weekender 0 #26 April 4, 2012 QuoteQuotehow is their supply protected? If it can be purchased anywhere at anytime by anybody. it would seem to me its not a very guarded supply. Not sure it's what SkyDekker meant, but their supply is protected by the largest, most powerful, and most expensive military the world has ever seen. ok, if that is what he meant that doesnt make sense to me either. Oil comes from all over the world. How does the US protect the Russian oil fields? Do we have our military in Canada, Mexico or South America? Not as i recall. How about Africa, North Sea and Asia? I will concede the Middle East and I suppose you could argue Texas."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
DanG 1 #27 April 4, 2012 Troops on the ground is not the only protection offered. It could be argued that the primary responsibility of the peacetime Navy is maintenance of shipping lanes. Iran only talking about a Persian Gulf blockade resulted in the repositioning of Naval forces. They weren't doing that to protect the flow of hummus. - Dan G Quote Share this post Link to post Share on other sites
rehmwa 2 #28 April 4, 2012 I'm sure he means the Canadian and Venezuelan militaries too since that's where much of the US gets theirs ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
SkyDekker 1,123 #29 April 4, 2012 QuoteThat's odd - I don't recall hearing about any American troops stationed along the Russian, Chinese or Turkish pipelines. I'm sure you haven't heard about the Persian Gulf either. Quote Share this post Link to post Share on other sites
weekender 0 #30 April 4, 2012 QuoteQuoteQuotehow is their supply protected? If it can be purchased anywhere at anytime by anybody. it would seem to me its not a very guarded supply. Not sure it's what SkyDekker meant, but their supply is protected by the largest, most powerful, and most expensive military the world has ever seen. That's odd - I don't recall hearing about any American troops stationed along the Russian, Chinese or Turkish pipelines. it looks like i just copied your comment. you will have to trust me that we came to the same conclusion but hit enter after you. OR you could assume i'm a dolt who just stole your thought. either way, we agree, hah"The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
DanG 1 #31 April 4, 2012 Canada doesn't need much of a military. They have ours. And it's really disingenuous to pretend that the bulk of our military spending hasn't recently (read last 20 years) been in the Middle East. The only thing they have of any value is oil. Do you really think we'd put up with the Saudi's shit if they didn't control OPEC? - Dan G Quote Share this post Link to post Share on other sites
rehmwa 2 #32 April 4, 2012 QuoteCanada doesn't need much of a military. They have ours. maybe, but the Venezualan military is bad ass ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
SkyDekker 1,123 #33 April 4, 2012 QuoteOh, government is absolutely making more off a gallon of gas than the gas companies are. What a load of crap. Quote Share this post Link to post Share on other sites
kallend 1,625 #34 April 4, 2012 QuoteQuotehow is their supply protected? If it can be purchased anywhere at anytime by anybody. it would seem to me its not a very guarded supply. Not sure it's what SkyDekker meant, but their supply is protected by the largest, most powerful, and most expensive military the world has ever seen. Which (the US DoD) is also the single largest oil consumer in the world.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
mnealtx 0 #35 April 4, 2012 QuoteQuoteOh, government is absolutely making more off a gallon of gas than the gas companies are. What a load of crap. Feel free to dispute the numbers.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
SkyDekker 1,123 #36 April 4, 2012 Quote -------------------------------------------------------------------------------- In Reply To -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- In Reply To -------------------------------------------------------------------------------- how is their supply protected? If it can be purchased anywhere at anytime by anybody. it would seem to me its not a very guarded supply. -------------------------------------------------------------------------------- Not sure it's what SkyDekker meant, but their supply is protected by the largest, most powerful, and most expensive military the world has ever seen. -------------------------------------------------------------------------------- Which (the US DoD) is also the single largest oil consumer in the world. Protecting the largest oil reserves in the world. Quote Share this post Link to post Share on other sites
