted a few weeks ago about the fact that none of the new refineries are being built, that the only larger ships to haul fuel were being made in China, and that there are no plans for the Governator to single-handedly drill, pump, and refine the 25 million or so barrels EACH DAY that Kalifornia wastes in gridlocked traffic jams.
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  • 180A
    quote:Originally posted by SCorvers
    Civil, what exactly are they supposed to do with the oil companies. They tried last year and were soundly humiliated.
    180A, if you have a 401, Id bet dollars to donuts that you have an interest in Exxan and other refiners.


    No 401K. No Exxon or any other oil company stock either.
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  • bamafan
    You do have a good point Steve. But to profit $40,000,000,000? While the working man has to give up some things in order to pay for his feul expense? Or how about the elderly who are on a limited income who have to give up medicine because they don't have enough money to pay for it? Just my .02
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  • ace22
    With that kind of profits you would think Exxon could afford to pay off the fines for the Exxon-Valdez oil spill which,as far as I know,they have YET to do!!!!!
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  • kristov
    quote:Originally posted by ace22
    With that kind of profits you would think Exxon could afford to pay off the fines for the Exxon-Valdez oil spill which,as far as I know,they have YET to do!!!!!


    The company spent about $2.5 billion on cleanup costs and then paid out over $300 million to the people and businesses which claimed damages early on. After those people were paid a group of lawyers smelled money and rounded up 30,000 folks for a class action lawsuit holding Exxon liable for everything short of causing snow in Alaska! The damages started at $5 billion and have now dropped to $2.5 billion with Exxon (now Exxon-Mobil) still appealing.
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  • SCorvers
    Bama, the working man (which I ) and elderly need to contact their gubment reps and start telling them to open up some of the oil and gas sources that America has in its own backyard. From what I understand, Cuba is sinkin' wells 80 miles from Miami while Florida residents moan, cry, bitch, and whine about fuel cost. Heck, Abalama has a coast with fuel sources sittin' off of it. Are they drilling there?
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  • kristov
    Where are the folks who demand that we start drilling in the Alaskan wilderness area currently off limits? There are over 10 billion barrels of crude up there and at $100 per barrel that is $1 trillion dollars that Exxon-Mobil can really use. Come on, tap that final resource right now and give Exxon even more money.
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  • Civil Rights
    Did anyone see Microsofts profit ? I guess they should be punished too ?
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  • SCorvers
    Kristov, this is America. You can start your own exploration, drilling, production, and refining company any time you want and get in on the action.



    And no, I do not work for Exxon.

    Gunnut, Marathon and Exxon are doing MAJOR expansions to their facilities down here. Don't know the price on Marathon stock, but if it's at a fair price, I would consider buying some. Marathons expansion is serious.
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  • susie
    That may be their profit, but what is their profit margin????? Not so much after you add up all that they paid out to employees, suppliers, corporate taxes, overhead, etc.......

    Everything is not always what it seems. Heck, even the US Government had billions in profits last year, but our country is still operating at a deficit. Don't see that published anywhere.
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  • fishkiller41
    THANK GOD,,, someone has finally seen the light!![:D] KILL EXXON!!
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  • Hunter Mag
    Just think how evil Exxon would be if they topped 100 billion in profit.[:0]
    Would make the devil look like a saint and Bush an angel I'll bet.
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  • e8gm
    The petroleum companies make about $.06 per gallon of gas. That $.06 pays for exploration, drilling, refining, transportation, and marketing.

    The govenment gets upwards of $.60 per gallon. For what? They don't explore or drill or refine or transport a drop of oil but get ten times the money the oil company does.

    I don't begrudge the oil companies making a 40 billon dollar profit as much as I begrugde the government sticking it's hand in my pocket for nothing.
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  • bamafan
    As a matter of fact, they are drilling off of the coast of Alabama. I happen to have a few buddies that work over there. As far as drilling in Alaska, what's that gonna do? That won't be a permanent fix. That source will run out sooner or later.
    Also, the way I understand it, the refineries are operating at almost full capacity. So, we wait a few years for new ones to be built?
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  • SCorvers
    Remember folks....Drilling rigs make awesome reefs for fishing.[8D]
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