Oil prices are going up.....

cadenhead · 02-20-2008, 12:00 AM

U.S. gasoline price soars past $3 a gallon: government | U.S. | Reuters

Anybody think this might be one of the reasons?
Exxon Mobil cut off from Venezuela's oil - CNN.com

This definately isn't going to help anyone's money problems or the economy if people can't afford to go to work because gas is so expensive.

And I'm sure Exxon and all the other big oil companies are still going to be turning huge profits nomatter oil supplies.

777timesgod · 02-20-2008, 06:18 AM

Chavez doesn't like the u.s and he is showing it....

God Hand Apostle · 02-20-2008, 04:46 PM

For the last 2 weeks I've been looking at used scooters. 112 MPG!? Yes, have some!

cadenhead · 02-20-2008, 08:18 PM

Quote:

Originally Posted by God Hand Apostle

For the last 2 weeks I've been looking at used scooters. 112 MPG!? Yes, have some!

That's what I'm talking about!!!

I just need to gain about 100 more pounds so I could look like a proper fat guy on a scooter.

Chris · 02-20-2008, 08:19 PM

Whew. For a second there, I thought thousands of Shell employees would be out of work. I mean, they only posted a TWENTY SIX BILLION DOLLAR PROFIT last year.

cadenhead · 02-20-2008, 08:24 PM

Quote:

Originally Posted by Chris

Whew. For a second there, I thought thousands of Shell employees would be out of work. I mean, they only posted a TWENTY SIX BILLION DOLLAR PROFIT last year.

* cadenhead wants to borrow $5 from Shell

Nerina · 02-21-2008, 11:17 PM

Mastodon · 02-21-2008, 11:21 PM

I'm no economist but...isn't this just the law of supply and demand?

In fact I've always heard that if you take it into perspective, gas is less expensive now than it was 10 and 20 years ago.

Edit: So what if they made a profit? That's what businesses are supposed to do.

Chris · 02-21-2008, 11:35 PM

Quote:

Originally Posted by Mastodon

I'm no economist but...isn't this just the law of supply and demand?

In fact I've always heard that if you take it into perspective, gas is less expensive now than it was 10 and 20 years ago.

Edit: So what if they made a profit? That's what businesses are supposed to do.

Supply and demand and blatant price gouging because they can are two different things. It'd be like the price of milk going up to $25 a gallon. Would you still buy it and say "so what, they're a business"?

cadenhead · 02-21-2008, 11:57 PM

Right.

Also that is profit NOT revinue. They made $26 billion AFTER they paid for new equipment, technology, legal fees, all their employees, power, etc.. $26 billion is just what they had left over.

	sevenstring guitars		sevenstring registry		photo gallery		merch

02-20-2008, 12:00 AM	#1 (permalink)
cadenhead Get Some! Join Date: Jul 2005 Location: The Great Northwest Posts: 1,052 Real Name: Marco Main Seven: Halo PT-VII Rig: POD XT Live Thanked: 15	Oil prices are going up..... U.S. gasoline price soars past $3 a gallon: government \| U.S. \| Reuters Anybody think this might be one of the reasons? Exxon Mobil cut off from Venezuela's oil - CNN.com This definately isn't going to help anyone's money problems or the economy if people can't afford to go to work because gas is so expensive. And I'm sure Exxon and all the other big oil companies are still going to be turning huge profits nomatter oil supplies.

02-20-2008, 08:19 PM	#5 (permalink)
Chris Adminishredder • Site Admin • Join Date: Apr 2004 Location: Boston, Mass Posts: 25,765 Real Name: Mr. F. Johnson Main Seven: Sherman Custom Main ERG: Douglas 6ST Bass Rig: 2101 -> S160 -> Mesa Thanked: 546	Whew. For a second there, I thought thousands of Shell employees would be out of work. I mean, they only posted a TWENTY SIX BILLION DOLLAR PROFIT last year. :: chrisquigley.com :: Sevenstring Registry :: Share Your Music :: Share Your Patches :: Sevenstring.org MySpace chmod +ax /bin/laden

02-21-2008, 11:17 PM	#7 (permalink)
Nerina Dudess, the Pwner! Join Date: Aug 2007 Location: Ankh-Morpork Posts: 1,549 Main Seven: BC Rich Warlock Rig: Marshall MG10CD Thanked: 115	"Dahling, you are made of Win!"-ZeroSignal "Wonderfull, I just misspelled 2 different languages in the same sentnce, that has to be a record."-Desecrated "...and then a giraffe hide behind the cabbage and the car fermented itself into a polar bear and now I don't know where my keys are."-Desecrated "True my son, follow the teachings of the white goat and the holy land will come to you."-Desecrated

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Welcome to sevenstring.org! You are currently viewing the site as a guest which gives you limited access to most features.

Most ad placements do not show to registered members. Register Now!

02-20-2008, 06:18 AM	#2 (permalink)
777timesgod ss.org Regular Join Date: Sep 2007 Location: Europe Posts: 112 Main Seven: Washburn Wg-587V Thanked: 2 / 1	Chavez doesn't like the u.s and he is showing it....

02-20-2008, 04:46 PM	#3 (permalink)
God Hand Apostle VEGANSTRAIGHTEDGE Join Date: Dec 2004 Location: Chicago IL. Posts: 703 Main Seven: LTD MH307/KxK order 11/06 Main ERG: 1st Oni 8/VF Mito 7 bass Rig: V-Amp > Crate TD-50C Thanked: 8	For the last 2 weeks I've been looking at used scooters. 112 MPG!? Yes, have some!

02-21-2008, 11:21 PM	#8 (permalink)
Mastodon Songs about My Cats Join Date: Dec 2005 Location: Bizurke Posts: 6,649 Main Seven: 2004 Ibanez RG7321 Thanked: 42	I'm no economist but...isn't this just the law of supply and demand? In fact I've always heard that if you take it into perspective, gas is less expensive now than it was 10 and 20 years ago. Edit: So what if they made a profit? That's what businesses are supposed to do.

02-21-2008, 11:57 PM	#10 (permalink)
cadenhead Get Some! Join Date: Jul 2005 Location: The Great Northwest Posts: 1,052 Real Name: Marco Main Seven: Halo PT-VII Rig: POD XT Live Thanked: 15	Right. Also that is profit NOT revinue. They made $26 billion AFTER they paid for new equipment, technology, legal fees, all their employees, power, etc.. $26 billion is just what they had left over.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Gas Prices	Chris	Politics & Current Events	16	05-01-2007 03:22 PM
RG7620 prices	ManBeast	Sevenstring Guitars	21	04-04-2007 02:31 PM
Mesa prices...	Donnie	Gear & Equipment	7	11-23-2006 08:04 PM
So what are 'fair' asking prices for these?	Regor	Sevenstring Guitars	0	02-14-2006 02:32 AM


	Powered by vBulletin 3.7.2 Copyright ©2000 - 2008, Jelsoft Enterprises Ltd. LinkBacks Enabled by vBSEO 3.1.0 "777" Logo © Darren Wilson Content © 2008 Sevenstring.org LLC - Privacy Policy Affiliate Links Directory

» Politics & Current Events

Oil prices are going up.....