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Thread: XOM Company Profit about $13,000,000.00 per dead American troop

  1. #1

    XOM Company Profit about $13,000,000.00 per dead American troop

    [QUOTE]ExxonMobil Sets Record for Annual U.S. Company Profit, at $39.5 Billion

    NEW YORK — Oil giant ExxonMobil Corp. (XOM) on Thursday posted the largest annual profit by a U.S. company — $39.5 billion — even as earnings for the last quarter of 2006 declined 4 percent.

    The 2006 profit topped the previous record of $36.13 billion which Exxon set in 2005.

    Revenue at the world's largest publicly traded oil company rose to $377.64 billion for the year, surpassing the record $370.68 billion that Exxon posted in 2005.

    ExxonMobil's record annual earnings followed a year of extraordinarily high energy prices as crude oil topped $78 a barrel in the summer — driving up average gasoline prices in the United States to more than $3 a gallon. Prices retreated later in the year.

    The fourth-quarter decline reflects lower profits from Exxon's refining and marketing segment and a sharp dropoff in natural gas prices.

    Profit for the fourth quarter of 2006 declined to $10.25 billion from $10.71 billion Exxon earned in the 2005 quarter — a record quarterly profit for any U.S. public company.

    Per-share earnings rose to $1.76 from $1.71 as the company reduced the number of shares outstanding.[/QUOTE]

    [url]http://www.foxnews.com/story/0,2933,249326,00.html[/url]

  2. #2
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    maybe the money collected from the windfall profits tax can be used to fund your reparations check :yes:

  3. #3
    I'm confused, can you show your proof that even one penny of ExxonMobil's Profit came directly or inirectly from the deaths of American Soldiers?

  4. #4

    In Iraqi War Scenario, Oil Is Key Issue

    [QUOTE=Warfish]I'm confused, can you show your proof that even one penny of ExxonMobil's Profit came directly or inirectly from the deaths of American Soldiers?[/QUOTE]

    [QUOTE]"It's pretty straightforward," said former CIA director R. James Woolsey, who has been one of the leading advocates of forcing Hussein from power. "France and Russia have oil companies and interests in Iraq. They should be told that if they are of assistance in moving Iraq toward decent government, we'll do the best we can to ensure that the new government and American companies work closely with them." [/QUOTE]

    [url]http://www.washingtonpost.com/ac2/wp-dyn/A18841-2002Sep14?language=printer[/url]


    The Black Gold Rush: Divvying Up Iraq's Oil

    [QUOTE][I]Iraq has the planet's largest oil reserves, roughly 10 percent of the world total; it's also thought to have the largest unexplored potential, primarily in its western desert. "On top of its 115 billion barrels of proven reserves, Iraq is estimated to have between 100 and 200 billion barrels of further possible (as yet undiscovered) reserves," according to the British public interest group Platform.[/I][/QUOTE]

    [url]http://www.motherjones.com/washington_dispatch/2007/01/iraqi_oil.html[/url]


    [QUOTE]Last December [url]www.consumersforpeace.org[/url] also kicked off a consumer boycott, for reasons related to the war in Iraq. A coalition of organisations that include After Downing Street, Gold Star Families for Peace, the Traprock Peace Center, International Socialist Review, and Progressive Democrats of America, the group said Exxon Mobil was “selected for boycott because of its apparent active involvement in U.S. policy in the Middle East in general and Iraq in particular.”[/QUOTE]

    [url]http://karenbutton.blogspot.com/2006/03/from-alaska-to-iraq-exxon-mobils.html[/url]

  5. #5
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    [QUOTE=Jetdawgg][url]http://www.washingtonpost.com/ac2/wp-dyn/A18841-2002Sep14?language=printer[/url]


    The Black Gold Rush: Divvying Up Iraq's Oil



    [url]http://www.motherjones.com/washington_dispatch/2007/01/iraqi_oil.html[/url]




    [url]http://karenbutton.blogspot.com/2006/03/from-alaska-to-iraq-exxon-mobils.html[/url][/QUOTE]
    Well, if Mother Jones says so, it must be true

  6. #6
    YOu know Jetdawgg if you didn't exist I think the right wingers on this board would have to invent you. You are the perfect example of a lunatic leftist for them to paint all liberal thinkers with.

