Greatest Triumph, or Greatest Disaster

[leerock89]

Originally Posted by Russkie

No, they dont. Many people believe the oil companies are making huge profits right now.* That is majorly FALSE.

The oil companies are not making as much as they used to. People dont drive as much as they want, they dont go on vacations or visit friends if they aren't within walking distance. If no one drives as much as they used to, then how are the oil companies making more if people are spending less?

Sorry buddy. You remember the last quarterly report from just the US gas companies?? Yea it hit another record high. And your telling me after I saw the hard evidence, not just some new report, but evidence that they were making massive amounts of money and your going to tell me that its not true? Ok I'm open minded. Just prove to me that they aren't.

[Russkie]

Originally Posted by leerock89

Sorry buddy. You remember the last quarterly report from just the US gas companies?? Yea it hit another record high. And your telling me after I saw the hard evidence, not just some new report, but evidence that they were making massive amounts of money and your going to tell me that its not true? Ok I'm open minded. Just prove to me that they aren't.

"Record high" means nothing when your throwing money all over the place just to keep things moving. Say one company makes 10billion in one year: What about the 9.999billion they're spending on conracts, shiping costs, mechanical maitenance and, oh yeah, the workers that have a mighty need to get paid and feed themselves? Lets not forget the taxes!

After boiling all that down, how much do they really make? Please not that the money estimates I made were just examples.

[leerock89]

See thats the thing you think everyone has a piece of it but they really don't. If everyone did the top hanchos wouldn't be making that much and thats bad for them. You think they are going to just sit there and hand out cash to whoever asks for it?? Thats bad business and they know it.

[Russkie]

Originally Posted by leerock89

See thats the thing you think everyone has a piece of it but they really don't. If everyone did the top hanchos wouldn't be making that much and thats bad for them. You think they are going to just sit there and hand out cash to whoever asks for it?? Thats bad business and they know it.

As always, I needed time to think about what I say before I say it. Read my reply above yours...

I agree; it is bad for them. And they certianly are not making much at all. But you should keep in mind that they are not just "handing out cash to whoever asks for it", they spend that money to keep things moving (like I said earlyer).

[leerock89]

Before anything I want you to know your thinking like a poor person. I'm not rich or wealthy myself, but I know a few of them and they all have the same mentality. Ok so they spend 10 bill of that stuff. What another 20 bill on workers and what not. What else is there please?? Because they made 114 billion this year so far..... and thats only Exxon Mobile. Also when they say profit what do you think the word means??

[Russkie]

Originally Posted by leerock89

Before anything I want you to know your thinking like a poor person. I'm not rich or wealthy myself, but I know a few of them and they all have the same mentality. Ok so they spend 10 bill of that stuff. What another 20 bill on workers and what not. What else is there please?? Because they made 114 billion this year so far..... and thats only Exxon Mobile.

Hey, thats interesting of you to say that! I am poor! What a coincidence... my family comes from a poverty stricken villiage in Russia. My family and I moved to America (for the obvious reason, a better life), and I have been living here since I was 1 and a half... I think, I don't remember how old I was.

Ok so they spend 10 bill of that stuff. What another 20 bill on workers and what not. What else is there please?? Because they made 114 billion this year so far..... and thats only Exxon

My 10billion (like I said) was just an example, I don't know exactly how much each company makes. But I do know that if you apply why I just said to what your aksing, it comes out exactly as I am saying.

[leerock89]

Wheres your solid facts?? This is just your speculation on what you think of it. Thats fine as it is what you believe but if you want someone else to you need hard facts. Where is it? Can you at least give me a link or something??

[Russkie]

Originally Posted by leerock89

Wheres your solid facts?? This is just your speculation on what you think of it. Thats fine as it is what you believe but if you want someone else to you need hard facts. Where is it? Can you at least give me a link or something??

Whoever said I was speculating? I don't know of any links that will take you to information on list of what they spend their money on, but I have confidence that with enough devotion and research, you yourself can look up the process of making and distributing oil.

They dont snap their fingers and a barrel of oil appears in front of them. It takes alot of effort in collecting and processing the oil. Large machinery does that job, and machinery tends to break. What happens when important, expensive machinery breaks? You fix it of course... and to fix it costs (you guessed it) money.

Funny how that works out ~.^

[Raven]

Russkie, you have a valid point. The problem is that Leerock is talking about profits 114 billion in profit means that after all expenses are paid they have a net income of 114 billion. I believe the problem is, if the oil companies are making that much, and the government taxes all of that. What will the country do when we find alternate resources. It's been made quite clear however, that the government has no intension of moving from oil, they get too much money from it.

[leerock89]

Sigh. Ok . You think they just keep on building massive massive amounts of oil rigs everywhere? And when we buy oil from elsewhere, guess what?? We dont have to do much to it but get it to the stations. All the stuff exists for it to just keep on rolling. And engineers and mechanics are all part of the working force that they have calculated out. Once again I will point out that the top heads won't allow for it to fall apart. If that happens they lose money. You think they got to that point making stupid decisions?? What I'm trying to tell you is that oil is a mass market and the top guys won't allow it to not get them mass profits. If that happened it would get sold, or merge or something. Look at what AT&T did. They let another company take over, boost its sales, get large again then came back full force. What you think that Big Business is Small Business?? You think they don't have massive amounts of resources to do what they want to and on occasion need to do?