Gas prices sky rocket once again.... - GoFuckYourself.com

StuartD · 05-01-2007, 08:15 PM

and by no strange coincidence, Imperial Oil reports record profits of $704 million dollars in the first quarter, up 31%!

How has it come to this? Is there nothing we can do??

J4ck · 05-01-2007, 08:22 PM

at least use your bycicle

RawAlex · 05-01-2007, 08:25 PM

Stuart, the records profits have to be considered in terms of return on investment.

With the price of oil being significantly higher, a 10% profit is a much larger number. I would be much more interested to see what the profit margins as a percentage of business are, what the cash flow returns are, etc... I would bet you that the oil companies aren't making out anywhere near as good as the headline number might make you think.

GooSearch · 05-01-2007, 08:28 PM

just got done riding down to CVS - drugstore .. at 3.00 a gallon.. fuck that i'll ride around when i can

ayne468 · 05-01-2007, 08:29 PM

Will they ever stop rising...or are we all gona be walking to work soon? Bring on the Hybrid cars I say!

OG LennyT · 05-01-2007, 08:29 PM

3.00 - 3.15 a gallon in the valley

J4ck · 05-01-2007, 08:31 PM

Hybrid still using gaz, might be 100% electrics or hydro, might be better , even for the earth health

k0nr4d · 05-01-2007, 08:32 PM

$1.36/L here for 94oct, but im pretty sure vancouver has the highest gas prices in canada

J4ck · 05-01-2007, 08:35 PM

In Montreal it is at 1.06 right now

Sosa · 05-01-2007, 08:35 PM

About ready to hit $3/gallon here. Hasn't been that high yet

Rochard · 05-01-2007, 08:43 PM

I hope the price of gas doubles. I'll still be able to afford it, and the rest of the idiots won't - and they'll be off the road.

05-01-2007, 08:46 PM

Quote:

Originally Posted by RawAlex

Stuart, the records profits have to be considered in terms of return on investment.

With the price of oil being significantly higher, a 10% profit is a much larger number. I would be much more interested to see what the profit margins as a percentage of business are, what the cash flow returns are, etc... I would bet you that the oil companies aren't making out anywhere near as good as the headline number might make you think.

they still give their CEOs and upper management millions...

J4ck · 05-01-2007, 08:46 PM

Allright!!! well minded that way! lolll i'll smille at every raises LOL but still Pain when you do the full for a hundred box instead of 60

RawAlex · 05-01-2007, 08:59 PM

Quote:

Originally Posted by LilBro

they still give their CEOs and upper management millions...

Yup - but if they turned 7 billion dollars, a 10% profit in theory is 700 million.

Corporate pay is way out of hand, but the oil industry isn't any better or worse than many others.

I don't apologize for them, but "record profits" as a number is nothing without showing what the actual percentage is.

fallenmuffin · 05-01-2007, 09:53 PM

Feb. 20, 2007 -- Wal-Mart Stores, Inc. (NYSE: WMT) today reported record sales and earnings for the quarter ended Jan. 31, 2007. Net sales for the fourth quarter were $98.090 billion, an increase of 10.9 percent over the fourth quarter of fiscal year 2006. Income from continuing operations for the quarter was $3.940 billion, an increase of 8.8 percent from $3.621 billion in the fourth quarter of fiscal year 2006.

Don't worry about oil companies.. worry about wal-mart killing our society.

tony286 · 05-01-2007, 10:22 PM

hope prices dont raise too much higher they definitely affect sales.

JD · 05-01-2007, 10:24 PM

some places are $3.5+/gallon in WA

BusterBunny · 05-01-2007, 10:26 PM

$3.46 for regular in central cali

spanky part 2 · 05-01-2007, 10:29 PM

Quote:

Originally Posted by RawAlex

Stuart, the records profits have to be considered in terms of return on investment.

With the price of oil being significantly higher, a 10% profit is a much larger number. I would be much more interested to see what the profit margins as a percentage of business are, what the cash flow returns are, etc... I would bet you that the oil companies aren't making out anywhere near as good as the headline number might make you think.

The problem with your theory is that the oil companies cook their books. They split everything into different companies. One deals with the oil drilling and exploration. One deals with refining. another with the pipelines. One with delivering the gas. One with that owns the stations. these boys are smart enough to not show their profits as one large company because it is so obscene.

These companies should be hit with a windfall tax and tried for war profiteering.

spanky part 2 · 05-01-2007, 10:32 PM

Quote:

Originally Posted by fallenmuffin

Feb. 20, 2007 -- Wal-Mart Stores, Inc. (NYSE: WMT) today reported record sales and earnings for the quarter ended Jan. 31, 2007. Net sales for the fourth quarter were $98.090 billion, an increase of 10.9 percent over the fourth quarter of fiscal year 2006. Income from continuing operations for the quarter was $3.940 billion, an increase of 8.8 percent from $3.621 billion in the fourth quarter of fiscal year 2006.

Don't worry about oil companies.. worry about wal-mart killing our society.

When there is a republican in the white house and the economy sucks, walmart does great. Look up how much wally world gave to gwb to get him elected.

Webby · 05-01-2007, 10:38 PM

Quote:

Originally Posted by RawAlex

Stuart, the records profits have to be considered in terms of return on investment.

Don't worry about ROI

- that is more than healthy and reflected in share value..

Quote:

Imperial Oil net income for the first quarter of 2007 of $774 million or $0.81 a share, compared with $591 million or $0.59 a share for the same period last year.

Reasons for the increase are mainly higher than expected realization of oil volumes and lower operating costs.

Webby · 05-01-2007, 10:41 PM

Quote:

Originally Posted by spanky part 2

When there is a republican in the white house and the economy sucks, walmart does great. Look up how much wally world gave to gwb to get him elected.

Kinda strange eh? Especially when Walmart is the largest individual corp contributing to the balance of payments deficit

spanky part 2 · 05-02-2007, 12:11 AM

Quote:

Originally Posted by Webby

Don't worry about ROI

- that is more than healthy and reflected in share value..

Reasons for the increase are mainly higher than expected realization of oil volumes and lower operating costs.

Reasons for increase are higher than expected gas prices. You actually believe their talking points?

nikooo · 05-02-2007, 12:48 AM

Quote:

Originally Posted by J4ck

at least use your bycicle

Webby · 05-02-2007, 12:50 AM

Quote:

Originally Posted by spanky part 2

Reasons for increase are higher than expected gas prices. You actually believe their talking points?

Well... not exactly

That was the reason given in their accounting statement - but... well....

Zuss · 05-02-2007, 12:53 AM

We have to pay 6,7$/gallon

Fap · 05-02-2007, 12:54 AM

Umm:
http://www.gfy.com/fucking-around-and-business-discussion/727790-summer-gas-prices.html

Webby · 05-02-2007, 12:57 AM

Quote:

Originally Posted by Zuss

We have to pay 6,7$/gallon

Exactly Zuss - some folks have no clue about real values

Whining over having to actually pay for gas :-)

lelahosting · 05-02-2007, 12:39 PM

cut down in how much you use gas

thats all you can do

IllTestYourGirls · 05-02-2007, 12:50 PM

Quote:

Originally Posted by J4ck

Hybrid still using gaz, might be 100% electrics or hydro, might be better , even for the earth health

where are you going to put all the water that hydro cars cause?

Jimmy Rock · 05-02-2007, 12:52 PM

I thnk the whole country should boycott filling gas at least one day a week, all on the same day

StuartD · 05-02-2007, 12:53 PM

Quote:

Originally Posted by IllTestYourGirls

where are you going to put all the water that hydro cars cause?

Ravage · 05-02-2007, 12:54 PM

Quote:

Originally Posted by StuartD

and by no strange coincidence, Imperial Oil reports record profits of $704 million dollars in the first quarter, up 31%!

How has it come to this? Is there nothing we can do??

You can do nothing. The biggest mistake the world made was to allow such a dependency to be in the hands of private business; ruled by OPEC who can pretty much just lie to everyone over and over again without factual proof of these shortages, etc just to drive the prices up.

IllTestYourGirls · 05-02-2007, 12:55 PM

Quote:

Originally Posted by Jimmy Rock

I thnk the whole country should boycott filling gas at least one day a week, all on the same day

you have to stop driving for once a week for that to work.

05-01-2007, 08:15 PM	#1
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	Gas prices sky rocket once again.... and by no strange coincidence, Imperial Oil reports record profits of $704 million dollars in the first quarter, up 31%! How has it come to this? Is there nothing we can do?? __________________ This is me on facebook This is me on twitter

05-01-2007, 08:22 PM	#2
J4ck Confirmed User Industry Role: Join Date: Apr 2007 Location: Montreal, Canada Posts: 254	at least use your bycicle __________________ Regards, Jack ICQ: 1-739-018 Become affiliate now!