    What a f'd up ridiculous headline. There is a lot that can be said about Exxon's profits without comparing it to American deaths.

    This board is way too extreme. Between your headlines and CB's and Weebs there's no room for anyone in between. How sad.

    Lunatic leftists and lunatic rightists with lunatic headlines. That has become the gist of this forum.

  7. #7
    [QUOTE=Queens Jet Fan]YOu know Jetdawgg if you didn't exist I think the right wingers on this board would have to invent you. You are the perfect example of a lunatic leftist for them to paint all liberal thinkers with.

    What a f'd up ridiculous headline. There is a lot that can be said about Exxon's profits without comparing it to American deaths.

    This board is way too extreme. Between your headlines and CB's and Weebs there's no room for anyone in between. How sad.

    Lunatic leftists and lunatic rightists with lunatic headlines. That has become the gist of this forum.[/QUOTE]

    From your posts, I take it that you see no connection with XOM, the profits they have and the blood for oil that has been spilled?

    I just did some simple math;

    39BB div by 3000

    By the way, the story is FAUX Noise

  8. #8
    [QUOTE=Jetdawgg]From your posts, I take it that you see no connection with XOM, the profits they have and the blood for oil that has been spilled?

    I just did some simple math;

    39BB div by 3000

    By the way, the story is FAUX Noise[/QUOTE]
    Makes no difference where the article is from. Yes you can say that part of the reasons we went to war was because of oil. That's a subject for reasonable debate.

    To tie Exxon's profits directly to American's deaths in Iraq is just completely misguided and inflammatory just like other headlines from the lunatic right here.

    Your rhetoric on this board is so over the top that you have become a punching bag for the right to beat up on. I means its just a game of softball the way you lay it out for them to slam.

    Wise up young man. I'm sure you're a good guy.
    Last edited by Queens Jet Fan; 02-02-2007 at 01:33 PM.

  9. #9
    [QUOTE=Jetdawgg]By the way, the story is FAUX Noise[/QUOTE]
    Oh, so [I]FAUX Noise [/I] is legitimate now? QJF made a solid point and you continue with unabated, inconsistent nonsense.

  10. #10
    [QUOTE=Queens Jet Fan]Make no difference where the article is from. Yes you can say that part of the reasons we went to war was because of oil. That's a subject for reasonable debate.

    To tie Exxon's profits directly to American's deaths in Iraq is just completely misguided and inflammatory just like other headlines from the lunatic right here.

    Your rhetoric on this board is so over the top that you have become a punching bag for the right to beat up on. I means its just a game of softball the way you lay it out for them to slam.

    Wise up young man. [B] I'm sure you're a good guy[/B].[/QUOTE]

    No doubt about that Champ.

    Most of these posters here have never served a day in the military, yet they clamor for others to die. When they are shown examples like this one, they whine and cry.

    Bush admin is right about one thing, Americans can't really take the truth about the war. People on the "left" are asking for the war to end.

    To say that the headline is inflamatory, I would agree. To say that XOM is not directly involved in this policy with the evidence that others and there are scores of links, would be foolish.

    Like I said, it was just simple math. I think differently than a lot of posters here. I think for myself. I refuse to be a parrot or a puppet. I can't be bullied into things.

    As far as the reason for going to war, it is becoming more apparant to me daily that it wasn't because of terror, WMD's, Democrazy, otherthrow Saddam, etc.

    The only thing left is OIL.

  11. #11
    There is little doubt this is about oil and energy. Where does the left stand on burning coal, nuclear, off shore drilling, drilling in Alaska, Oil shale in Colorado, tar sands in CA?

    What they do do is b**ch about the high cost of oil which is the best thing for this country right now. Where is the left wing energy policy?

