The Liberal Life - Page 3

Steve Wood · 09-14-2008, 09:06 PM

they don't benefit by any standards of what a good margin of profit should be. They only benefit because the company is a resultant from the merger of Mobil and the old Exxon which means they have a large revenue. If divided into ten companies, there would still be the same profit when the revenues and profits were added up.

You are the most agenda driven individual on this board.

TexasT · 09-14-2008, 09:32 PM

Wow, you really need to look into how commodity markets work.

GNVYUS 1 stated that it takes quite a bit of capital to drill, produce(Get it out of the ground, it doesn't just flow out),transport, refine, transport and sell at retail. $4/gal starts to look cheap when you figure in the equipment needed to accomplish these tasks and comply with the regulations set forth by our government.

Are you familiar with any of these phases of oil production, and if so which one(s)?

09-14-2008, 09:32 PM	#32 (permalink)
TexasT Legend in my own Mind Join Date: Sep 2000 Location: Midland Posts: 842	Wow, you really need to look into how commodity markets work. GNVYUS 1 stated that it takes quite a bit of capital to drill, produce(Get it out of the ground, it doesn't just flow out),transport, refine, transport and sell at retail. $4/gal starts to look cheap when you figure in the equipment needed to accomplish these tasks and comply with the regulations set forth by our government. Are you familiar with any of these phases of oil production, and if so which one(s)? __________________ Rich 4.1 TBs Budget Build Commencing Block and crank back from machine shop "Never ask a man where he is from. If he's is from Texas he'll tell ya, if not no sense in embarassing him." Why doesn't "Buick" rhyme with "quick"? If we got snow here I'd be using my Gravely Snow Cannon

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09-14-2008, 09:06 PM	#31 (permalink)
Steve Wood An American American Join Date: Sep 2000 Location: East of Eden, Texas Posts: 36,871	they don't benefit by any standards of what a good margin of profit should be. They only benefit because the company is a resultant from the merger of Mobil and the old Exxon which means they have a large revenue. If divided into ten companies, there would still be the same profit when the revenues and profits were added up. You are the most agenda driven individual on this board.