Exxon/Mobil $9.9 billion profit for the quarter!!!

[DennisAJC]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by FreeorDie2:
</div></BLOCKQUOTE>

JEEEZUS!!!!

SHUT THE FAWK UP ALREADY!!!

GET OVER IT! YOUR 3 POSTS IN A ROW JUST MAKES YOU LOOK DESPERATE AND MORE STUPID.

[h2co-pilot]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by H2 Rocks:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
Oops.... Alec, read the PM. I just figured out how to see the cache and who made the administration changes and I am not sure he ever actually said it WASN'T him. </div></BLOCKQUOTE>
So does moderating include taking the pics out of a post? Just curious. I was reading on the H1 site and saw where Shaggy had posted a pic of his truck, but the pic is gone.
http://elcova.com/groupee/forums/a/t...5/m/8706029735 </div></BLOCKQUOTE>

Any self respecting moderator would take that POS out. That's like the vehicle goatse.

[FreeorDie2]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by HUMMERDOGG:
I'm an energy trader and believer in free markets. Price is merely a reflection of supply/demand balances regardless what anyone says.

<snip>

Everyone forgets that it was only 4 years ago when we had $18 crude and $1.90 natural gas and gasoline and diesel were less than $1.25/gal... </div></BLOCKQUOTE>

Bingo. I think that offers something "of real value to the discussion" and wins the argument at the same time.

[ROX]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by FreeorDie2:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by DRTYFN:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Bondage:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Hummertech:
After all, if we're going to continue this damn thread any longer, let's at least change the subject and start arguing about something else. </div></BLOCKQUOTE>Ok, pick something. </div></BLOCKQUOTE>

Okay. Real men shoot steel guns - not tupperware crap. Oh. We did that. As you were.....

Sean </div></BLOCKQUOTE>

Glocks are great guns. I've owned a few different handguns, including Sig Sauers and Berrettas. While I loved my Sig I also really enjoy my Glock. When they first came on the market I was very skeptical of the "plastic gun", and never thought I'd buy one. </div></BLOCKQUOTE>

Glocks are indeed great weapons . . .and I love my Beretta 96. But for the fun of shooting, at least for me, there's nothing like a revolver. . .the S&W Model 629 is a great piece of hardware. </div></BLOCKQUOTE>
I like revolvers too. Ruger Blackhawk .357
My latest is a Springfield 1911 .45, not a revolver, but it's realllllyyyy loud. I figure if I ever had to point it at someone trying to steal the bling machine, they'd wet themselves, and go the other way.

[ckhagman]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by ckhagman:
I do not complain about the petroleum industry. </div></BLOCKQUOTE>You won't bite the hand that feeds you? </div></BLOCKQUOTE>

Absolutely 100% correct.

[TootsSUT]

What happened to the gas conversation??

[dochummer]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Jennifer:
By the way, what movie are we seeing?? </div></BLOCKQUOTE>

Dumbo

[h2co-pilot]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by H3OwnerDiz:
That pic shaggy posted looks like it was a link to the image on Alec's site and may have been deleted from there, not deleted from here. But I still don't know the answer to your question about other images that were uploaded as 'attachments' here. </div></BLOCKQUOTE>

[H2Finally]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by FreeorDie2:
Forced. . .what a joke! One would think you were living in the USSR. . . </div></BLOCKQUOTE>What's got to do with the Hummer? No matter what you drive, you need gas, no? If you are not "forced" to buy gas, to work, to live -- and have another secret (non gas) source of power for your daily driver, do share If not, then..... ding, your fries are done!

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Ted:
If you don’t like the price of gas don’t buy it. </div></BLOCKQUOTE> No matter what you drive, you need gas, no? If you are not "forced" to buy gas, to work, to live -- and have another secret (non gas) source of power for your daily driver, do share If not, then..... ding, your fries are done!

[H2Finally]

FreeorDie2.. DING! FRIES ARE DONE!

[FreeorDie2]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by sfox:

3: No matter HOW you slice it, 9.9 billion in PROFIT is disgusting considering what the country has been enduring over the past year. These companies have profiteered on the back of national disaters to an unprecedented extent and if the current administration doesn't take some action, we may end up with a Democrat controlled government sooner than later....

S </div></BLOCKQUOTE>

So. . .was it disgusting about 3, maybe 4 years ago when oil was $10 a barrel and you were buying gas for less than a buck a gallon? You were getting a great deal, but the oil companies weren't making much in profit? It's idiotic to take one quarter out of context, you have to look at profit over the long haul.

That said, the oil companies have long complained that they didn't have enough in profit to make certain activities profitable -- like building refineries. One would hope that they would use some of this profit for research and building infrastructure.

[HUMMERDOGG]

I'm an energy trader and believer in free markets. Price is merely a reflection of supply/demand balances regardless what anyone says. All I can say is that the market is high right now because it is pricing in the following:

1)Political unrest in some of the largest oil producing countries in the world. Read Russia, Middle East, Nigeria, Venuezuela, etc...
2)World Daily Supply/Demand balances for Crude Oil have continued to shrink.
3)Location of some of the largest US oil and natural gas production is offshore. It just happens to reside in the Gulf of Mexico and for 6 months out of every year is the target of Mother Nature which has the ability to literally wipe out or severly reduce production out there with just a few days notice.
4)Location and capacity of refineries. Again, a majority of our refining capacity in the US is also located on the coastlines of the Gulf of Mexico and is subject to the same exposure as our production.
5)US refining capacity is limited and outdated and is subject to frequent downtime.
5)US pipeline system is also limted and outdated.

