"Calif Bill" kirjoitti
viestissä:ue6dnUg9Qb9mGrfVnZ2dnUVZWhednZ2d@earthlink.com...
>
> "Greg Carr" wrote in message
> news:geli24h2l8fk44qksaqovv9qajau159n3f@4ax.com...
>> On Sun, 4 May 2008 22:23:23 -0700, "CalifBill"
>> wrote:
>>
>>>
>>>"Father Guido" wrote in message
>>>news:2oaq149sf82ojvfm8irsp4pq60l0drta8s@4ax.com...
>>>> On Wed, 30 Apr 2008 16:56:40 GMT, 20April <20April@xmail.com> wrote:
>>>>
>>>>>Media across Canada are moaning that this year will see a drastic drop
>>>>>in
>>>>>tourism, caused by the obscene gas prices in communist Canada.
>>>>>
>>>>>With the oil companies recording their highest profits in history - in
>>>>>BILLIONS, places such as Alberta Canada, and even Ontariario
>>>>>deserve to have their tourism industry go down the toilet, with no
>>>>>tourists
>>>>>prepared to get ripped off for $5 gallon gasoline!!
>>>>>
>>>>>The malls will be mainly vacant, since the tourists, and even locals,
>>>>>will
>>>>>not
>>>>>be able to afford the gas for their RVs and motorhomes, or even for the
>>>>>cars!
>>>>>
>>>> If the price of Oil doubles, why do the Oil companies make more
>>>> profit? It's just the base cost of their product. If gasoline prices
>>>> should go up 10¢ a litre they raise them 15¢ a litre -- otherwise how
>>>> do they make more profit just because the price of Oil goes up?
>>>
>>>Their refining profits are not increasing. Fact is they are not very
>>>good
>>>ROI. Overall they run on an about 8% ROI, on the low side for most large
>>>business. Citigroup, etc. use to run on about 34% profit. The oil
>>>companies make more money from the price of a barrel of crude, that they
>>>own
>>>in the ground going up. When you sell your house, ar you going to sell
>>>for
>>>what you paid for it, as the 400% increase in price is too much?
>>
>> http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx?Symbol=xom&lstStatement=Balance&stmtView=Ann
>>
>> Exxon ends up after paying over 29 billion in taxes at a 10% rate of
>> return which is quite nice.
>>>
>>
>
> And you get 5% putting money in a bank. No work required. And their
> plant and physical assets are $120,000,000,000. Citigroup made 35% profit
> before the mortgage meltdown. If you think you could do gas better and
> cheaper build a company and get-r-done.
>
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