Senior Member
A 2-Cent Profit for Exxon on a Gallon of Gas?
So much for the Dems and liberal media attacking the profits of "Big Oil". I have always said government makes more off the sale of a gallon of gas in taxes than the oil companies do in profit
Once again the facts back me up and sink the left's talking points
http://www.dailymarkets.com/economy/...it-per-gallon/
and
http://www.exxonmobilperspectives.co...o-think-about/
How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.
Ronald Reagan
ERITIS SICUT DII
exxon as a source?
Your head exploded
MOST unbiased sources agree that the average profit per gallon of gasoline is between 3 and 5 cents. Now that's ALL oil companies , not just Exxon. The average state tax is 37 cents a gallon, the feds get 28 cents a gallon.Originally Posted by J.T
Pretty easy to see who's making the most money here.
Banned
Lets say its 3 cents profit per gallon, how many gallons per day do you think Exxon sells? Is somebody fucking retarded here?
Thats 10's if not hundreds of millions per day.
Banned
Senior Member
It is amazing how some will whine about the proft margin of Exxon (and ignore the amount in taxes that is collected from that profit) and ignore how much in taxes are included in the cost of a gallo of gas
Bottom line in, nd has always been, the government makes more off the sale of a gallon of gas than Exxon does
There will be people who will ignre this fact, will bitch and whine about the evil oil company - and not disprove who makes the most money
How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.
Ronald Reagan
Banned
Its not the government who sets the price of a gallon though old man, if everytime a wildcatter stubs his toe on an oil rig big oil didn't take that opportunity to anally rape the American people and raise gas prices the government wouldn't profit as much either.
Your attempt to excuse big oil tells where your loyalties lie and it ain't with your own kind.
Hint hint..............big oil execs don't care if RSR is dead or alive.
Wall Street Journal(conservative) calls for gas tax raise:http://www.economics.harvard.edu/fac...he_Gas_Tax.pdf
Senior Member
It is hard to understand why some idiots have it in for oil companies. Everyone depends on them for their energy needs, yet the hate that is expressed towards them whenever the price at the pump goes up a nickle defies logic
Of course any tax increase leveled at oil companies will be passed on to us at the pump. Which makes sense since the fools who openly show their contempt for oil companies need public anger to support their irrational hate
"Today, oil and gas companies account for roughly 7-8 percent of the country's gross domestic product; they employ over 9 million people and have invested over $2 trillion in capital improvements over the last decade. U.S. crude production in May 2011 was 5.3 million barrels per day out of the 19.5 million barrels the country used daily. The country operates 1,836 drilling rigs currently with an all-time high marc of 4500 set in 1988. ...
"Liberals like to demonize key industries by calling them "Big," as in Big Oil, Big Pharmaceuticals, Big Banks. But ... [s]ix percent ($533 billion in payroll) of all labor income in the United States and 5.3 percent of all jobs are either directly tied to or support the oil and gas business. Some of the supporting industries include services, wholesale and retail trade, finance, insurance, real estate, rental and leasing, manufacturing, transportation and warehousing, information, construction, agriculture, utilities and mining. The jobs are well-paying, technical positions, too."
"[D]espite everything the Obama administration has done to slow down domestic development of oil and gas resources, the oil and gas sector is one of the fastest growing job markets in a very anemic job market. While other sectors are shredding jobs, oil and gas is hot." ~ John Ransom in Who Is Big Oil?
http://townhall.com/tipsheet/elisabe...lly_is_big_oil
How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.
Ronald Reagan
Banned
9 billion, thats billion with a b, profit in the 4th quarter of 2010, all on the backs of hard working, tax paying Americans....................and you wonder why there is anger? Other than the speculators on Wall St. there is no reason gas should be at 3.50 a gallon, well other than big oil greed.
It doesn't defy logic, you just aren't logical.
Your head exploded
So what should the oil companies do, say okay after $X of oil are sold we won't take our 3 cents per gallon profit anymore? I mean seriously, your faulting companies for having a popular product?
The fault isn't with the oil companies, nor is it with the government really. The fault lies with the oil speculators, they are the ones making the HUGE money. And they aren't even providing jack shit for that money. I'd make speculating illegal. But that's just me.
Senior Member
and you listen to the trolls whine about the legal profit of a US company while they ignore the taxes the government takes in thanks to those companies
In 2009.........
That said, Uncle Sam gets his money in other ways. Including sales taxes and duties, Exxon recorded $7.7 billion in U.S. tax costs last year, and paid even more overseas. Its grand total in global taxes for the year? A whopping $78.6 billion. The company's effective income tax rate was a hefty 47%, its highest in three years.
http://money.cnn.com/galleries/2010/...x_bills/2.html
I wonder what these trolls use to power their cars?
How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.
Ronald Reagan
Banned
Fault lies with both big oil and with speculators.
Conservative Libertarian
Wait, wait wait, so the oil companies pricing they get around .5% profit margin is too much profit? How many mom and pops make a far greater profit margin? to be fair, shouldn't we be stripping them of those excess profits, by your standards?
"Government screws up everything. If government says black, you can bet it's white. If government says sit still for your safety, you'd better run for your life!"
--Wayne Allyn Root
www.rootforamerica.com
www.FairTax.org
Banned
No, we should not but mom and pops don't raise prices everytime someone slips and fall in the store.................big oil does.
Senior Member
Remember Hillary said she wanted to take the profits of oil companies and invest in "green" energy?
It would not surprise me if some trolls would support such action by the government
or what oil companies have to do to find the oil, then drill for it and get it out of the ground, refine it, then deliver it to the distributer - their profit margin is very reasonable
How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.
Ronald Reagan
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