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Exxon Posts Record Annual Profit (pg. 2)
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| Marc Summers |
| quote: | Originally posted by Ivand
O M G Corporations are making a profit! Noooooooo |
It's not about the profit, alone. It's about what we are shelling out to heat our homes and fill our cars.
Update:
Edison Synthetics Plant (exxonmobil chemical)
PO Box 3140
Edison, NJ 08818-3140, USA
Trying to get a permit to demonstrate... may take a while. |
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| Ivand |
| quote: | Originally posted by Marc Summers
It's not about the profit, alone. It's about what we are shelling out to heat our homes and fill our cars.
Update:
Edison Synthetics Plant (exxonmobil chemical)
PO Box 3140
Edison, NJ 08818-3140, USA
Trying to get a permit to demonstrate... may take a while. |
if the same number of ppl that use oil and its derivatives used lets say.. microsoft windows and microsoft posted those record profits, would you want microsoft to lower the price of its products too? |
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| Halcyon+On+On |
| quote: | Originally posted by Ivand
if the same number of ppl that use oil and its derivatives used lets say.. microsoft windows and microsoft posted those record profits, would you want microsoft to lower the price of its products too? |
Microsoft Windows doesn't keep your family from dying of hypothermia. |
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| Ed G |
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| EXTREMUM |
| quote: | Originally posted by Marc Summers
EDIT: And what the does Iraq have to do with anything? |
Not a damn thing. Evidently, petroleum commodities are overpriced. The War on Terrorism is just an excuse to say there's limited oil production, to boost prices of oil. Yet, the last few years have recorded dramatic profits. :wtf: :conf: |
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| Ivand |
| quote: | Originally posted by Halcyon+On+On
Microsoft Windows doesn't keep your family from dying of hypothermia. |
its a product with a lot of demand, making its price high, i dont see the problem there |
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| Inconspicuous |
| quote: | Originally posted by Marc Summers
Now, this should piss everyone off.
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No, it shouldn't. FIFO vs. LIFO accounting. Look into it. That is why the oil companies are posting record profits.
/thread |
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| lex400sc |
| this is the same company that for 17 years has REFUSED to pay out the $5 billion in puntative damages a federal court ordered it to for negligence in causing the valdez, alaska oil spill, which virtually destroyed the entire ecosystem along prince william sound wiping out over 1200 miles of alaskan fishing industry. last year they finally got a judge to reduce that penalty by half down to $2.5 billion and 18 years after the fact they still haven't paid a penny out. |
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| lex400sc |
the ceo of exxon even looks like a bloated fatcat who draws champagne baths...
even though george bush reduced taxation on oil companies, these corporations have continued to lobby the republican congress to dodge taxes on their gulf of mexico operations. luckily the pelosi congress is forcing them to pay these illegal tax shelters back. |
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| Marc Summers |
| quote: | Originally posted by Inconspicuous
No, it shouldn't. FIFO vs. LIFO accounting. Look into it. That is why the oil companies are posting record profits.
/thread |
2005 and 2006 both had record-breaking quarterly earnings, and high gas prices. Shoo! Back to the rock you crawled out from under!
Did you ing forget that we were paying upwards of 3.00 per gallon gas last year? How can you be so dense? We are hurting, and they are profiting? That's greed... And that's what's real.
Update:
I've been getting the run-around from Edison Township. :o |
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| lex400sc |
here's another reason to love the company...
| quote: |
UCS Asserts That ExxonMobil is Clouding Understanding of Climate Change to Delay Action on the Issue
A new report, Smoke, Mirrors & Hot Air, from the Union of Concerned Scientists asserts that ExxonMobil has adopted the tobacco industry's disinformation tactics, as well as some of the same organizations and personnel, to cloud the scientific understanding of climate change and delay action on the issue. According to the report, ExxonMobil has funneled nearly $16 million between 1998 and 2005 to a network of 43 advocacy organizations that seek to confuse the public on global warming science.
"When one looks closely, ExxonMobil's underhanded strategy is as clear and indisputable as the scientific research it's meant to discredit," said Seth Shulman, an investigative journalist who wrote the UCS report. "The paper trail shows that, to serve its corporate interests, ExxonMobil has built a vast echo chamber of seemingly independent groups with the express purpose of spreading disinformation about global warming."
The report details how the oil company, like the tobacco industry in previous decades, has
raised doubts about even the most indisputable scientific evidence
funded an array of front organizations to create the appearance of a broad platform for a tight-knit group of vocal climate change contrarians who misrepresent peer-reviewed scientific findings
attempted to portray its opposition to action as a positive quest for "sound science" rather than business self-interest
used its access to the Bush administration to block federal policies and shape government communications on global warming
The report documents that, despite the scientific consensus about the fundamental understanding that global warming is caused by carbon dioxide and other heat-trapping emissions, Exxon- Mobil has funneled about $16 million between 1998 and 2005 to a network of ideological and advocacy organizations that manufacture uncertainty on the issue. Many of these organizations have an overlapping—sometimes identical— collection of spokespeople serving as staff, board members, and scientific advisors. By publishing and republishing the non-peer-reviewed works of a small group of scientific spokespeople, Exxon- Mobil-funded organizations have propped up and amplified work that has been discredited by reputable climate scientists.
"ExxonMobil needs to be held accountable for its cynical disinformation campaign on global warming," said Alden Meyer, the Union of Concerned Scientists' Director of Strategy and Policy. "Consumers, shareholders and Congress should let the company know loud and clear that its behavior on this issue is unacceptable and must change." |
they've spent $16 million setting up numerous fake scientific institutions operated by the same group of people, paying tobacco-industry scientists to confuse and pollute the issue of global warming by creating a sect of scientific doubt as to whether or not humans are contributing to it... similar to the tactics of tobacco industry responding to the surgeon general's warning about cigarettes causing cancer. this is why there are so many americans who doubt the human factor of global warming. 53% of mass media coverage in america represents skepticism from oil-payrolled 'experts'. 0% of peer-reviewed scientific journals present such a doubt. |
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| Marc Summers |
| quote: | Originally posted by EXTREMUM
Not a damn thing. Evidently, petroleum commodities are overpriced. The War on Terrorism is just an excuse to say there's limited oil production, to boost prices of oil. Yet, the last few years have recorded dramatic profits. :wtf: :conf: |
Let's say the Iraq war was for oil, then why has LUKoil bought one of the largest oil fields in Iraq? Primarily a Russian company, and Conoco Philip's shares are mostly invested in the US gas stations that were bought by LUKoil in the Northeast.
Seems hardly beneficial to any US interest, IMO. |
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