Good job last year guys way to stick it to us!
Exxon Mobil made $40.6 Billion in profits last year!! WTF!?!?!?!?!
http://www.americanprogress.org/issues/ ... h_oil.html
sorry I dont know how to make it a hyperlink thingy
Yeah for big oil!!!
As bad as it seems, it's not totally their fault. They make a product, it costs them x dollars to make. Stock brokers tell them their product is worth y dollars, so they sell it for that. It's pretty simple really.
That being said, it's what they do with the profit that matters... and I don't see any massive innovations coming out of them right now.
That being said, it's what they do with the profit that matters... and I don't see any massive innovations coming out of them right now.
Sarcasm is a tool the weak use to avoid confrontation. People with any balls just outright lie.
[quote="Meadows"]I try not to put it in my mouth now, but when I do, I hold it with just my lips.[/quote]
[quote="Meadows"]I try not to put it in my mouth now, but when I do, I hold it with just my lips.[/quote]
why would they do "massive innovations" that would then make their product obsolete?dhoyne wrote:As bad as it seems, it's not totally their fault. They make a product, it costs them x dollars to make. Stock brokers tell them their product is worth y dollars, so they sell it for that. It's pretty simple really.
That being said, it's what they do with the profit that matters... and I don't see any massive innovations coming out of them right now.
"Unthinkably good things can happen, even late in the game." ~ Under the Tuscan Sun
Because they know their product is not going to be around forever and stockholders don't like seeing a company go out of business and wiping out their investment. A good example is how digital photography has almost completely replaced film nearly killing Kodak.
The theory of evolution is just as stupid as the theories of gravity and electromagnetism.
stockbrokers tell them the price????? whoa, someone needs a new economic lesson.dhoyne wrote:As bad as it seems, it's not totally their fault. They make a product, it costs them x dollars to make. Stock brokers tell them their product is worth y dollars, so they sell it for that. It's pretty simple really.
That being said, it's what they do with the profit that matters... and I don't see any massive innovations coming out of them right now.
it really isn't that simple.Positive vibes brah...positive vibes.
well it seems to be me the bigger the company, the more entrenched they are in "this is the way it has always been" and the slower they are to change - even if that's in their best interest. I seriously doubt that big oil will EVER come up with "massive innovations." But I'm holding out hope for small companies coming up with alternatives.
"Unthinkably good things can happen, even late in the game." ~ Under the Tuscan Sun
-
heidiramma
- Posts: 738
- Joined: Sun Jan 07, 2007 2:46 pm