mnealtx 0 #37 April 4, 2012 QuoteProtecting the largest oil reserves in the world. Must've missed the US Navy convoys escorting Saudi tankers all these years...can you provide the Task Group numbers?Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
SkyDekker 1,123 #38 April 4, 2012 QuoteFeel free to dispute the numbers. Firstly you are confusing profit and revenue. Secondly, what Exxon lists as cost of a gallon of gas at retail already contains a hefty profit margin. Quote Share this post Link to post Share on other sites
SkyDekker 1,123 #39 April 4, 2012 QuoteMust've missed the US Navy convoys escorting Saudi tankers all these years...can you provide the Task Group numbers? Saudi Arabia Kuwait Iraq Canada Anybody attacking those countries will face retaliation by the United States. Add up the proven oil reserves in those countries. I haven't even listed Qatar and UAE, who likely would get immediate protection as well. Never mind when the US decides to meddle more with Iran as well. Quote Share this post Link to post Share on other sites
lawrocket 3 #40 April 4, 2012 QuoteQuoteFeel free to dispute the numbers. Firstly you are confusing profit and revenue. Secondly, what Exxon lists as cost of a gallon of gas at retail already contains a hefty profit margin. Did you read the numbers I posted? Straight from a California Government website In California, federal, state and local governments take $.66 dollars for every gallon of gasoline sold. That is money right off the top straight to them. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
marks2065 0 #41 April 4, 2012 QuoteQuoteFeel free to dispute the numbers. Firstly you are confusing profit and revenue. Secondly, what Exxon lists as cost of a gallon of gas at retail already contains a hefty profit margin. profit for oil companies is much less per gallon than what the government takes per gallon. Quote Share this post Link to post Share on other sites
mnealtx 0 #42 April 4, 2012 QuoteQuoteFeel free to dispute the numbers. Firstly you are confusing profit and revenue. Secondly, what Exxon lists as cost of a gallon of gas at retail already contains a hefty profit margin. If you'd actually read the post, you would have seen that Exxon said their PROFIT on a gallon was slightly over two cents, as opposed to the 48 cents that gov't gets. Feel free to provide the numbers proving your claim, however.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
kallend 1,625 #43 April 4, 2012 QuoteQuoteProtecting the largest oil reserves in the world. Must've missed the US Navy convoys escorting Saudi tankers all these years...can you provide the Task Group numbers? Let's see: US military in action in Kuwait, Iraq, Libya... US carrier groups in the (Persian/Arabian) gulf. No US military action in Syria. Syria only has 0.26% of the world's reserves. Coincidence? I think not.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
mnealtx 0 #44 April 4, 2012 QuoteQuoteQuoteProtecting the largest oil reserves in the world. Must've missed the US Navy convoys escorting Saudi tankers all these years...can you provide the Task Group numbers? Let's see: US military in action in Kuwait, Iraq, Libya... US carrier groups in the (Persian/Arabian) gulf. No US military action in Syria. Syria only has 0.26% of the world's reserves. Coincidence? I think not. And where are the units *PROTECTING* the pipelines? Military action != protection.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
SkyDekker 1,123 #45 April 5, 2012 QuoteQuoteQuoteFeel free to dispute the numbers. Firstly you are confusing profit and revenue. Secondly, what Exxon lists as cost of a gallon of gas at retail already contains a hefty profit margin. If you'd actually read the post, you would have seen that Exxon said their PROFIT on a gallon was slightly over two cents, as opposed to the 48 cents that gov't gets. Feel free to provide the numbers proving your claim, however. That's because they are only listing their downstream profits.Downstream activities account for only about 30% of their profits. They buy the crude on the international market, like everybody else. However, they are also major sellers on the international market. So, when they buy crude for downstream activities, part of that money goes into their own pocket as profits, yet for their "blog post" they would list it as a cost. May help if you think about it as opposed to just reading a blog post. Quote Share this post Link to post Share on other sites
