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Article #49

Re: Exxon-Mobil earned 24 BILLION Dolars in profit last year

#49
From: LeMod Pol
Date: Thu, 18 Aug 2005 13:45
102 lines
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
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Subject: Re: Exxon-Mobil earned 24 BILLION Dolars in profit last year
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