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04/29/2011 12:52:41 PM · #76 |
Originally posted by alanfreed:
Not to be a smart ass (ok, maybe to be a smart ass), |
uhhhh yeah, thats MY job thank you very much |
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04/29/2011 01:07:27 PM · #77 |
Originally posted by kenskid:
US companies pay out the ass to do business in other countries. For example, Exxon tax rate in Nigeria is 85%. In the US, Exxon pays little or no income tax but paid out almost 8 billion in tax to the U.S. government via sales and other taxes. (the 8 billion is paid to the US in taxes FROM exxon, not sales taxes from the public. As shown below, fed, state and local governments charge YOU and ME additional tax)
Check this page out also. You will see that fed, state and local taxes on Exxon products far outweigh what Exxon profits from a gallon of gas.
When all numbers are crunched, Exxon profits a state average of 7 cents for each gallon you purchase. That means for every gallon you put in your car, you are giving Exxon 7 cents PROFIT....to bank away or to use for future exploration etc.
Notice that for every gallon you put into your car, you pay the U.S., your state and your city up to 48 cents (depending on the state you live in).
Now some may feel 7 cents is too much for Exxon, if so, is 48 cents too much?
On to other things...Obama is correct, if we can get alturnative fuel into the mainstream...Wind tubines, Nuclear, Ocean tides, solar, then the price of gasoline will plumit. The reason it will plumit is because we won't need it and there will be too much of it.
The same is true if the world (US included) pulled billions of more gallons out of the ground.
Now by alturnitive fuel, I don't mean electric cars. Unless the electricity used to charge those cars is generated entirely by wind, solar, nuclear, tidal, etc...then we are still using oil, natural gas and coal to fuel the cars. Some say yes...but at least the cars won't pollute as much. That is true, but although the car is not polluting, if a coal fired plant is producing more electricity to power the cars, then in turn IT is polluting more.
On a final note, I'm pretty confident that any company that comes up with a way to end our dependence on oil, the reward for them will be PROFIT....and I'm sure when that time comes, we'll all be discussing how big their profits are ! Oh...and to add...the US is currently subsidising alturnative fuel companies out the wazzo.
Please excuse any typos. |
Do you really believe that becasue Exxon puts out to the media that it earrns x amount per gallon that it is accurate? Here is what they said for the article you quoted:
According to this post on Exxon Mobil's Perspective Blog , "For every gallon of gasoline, diesel or finished products we manufactured and sold in the United States in the last three months of 2010, we earned a little more than 2 cents per gallon. Thatâs not a typo. Two cents."
Update: ExxonMobil is now reporting that for its retail gasoline operations in the U.S., it made an average profit of 7 cents per gallon during the first quarter of 2011.
At the retail level is the key. Exxon makes a profit on every barrel they pump out of the ground and a big profit when the prices are high as they are now. They then make a profit on the shipment when their subsidiary tanker company brings the oil down from Alaska and elsewhere. Oh and then there is the profit at the refinery level for all the products that spin off which includes much more than gasoline. Now finally you have the seven cents they make at the retail pumps station. What is the real total profit for all their subsidiaries? You will never find that answer as it is lost in multiple company filings, tax breaks and write offs. |
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04/29/2011 01:29:21 PM · #78 |
Originally posted by jbsmithana:
At the retail level is the key. Exxon makes a profit on every barrel they pump out of the ground and a big profit when the prices are high as they are now. They then make a profit on the shipment when their subsidiary tanker company brings the oil down from Alaska and elsewhere. Oh and then there is the profit at the refinery level for all the products that spin off which includes much more than gasoline. Now finally you have the seven cents they make at the retail pumps station. What is the real total profit for all their subsidiaries? You will never find that answer as it is lost in multiple company filings, tax breaks and write offs. |
Most people miss the subtlety of selling "gas" and selling "oil". Exxon sells oil to...Exxon (or a subsidiary) which then makes gas. So everybody is correct. Exxon (the subsidiary) makes 2 to 7 cents a gallon (or whatever small amount it is), but Exxon (the big company) has also made $40-80 per barrel ($0.72 to $1.45 per gallon) depending on their costs in extracting it. |
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04/29/2011 01:47:04 PM · #79 |
The politicians aren't to blame. A dog will be a dog. A snake will be a snake.
On the contrary, it's "we, the people" who are to blame. Either through action or inaction it is US (you, me, and the people you see around you) that are to blame for voting crooks, scandals and morons into every aspect of government.
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04/29/2011 02:40:56 PM · #80 |
Originally posted by kenskid:
if we can get alturnative fuel into the mainstream...Wind tubines, Nuclear, Ocean tides, solar, then the price of gasoline will plumit. The reason it will plumit is because we won't need it and there will be too much of it. |
This would be true if the United States was the sole market for oil. It is not. There are two main reasons why oil costs more than it did a decade ago.
