ExxonMobil posts record 1Q earnings

[RiversideGator]

hmm....the exxon board is so corrupt and shortsighted that its founding family excoriates them in public for not shifting its resources to sustainable energy.

Hmm......

And yet several posters on this board regurgitate everything that the same Exxon Board finances in the way of climate change denying propaganda that they can get their hands on.

But then again, what could the Rockefellers possibly know about Exxon that the faithful at the assend of the disinformation machine havent already figured out?

The Rockefeller heirs, having never worked for any of their money and thus having no idea how wealth is created, are mainly liberal Democrats.  Hence, they are criticizing ExxonMobil for not pursuing "green" energy.

[RiversideGator]

It is pretty clear that much of their angst is political posing and the rest is ill informed bad business sense.  No one has a crystal ball of course but I think Exxon is doing pretty well focusing on their core business right now.

[jaxnative]

And of course, when Rockefellers become liberal democrats, they are immediately banned from board meetings,

Well, it's good to know ExxonMobil still makes good business decisions.

[Midway ®]

Interesting idea, except that ExxonMobil does not have a monopoly on supplying gasoline to US consumers.  Raising prices arbitrarily in such a fashion would result in a catastrophic loss of business.

No, you are incorrect 100%, as usual.

Once all of the other gas stations go dry, drivers would have no choice but to buy their gas at Exxon Mobil. That is assuming that all of the other suppliers did not follow their lead, increasing their prices, a la the airlines, which I am sure they would.  So, while Exxon Mobil does not have a monopoly, they most certainly operate within a system you might loosely refer to as a "cartel".

And besides, the oil companies are in such poor shape and heading for disaster, to listen to you, so why should they not seek a fair rate of return? Say $6.85 per gallon. Whats the problem with that? Hell, it's $9.00 in Europe. $6.85 is a bargain. Just think of the posts you could make explaining that adjusted for inflation it's actually cheaper then when it cost 23 cents a gallon in 1967!

[whitey]

hmm....the exxon board is so corrupt and shortsighted that its founding family excoriates them in public for not shifting its resources to sustainable energy.

Hmm......

And yet several posters on this board regurgitate everything that the same Exxon Board finances in the way of climate change denying propaganda that they can get their hands on.

But then again, what could the Rockefellers possibly know about Exxon that the faithful at the assend of the disinformation machine havent already figured out?

I'm sure they know just about as much as Paris Hilton knows about running a Hilton.

[Driven1]

i hate big business.  hate it!  phooey on it!

[RiversideGator]

Interesting idea, except that ExxonMobil does not have a monopoly on supplying gasoline to US consumers.  Raising prices arbitrarily in such a fashion would result in a catastrophic loss of business.

No, you are incorrect 100%, as usual.

Once all of the other gas stations go dry, drivers would have no choice but to buy their gas at Exxon Mobil. That is assuming that all of the other suppliers did not follow their lead, increasing their prices, a la the airlines, which I am sure they would.  So, while Exxon Mobil does not have a monopoly, they most certainly operate within a system you might loosely refer to as a "cartel".

And besides, the oil companies are in such poor shape and heading for disaster, to listen to you, so why should they not seek a fair rate of return? Say $6.85 per gallon. Whats the problem with that? Hell, it's $9.00 in Europe. $6.85 is a bargain. Just think of the posts you could make explaining that adjusted for inflation it's actually cheaper then when it cost 23 cents a gallon in 1967!

Here is the place where we leave the realm of economic reality and enter fantasy land.

[RiversideGator]

i hate big business.  hate it!  phooey on it!

If we could just cover the surface of the Earth with solar panels, then we could send the evil Exxon swine to the guillotine.  Workers of the world, unite!   

[Midway ®]

i hate big business.  hate it!  phooey on it!

If we could just cover the surface of the Earth with solar panels, then we could send the evil Exxon swine to the guillotine.  Workers of the world, unite!   

No, lets just cover you with solar panels. Then your existence would have a positive net effect. Hey, look! there goes Riverside Gator, he lights up a hundred watt bulb in the daytime!

[Downtown Dweller]

Gas Sign in California

[I-10east]

Especially the goofy looking ones who got their SUV FREE because of the tax breaks of the Bush Administration, with their buttsmacking air of doltish 'neo-conservatism' that you know have to fill the tank a couple of times a week.

Those are especially gratifying.

Couldnt happen to nicer people.

(I'm not trying to make a point, just a parody of StephenDare's antics)

[finehoe]

Taxpayers currently subsidize the oil industry by as much as $4.8 billion a year, with about half of that going to the big five oil companies—ExxonMobil, Shell, Chevron, BP, and ConocoPhillips—which get an average tax break of $3.34 on every barrel of domestic crude they produce.



http://www.motherjones.com/politics/2014/04/oil-subsidies-renewable-energy-tax-breaks