The thing is, we have the technology nowadays to help alleviate alot of this but it is just taking time to get production from this new technology brought online. Coal Gasification Technology for Natural Gas, Canadian Tar Sands for Crude Oil, LNG imports for Natural Gas, etc...

We have the ability to build safer nuclear power plant and cleaner coal fired power plants which both would help help alleviate alot of the strain on natural gas supplies. People forget that back in '98 and '99 we had huge power shortages and because of this, alot of natural gas combined cycle power generation was built.

We have the ability with biodiesel and ethanol to help supplment the refining capacity with unleaded gas, diesel and heating oil.

We continue to build LNG terminals on the various coastlines to bring in this cheap form of natural gas. The issue there is that we need additional pipeline infrastructure inland to help get this natural gas to market. Same thing with coal, we need a more efficient railline system to get coal to market.

Ultimately, we either have to get energy prices high enough that you have permanent demand destruction and the supply/demand balances fall back in-line or people are going to have to come to grips that we are going to have to drill for oil and natural gas in politically sensitive areas, and people are going to have to allow us to build infrastructure in "their backyard".

Everyone forgets that it was only 4 years ago when we had $18 crude and $1.90 natural gas and gasoline and diesel were less than $1.25/gal...

[slgcmg]

It is nice to know that someone is making money off of the out of control gas prices.

I am seeing gas prices at $2.35 a gallon. To me it looks like a sweet deal until you see what we were paying this time last year.

[Walter_Cronkite]

****THIS JUST IN****

Freeordie2 looks like a complete ass in the upcoming segment of "Stupid people who don't know when to shut up."

We now return you to the scheduled program....


.

[FreeorDie2]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by DRTYFN:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Bondage:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Hummertech:
After all, if we're going to continue this damn thread any longer, let's at least change the subject and start arguing about something else. </div></BLOCKQUOTE>Ok, pick something. </div></BLOCKQUOTE>

Okay. Real men shoot steel guns - not tupperware crap. Oh. We did that. As you were.....

Sean </div></BLOCKQUOTE>

Glocks are great guns. I've owned a few different handguns, including Sig Sauers and Berrettas. While I loved my Sig I also really enjoy my Glock. When they first came on the market I was very skeptical of the "plastic gun", and never thought I'd buy one. </div></BLOCKQUOTE>

Glocks are indeed great weapons . . .and I love my Beretta 96. But for the fun of shooting, at least for me, there's nothing like a revolver. . .the S&W Model 629 is a great piece of hardware.

[FreeorDie2]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by CslRkH2:

I am not against big profits or looking for any more laws. I think the current laws against collusion should be enforced in this situation.

When a company like Walmart or Microsoft dominates a market through competitive practices (i.e. volume purchasing and lower prices than their comp) that is one thing. When the 4 oil companies collude and decide to stick it to EVERY American, not just the ones that can afford a HUMMER or several $40k cars then that;s just wrong. </div></BLOCKQUOTE>

Collusion? Really? Interesting. . .So, over the last 35 years or so, when the price of gas has gone up, would you say that the oil companies are in collusion? If so, how about when the price goes down as it always does to some extent?

Your suggestion that the oil companies got together and agreed to boost the prices for a period of about a month are patently rediculous. If they were agreeing to raise prices, then why not just keep them at $3 a gallon? Or $3.50? Did they collude to keep the prices at a buck a few years ago? Every time the price of gas goes up, people scream that the oil companies get together and impose high prices, but if they had the power to do that, why do the prices always go back down again? Why not keep the price of gas and heating oil high all the time?

Like I said, gas is cheap by comparison to almost anything you can buy now compared to 30 years ago. Oil companies aren't charities. . .oil is a market based commodity. Some folks seem to think that, along with "privacy," you can find some kind of kind of right to cheap gas in the US Consitution. I hate to be the one to break it to you, but unless you want to refine the oil yourself (which you do have a right to do), you've got to pay the market rate.

[DRTYFN]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Hart1:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">If someone wrote it, you must believe it. </div></BLOCKQUOTE>

Using your logic, then, we must not believe anything you write...Hell, you got my vote!


</div></BLOCKQUOTE>

[CslRkH2]

Collusion...I know it will never be investigated or proven. But I'm surprised that you find it such a stretch. And No, in the 70s there actually were fuel shortages. Thus the supply side of the equation caused prices to increase. In the past couple months supply and demand has been constant (other than a few specific areas). From the financial stmts there doesn't seem to be any reason for these latest price spikes other than pure greed.

[Jim_Cantore]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Walter_Cronkite:
****THIS JUST IN****

Freeordie2 looks like a complete ass in the upcoming segment of "Stupid people who don't know when to shut up."

We now return you to the scheduled program....


. </div></BLOCKQUOTE>

****This just in from NOAA****

Hurricane Beta is expected head up toward New Hampshire and go straight up his ass.

[slgcmg]

I wonder how the airline industry is taking this news. Some have closed down and some have filed bankruptcy due to the high price of fuel. The ones that are still around are reporting huge losses every quarter.

Yes we do live in a capitalist country, but I still think the government should be able to do something regarding this. If my local electric company has to go to congress to get a rate hike approved, I don't see the difference in controlling the profit of the big oil companies.