marks2065 0 #46 April 5, 2012 QuoteQuoteQuoteQuoteFeel free to dispute the numbers. Firstly you are confusing profit and revenue. Secondly, what Exxon lists as cost of a gallon of gas at retail already contains a hefty profit margin. If you'd actually read the post, you would have seen that Exxon said their PROFIT on a gallon was slightly over two cents, as opposed to the 48 cents that gov't gets. Feel free to provide the numbers proving your claim, however. That's because they are only listing their downstream profits.Downstream activities account for only about 30% of their profits. They buy the crude on the international market, like everybody else. However, they are also major sellers on the international market. So, when they buy crude for downstream activities, part of that money goes into their own pocket as profits, yet for their "blog post" they would list it as a cost. May help if you think about it as opposed to just reading a blog post. lets say you are right, if we add in the 70% that you say is missing then we have under 10 cents per gallon, and that is still a huge difference than what the government is taking. 10 cents per gallon at $4 a gallon is 2.5% total profit and that is very low as compared to things like ...... almost anything else. I don't hear you screaming about the evil apple company, or general electric, or liberal leaning colleges all making more profit. lets wake up and start really putting the blame on those that deserve it, like politicians that spend us into debt, tax us to death, restric oil drilling, distribute our hard earned money to those that are to lazy to work becxause welfare and unemployment are to easy to get. Quote Share this post Link to post Share on other sites
SkyDekker 1,123 #47 April 5, 2012 Quoteif we add in the 70% that you say is missing then we have under 10 cents per gallon, 70% of total profit. QuoteI don't hear you screaming about the evil apple company, or general electric, or liberal leaning colleges all making more profit. I am not screaming about the profits oil companies are making. I think there might be some price collusion going on in my local market, but it is very hard to prove. Would like to see an example of a college making more profit than Exxon though. Quoterestric oil drilling Yes, from the oil company perspective that is indeed what they would want. From a consumer perspective you would probably want your politicians to lobby for increased refinery capacity. Quote Share this post Link to post Share on other sites
mnealtx 0 #48 April 5, 2012 QuoteQuoteQuoteQuoteFeel free to dispute the numbers. Firstly you are confusing profit and revenue. Secondly, what Exxon lists as cost of a gallon of gas at retail already contains a hefty profit margin. If you'd actually read the post, you would have seen that Exxon said their PROFIT on a gallon was slightly over two cents, as opposed to the 48 cents that gov't gets. Feel free to provide the numbers proving your claim, however. That's because they are only listing their downstream profits.Downstream activities account for only about 30% of their profits. They buy the crude on the international market, like everybody else. However, they are also major sellers on the international market. So, when they buy crude for downstream activities, part of that money goes into their own pocket as profits, yet for their "blog post" they would list it as a cost. May help if you think about it as opposed to just reading a blog post. Since we're discussing thinking, why do you *think* that total profit is the same thing as profit per gallon sold? Why do you think EOM's total business is the same as gasoline sales, which is what we were discussing?Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
marks2065 0 #49 April 5, 2012 QuoteQuoteif we add in the 70% that you say is missing then we have under 10 cents per gallon, 70% of total profit. QuoteI don't hear you screaming about the evil apple company, or general electric, or liberal leaning colleges all making more profit. I am not screaming about the profits oil companies are making. I think there might be some price collusion going on in my local market, but it is very hard to prove. Would like to see an example of a college making more profit than Exxon though. Quoterestric oil drilling Yes, from the oil company perspective that is indeed what they would want. From a consumer perspective you would probably want your politicians to lobby for increased refinery capacity. I didn't say a college made more profit just a higher percentage of profit per dollar. I need to be over %5 profit just to keep up with changes in the auto industy, the oil industry needs billions to invest into future endevors, they can't do that if you reduce their profits to millions. Quote Share this post Link to post Share on other sites
rehmwa 2 #50 April 5, 2012 QuoteWould like to see an example of a college making more profit than Exxon though. you don't think education gets subsidized with tax dollars? ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
