RE: Fill it up! .19 Cents Per Gallon

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RE: Fill it up! .19 Cents Per Gallon

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

QatarStang

Posts: 1911
Joined: 2/14/2006
Status: offline

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.

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Post #: 21

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

Jasperstang308

Posts: 9819
Joined: 2/9/2005
From: KY
Status: offline

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

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Post #: 22

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

00vertableGT

Posts: 30
Joined: 6/12/2007
Status: offline

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?

(in reply to Riptide)

Post #: 23

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

MattCA

Posts: 233
Joined: 8/13/2005
From: San Diego
Status: offline

What kind of camera are you using?

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Post #: 24

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

RicStir

Posts: 33
Joined: 8/29/2006
From: Valrico, Fl
Status: offline

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

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Post #: 25

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

MattCA

Posts: 233
Joined: 8/13/2005
From: San Diego
Status: offline

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.

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Post #: 26

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

RicStir

Posts: 33
Joined: 8/29/2006
From: Valrico, Fl
Status: offline

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

< Message edited by RicStir -- 5/9/2008 12:50:47 PM >

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Post #: 27

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

moontang

Posts: 593
Joined: 7/10/2007
Status: offline

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

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quote:

Original:Explosive

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Post #: 28

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

baddog671

Posts: 3504
Joined: 5/4/2005
From: Western MD
Status: online

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

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Post #: 29

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

MattCA

Posts: 233
Joined: 8/13/2005
From: San Diego
Status: offline

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

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Post #: 30

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

sultan68

Posts: 177
Joined: 6/13/2006
From: Nebraska
Status: offline

OP those are some neat pictures

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Post #: 31

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

RicStir

Posts: 33
Joined: 8/29/2006
From: Valrico, Fl
Status: offline

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.

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Post #: 32

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

Explosive

Posts: 336
Joined: 9/3/2007
Status: online

Nice pics.

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Post #: 33

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

buster

Posts: 801
Joined: 8/4/2005
Status: offline

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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Post #: 34