Don't forget the double taxes paid on some of the SAME money when it was received as dividends by the stockholders
>
>>Second only to the states, the feds make more than the oil companies on >>each
>>gallon of gas you buy LOL
>
> Indeed they make up to 3 times the profit the gas companies make per
> gallon. So for every billion the gas companies make after they buy
> the crude, refine it, ship it and pump it the fed gets 3 billion
> roughly. That's not counting the taxes that the government collects
> directly from the oil companies. In 2006, for example Exxon paid more
> income taxes to the fed than the entire bottom 50% of all taxpayers.
> In 2006 the tax rate for that bottom 50% came to around 3% of their
> adjusted incomes. Exxon paid over 40%
>formatting link
>>
>>> >>>>> On Wed, 30 Apr 2008 19:57:37 GMT, "Don't Taze Me, Bro!"
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>> wrote:
>>>>>
>>>>> >>> The only proof that anyone has offered against the oil companies >>>>> >>> is
>>>>> >>> that they are making large profits. Apparently the simply minded >>>>> >>> feel
>>>>> >>> that large profits, regardless of the volume sold, proves >>>>> >>> criminality.
>>>>>
>>>>> >Doubling your profits while people are scrapping to get by is >>>>> >dubious.
>>>>> >That
>>>>> >is why I asked you to express your thoughts.
>>>>>
>>>>> >Do you feel that if a natural disaster of any type were to suddenly
>>>>> >devistate your area, that people should be able to raise the cost of >>>>> >their
>>>>> >products and double or tripple their profits off of your misfortune? >>>>> >Just
>>>>> >currious!
>>>>>
>>>>> Oil companies aren't making profits from peoples misfortunes. >>>>>
>>>>> They are not the guys that were selling Ice in Florida after a
>>>>> hurricane for $10 a bag.
>>>>>
>>>>> The price of a gallon of gas may have gone up over a dollar in the
>>>>> last year but the amount of profit per gallon taken by "big oil"
>>>>> remains the same as it was before.
>>>>> Oil companies are making huge profits because the world is buying a
>>>>> shitload of gasoline and also buying a shitload of petrochemical
>>>>> products in general.
>>>>>
>>>>> To be honest if Big Oil were to actually behave the same as any other
>>>>> business including little mom and pop types we would already be seeing
>>>>> $6 a gallon gas. If the oil companies followed the same rules as most
>>>>> folks in regards to maximizing profit based on supply, demand and what
>>>>> the market will bare then people would really be having strokes at the >>>>> pump.
>>>>> Compared to virtually every other commodity on the market Big oil has
>>>>> actually been fairly restrained in their pricing in regards to what
>>>>> they could actually charge and get if they really wanted to.- Hide
>>>>> quoted text -
>>>>>
>>>>> - Show quoted text -
>>>>
>>>>Great post. Have you noticed how everything has turned to s*it since
>>>>Comrade Piglosi and her pack of theives took control of congress?? And
>>>>they get a total pass from the left. Shades of the Clinton era. >>>
>>>
>>> Any news on the great plan that they said they had to keep gas prices >>> down?
>>> Guess they're waiting for the right time to reveal it to us yes? >>>
>>>
>>>
>>
>