Why you all should stop crying, and take an econ class

NYSpeed Automotive NYSpeed Off Topic
1

http://www.exxonmobil.com/Corporate/Files/Corporate/OpEd_secondlook.pdf

Cliffs-
*The oil industry posts a profit margin of 8.2%. Average industry is 6.8% (XOM is not that far out of wack, I don’t hear anyone bitching about Banks making 18%).
*The oil industry is CAPITAL INTENSIVE.
*Yes, the quarterly income was HUGE. But, its mainly because revenues were HUGE. Profit margins are not that big nor are they unfair. People are just buying a shit ton of gas/oil.

2

saw that in the ny times yesterday.
“interesting” is all i’m going to say. i’m waiting for the conspiracy theorists and some sort of rebuttal.

3

i am gonna staert buying shares in Exxon

4

Max, might be a bad move. Walter, thank you so much. This is exactly what I was saying in that OTHER thread on this subject.

5

You don’t need the coma in the title, Walter.

6

you should have started right after the storm… or even before

7

While I don’t need it, it’s not grammatically incorrect either.

No need to ride my nuts, you missed other blatant errors in the thread as well

staert

8

Yeah, but that was wrote by some economist. Not our star speller and engineer, Walter. :slight_smile:

9

Kettle, meet pot

:roll:

10

Thank you Walter. Dual Business/Economics degree for me.

11

you need another M in that coma, Corey.

;c )

12

and unlike other industries, there are only 4 major oil companies…

so yeah that doesnt change EVERYTHING you just said

13

Who is crying?

14

You’re right, it doesn’t. How many electric providers are available at your house? How about cable? Land line telephone?

15

OH VERBS!

16

you suck at everything

everything except being gay

that you are pretty good at

17

You suck at sucking. :frowning:

18

I know, I don’t… sorry.

19

and we overpay for all of those as well, your point?

20

:word: