Exxon is gonna have more cash then MS

Thread Tools
 
Search this Thread
 
Old May 9, 2006 | 10:39 PM
  #1  
dr3d1zzl3's Avatar
Thread Starter
VIP Member
iTrader: (1)
 
Joined: Dec 2002
Posts: 8,159
From: The Least Coast :(
Car Info: 08 sti
Exxon is gonna have more cash then MS

http://online.wsj.com/article/SB1147..._whats_news_us

haha that is some funny stuff..

got to love capitalism! yo!

hows gas prices out west?
Old May 9, 2006 | 11:06 PM
  #2  
VRT MBasile's Avatar
VIP Member
iTrader: (17)
 
Joined: May 2005
Posts: 22,776
From: Sunnyvale, CA
Car Info: '13 BRZ Limited / '02 WRX
theres business and theres exploiting people
Old May 10, 2006 | 07:22 AM
  #3  
Hatteroo's Avatar
Registered User
iTrader: (25)
 
Joined: Jan 2005
Posts: 12,777
From: Kansas - BAIC 4 LIFE!
Car Info: 96 Brighton Coupe Swap
gas out here is sh1tty....3.19-3.20 for 87!!! but yea..its exploitation in capitalism at its best...i give them credit for being very capitalist...but seriously...its pissing me off
Old May 10, 2006 | 07:42 AM
  #4  
mattsn0w's Avatar
the artist formerly known as mcdrama
iTrader: (23)
 
Joined: Apr 2004
Posts: 6,428
From: Santa Cruz Mountains, CA.
Car Info: WRBP 2015 WRX Premium/CVT
at 76, $3.49-$3.55 for 91. $4.79 for 100 octane.
Old May 10, 2006 | 12:49 PM
  #5  
jonp's Avatar
Registered User
 
Joined: Sep 2004
Posts: 277
From: Fremont
Car Info: '05 STI
I just filled up the other day and saw the pump total go over $50 for the first time ever on something I was filling up.
Old May 10, 2006 | 01:13 PM
  #6  
evsoul's Avatar
VIP Member
iTrader: (1)
 
Joined: Jul 2004
Posts: 5,588
From: Santa Rosa
Car Info: 2005 Unicorn
Originally Posted by jonp
I just filled up the other day and saw the pump total go over $50 for the first time ever on something I was filling up.

me too man, i never felt better about walking or riding my bike.
Old May 10, 2006 | 03:21 PM
  #7  
wombatsauce's Avatar
VIP Member
iTrader: (7)
 
Joined: Dec 2002
Posts: 7,441
From: Stockholm
Car Info: 2018 Golf R Variant
Over $3.50 for 87 in Hawaii... Weeeeee. Wonder when it's time for the gov't to step in and make the monopolists play nice.

Love the 'but Microsoft...." quote in there. Maybe so, but people don't need to buy Windows to get to work to feed their family in a supposed 'fuel crisis' that we have now. What a crock of crap.
Old May 10, 2006 | 03:22 PM
  #8  
wombatsauce's Avatar
VIP Member
iTrader: (7)
 
Joined: Dec 2002
Posts: 7,441
From: Stockholm
Car Info: 2018 Golf R Variant
Originally Posted by evsoul
me too man, i never felt better about walking or riding my bike.
I will be biking soon as well. I can't believe the people that fill 45gal tanks and stuff in things like Suburbans and such. $3.59x45=EEK.
Old May 10, 2006 | 03:25 PM
  #9  
MVWRX's Avatar
Registered User
iTrader: (1)
 
Joined: Aug 2004
Posts: 3,312
From: UCIrvine
Car Info: '05 Crystal Grey Metallic WRX Sport Wagon
May is national bike to work month!
Old May 10, 2006 | 03:53 PM
  #10  
wombatsauce's Avatar
VIP Member
iTrader: (7)
 
Joined: Dec 2002
Posts: 7,441
From: Stockholm
Car Info: 2018 Golf R Variant
Originally Posted by MVWRX
May is national bike to work month!
It is? Aw **** I have already missed a couple days. I feel so uncool.
Old May 10, 2006 | 03:58 PM
  #11  
SnoHumper's Avatar
Registered User
 
Joined: Feb 2003
Posts: 1,792
From: San Jose
Car Info: sc300
if i owned the gas companies i'd charge this much too haha!

freakin 3.50 a gallon wahh
Old May 10, 2006 | 04:09 PM
  #12  
evsoul's Avatar
VIP Member
iTrader: (1)
 
Joined: Jul 2004
Posts: 5,588
From: Santa Rosa
Car Info: 2005 Unicorn
I think the government needs to regulate this ****. like "gas companies cannot raise the price above 400% of what they pay for it" so if they pay $0.50 a gallon, then the max price can be $2.00... i know its against our "thang" as the Americans, but I think its more unamerican to exploit the nation the way companies like exxon are...
Old May 10, 2006 | 06:18 PM
  #13  
dr3d1zzl3's Avatar
Thread Starter
VIP Member
iTrader: (1)
 
Joined: Dec 2002
Posts: 8,159
From: The Least Coast :(
Car Info: 08 sti
regulation isnt what is needed, more players in the market is what needed.
Old May 10, 2006 | 06:25 PM
  #14  
jvick125's Avatar
Registered User
iTrader: (2)
 
Joined: Mar 2005
Posts: 10,375
From: Monterey
Car Info: Sline
Originally Posted by evsoul
I think the government needs to regulate this ****. like "gas companies cannot raise the price above 400% of what they pay for it" so if they pay $0.50 a gallon, then the max price can be $2.00... i know its against our "thang" as the Americans, but I think its more unamerican to exploit the nation the way companies like exxon are...
Our gas is cheap compared to the world. And it's not marked up 200%.

FYI, the gov't makes more money off gas than the gas co's, so why would they want to stop the price hikes?!?! It's quite gay if you ask me.
Old May 10, 2006 | 06:57 PM
  #15  
psoper's Avatar
250,000-mile Club President
 
Joined: Nov 2002
Posts: 4,770
From: Bizerkeley
Car Info: MBP 02 WRX wagon
Originally Posted by dr3d1zzl3
regulation isnt what is needed, more players in the market is what needed.
Amen, these mergers and aquisitions have brought us right back to the 1920's when JD Rockefeller owned all the oil companies, At least back then there was one person to point a finger at- only now its a shadier bunch of CEO's and Directors that have a network of control over these markets.

Shareholders are actually just along for the ride since the directors and officers along with a handful of other influential majority shareholders tend to always hold a controlling interest anyway...I hate to disagree with you dre- but I think some sort of regulation is in order, lack thereof is why we have no viable alternatives competing for market share.

I am a believer in capitalism, provided that companies can be held to some standards of social responsibility and long term sustainability, and especially in life sustaining businesses like energy and health care- but the way it is being practiced in this country, the concept is just broken.



All times are GMT -7. The time now is 06:29 PM.