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Maine
Related: About this forumExxon makes two cents a gallon on oil is bunk!
I still post here becuz I know those who monitor my posts from the right have not all enter the new du program.
this concerns a b.s article put out by EXXON OIL! I don't feel it is anything but propaganda and probably it is the way they show their figures to the Irs! do you know how many companies are involved before the gas reaches your tank? do you know the majority are owned by big oil and each step yields a profit! After I retired I got bored so took various part time jobs for 10 years. I worked for 3 various oil companies in their convinces stores!
every day with out fail each store manager or asst. checked the prices of their competitor!
and they raised or lowered their prices accordingly.(after telling their district supervisor) hmmm makes you wonder! also each manager told me their profit margin on gas was ideally ten to fifteen cents a gallon.
Now exxon claims they average two cents a gallon profit! do you see what i'm getting at!
2011-04-28 17:56:56
Uncle Sams share is ALL profit. Uncle Sam doesnt have operating expenses to run the well, Uncle Sam is not paying anyone to work the well, Uncle Sam is NOT WORKING. It is entirely passive income. Uncle Sam has NO expenses incurred from oil production and therefore takes only profit. If you are trying to relate the operating costs of running a successful oil company with the cost of bankrupting a country, than yes, a very different, very asinine graph would be necessary.
Now this paragraph raises my hair on the back of my neck! someone tell this ahole who builds the roads -who maintains them so exxon can make it's profit! Christ no wonder they find it so easy to rip us off! with fools like that foaming at the mouth!
wake up america its time to get smart and wean big oil out of our politics!WHITEHOUSE IN 2012
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Exxon makes two cents a gallon on oil is bunk! (Original Post)
luckyleftyme2
Feb 2012
OP
Uncle Sam DOES have expenses. We have our military protecting our "interests overseas."
Ian David
Feb 2012
#1
Ian David
(69,059 posts)1. Uncle Sam DOES have expenses. We have our military protecting our "interests overseas."
Those interests are primarily oil.
And the oil companies don't pay for any of that-- we do.
sinkingfeeling
(52,962 posts)2. Any links to that claim?
1ProudAtheist
(346 posts)3. 2 Cents
per gallon profit....maybe true, but only after every fat-cat, greedy bastard this side of Timbuktoo makes a small fortune so that taxable profit is reduced........maybe.
RC
(25,592 posts)4. That 2¢ is the profit at the corner gas station.
That is why they sell everything from Absolut to candy to milk to sandwiches to water to stay in the business of selling gas.
Bu the oil companies are being subsidized by the government for the 'high cost' on drilling, pumping and transporting that oil to the refinery. Just more profit for them.
Taxes? They spend more on lobbyist to lubricate the gravy train.