Exxon Posts Record Profits

[Papageorgio]

This might clear up the confusion. It seems the government has put Big Oil in a no win scenario.

Opinion | Democrats for Higher Gas Prices

Senators propose a windfall-profits tax to reduce oil production.

www.wsj.com

 

[there4eyeM]

The entire petroleum industry is protected by U.S. "defense". Every nation depends on petroleum products. What is the logic of allowing ourselves to be dominated by avaricious individuals with no restraints?

 

[Toddsterpatriot]

I did NOT whine about high gas prices. I noted the whining of the very people who EXCUSE those high prices.

Stupid

I don't excuse the high prices exacerbated by Biden's idiocy.

 

[Toddsterpatriot]

The entire petroleum industry is protected by U.S. "defense". Every nation depends on petroleum products. What is the logic of allowing ourselves to be dominated by avaricious individuals with no restraints?

I agree. We must end Democrat domination.
Would you suggest gulags or helicopter rides?

 

[Lesh]

I don't excuse the high prices exacerbated by Biden's idiocy.

Yea...ya do.

Blaming Biden for what oil companies are doing is exactly excusing them

 

[Toddsterpatriot]

Yea...ya do.

Blaming Biden for what oil companies are doing is exactly excusing them

Biden's idiocy caused the oil companies to do something?

Can you be more specific?

 

[hadit]

Yea...ya do.

Blaming Biden for what oil companies are doing is exactly excusing them

Can you show us where the oil companies set the global price per barrel for oil?

 

[Lesh]

Can you show us where the oil companies set the global price per barrel for oil?

I can show you where they squeezed record profits out of us

 

[hadit]

I can show you where they squeezed record profits out of us

That's not what I asked, is it? Can you show that they set the price for oil on the global oil market?

 

[Toddsterpatriot]

I can show you where they squeezed record profits out of us

March crude is below $74.

Why doesn't Exxon set the price at $100?

 

[airplanemechanic]

Exxon Mobil's record $55.7 billion profit last year fuels criticism that it cashed in on war and sky-high gasoline prices

Exxon's bounty came as Americans shelled out more than $5 at one point for a gallon of gasoline.

fortune.com

THAT is why gas prices are so high

Wanna bet that the people bitching about high gas prices will defend this?

Yea I got a defense. Wal Mart made 10 times more. Where was our faux outrage then?

Wal Mart record profits. I guess they aren't the reason for high prices right? It's those evil oil companies. Exxon makes 55 billion in profit and lefties bitch. Wal Mart brings in TEN TIMES MORE and they are silent.

Walmart posts record fiscal year revenue of $572.8 billion; net income up 1.2% - Talk Business & Politics

All engines are firing at Walmart as the Bentonville-based retailer reported net income for the holiday quarter of $3.562 billion, or $1.28 per share, well ahead of the 74-cent loss...

talkbusiness.net

 

[hadit]

Yea I got a defense. Wal Mart made 10 times more. Where was our faux outrage then?

Wal Mart record profits. I guess they aren't the reason for high prices right? It's those evil oil companies. Exxon makes 55 billion in profit and lefties bitch. Wal Mart brings in TEN TIMES MORE and they are silent.

Walmart posts record fiscal year revenue of $572.8 billion; net income up 1.2% - Talk Business & Politics

All engines are firing at Walmart as the Bentonville-based retailer reported net income for the holiday quarter of $3.562 billion, or $1.28 per share, well ahead of the 74-cent loss...

talkbusiness.net

On top of which, Wal Mart sets the price the customer pays for goods, while no one has been able to show me where oil companies set the global market price for crude oil.