The Coyote Principle (Page 3): I understand a companies need to operate at enough of a profit to pay shareholders a decent dividend and most retirees who have any of their retirement...

Pepper Loc: Planet Earth Country USA

I understand a companies need to operate at enough of a profit to pay shareholders a decent dividend and most retirees who have any of their retirement funded via the market also need decent dividends. What I question is why the tax breaks are so lucrative. Any time a company is making enough to pay dividends they dont need subsidized by the tax payer. Seems that simple common sense here should provide some common ground for our elected officials to work from, oh wait if they do that they cant call each other names and proclaim one side better than the other. Sorry, I lost my head there for a minute.

venturer9 Loc: Newton, Il.

Madman wrote:

Not challenging the accuracy of your statement, but I would like to see corroboration.

You have to read down pretty close to the end of the article to see what the "Oil Companies" make, and it is not much..

I do not know where the "Provider of Crude Oil" fit in, or if they are a "Separate entity" but they get by far the biggest cut.

http://www.exxonmobilperspectives.com/2012/01/27/what-am-i-paying-for-in-the-price-of-a-gallon-of-gasoline-2/

Mike

venturer9 Loc: Newton, Il.

romanticf16 wrote:

They also spend the revenue on road repairs,not dividends to stockholders.

Have you been in Detroit lately, or driven on just about any main road in Illinois...... They are ALWAYS working, but seldom FINISHING...

And the Statement that you were answering too, had nothing to do with how the money was spent... a very accurate if you look into it, statement about the Profit of the Oil Companies..

Mike

rocketride Loc: Upstate NY

jkaye65 wrote:

Tax over-passing satellites?!? That's a new one on me. Can they shoot them down if the taxes aren't paid?

The first house I ever bought was on 4th St in Camden. Great little village. In it's heyday, Camden was known as "The Queen Village of Oneida County". My house had been built in 1885.......that may have been the "heyday" time-frame.

I don't know how they expected to enforce/collect them. I was laughing too hard to find out.

It still is. Technically she's up the hill from Westdale, not in Camden proper.

romanticf16 Loc: Commerce Twp, MI

Pepper wrote:

I understand a companies need to operate at enough... (show quote)

If elected officials acted on common sense how could they hold their hand out to lobbyists?

Madman Loc: Gulf Coast, Florida USA

venturer9 wrote:

You have to read down pretty close to the end of the article to see what the "Oil Companies" make, and it is not much..

I do not know where the "Provider of Crude Oil" fit in, or if they are a "Separate entity" but they get by far the biggest cut.

http://www.exxonmobilperspectives.com/2012/01/27/what-am-i-paying-for-in-the-price-of-a-gallon-of-gasoline-2/

Mike

Interesting that you would go to Exxon-Mobil for support in light of the fact that they hold the top ten places in quarterly profits for any business. Here is an article for you to mull over before you start feeling bad for them (or selling your stock). abcnews.go.com/business/story?id=5503955

the article is titled 'Big Oil's Most Profitable Quarter Ever: 51.5 Billion Dollars"

venturer9 Loc: Newton, Il.

Madman wrote:

Interesting that you would go to Exxon-Mobil for support in light of the fact that they hold the top ten places in quarterly profits for any business. Here is an article for you to mull over before you start feeling bad for them (or selling your stock). abcnews.go.com/business/story?id=5503955

the article is titled 'Big Oil's Most Profitable Quarter Ever: 51.5 Billion Dollars"

Interesting that The other side will never accept a site unless it comes from your side.....whatever side that is.... The reason I used that site was that I had looked through 6 google pages and did not find what I was looking for... I found that site and used it..... Maybe I was not looking using the right words, but that is the only one I found... I will look some more and try to find a site that you will accept....

Mike

venturer9 Loc: Newton, Il.

