tntgators

Exxon Mobil Defeats the Rockefellers

I think Google is making too much money and they need to start working on solar powered computers! Get real folks. A company should do what it does best and let the green companies of the world do what they do best.

Oil Manipulations Exposed

Article was right in some areas but sounded like a pouting Democrat in others. Stick to facts and leave your political affiliation out of it and you would do better. Speculation is a big part of the problem, but so is a weak dollar, a Middle Eastern oil cartel, growing oil demand and peak or at least near peak oil production. Violence in Nigeria and third world governments who keep changing the rules, China, India, Mexico, Brazil, increased diesel consumption as compared to gasoline, increased plastic usage and increased fertilizer usage. The answer is not as simplistic as the author would lead you to believe.

Rep. Kanjorski's Unreasonable, Unconscionably Ridiculous Idea

Keep the government out of it and it will turn out better. The government has already wasted billions of dollars since the early 70's pushing energy policies in certain directions. When gas gets high enough, and people are hurting enough over the high prices (no I'm not heartless just practical) then the market will head in the best direction with the best technology. Government can never do anything more efficiently then free market........how are your grocery prices lately since the latest stupid government intervention. Trees got scarce and whale oil was used. When whale oil got scarce coal and oil came on line......see where this is heading. Quoting Ronald the ten scariest words in the English language are "I'm here from the government and I'm here to help." True if the middle east cuts off oil completely we'd be in a big hurt, but can they afford to do that?

Exxon's Record $9.32 Billion Q1 Income Taxes: Update

The stat that everyone is missing is the total monies paid to governments. In 2006 XOM had profits of 36B but paid 93B to governments. These are royalties, income taxes, property taxes.....you name the taxes. The hypocrites on Capitol Hill want lower gas prices but they make three times as much as XOM for doing nothing. XOM does all the heavy lifting and the lawmakers do nothing and get three times as much money and then blame XOM for high prices. If they cared about my pocket book they would lower taxes not raise them.

Ben Stein Watch: In Defense of Exxon Mobil

XOM paid 97 Billion in taxes and government royalties is 2006 with profits of 36 Billion. That is almost 3:1. This is what disturbs me. Obama says he wants to raise taxes on XOM. Does he not realize that all corporate taxes are passed on to consumers. If Obama or any other politician cared about my pocket book they would cut taxes on XOM.....and Wal Mart and Sears and Costco and Walgreens so their lower costs could be passed on to me. Raising taxes on the "big bad greedy corporations" is popular to most Americans, but what they are really doing is taxing themselves.....not XOM. By the way XOM had 400 Billion in sales and I think a ten percent return is not bad. There are also "hidden stockholders" of XOM that are benefiting. These are all the state and government retirement systems that invest in the stock market. Is your 401-k up? If it is some of the thanks goes to XOM.