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if everyone ate 60 dolars worth of bannanas every week Then Dole would be making the quarterly record profits. Put that in perspective. You hate Exxon because it makes more sales than anyone else?
microsoft makes a heck of a lot more per sale than Exxon does. Its just that Exxon makes thousands of sales every minute.
So lay huge taxes on Microsoft or any of the other thousands of companies that make a larger net profit per sale.
If everyone was DEPENDANT on eating $60 worth of bananas every week, then the analogy would fit. Most people can't get away with not putting gas in their car. Unless you live in a city that has good transportation system, its impossible. It will never happen in Arizona, ever.
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But if I had a food company and made outragious prices someone else 9Walmart) would just come by and take all my customers and off food at much lower prices.
See.
Wow, that's a wild idea you have there.
I shall call it capitalism. How does that sound?
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I'm the anti-TNT. I don't do drama.
If everyone was DEPENDANT on eating $60 worth of bananas every week, then the analogy would fit. Most people can't get away with not putting gas in their car. Unless you live in a city that has good transportation system, its impossible. It will never happen in Arizona, ever.
They can carpool. Or they can stack trips instead of doing multiples. They can walk/bike for short trips and save gas for commuting. They can change the way they drive. They can *gasp* inflate their tires properly. They can hypermile. There are a lot of things they can do a lot of things to lower their consumption of gasoline.
I used to get mad when I saw huge profits for the Mobils of the world, until I realized how low the profit margins are for these companies. They are successful because of our consumption, plain and simple. They are in a high-volume, low margin industry. Our demand is super high. I can not blame them for making money.
Their profit margin is tiny compared to software and other similar merchandise.
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I'm the anti-TNT. I don't do drama.
Here's a stupid idea: why don't we open up ANWR so Exxon has a place to invest some of that profit?
Because it's not really forward thinking enough, IMO.
From my understanding the lowering in barrel prices is caused by American usage greatly decreasing. IOW, gas prices got high enough that we adjusted our lifestyles and caused the demand to drop. Didn't you all feel it with the great sacrifices and struggles we American's had?
Because it's not really forward thinking enough, IMO.
From my understanding the lowering in barrel prices is caused by American usage greatly decreasing. IOW, gas prices got high enough that we adjusted our lifestyles and caused the demand to drop. Didn't you all feel it with the great sacrifices and struggles we American's had?
The price of oil is also greatly impacted by the strength, or lackthereof, of the US Dollar...
They can carpool. Or they can stack trips instead of doing multiples. They can walk/bike for short trips and save gas for commuting. They can change the way they drive. They can *gasp* inflate their tires properly. They can hypermile. There are a lot of things they can do a lot of things to lower their consumption of gasoline.
I used to get mad when I saw huge profits for the Mobils of the world, until I realized how low the profit margins are for these companies. They are successful because of our consumption, plain and simple. They are in a high-volume, low margin industry. Our demand is super high. I can not blame them for making money.
Their profit margin is tiny compared to software and other similar merchandise.
Check out Intel's profit margins...
Those advances help Intel increase its profit margins even in tough times. The company's gross profit margin - the amount of money it makes on each dollar of revenue once manufacturing costs are stripped out - rose 3.5 percentage points from 55.4% in the second quarter to 58.9% in the third quarter.
South Florida's, Flicker Plunder & Loot, a k a FPL, electric provider just announced they were going to raise the cost of a KW. Bases that increase on the past price of oil they locked into, not today's price. Their stupidity? Nah. It's a lie , of sorts, since only 8 % of their fuel use is oil. Hang onto your short and curlies if you've still got them.
BTW, our governor announced that Florida storage tanks have a 150,000,000 gallon of gasoline surplus sitting in facilities with no local demand. It is now being reshipped....... overseas. Anyone still think offshore drilling is for our consumption. Hah!
Any wonder as to why the price of consumer goods is not coming down? They told us shipping and delivery costs drove those prices up. See a pattern here?
Professional prevaricators is what I see.
Wally, you mean oil companies lie to us? It can't be!!!!
The price of oil is also greatly impacted by the strength, or lackthereof, of the US Dollar...
Yeah, but that's only happened because so far we've withstood the global recession cause by some poor black people buying houses they can't afford better than the Europeans are right now. I wouldn't call that a positive outcome even though the relationship exists.
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