05-01-2007, 08:28 PM	#4
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05-01-2007, 08:29 PM	#5
ayne468 Confirmed User Join Date: Jan 2007 Posts: 1,738	Will they ever stop rising...or are we all gona be walking to work soon? Bring on the Hybrid cars I say! __________________

05-01-2007, 08:29 PM	#6
OG LennyT Wall Street Pimp Industry Role: Join Date: Jun 2003 Location: Phoenix, AZ Posts: 14,345	3.00 - 3.15 a gallon in the valley __________________ Tradeking - my online broker \| 4.95 a trade \| make real $$

05-01-2007, 08:25 PM	#3
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	Stuart, the records profits have to be considered in terms of return on investment. With the price of oil being significantly higher, a 10% profit is a much larger number. I would be much more interested to see what the profit margins as a percentage of business are, what the cash flow returns are, etc... I would bet you that the oil companies aren't making out anywhere near as good as the headline number might make you think.

05-01-2007, 08:31 PM	#7
J4ck Confirmed User Industry Role: Join Date: Apr 2007 Location: Montreal, Canada Posts: 254	Hybrid still using gaz, might be 100% electrics or hydro, might be better , even for the earth health __________________ Regards, Jack ICQ: 1-739-018 Become affiliate now!

05-01-2007, 08:32 PM	#8
k0nr4d Confirmed User Industry Role: Join Date: Aug 2006 Location: Poland Posts: 9,228	$1.36/L here for 94oct, but im pretty sure vancouver has the highest gas prices in canada __________________ Mechanical Bunny Media Mechbunny Tube Script \| Mechbunny Webcam Aggregator Script \| Custom Web Development

05-01-2007, 08:35 PM	#9
J4ck Confirmed User Industry Role: Join Date: Apr 2007 Location: Montreal, Canada Posts: 254	In Montreal it is at 1.06 right now __________________ Regards, Jack ICQ: 1-739-018 Become affiliate now!

05-01-2007, 08:35 PM	#10
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	About ready to hit $3/gallon here. Hasn't been that high yet

05-01-2007, 08:43 PM	#11
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,409	I hope the price of gas doubles. I'll still be able to afford it, and the rest of the idiots won't - and they'll be off the road. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

05-01-2007, 08:46 PM	#13
J4ck Confirmed User Industry Role: Join Date: Apr 2007 Location: Montreal, Canada Posts: 254	Allright!!! well minded that way! lolll i'll smille at every raises LOL but still Pain when you do the full for a hundred box instead of 60 __________________ Regards, Jack ICQ: 1-739-018 Become affiliate now!

05-01-2007, 09:53 PM	#15
fallenmuffin Confirmed User Industry Role: Join Date: Nov 2005 Posts: 8,170	Feb. 20, 2007 -- Wal-Mart Stores, Inc. (NYSE: WMT) today reported record sales and earnings for the quarter ended Jan. 31, 2007. Net sales for the fourth quarter were $98.090 billion, an increase of 10.9 percent over the fourth quarter of fiscal year 2006. Income from continuing operations for the quarter was $3.940 billion, an increase of 8.8 percent from $3.621 billion in the fourth quarter of fiscal year 2006. Don't worry about oil companies.. worry about wal-mart killing our society.

05-01-2007, 10:22 PM	#16
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	hope prices dont raise too much higher they definitely affect sales.

05-01-2007, 10:24 PM	#17
JD Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Posts: 22,651	some places are $3.5+/gallon in WA

05-01-2007, 10:26 PM	#18
BusterBunny perverted justice decoy Join Date: Aug 2005 Location: unborn still in the womb connected via blackberry Posts: 19,291	$3.46 for regular in central cali __________________ my sig caught gonoherpasyphilaids and died

05-02-2007, 12:53 AM	#26
Zuss Confirmed User Join Date: Apr 2004 Posts: 1,187	We have to pay 6,7$/gallon __________________ I like cookies.

05-02-2007, 12:54 AM	#27
Fap Just Du It Industry Role: Join Date: Feb 2004 Posts: 12,094	Umm: http://www.gfy.com/fucking-around-and-business-discussion/727790-summer-gas-prices.html

05-02-2007, 12:39 PM	#29
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05-02-2007, 12:52 PM	#31
Jimmy Rock Confirmed User Join Date: Feb 2005 Location: West Hollywood Posts: 3,055	I thnk the whole country should boycott filling gas at least one day a week, all on the same day __________________ Jimmy Rock \| ICQ: 285 748 329 [email protected]