Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Every Thing Else Board
Gas Prices Dropping
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="aplusmnt" data-source="post: 267901" data-attributes="member: 1399"><p>I hate to defend the oil companies, but even though they have record gross profits if you look at their profit margin it is a lot less than other Fortune 500 countries here in the U.S. I think it is almost half that of Wal-Mart. They just deal with big figures. </p><p></p><p></p><p><em>in 2004 Exxon Mobil earned more money -- $25.33 billion -- than any other company on the Fortune 500 list of largest corporations. But by another measure of profitability, gross profit margin, it ranked No. 127.</em></p><p><em></em></p><p></p><p>I hate high gas prices as much as the next person. But I always find it funny when everyone rags on a company for doing what it was started to do, make money. I went and ate at Outback Steak House Saturday night, my Ribeye Steak was $19.00. To lots of people the price of beef seems outrageous. So they eat more chicken and prices come down</p><p></p><p>If we use less gas prices will come down. </p><p></p><p>Buy some stock in some oil companies and then see if you wish they would willfully make less money. Do we have the right to ask a company to try to make less profit? What if government came in and said you can sale 500lb calves for no more than $1.00 per pound? That is what you want them to do to the oil companies. They have ever right to make as much money as possible. </p><p></p><p>That is what makes America Great!</p></blockquote><p></p>
[QUOTE="aplusmnt, post: 267901, member: 1399"] I hate to defend the oil companies, but even though they have record gross profits if you look at their profit margin it is a lot less than other Fortune 500 countries here in the U.S. I think it is almost half that of Wal-Mart. They just deal with big figures. [i]in 2004 Exxon Mobil earned more money -- $25.33 billion -- than any other company on the Fortune 500 list of largest corporations. But by another measure of profitability, gross profit margin, it ranked No. 127. [/i] I hate high gas prices as much as the next person. But I always find it funny when everyone rags on a company for doing what it was started to do, make money. I went and ate at Outback Steak House Saturday night, my Ribeye Steak was $19.00. To lots of people the price of beef seems outrageous. So they eat more chicken and prices come down If we use less gas prices will come down. Buy some stock in some oil companies and then see if you wish they would willfully make less money. Do we have the right to ask a company to try to make less profit? What if government came in and said you can sale 500lb calves for no more than $1.00 per pound? That is what you want them to do to the oil companies. They have ever right to make as much money as possible. That is what makes America Great! [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Every Thing Else Board
Gas Prices Dropping
Top