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UER Forum > Private Boards Index > Pissed Off > Big Oil (Viewed 1073 times)
Wilk 


Location: NYC
Gender: Male
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Big Oil
< on 7/31/2008 3:32 PM >
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In the 2nd quarter of this year Exxon Mobil broke the record for the biggest profit by any company in the history of the United States. What a bunch of bullshit. I feel like throwing up over the fact that they made $1455.85 per second during the 2nd quarter and still missed their profit forecast.

http://news.yahoo....KnNx4uJoyxYjcDW7oF



[last edit 7/31/2008 4:14 PM by Wilk - edited 1 times]

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Stewie 


Location: Hamilton, Ontario
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kill your idols

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Re: Big Oil
< Reply # 1 on 7/31/2008 4:28 PM >
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Well, there's a bunch of guys going around in a semi stealing diesel from gas stations in Hamilton. Make you feel better?




> The hierarchy of power dictates that the person with the most power does the least amount of work and retains the highest benefit.
Darkwolf 

Mellow Moderator


Location: Florida... Again...
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I fix things!

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Re: Big Oil
< Reply # 2 on 7/31/2008 4:28 PM >
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This is why I just steal my gas from gas stations at night!




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Shael 


Location: Witherbee, NY.
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Baaaaah.

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Re: Big Oil
< Reply # 3 on 8/1/2008 5:45 AM >
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Someone put up a calculator which calculates how much Exxon/Mobil is making per second in this country.
It's something like half a million dollars and the digital counter is moving so fast it'd make your head spin.
I can't wait till the bottom drops out of oil futures.

Shael




"The best wine lies at the bottom of the pail/And Happiness lies below the navel." - Drukpa Kunley, "The Divine Madman of the Dragon Lineage" and "Saint of 5,000 Women".
kreeningsons 


Location: Philadelphia
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Her eyes are a blue million miles

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Re: Big Oil
< Reply # 4 on 8/1/2008 7:14 AM >
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A 40% gain is pretty striking.

I don't mean to be a smartass but I wonder sometimes if they compensate for inflation when articles come out saying record profits, or they're just too hasty to jump on large oil companies.




Wilk 


Location: NYC
Gender: Male
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Re: Big Oil
< Reply # 5 on 8/1/2008 1:14 PM >
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Well I was listening to talk radio yesterday and found out that the number the media is reporting is GROSS income. So it's a bit misleading. That $1455 per second isn't profit, just income. Who knows, it might take them $1450 to make that $1455 and then there are only making 5 dollars profit per second. I am sure it's higher than that but I don't think they release that information to the public.




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