Gold Member BOHICA Posted October 29, 2022 Gold Member Share Posted October 29, 2022 Dang!!! Well done Exxon. Almost 20 billion in quarterly profit! Good to see private companies doing so well and making huge profits!!! Exxon Mobil Corp (NYSE: XOM) reported record-breaking net profit on Friday at $19.66 billion, or $4.68 per share, assuming dilution—smashing analyst estimates for the quarter. The U.S. oil major saw a boost in earnings from natural gas, as well as higher oil prices and robust fuel sales. https://oilprice.com/Energy/Energy-General/Exxons-Q3-Net-Profit-Soars-To-New-Record.html Quote Link to comment Share on other sites More sharing options...
toslow Posted October 29, 2022 Share Posted October 29, 2022 Stick a fork in her, she’s done Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted October 29, 2022 Share Posted October 29, 2022 1 hour ago, BOHICA said: Dang!!! Well done Exxon. Almost 20 billion in quarterly profit! Good to see private companies doing so well and making huge profits!!! Exxon Mobil Corp (NYSE: XOM) reported record-breaking net profit on Friday at $19.66 billion, or $4.68 per share, assuming dilution—smashing analyst estimates for the quarter. The U.S. oil major saw a boost in earnings from natural gas, as well as higher oil prices and robust fuel sales. https://oilprice.com/Energy/Energy-General/Exxons-Q3-Net-Profit-Soars-To-New-Record.html How much does the federal an state government make on each gallon of gas sold? Quote Link to comment Share on other sites More sharing options...
toslow Posted October 29, 2022 Share Posted October 29, 2022 This is what happens when the government squeeze the oil companies and shut them down. cost of everything through the roof. Diesel will hit 5 bucks a ltr groceries will be up another 20% also we 15% of the climate snowflakes running the show causing nothing but grief for the other 85% Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 29, 2022 Author Gold Member Share Posted October 29, 2022 29 minutes ago, Sleepr2 said: How much does the federal an state government make on each gallon of gas sold? A bunch!!! Just like Exxon all the money the government makes, it all comes off the backs of the American consumer and tax payers generosity. Every last penny of profits comes from those that use the product. Fill a sled, fill a boat, fill a truck and Exxon and the government thanks you for your generous contribution. Quote Link to comment Share on other sites More sharing options...
USA Contributing Member $poorsledder$ Posted October 29, 2022 USA Contributing Member Share Posted October 29, 2022 Didn't uncle Joe say fuck these companies; we're going green soon and won't need them? Something about shutting down a pipeline and cutting off land for drilling... 2 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted October 29, 2022 Share Posted October 29, 2022 1 hour ago, BOHICA said: A bunch!!! Just like Exxon all the money the government makes, it all comes off the backs of the American consumer and tax payers generosity. Every last penny of profits comes from those that use the product. Fill a sled, fill a boat, fill a truck and Exxon and the government thanks you for your generous contribution. So why do people bleat about the oil company profits but not government taxes? Quote Link to comment Share on other sites More sharing options...
01mxz800 Posted October 29, 2022 Share Posted October 29, 2022 1 minute ago, Sleepr2 said: So why do people bleat about the oil company profits but not government taxes? Because they drink the kool-aid, government makes more of oil than producers Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 29, 2022 Share Posted October 29, 2022 we're going to need much higher road/registration taxes on EV's if that's the direction the world is heading Quote Link to comment Share on other sites More sharing options...