Madman wrote:

Interesting that you would go to Exxon-Mobil for support in light of the fact that they hold the top ten places in quarterly profits for any business. Here is an article for you to mull over before you start feeling bad for them (or selling your stock). abcnews.go.com/business/story?id=5503955

the article is titled 'Big Oil's Most Profitable Quarter Ever: 51.5 Billion Dollars"

I don't feel sorry for the Oil Companies, nor do I have stock in them... I was just looking over this particular posting and you asked for Proof... GEE SAID I.... maybe I Can find some info on that and what I posted is the result.....

The only interest I have in oil companies is the price of gas at my local gas pump

Mike

venturer9 Loc: Newton, Il.

Madman............ I got my "Search Words right" and found several sites..... The last one especially gives a little better idea of what the Costs of making those Billions is..

Mike

http://www.nationalreview.com/exchequer/340191/facts-about-gas-prices-and-oil-profits

http://online.wsj.com/news/articles/SB10000872396390443687504577563383982418536

http://www.jb-williams.com/4-25-06.htm

http://energyanswered.org/questions/how-much-do-oil-companies-make-on-each-dollar-i-spend-on-gas

When the following site comes up, it seems ok, then the printing disappears...but if you scroll down a bit it shows up again....
http://gascanman.com/how-much-are-oil-companies-really-making-at-the-pump/

Madman Loc: Gulf Coast, Florida USA

venturer9 wrote:

Interesting that The other side will never accept a site unless it comes from your side.....whatever side that is.... The reason I used that site was that I had looked through 6 google pages and did not find what I was looking for... I found that site and used it..... Maybe I was not looking using the right words, but that is the only one I found... I will look some more and try to find a site that you will accept....

Mike

I don't know what other side you are talking about unless you think that you should pay more at the pump so that some multi-national company can make even higher profits than they make now. I can't think of any reason for such reasoning unless you are an executive in one of those companies whose earning is based on profit or somehow you ended up with enough stock in one of them to gain financially when their profits rise. The rest of us see prices rise regardless of the price of crude or the surplus of fuel. That profit comes out of our pockets which are not being filled from the oil giants dividends.

bvm Loc: Glendale, Arizona

Madman wrote:

Interesting that you would go to Exxon-Mobil for support in light of the fact that they hold the top ten places in quarterly profits for any business. Here is an article for you to mull over before you start feeling bad for them (or selling your stock). abcnews.go.com/business/story?id=5503955

the article is titled 'Big Oil's Most Profitable Quarter Ever: 51.5 Billion Dollars"

Are you saying that they should not make a profit? If that were the case you'd be walking for ever.

How about how the Feds steal it right out of you pocket but you may think that's OK.

venturer9 Loc: Newton, Il.

Madman wrote:

I don't know what other side you are talking about... (show quote)

What posting of yours was I answering here..... NOTHING to do with what you have written except for mentioning "Other Side"

I gave a site, you immediately came back and said that it was interesting that I chose an EXON site...... and I answered that the other side (which ever side you are on and I am not) WILL NEVER ACCEPT A SITE that has a CONSERVATIVE or in this case an INTERESTED ENTITY as informational.. ie nobody other than OUR sites can tell the truth....

As I said on one of my posts.. I have absolutely no interest in EXON nor do I own Stock in the Company, or any Oil company for that matter..... I have posted only because I am interested in facts and in order to find facts, it is necessary to search as best as I can to find them.... I did so and presented what I had found..... how you use that information is your business..

Mike

Madman Loc: Gulf Coast, Florida USA

venturer9 wrote:

What posting of yours was I answering here..... NO... (show quote)

Let's turn down the hostility please. Do not assume that I am on a 'different side' than you. I am not. We both believe that the cost of gasoline is excessive. You say that the taxes are a major cause and I agree. But as was said earlier by another reader, the taxes are used to provide services to all of us. Are there too many services being provided to too many people - absolutely. Is there waste and corruption in government? Can we change that? It sure doesn't seem that way. The fact of life is that government will get its revenue where ever and however it can. If the fuel oil taxes are lowered another levee will be raised or created to make up for the short fall.

If there is going to change, from where will it come? It won't be from the government or investors.
Why would they tamper with their nest eggs?