We Could Build a Coal-to-Gasoline Conversion Plant

I heard Microsoft has a profit margin of 85% on its home OS software. I'm glad MS isn't running the oil companies. ;)

tom

Reply to
Tom The Great
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ExxonMobile had a profit margin of around 10.8%.

Walmart and its competitors had profit margins of around 3.6%.

The values are from yahoo fiance

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I am sure that the corporate filings with the SEC will be consistant with the yahoo finance numbers. After all, that is where Yahoo gets them.

Jeff

Reply to
Jeff

Jeff, you and Mike are bad readers,,, Or are a bad study,,, Give it up... You have both taken it beyond your means... Wasting everyone time if you cannot respond to others... Have a good day, not that I would think that you would see this message..

Gerald

Reply to
gerald2003r

Gerald my friend don't you recognized when sombodys chain is being pulled? ;)

mike hunt

Reply to
Mike Hunter

Then, ignore the thread.

Bye.

Jeff

Reply to
Jeff

What specific claim did I not back?

Jeff

Reply to
Jeff

Other tactics you might try include top-posting, to make it harder to follow threads, ignoring particular parts of threads where you have been shown to be incorrect, claiming that the other people don't support their arguments when the other people are asked for evidence, deleting parts of a post without indicating that fact when those parts of the post contain the information that shows the other person is incorrect.

Mike is an expert at all of these, so you can read his posts for examples of each of them.

Please provide evidence that oil companies have burned off "volatiles" in large quantities to get rid of them in recent years.

Jeff

Reply to
Jeff

Now we are getting to the crux of the problem, I never said 'oil companies have burned off "volatiles" in large quantities to get rid of them in recent years.' No wonder you can not prove that it. What I have been saying all along is what I said in my post. If they can not store gasoline or sell it a profit they will burn it off and take a tax credit as a capital loss ;)

mike hunt

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Reply to
Mike Hunter

I can see why you are in a quandary, if you can't remember what you posted I can understand why you can not prove what you said. ;)

mike hunt

Reply to
Mike Hunter

Why are you against top posting. Many email and newsreaders automatically top post.

My grip is people don't clip enough. Too much crap gets dragged along with every reply.

Reply to
The BEnevolent dbu

There you go again. You said that I did not back a claim. I asked which one, and now you are unable to back YOUR claim.

Jeff

Reply to
Jeff

Please demonstrate that the oil companies have burned off gasoline and claimed it as a capital loss, then.

Jeff

Reply to
Jeff

Top posting makes it harder to follow a thread.

Jeff

Reply to
Jeff

Again you miss quote, what I said was 'If they can not store gasoline or sell it a profit they will burn it off and take a tax credit as a capital loss....I told you before I do not do homework for my own grand children, I'm not about to do yours. If you really need to know when the oil companies burned of volatiles, in the past that they could not sell or store, I suggest you do a search, as I did. You might start by searching the IRS site. The tax returns of publicly held corporations are public records, viewable to anybody willing to search.. You will be amazed at how many billions in federal taxes the government collects form the oil companies, by the way.

As to that ability of one to take a capital loss, I pay of lot of money to attorneys and accounts for advice on when I can take a capitol loss, I suggest if you want tax advice, you can do the same. Lucky for me I generally have to pay capital gains taxes

mike hunt

Reply to
Mike Hunter

I'm not claiming anything I simply asked you what was it you posted. How do you expect somebody else to remember something you posted, after you snipped everything several post ago to suit your bottom posting obsession, when YOU don't even remember what you posted? ;)

Reply to
Mike Hunter

Then, ignore the thread.

Bye.

Jeff

Yup Done deal! Only because the thread is senseless. The thread had some good content until you guys took it into space with a version of a HOT AIR ENGINE...

Good luck...

Gerald

Reply to
gerald2003r

hi, its just all crap, . the government knows that we CANNOT live/survive without gasoline, so they come up with the bullcrap that supplys are getting shorter etc..... so that they can hijak the oil prices. australia produces gasoline , but some how we here mysteriously dont use it , cause if there is anything happening in the world , the gov goes " due to %^$$^$%&^%$^%$ the price of petrol has to go up "

how come petrol , one week is $ 1.28 a litre then something happens in the world and petrol goes up 10 cents ?? what about the petrol that was in the tanks at the stations for 1.28 , . why doesnt the petrol that was in the tanks stay at 1.28 , cause they got it at the cheaper price , why dont they use that up then put more petrol in at the dearer price.

there is no way teh petrol companies will allow a extremely high mileage per litre petrol engine to be produced. that means they will sell less fuel , what about the people taht have designed these engines , and teh petrol compaines brought them out or hasseld em ?

another example of governments bullshit is teh cyclones taht went thru innasvale , queensland , and ruined some bananna crops, because of that they say prices of bannanas will go from 14$ a box to 40$ they make it sound like innasvale was the only place taht grew bananna, infact there are 4 other places near by taht where untouched by teh cyclone taht grew banannas, plus there are another 13 major places in australia that grow alot more bannans than innasvale, its just all bullshit.

Reply to
mark krawczuk

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