Firstly, oil is becoming an increasingly rare commodity; it costs more to extract and drilling leases are more expensive. some day we will run out of oil, and the closer we get to that day the higher its value will be.
Secondly, more of the world is becoming industrialised, and industry runs on oil. China has doubled oil imports since 2001, India has gone up by one third, while Europe and Japan and the U.S. are basically steady.
We have an in elastic supply, and a growing worldwide demand. Alternative energy is only worth investing in today because oil is expensive, and only going to get more expensive. If we suddenly discovered some vast untapped reserve of oil then alternative energy would stop being so attractive.
Blaming politicians or oil companies for the core issue of the increase in oil prices ignores the basic market forces. Sure they profit from the run up in prices, and might tinker at the edges, but they are not causal.
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04/29/2011 02:50:50 PM · #81 |
Originally posted by DrAchoo:
I haven't heard the conspiracy answer to how you fake a birth announcement in a 1960s newspaper. What's the birther's position on that? |
âthe nature of a conspiracy theory that all information must pass through a very discerning, yet simple, filter. Information that is confirmational is accepted; that which is contradictory is rejected.â - Joel Achenbach, Washington Post |
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04/29/2011 02:58:32 PM · #82 |
The best argument I heard against the birthers was long before Trump entered into the scene.
If the Clintons couldn't prove it during the heated primary race, what makes you think anyone else can?
Trust me, if there was anything to prove that President Obama wasn't born in the US, Bill and Hillary would have found it.
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04/29/2011 03:12:27 PM · #83 |
The medical school director was giving a tour of the new research hospital to some prospective donors.
"Our transplant facility is simply the most advanced in the world," he explained. "In fact -- now this isn't for the public to know quite yet -- but for the past few years we've had a DARPA grant to perfect brain transplants, and it's been so successful we're about to commercialize the process."
"Brain transplants!" snorted one of the businessmen, "What kind of hooey is that? Even if you could do it, it would cost a fortune."
"Not at all," replied the director, "many quality brains are available quite reasonably. Here, come and see," as he led them into a narrow room set with viewing windows along one wall.
"That one on the left is from a promising high school student who aced the SATs, but was killed by a ricochet while shielding classmates during a shooting incident at school, that one's only $10,000.
"The one in the center is from a respected surgeon, who had a heart attack on the golf course after he aced the Par 3 fifth hole at his country club; that one will run you $50,000."
What about that one on the right?" asked another of the visitors.
"Oh, well, I admit that one is a bit steep -- it would cost you $500,000."
"Why so much more than the others?"
"Well, you have to understand ... that brain came from a Birther -- it hasn't been used at all." |
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04/29/2011 03:27:27 PM · #84 |
| GeneralIE, I don't always agree with you, but your my hero for that one. |
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04/29/2011 03:38:24 PM · #85 |
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04/29/2011 04:07:16 PM · #86 |
Originally posted by FibreOptix:
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He looks like one of the Aliens in "Aliens" movie :P
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04/29/2011 04:20:23 PM · #87 |
Originally posted by kenskid:
Now by alturnitive fuel, I don't mean electric cars. Unless the electricity used to charge those cars is generated entirely by wind, solar, nuclear, tidal, etc...then we are still using oil, natural gas and coal to fuel the cars. Some say yes...but at least the cars won't pollute as much. That is true, but although the car is not polluting, if a coal fired plant is producing more electricity to power the cars, then in turn IT is polluting more. |
Cellulosic Ethanol
"Currently, corn is easier and less expensive to process into ethanol in comparison to cellulosic ethanol. The Department of Energy estimates that it costs about $2.20 per gallon to produce cellulosic ethanol, which is twice as much as ethanol from corn. Enzymes that destroy plant cell wall tissue cost 30 to 50 cents per gallon of ethanol compared to 3 cents per gallon for corn. The Department of Energy hopes to reduce production cost to $1.07 per gallon by 2012 to be effective. However, cellulosic biomass is cheaper to produce than corn, because it requires fewer inputs, such as energy, fertilizer, herbicide, and is accompanied by less soil erosion and improved soil fertility. Additionally, nonfermentable and unconverted solids left after making ethanol can be burned to provide the fuel needed to operate the conversion plant and produce electricity. Energy used to run corn-based ethanol plants is derived from coal and natural gas. The Institute for Local Self-Reliance estimates the cost of cellulosic ethanol from the first generation of commercial plants will be in the $1.90â$2.25 per gallon range, excluding incentives. This compares to the current cost of $1.20â$1.50 per gallon for ethanol from corn and the current retail price of over $4.00 per gallon for regular gasoline (which is subsidized and taxed)."
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04/29/2011 04:31:00 PM · #88 |
Meh... About as interesting as a royal wedding...