  12. #12
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    [QUOTE=Jetdawgg]No doubt about that Champ.

    Most of these posters here have never served a day in the military, yet they clamor for others to die. When they are shown examples like this one, they whine and cry.

    Bush admin is right about one thing, Americans can't really take the truth about the war. People on the "left" are asking for the war to end.

    To say that the headline is inflamatory, I would agree. To say that XOM is not directly involved in this policy with the evidence that others and there are scores of links, would be foolish.

    Like I said, it was just simple math. I think differently than a lot of posters here. I think for myself. I refuse to be a parrot or a puppet. I can't be bullied into things.

    As far as the reason for going to war, it is becoming more apparant to me daily that it wasn't because of terror, WMD's, Democrazy, otherthrow Saddam, etc.

    The only thing left is OIL.[/QUOTE]

    Dawgg - you continue to fascinate me. Normally, people are not proud of their ignorance, but you wear yours like it's a freaking medal. You are a dangerously dim-witted and uninformed person. Your arrogance is clearly a defense mechanism. You served in the marines and therefore, in your mind, that fact alone somehow magically gives all of your laughably stupid opinions some sort of merit. It's hilarious. Your opinions are so obviously ridiculous so you inevitably retreat to your "I served!!" response. It was the first thing you said to Queens...instead of logically backing up your "theory" with anything even resembling insight, knowledge or facts, you simply stated, "I was a marine and I think for myself!!!" So what? Lots ot stupid people with stupid opiniosn think for themselves, there's no virtue in that and, in a lot of cases, it's a problem because you are spectacularly unqualified to think about things on your own - you're just not smart enough, boss. Maybe you should start letting others think for you, because you are failing miserably at it. I feel sorry for you - I'd hate to go through life that way...proud and arrogant about my pervasive ignorance.

    You are quite honestly the stupidest poster in the history of this forum.
    Last edited by jets5ever; 02-02-2007 at 02:04 PM.

  13. #13
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    [QUOTE=Winstonbiggs]There is little doubt this is about oil and energy. Where does the left stand on burning coal, nuclear, off shore drilling, drilling in Alaska, Oil shale in Colorado, tar sands in CA?

    What they do do is b**ch about the high cost of oil which is the best thing for this country right now. Where is the left wing energy policy?[/QUOTE]


    that's irregardless of the thread....

    besides the fact this thread once again shows the spectacular ignorance of it's author the obvious flaw is Exxon-Mobile only drills oil from Iraq....

  14. #14
    [QUOTE=Winstonbiggs]There is little doubt this is about oil and energy. Where does the left stand on burning coal, nuclear, off shore drilling, drilling in Alaska, Oil shale in Colorado, tar sands in CA?

    What they do do is b**ch about the high cost of oil which is the best thing for this country right now. Where is the left wing energy policy?[/QUOTE]

    Gotta run for awhile.

    My feelings are for fuel cell technology. I like the idea of clean coal. I need to do a little more diligence on that one though before I can say I am for it.

    Be back on this one.

  15. #15
    [QUOTE=Jetdawgg]No doubt about that Champ.

    Most of these posters here have never served a day in the military, yet they clamor for others to die. When they are shown examples like this one, they whine and cry.

    Bush admin is right about one thing, Americans can't really take the truth about the war. People on the "left" are asking for the war to end.

    To say that the headline is inflamatory, I would agree. To say that XOM is not directly involved in this policy with the evidence that others and there are scores of links, would be foolish.

    Like I said, it was just simple math. I think differently than a lot of posters here. I think for myself. I refuse to be a parrot or a puppet. I can't be bullied into things.

    As far as the reason for going to war, it is becoming more apparant to me daily that it wasn't because of terror, WMD's, Democrazy, otherthrow Saddam, etc.

    The only thing left is OIL.[/QUOTE]


    Dawgg- Trying to prove a point is one thing. But when trying to prove that point it demeans the ultimate sacrifice of American solders your point becomes insignificant.
    Last edited by chicadeel; 02-02-2007 at 02:16 PM.