01mxz800 Posted October 29, 2022 Share Posted October 29, 2022 2 minutes ago, Crnr2Crnr said: we're going to need much higher road/registration taxes on EV's if that's the direction the world is heading Absolutely, tired of us commercial trucks footing the bill 1 1 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 29, 2022 Author Gold Member Share Posted October 29, 2022 1 hour ago, Sleepr2 said: So why do people bleat about the oil company profits but not government taxes? Both oil company profits and government fuel taxes are great IMO Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted October 29, 2022 Share Posted October 29, 2022 4 minutes ago, BOHICA said: Both oil company profits and government fuel taxes are great IMO So why whine about one and not the other? Are you under the impression that oil companies are created to finance government? Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 29, 2022 Author Gold Member Share Posted October 29, 2022 Just now, Sleepr2 said: So why whine about one and not the other? Are you under the impression that oil companies are created to finance government? I’m not whining…. I think oil profits and government fuel taxes are great. Road building and maintenance needs money Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted October 29, 2022 Share Posted October 29, 2022 Just now, BOHICA said: I’m not whining…. I think oil profits and government fuel taxes are great. Road building and maintenance needs money Leftists seem to whine about profit while ignoring how much the business “ contributes” To the tax base Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 29, 2022 Author Gold Member Share Posted October 29, 2022 4 minutes ago, Sleepr2 said: Leftists seem to whine about profit while ignoring how much the business “ contributes” To the tax base I don’t care what the leftist whine about just as much as I don’t care what rightist whine about Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 31, 2022 Author Gold Member Share Posted October 31, 2022 Looks like Biden has same views as a few here that wants to make oil companies keep products domestic or face he wrath of taxes. https://www.cnbc.com/amp/2022/10/31/joe-biden-threatens-higher-taxes-on-oil-companies-amid-high-gas-prices.html Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted October 31, 2022 Platinum Contributing Member Share Posted October 31, 2022 I have no problem with Exxon making money.....they have suffered severe losses as well. Hope they make billions more. https://www-forbes-com.cdn.ampproject.org/v/s/www.forbes.com/sites/rrapier/2022/04/24/if-oil-companies-control-prices-why-do-they-ever-lose-money/amp/?amp_js_v=a6&_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16672577654011&_ct=1667257744101&referrer=https%3A%2F%2Fwww.google.com&_tf=From %1%24s&share=https%3A%2F%2Fwww.forbes.com%2Fsites%2Frrapier%2F2022%2F04%2F24%2Fif-oil-companies-control-prices-why-do-they-ever-lose-money%2F Quote Link to comment Share on other sites More sharing options...
spin_dry Posted October 31, 2022 Share Posted October 31, 2022 The harder the petro companies get “squeezed” the richer they get. Of course the conspiracy theorists will be along shortly to exclaim that this isn’t true. It’s all an illusion Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 1, 2022 Share Posted November 1, 2022 Don’t they get billions in subsidies? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 1, 2022 Share Posted November 1, 2022 1 minute ago, Mainecat said: Don’t they get billions in subsidies? OH LOOK…… Coal, oil, and natural gas received $5.9 trillion in subsidies in 2020 — or roughly $11 million every minute — according to a new analysis from the International Monetary Fund. Explicit subsidies accounted for only 8 percent of the total. The remaining 92 percent were implicit subsidies, which took the form of tax breaks or, to a much larger degree, health and environmental damages that were not priced into the cost of fossil fuels, according to the analysis. https://e360.yale.edu/digest/fossil-fuels-received-5-9-trillion-in-subsidies-in-2020-report-finds FUCK BIG OIL Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted November 1, 2022 Share Posted November 1, 2022 1 hour ago, Mainecat said: OH LOOK…… Coal, oil, and natural gas received $5.9 trillion in subsidies in 2020 — or roughly $11 million every minute — according to a new analysis from the International Monetary Fund. Explicit subsidies accounted for only 8 percent of the total. The remaining 92 percent were implicit subsidies, which took the form of tax breaks or, to a much larger degree, health and environmental damages that were not priced into the cost of fossil fuels, according to the analysis. https://e360.yale.edu/digest/fossil-fuels-received-5-9-trillion-in-subsidies-in-2020-report-finds FUCK BIG OIL You just can’t help yourself from being a dishonest cunt. Explicit subsidies accounted for only 8 percent of the total. The remaining 92 percent were implicit subsidies, which took the form of tax breaks or, to a much larger degree, health and environmental damages that were not priced into the cost of fossil fuels, according to the analysis. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted November 1, 2022 Share Posted November 1, 2022 1 hour ago, Sleepr2 said: You just can’t help yourself from being a dishonest cunt. Explicit subsidies accounted for only 8 percent of the total. The remaining 92 percent were implicit subsidies, which took the form of tax breaks or, to a much larger degree, health and environmental damages that were not priced into the cost of fossil fuels, according to the analysis. In other words they got subsidies. Thanks for clarifying. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted November 1, 2022 Author Gold Member Share Posted November 1, 2022 (edited) 5 minutes ago, spin_dry said: In other words they got subsidies. Thanks for clarifying. Even tax breaks! I expect some come uncorked at tax breaks and what they go for Edited November 1, 2022 by BOHICA Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted November 1, 2022 Share Posted November 1, 2022 11 hours ago, BOHICA said: Even tax breaks! I expect some come uncorked at tax breaks and what they go for Letting a person or business keep more of their own money is not “ giving “ them anything, something tha MCLiar can’t comprehend. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted November 1, 2022 Share Posted November 1, 2022 11 hours ago, spin_dry said: In other words they got subsidies. Thanks for clarifying. Nor in the way the liar attempted to frame it , but I’m sure you’re ok with that. Quote Link to comment Share on other sites More sharing options...
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