Yes, Obama is president. And yes he could have the power to make things appear or disappear. However, when he was running there was a Republican president. Who, one could safely assume, would want to see another Republican elected. With the FBI and CIA at his disposal, it would have been a simple matter to find out the truth, and spring it on the Democrats at the last moment were Obama not a natural born citizen. I would have been more believing of a conspiracy theory that the right tried to make Obama's birth certificate disappear, than in one that the young Senator from Illinois slipped a fast one past them.
Both sides dig all the dirt they can on each other. A nice juicy red flag like that would not have gone igmored. And I didn't even vote for the guy, but I do think that his birth met the test for being president. |
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04/29/2011 04:35:41 PM · #89 |
Originally posted by ambaker:
... I do think that his birth met the test for being president. |
BAH! He's far too calm, analytical and unemotional to be a human -- let's cut him open and see if he leaks machine oil ... |
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04/29/2011 05:54:27 PM · #90 |
| This all makes me very sad. I'm being very serious when I say, as an American living outside America, it is like a punch in the gut when I see fellow Americans behaving in such a juvenile, asinine manner. And I'll add that it's also disturbing how often I see these viewpoints here on DPC. |
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04/29/2011 06:22:59 PM · #91 |
Originally posted by bohemka:
This all makes me very sad. I'm being very serious when I say, as an American living outside America, it is like a punch in the gut when I see fellow Americans behaving in such a juvenile, asinine manner. And I'll add that it's also disturbing how often I see these viewpoints here on DPC. |
The entertainment industry may be the USA's only remaining viable export, so maybe you'll feel better if you think of us all just contributing to improving the balance of trade by providing a humorous diversion for the rest of the world ... something like a hybrid of Lost, Survivor, and American Idol ... |
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04/29/2011 06:25:49 PM · #92 |
| Oh I wish I could put such a positive spin on it, and I appreciate the brief laugh, but there are some folks in this thread that make my head spin. |
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04/29/2011 06:27:46 PM · #93 |
Originally posted by bohemka:
Oh I wish I could put such a positive spin on it, and I appreciate the brief laugh, but there are some folks in this thread that make my head spin. |
When it's done spinning, you just have to laugh it off. Otherwise, you end up on blood pressure pills. ;D |
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04/29/2011 06:29:43 PM · #94 |
Originally posted by Kelli:
Originally posted by bohemka:
Oh I wish I could put such a positive spin on it, and I appreciate the brief laugh, but there are some folks in this thread that make my head spin. |
When it's done spinning, you just have to laugh it off. Otherwise, you end up on blood pressure pills. ;D |
Thanks for the good advice. At the rate it's rotating I'll need some dramamine as well! |
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04/29/2011 06:46:50 PM · #95 |
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04/29/2011 08:03:38 PM · #96 |
Originally posted by David Ey:
Would some of the DPC Photo Shop experts examine the latest issue? There seems to be quite a lot of people disputing it's validity. |
Hello. I am a Photoshop expert. The birth certificate is real. You are now free to move on to other issues.
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04/29/2011 08:21:31 PM · #97 |
Originally posted by bohemka:
Oh I wish I could put such a positive spin on it, and I appreciate the brief laugh, but there are some folks in this thread that make my head spin. |
That spinning is to get the water out. |
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04/29/2011 09:39:00 PM · #98 |
Hillery has the proof that he was born outside the US. She is going to spring it during the primaries.
Originally posted by ambaker:
Meh... About as interesting as a royal wedding...
Yes, Obama is president. And yes he could have the power to make things appear or disappear. However, when he was running there was a Republican president. Who, one could safely assume, would want to see another Republican elected. With the FBI and CIA at his disposal, it would have been a simple matter to find out the truth, and spring it on the Democrats at the last moment were Obama not a natural born citizen. I would have been more believing of a conspiracy theory that the right tried to make Obama's birth certificate disappear, than in one that the young Senator from Illinois slipped a fast one past them.
Both sides dig all the dirt they can on each other. A nice juicy red flag like that would not have gone igmored. And I didn't even vote for the guy, but I do think that his birth met the test for being president. |
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04/29/2011 10:05:55 PM · #99 |
Originally posted by bohemka:
This all makes me very sad. I'm being very serious when I say, as an American living outside America, it is like a punch in the gut when I see fellow Americans behaving in such a juvenile, asinine manner. And I'll add that it's also disturbing how often I see these viewpoints here on DPC. |
Imagine how it feels when you're living here! :( |
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04/30/2011 02:04:28 AM · #100 |
Originally posted by BrennanOB:
Originally posted by kenskid:
if we can get alturnative fuel into the mainstream...Wind tubines, Nuclear, Ocean tides, solar, then the price of gasoline will plumit. The reason it will plumit is because we won't need it and there will be too much of it. |
This would be true if the United States was the sole market for oil. It is not. |
BINGO!!!
China in the last 10 to 15 years has grown a middle class. 300 million of them.
They all want cars. The cars will need gas. |
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