RE: Fill it up! .19 Cents Per Gallon (Full Version)

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RE: Fill it up! .19 Cents Per Gallon


  

QatarStang -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 11:11:31 AM)

quote:

ORIGINAL: Riptide

Exxon made a 40 billion dollar profit on 400 billion in revenue at the last report.  That sounds like a lot but it's only a 10% margin.  If Exxon sold you gasoline at cost it would only be 10% off.  That isn't the difference everyone is looking for.

The main issue is rampant speculation driving up crude prices.  There is room for a price increase because demand hasn't kept up with supply.  Refining is coming up a little short.  Geopolitical instability.  But it's noowhere near enough to explain this huge crude oil price increase.

It's not so much Exxon but the speculators and the major crude producers that are at fault for oil prices going so high.




Wow.

Finally someone who knows what the hell they're talking about.

Thank you for bringing some much needed sense into this thread.


  

Jasperstang308 -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 11:19:17 AM)

i remember bitching to put in 2.19 for premium.  i wish it was that price again


00vertableGT -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 12:17:30 PM)

quote:

ORIGINAL: Riptide

Exxon made a 40 billion dollar profit on 400 billion in revenue at the last report.  That sounds like a lot but it's only a 10% margin.  If Exxon sold you gasoline at cost it would only be 10% off.  That isn't the difference everyone is looking for.

The main issue is rampant speculation driving up crude prices.  There is room for a price increase because demand hasn't kept up with supply.  Refining is coming up a little short.  Geopolitical instability.  But it's noowhere near enough to explain this huge crude oil price increase.

It's not so much Exxon but the speculators and the major crude producers that are at fault for oil prices going so high.



Maybe I'm not fully understanding this, but wouldn't they have not done 400 billion in revenue if they weren't charging so much for gas in the first place? For example if they jack the price up to where they are doing 500 billion in revenue wouldn't they make $50 billion in profit?


MattCA -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 12:30:44 PM)

What kind of camera are you using?


RicStir -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 12:41:31 PM)

I am using a Nikon D60.  10.2 megapixel with a 18-135 lens.


MattCA -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 12:43:11 PM)

quote:

ORIGINAL: RicStir

I am using a Nikon D60.  10.2 megapixel with a 18-135 lens.

Awesome. Just pick up a D40 with a 2 lens deal, 15-55 and 55-200.


RicStir -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 12:49:19 PM)

I really like it!  Total package (no taxes & free shipping) with a high speed 1 gig card...$850.00


moontang -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 12:56:53 PM)

hahah fuuuuck i have a D50 paid 800ish or so for the body one lens 28-80 Nikkor and a 1 gig SD card now i have a 18-55 Nikkor lens and a 28-300 Cosina that i like alot and another fixed 500 Opteka (cheap comparably) lens i like the Nikkor lenses way better they are good for sure i realize now if i had saved that money id be in a better place in life right now or at least a bit more money wasted on the jeep i had


baddog671 -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 1:27:01 PM)

5bucks a gallon doesn't bother me..

500 billion (or whatever) dollars sitting in the bank collecting dust does..it should be re-invested or taxed soo f'ing heavily it would be rediculous


MattCA -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 2:36:35 PM)

I ended up getting a 4 gig just in case. It was only $60 anyways.


sultan68 -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 3:06:07 PM)

OP those are some neat pictures


RicStir -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 3:59:57 PM)

quote:

ORIGINAL: sultan68

OP those are some neat pictures


I started this post to share this unique location. I thought it was a cool spot for photos.


Explosive -> RE: Fill it up! .19 Cents Per Gallon (5/9/2008 4:05:29 PM)

Nice pics.




buster -> RE: Fill it up! .19 Cents Per Gallon (5/13/2008 7:33:15 AM)

Gas here is $1.24 a litre here. It would cost about $72 to fill my Stang from empty. Good thing I live in a border town.


  

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