If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#6
|
|||
|
|||
AV gas prices
Jumpin Jahosaphat wrote:
The problem Lars is the price is artificially inflated to a big degree. As proof, in the US companies must annually report their profits. Last year Exxon reported a profit of $4Billion US. Which is the largest profit of ANY company of ANY product anywhere in the world, including all these Cartel countries. The problem is one of gouging on the part of certain companies. Exxon Mobil said its net income for 2007 was $40.6 billion, a record for an American company. Royal Dutch Shell made a profit of $27.6 billion last year ($114 billion in sales sofar this year), the biggest ever for a European company, 1st quarter profit was $9.08 billion this year. $89.2 billion in sales for BP, 1st quarter profit of $7.6 billion. ConocoPhillips $4.14 billion net income for the 1st quarter. Exxon Mobil and Chevron are both due to report 1st quarter earnings later this week. They don't call it "black gold" for nut'n... |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Pheobus C prices in the US? | [email protected] | Soaring | 3 | January 10th 07 06:15 PM |
Gas Prices | Newps | Piloting | 0 | October 27th 05 09:17 PM |
Fuel prices | Paul kgyy | Owning | 14 | October 19th 05 10:55 PM |
Gas Prices -- Help at last? | Jay Honeck | Piloting | 327 | October 16th 05 01:09 PM |
Gas Prices | Tony | Owning | 19 | April 16th 04 02:38 AM |