  16. #16
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    Tying XOM record profits with American deaths in Iraq is ridiculous.

    The real issue here is the question of why these oil companies are making record profit after record profit. The answer is very complex, but using basic economics, one can conclude that the consumer is simply being overcharged. Demand is steadily and rapidly going up, supply has reached a plateau of maximum capabilities, so the price has accordingly gone up. However, there is no reason why profits should be setting records given American's outrage at gas prices and our country's admittance of "America is addicted to oil." In today's world, I feel it is very dangerous for oil companies to be gaining more and more profits as this translates into more and more power, both political and social. Becoming energy independent and transitioning to clean technologies has a LONG way to go because of this power of oil companies.

  17. #17
    [QUOTE=Come Back to NY]that's irregardless of the thread....

    besides the fact this thread once again shows the spectacular ignorance of it's author the obvious flaw is Exxon-Mobile only drills oil from Iraq....[/QUOTE]

    Targeting Exxon is clearly stupid but we all know if there was no oil in the ME, we wouldn't be there.

  18. #18
    I am greatly encouraged by some of the responses in this thread.

    Reasonable people can reasonably debate the effect a huge Oil Company like ExxonMobil can and does have on foreign policy, and deeper.....the effect of America's dependance on Foreign sources of Petrol on foreign policy. There is plenty of room for debate and discussion here (and it's a very good topic).

    But the implication that ExxonMobil's profits are directly related with the Deaths of American Soildiers in Iraq is simply foolish, and beneath the level of intelligence of most of our membership in this forum. I'm very encouraged to see that pretty much everyone sees that.

    There are many better, more logical ways to make your point. This kind of illogical sensationalism does more to hurt a potentially legitimate argument (i.e Oil Companies have to much influence, and America depends too much on foreign oil) that it does to help it.

  19. #19
    [QUOTE=Warfish]I am greatly encouraged by some of the responses in this thread.

    Reasonable people can reasonably debate the effect a huge Oil Company like ExxonMobil can and does have on foreign policy, and deeper.....the effect of America's dependance on Foreign sources of Petrol on foreign policy. There is plenty of room for debate and discussion here (and it's a very good topic).

    But the implication that ExxonMobil's profits are directly related with the Deaths of American Soildiers in Iraq is simply foolish, and beneath the level of intelligence of most of our membership in this forum. I'm very encouraged to see that pretty much everyone sees that.

    There are many better, more logical ways to make your point. This kind of illogical sensationalism does more to hurt a potentially legitimate argument (i.e Oil Companies have to much influence, and America depends too much on foreign oil) that it does to help it.[/QUOTE]

    [I]To say that the headline is inflamatory, I would agree[/I]

    That was my quote. It served it's purpose as it caught attention to the fact that these companies have too much influence on our policies.

    What are we to do about it?

  20. #20
    [QUOTE=parafly]Tying XOM record profits with American deaths in Iraq is ridiculous.

    The real issue here is the question of why these oil companies are making record profit after record profit. The answer is very complex, but using basic economics, one can conclude that the consumer is simply being overcharged. Demand is steadily and rapidly going up, supply has reached a plateau of maximum capabilities, so the price has accordingly gone up. However, there is no reason why profits should be setting records given American's outrage at gas prices and our country's admittance of "America is addicted to oil." In today's world, I feel it is very dangerous for oil companies to be gaining more and more profits as this translates into more and more power, both political and social. Becoming energy independent and transitioning to clean technologies has a LONG way to go because of this power of oil companies.[/QUOTE]

    The consumer isn't being overcharged. There is no such thing when you talk about overcharging in a free market ecomony. You will be charged what you are willing to pay for it. Also, relative to inflation, the argument of overcharging is very weak becuase relative to inflation the price of oil has dropped over the past 20 years.

    There are tons of reasons for the rise in oil prices last summer, which helped Exxon make money. Demand in China, as well as Goldman Sachs' trading of oil futures had a big reason with the rise in prices.

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