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Article #49Re: Exxon-Mobil earned 24 BILLION Dolars in profit last year
From: LeMod Pol
Date: Thu, 18 Aug 2005 13:45
Date: Thu, 18 Aug 2005 13:45
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4303 bytes
Karen Y Byrd wrote: > > On Wed, 17 Aug 2005 06:40:53 -0400, Dr.Stan Broskey <drsjb@localnet.com> wrote: > >That is $24,000 Million Dollars after all expenses & raises to CEO etc.is > >subtracted ....Exxon Mobil always is upping the price of their gasoline 10 > >or 15 cents before anyone else adopts that price structure.... It would be > >good to boycott any Exxon-Mobil product..... Just don't buy anything off of > >Exxon Mobil. Last week , Exxon/Mobil profits were 8% HIGHER than last > >year's. > >NO Politician seems to want to tame Exxon/Mobil...they are all probably on > >The Take. > > Interesting how you are posting about > Exxon Mobil to a phl. and > pa.newgroups. > How about citing a local Phila. > company that's been raking in huge > profits for years... long before the > big jump in retail gasoline prices. > What's the company? Sunoco. Karen: When crude prices go up the margin (mark-up) remains the same, so if the gas costs (net delivered to the pump) $1.00 the dealer gets charged for example $1.40. The dealer adds his 25% making it $1.75 (OK $1.749) + gasoline tax (for interstate highways) and local sales taxes. The latter is why gas is so much cheaper in Jersey City or Hoboken than in NYC. Nevertheless the dollar gallon is now over $2. The refiner will always get his 40% over cost, come what may. The refiner's risk comes in fixing his crude blend so he doesn't produce, spring and summer, more fuel oil than he can store for delivery the following winter (weather a factor too). But that is not the only profit center for the refiners. Sun, Exxon, BP, etc do not buy their crude from the producer, rather from one or more "offshore" "related" companies who mark it up providing a nice untaxed profit before it reaches the dock <G> BTW- I did business with the Pews (sunoco) 40 years ago and they were not nice to deal with then, so I doubt if any of the family are still there that they would be any better. You replied to Stanley Brosky your neighbour in one of the near north suburbs. I would not believe a word he says. ~~~~~ ~~~~~^~~~~~ ~~~~~ >Well! well! Look who's back!!! >Doctor DUI himself. >You are apparently out of the >breathalyser scam after being >ToSed 3 or 4 times. >What is it now?? Financial >advisor?? You still have not >proved that your "PhD" is >legitimate. >You have a nice day now, and >do try to stay straight -- LP A little sunlight is the best disinfectant," Supreme Court Justice Louis Brandeis commented. "Never more so than when it exposes towering hypocrisy."
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Date: Thu, 18 Aug 2005 09:45:00 -0400
From: LeMod Pol <modpol@execulink.com>
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Subject: Re: Exxon-Mobil earned 24 BILLION Dolars in profit last year
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