10% to 100% Increase

[backhoeboogie]

Spin. Republicans had Congress for 12 years, six with the White House, too. What kind of energy policy did they come up with? It hasn't affected the price of gasoline.

Oh but it will, for our grandkids even. No new nukes since the 70's. Now we have a fast track licensing agreement for them. Dozens planned in the past year alone. But this is off to hi-jack land again.

 

[Wewild]

If you take 10,000 dollars price of a half dozen cows and bought a varible annuity at 30 with the going rate and only contributed 50 dollars a month you would have nearly 350,000 dollars in your accountat retirement.......

With a decent portfolio manager it could easily be 750,000 off a 10,000 dollar investment.

I missed the $10k + 50 a month being $10k in the end for what ever you got in return. Your also talking years some ain't got.

How about the folks that are saddled with land that need the taxes paid each year and have herds there now. The land is appreciating here at a fair clip.

I'm sorry if I missed the point.

edit for spelling again

 

[Caustic Burno]

Stink bait will catch a hard head cat every time.
Frankie you are just jealous that you didn't have the foresight to invest in energy, you are to busy worrying about what someone else has. Americans are going to buy energy no matter if it gas, coal, or electricity.

 

[Frankie]

Stink bait will catch a hard head cat every time.
Frankie you are just jealous that you didn't have the foresight to invest in energy, you are to busy worrying about what someone else has. Americans are going to buy energy no matter if it gas, coal, or electricity.

Caustic, no one is jealous of a sad, arrogant, bully like you; least of all me. You don't have any idea what I'm invested in. But I'm willing to admit that I don't have any oil royalties like you. And all the while you're telling everyone how they should run their ranching operation. Hey, it's pretty easy if you have money rolling in every month, isn't it?

 

[VanC]

Actually, we're very comfortable financally. Hard work, saving, managment, investing has made our retirement as comfortable as anyone we know.

Good for you. So why can't you just enjoy what you've got and quit whining about what others have? It's not healthy and it's getting really old. You're starting to sound like guest25 aka Quality Cattle, only with a different fixation.

 

[Caustic Burno]

Stink bait will catch a hard head cat every time.
Frankie you are just jealous that you didn't have the foresight to invest in energy, you are to busy worrying about what someone else has. Americans are going to buy energy no matter if it gas, coal, or electricity.

Caustic, no one is jealous of a sad, arrogant, bully like you; least of all me. You don't have any idea what I'm invested in. But I'm willing to admit that I don't have any oil royalties like you. And all the while you're telling everyone how they should run their ranching operation. Hey, it's pretty easy if you have money rolling in every month, isn't it?

Frankie go look in the mirror you will see the most arrogant bitter old woman on the board.
Yes it is easy if your smart enough to invest your money instead of boo hoo all day about life has done me wrong.
I'm sorry you were not smart enough to invest wisely, but it is probablly best as you would end up dead broke. The stockmarket is not for people with blinders on.

 

[Frankie]

Actually, we're very comfortable financally. Hard work, saving, managment, investing has made our retirement as comfortable as anyone we know.

Good for you. So why can't you just enjoy what you've got and quit whining about what others have? It's not healthy and it's getting really old. You're starting to sound like guest25 aka Quality Cattle, only with a different fixation.

I AM enjoying what I have. But I don't set around and see injustice quietly. What this Adminstration and the oil companies have done and are doing is wrong. I didn't start the thread, but I'll put my 2cents when one like this comes up. You don't like what I have to say, don't read them.

Why does it bother you that I'm pointing out that we're being gouged by the oil companies? Can you deny their profits are up big time in the last four years? PROFITS that came out of my pocket, yours and many people who can't afford it. Does it bother you for me to point out that while United Airlines was coasting toward bankruptcy, while employees were taking cuts in pay, several of the top managment people took millions of dollars in bonuses? Does it bother you that companies are cutting medical coverage every day from employee benefits packages? At a family gathering recently, my niece told us that her husband had cashed in $2million worth of stock and options from his oil related company. That's great. He'd love to quite or retire, but can't because THEY CAN'T AFFORD MEDICAL COVERAGE, especially on a special needs child.

 

[backhoeboogie]

Stink bait will catch a hard head cat every time.


Americans are going to buy energy no matter if it gas, coal, or electricity.

Stink bait won't catch yellows tho. The only thing I can get them to bite is perch.

Speaking of electricity, ours was off for a while. 10 month old grandson was pointing at the lights on the ceiling and waving his arms like crazy.

