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  #41 (permalink)  
Old 05-06-2008, 02:11 PM
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And they even have 4 representatives in the Parliament.
It's scary that people would elect individuals who hold these ideals.
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  #42 (permalink)  
Old 05-06-2008, 02:28 PM
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Originally Posted by ABoyNamedSue View Post
It could also help the economy if every citizen took a 10% reduction in payroll. You wanna volunteer for that?


Quick..tell me what oil companies do with profits. I bet I know your answer, and I also bet that you're wrong.


Yeah, 'cause Mexico is SO prosperous, right? I mean...I can't think of a reason why millions of people flee that country!
I know some good things big oil does!
http://www.pegasusnews.com/news/2008...laria-efforts/

http://online.wsj.com/article/SB113686182842242403.html

http://www.zimbio.com/CEO+Rex+Tiller...ple+Lot+iTunes

http://www.exxonmobil.co.uk/UK-English/files/UK_DOC.pdf

http://www.ariva.de/Valero_Energy_Corp_Ein_Kauf_t247376

http://www.chaptereight.com/clients/
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  #43 (permalink)  
Old 05-06-2008, 02:30 PM
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Originally Posted by Anikdote View Post
It's scary that people would elect individuals who hold these ideals.
Once again, I agree.

But you have to understand 2 things:

1) They have no influence at all as the Parliament consists of 179 elected people.

2) Still, they are represented in the law making institution. They can grill ministers and ask embarrasing questions in Parliament as well. This hopefully keeps their minions from otherwise causing trouble.
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Old 05-06-2008, 02:43 PM
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Originally Posted by Garth View Post
I guess what I'm trying to say is that supply and demand doesn't work if there is a guarantee of demand. Because they know we will never be able to go without it, they can charge whatever they want and we will have to buy it.
Please do not tell me that you believe Obama's rhetoric about price gouging. Look, let me explain something to you.

Crude oil is a little over $120 a barrel right now. A barrel contains 55 gallons of crude oil. So around $2.00 of the gas price is just for the oil company to purchase the raw materials. The other $1.50 pays for shipping it across the world, refining it in a highly complicated process, shipping the refined products around the country to their destination, trucking the oil to the gas stations, paying for the gas stations running costs, and then the small oil company profits.

Exxon pulled around 8% profit margins in 2007, I guess it is around 10% now. That is very reasonable, Microsoft pulls close to 30%. That means if you pay $3.50 a gallon for gas, they make $0.28 per gallon off us for every gallon they sell.

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The only thing that maintains the prices were they are is competition. However there is very little to keep all of the oil companies from deciding to raise their prices together. If they did that we would simply pay it. And when I see a Shell station and a Chevron station raise their prices in exact step with each other, makes it very hard not to think that.
They raise their prices because the market price went up.

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As for profit margins, I understand the concept. All I'm saying is that they could take a bit of a profit cut for our economy. If they are currently making 10% profits, couldn't they cut the prices by 5% and settle for only $5 Billion in total profits?
If they intentionally cut profits by 5% they would end up loosing so much money that their share holders could sue.

If you want to complain to someone about gas prices you need to do it to the countries that produce it. They set the market price because they know demand will never go down. So to drive up the price they slow production. Supply goes down, demand stays high, price goes up.
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Interviewer:- Shooting! That's a bit irresponsible isn't it?

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Interviewer:- Don't you admit that this is a terribly dangerous activity to be teaching children?
You're equipping them to become violent killers.

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Last edited by C-D-P; 05-06-2008 at 02:49 PM.
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  #45 (permalink)  
Old 05-06-2008, 02:51 PM
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Nice post, C-D-P.

I would have something to add regarding the lack of taxes, but let that slide for the moment.
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  #46 (permalink)  
Old 05-06-2008, 02:59 PM
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Originally Posted by DanishDynamite View Post
Nice post, C-D-P.

I would have something to add regarding the lack of taxes, but let that slide for the moment.
Yeah, I did it the simple way.
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Jones:- We're going to teach them climbing, abseiling, canoeing, archery, shooting...

Interviewer:- Shooting! That's a bit irresponsible isn't it?

Jones:- I don't see why, they'll be properly supervised on the range.

Interviewer:- Don't you admit that this is a terribly dangerous activity to be teaching children?
You're equipping them to become violent killers.

Jones:- Well, you're equipped to be a prostitute but you're not one are you?
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  #47 (permalink)  
Old 05-06-2008, 03:06 PM
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Originally Posted by C-D-P View Post
Yeah, I did it the simple way.
You explained it superbly!

My previous remark concerned why the $1.50 should be much higher due to environmental taxes.
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  #48 (permalink)  
Old 05-06-2008, 03:08 PM
C-D-P C-D-P is offline
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Originally Posted by DanishDynamite View Post
You explained it superbly!

My previous remark concerned why the $1.50 should be much higher due to environmental taxes.
Ok.

The one thing that I do not understand is why it is so much more expensive overseas. One of our LNOs just came back from Germany, and he said that it is about $8 a gallon over there right now.
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Jones:- We're going to teach them climbing, abseiling, canoeing, archery, shooting...

Interviewer:- Shooting! That's a bit irresponsible isn't it?

Jones:- I don't see why, they'll be properly supervised on the range.

Interviewer:- Don't you admit that this is a terribly dangerous activity to be teaching children?
You're equipping them to become violent killers.

Jones:- Well, you're equipped to be a prostitute but you're not one are you?
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  #49 (permalink)  
Old 05-06-2008, 03:20 PM
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Originally Posted by C-D-P View Post
Ok.

The one thing that I do not understand is why it is so much more expensive overseas. One of our LNOs just came back from Germany, and he said that it is about $8 a gallon over there right now.
Yes, the price in Denmark is currently about $9 per gallon. The reason, as I explained before, is that the State (Denmark) adds a whole lot of environmental taxes on to the price.

And they've been doing this for many years, so while the price increase here in this country is being felt by people, it isn't all that bad as the price of gas and oil here has always been high.
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Old 05-06-2008, 03:22 PM
C-D-P C-D-P is offline
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Originally Posted by DanishDynamite View Post
Yes, the price in Denmark is currently about $9 per gallon. The reason, as I explained before, is that the State (Denmark) adds a whole lot of environmental taxes on to the price.

And they've been doing this for many years, so while the price increase here in this country is being felt by people, it isn't all that bad as the price of gas and oil here has always been high.
Over $5 worth of taxes? As the world market decides the price of oil, wouldn't crude cost you the same?
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Jones:- We're going to teach them climbing, abseiling, canoeing, archery, shooting...

Interviewer:- Shooting! That's a bit irresponsible isn't it?

Jones:- I don't see why, they'll be properly supervised on the range.

Interviewer:- Don't you admit that this is a terribly dangerous activity to be teaching children?
You're equipping them to become violent killers.

Jones:- Well, you're equipped to be a prostitute but you're not one are you?
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