Profit margins are up for lots of industries. That is good for the economy. Lets hope it continues. If not, we will slip off into a recession. High inflation is bad but deflation is awful. You'd best keep your nickels blended into several entities with Pelosi stirring the pot.

 

[aplusmnt]

I don't remember gas taking a big jump under Clinton. Will you please post something showing that it did AND STAYED HIGH.

If you remember there was a rise and stink going on just a few months before Bush took office. Prices were already rising, partly due to the fact Clinton spent the previous 7 years doing nothing or actually hurting things by vetoing legislation that would increase oil production in the U.S.

Spin. Republicans had Congress for 12 years, six with the White House, too. What kind of energy policy did they come up with? It hasn't affected the price of gasoline.

If you notice below the oil companies profits rose 500% in one year under Clinton! ;-) Why was Clinton dipping into oil reserves if prices were stable during his term?

Don't know. But you haven't shown that gasoline prices and oil company profits rose and stayed up under Clinton like they have under Bush. I'm waiting.

Basically Bush inherited Clinton's lack of energy policy, and the start of rising gas prices as he came into office.

And the energy policy Bush and Cheney put in place is a mystery because Cheney refuses to release the minutes of his meeting with oil company execs early in his tenure in office. They'll be available some day. Remember when they come out that I said they planned to stick it to you and me at the gas pump.

then came 911, war in Afghanistan, war in Iraq, major instability in the Middle East, threat of War with Iran.

There's no oil in Afghanistan. Why should that affect oil prices? And 9/11 pretty well shut the country down for a while. Gas demand was down for a while. Was that reflected in gas prices. 9/11 had nothing to do with the war in Iraq. That war didn't just happen, Bush made it.

With all that going on we should be happy gas is not $5.00 per gallon like in European Countries.

You can be greatful to the oil companies for shafting you just a little bit, I won't, at least not without screaming. There is no reason for gasoline to be priced where it is today. Every quarter, profits for oil companies go up. When they don't make it on oil, they increase their refinery margins. Gas prices moderated in Sept, Oct last year because the election was near. As soon as Bush was re-elected, they started up again. One excuse after another and that's fine. But they NEVER go down. They went up after Katrina because some rigs and infastructure was destroyed, but those are mostly online again AND GAS IS HIGHER THAN IT WAS THEN.

Re publican's offered energy bills and Clinton Vetoed them. One was for more drilling in Alaska.

Why is it Bush's fault when prices go up but when they go up under Clinton it was the Republican Controlled Congresses fault? :roll: :roll: :lol:

Seems Clinton OK'd a couple big Oil companies to merge creating this larger monster that you are so jealous of. Forget which ones, but I am sure you can prove me wrong if I am. ;-)

You Ask What did Afghanistan have to do with higher oil prices? Any instability in that region affects energy prices.

If a Saudi leader stumps his toe oil goes up. Speculators start buying at the hope that his toe will put him in a bad mood and he will cut oil production.

I am glad oil companies profits go up every quarter, I do wish prices could stay low and they make a good profit but in the end as long as American companies are making money and hiring employees then the economy will continue to grow as it has the last year despite all the negative things affecting it since 911.

Did oil prices stay up under Clinton? They went down early in his years because he made a quick fix and put a bandaid on it by releasing some of our reserves. And by the time it was hitting a full steam problem his term was over.

He and Gore were scrambling in summer of 2000 to put some bandaid on the problem so Gore could get elected. If Gore would have got elected we would still be looking at these same problems since then he would have inherited Clinton's blunders instead of Bush.

One other thought, if Bush is so to blame for high gas prices in the U.S. then who is to blame for the even Higher gas prices elsewhere around the world? Many, Many other countries would love to have the prices we have now. Guess Bush is secretly running all them countries also huh or is it Cheney? :roll:

How do you explain that Oil companies have a smaller profit margin than many other fortune 500 companies? Why is it so bad for oil companies to try to get the same rate of return on their money as Wal-Mart or other retailers?

 

[Wewild]

Profit margins are up for lots of industries. That is good for the economy. Lets hope it continues.

Maybe so. They all haul with desiel and some are converters of petrolem in a different form. Life ain't good for them.

How is housing doing?

 

[Txwalt]

Did some quick research. Profit margin for

exxon mobile 11.65%
microsoft 27.97%
merck 20.08%
cisco 20.27%
yahoo 11.24%

The oil companies are making record profits because the price of crude is up 5 times. Someone posted $12 for a barrel of crude back with the first Bush. Now its somewhere around $60. If the profit margin stays the same how can they not make record profits.

Walt

 

[aplusmnt]

Why are gasoline prices so high?
THEY AREN'T.

Compared to 1981, inflation adjusted-prices today are 27 cents CHEAPER than the $3.11 all-time high (inflation-adjusted) gasoline cost in March 1981. SOURCE. For one example of a 1979-2005 inflation-adjusted and nominal price chart for gasoline

Oil company profits: A perspective
Earnings, Revenues, Profits (Billions) for selected companies, recent quarter, 2005

Source: Bloomberg News, reported in AAPG Explorer Dec. 2005

Company Profit Margin

Citigroup 33%
Microsoft 32%
Coca-Cola 21%
Procter & Gamble 14%
General Electric 11%
ExxonMobil 11%
ConocoPhillips 8%
IBM 7%
Chevron 7%
Wal-Mart 4%

Oil industry average profit margin is about 8.2%; (3rd Q. '05)
for all US industry, the average is about 6.8%.

Profits in the oil industry were easily outpaced by those of the
Pharmaceuticals, Banks, Household Products, Software, Telecommunications,
Semiconductors, Consumer Services, and Food, Beverage and Tobacco sectors.

 

[Alice]

Americans are going to buy energy no matter if it gas, coal, or electricity.

And I guess that makes price gouging ok...

Bah!

Alice

 

[Caustic Burno]

Americans are going to buy energy no matter if it gas, coal, or electricity.

And I guess that makes price gouging ok...

Bah!

Alice

I can't even make fun of you Alice I actually pity someone that has so little understanding of how a commodities market works.
You can always move to Iran there the government subsidises that industry like we do corn.

 

[aplusmnt]

I am starting to feel bad now, maybe I should send Frankie some money, seeing how the average oil company Profit margin is about 8.2% and my Company is about 5 times that.

I feel like I might be to blame for some of this seeing how I clean 10 gas stations owned by a local oil distributors. My 40% Profit margin might have cost them so much in operating cost they had to raise their prices to receive that marginal 8.2% that they make.

I hope I can sleep tonight with all this guilt on my head. ;-)

 

[Alice]

Americans are going to buy energy no matter if it gas, coal, or electricity.

And I guess that makes price gouging ok...

Bah!

Alice

I can't even make fun of you Alice I actually pity someone that has so little understanding of how a commodities market works.
You can always move to Iran there the government subsidises that industry like we do corn.

One thing I do understand is common decency and courtesy...something you seem to fall well short in.

When you get challenged you're like a phonograph record with a big scratch in it, Caustic. Move to Iran, move to Iran, move to Iran...Move to Iraq, move to Iraq, move to Iraq...

Alice

 

[Caustic Burno]

I am starting to feel bad now, maybe I should send Frankie some money, seeing how the average oil company Profit margin is about 8.2% and my Company is about 5 times that.

I feel like I might be to blame for some of this seeing how I clean 10 gas stations owned by a local oil distributors. My 40% Profit margin might have cost them so much in operating cost they had to raise their prices to receive that marginal 8.2% that they make.

I hope I can sleep tonight with all this guilt on my head. ;-)

Aplus don't fee bad its not your fault maybe ................
Hey I pming some good book names about commodities and free enterprise next time you stop by your socialist friends they really need to read.

 

[Gate Opener]

My daddy can beat your daddy up.
I've got more money than you.
My muscle is bigger than yours.
I'm better looking than you.

Sounds like little kids.

I fell into the trap of feeling like I had to defend myself in this post and I should have not said anything about my personal finances. Neither should anyone else. Is someone who has more money better than someone who has less and is doing everything they can to better their situation? I don't think so. God gives us different talents God gives us our looks(other than someone taking care of themselves vs not)What does anyone have to brag about? God gives people wisdom-remember Soloman? Its like my mama told me one time. Don't go picking fights because there will always be someone tougher than you. Same thing applies with aptitude and money. There will always be someone smarter than you, there will always be someone with more money than you.

It would be nice if a post could stay on topic instead of personal attacks. We are here to talk about issues and I don't really care as Judge Judy would say a rats behind about someone else's business.

It would be nice also if you have a disagreement with someone once don't slam them any chance you get from here on out.

I would hope we could all be grown up enough to talk about something without all of this nonsense.

 

[Txwalt]

I would hope we could all be grown up enough to talk about something without all of this nonsense.

NOT!

Walt