# Why you all should stop crying, and take an econ class
**URL:** https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554
**Category:** NYSpeed Off Topic
**Created:** [January 31, 2006, 8:45am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554 "2006-01-31T08:45:46Z")
**Posts on this page:** 20
**Page:** 1
### Author:  [@walter](https://forums.speedlife.net/u/walter)
#### Post date: [January 31, 2006, 8:45am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/1 "2006-01-31T08:45:46Z")
[http://www.exxonmobil.com/Corporate/Files/Corporate/OpEd\_secondlook.pdf](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.
---
### Author:  [@duck](https://forums.speedlife.net/u/duck)
#### Post date: [January 31, 2006, 9:58am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/2 "2006-01-31T09:58:19Z")
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.
---
### Author:  [@MaximaSE98](https://forums.speedlife.net/u/MaximaSE98)
#### Post date: [January 31, 2006, 10:00am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/3 "2006-01-31T10:00:19Z")
i am gonna staert buying shares in Exxon
---
### Author:  [@Bucker](https://forums.speedlife.net/u/Bucker)
#### Post date: [January 31, 2006, 10:03am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/4 "2006-01-31T10:03:44Z")
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.
---
### Author:  [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)
#### Post date: [January 31, 2006, 10:11am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/5 "2006-01-31T10:11:58Z")
You don’t need the coma in the title, Walter.
---
### Author:  [@Zer0DazE](https://forums.speedlife.net/u/Zer0DazE)
#### Post date: [January 31, 2006, 10:14am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/6 "2006-01-31T10:14:28Z")
> [@MaximaSE98](#):
>
> i am gonna staert buying shares in Exxon
you should have started right after the storm… or even before
---
### Author:  [@walter](https://forums.speedlife.net/u/walter)
#### Post date: [January 31, 2006, 10:18am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/7 "2006-01-31T10:18:52Z")
> [@RedGoober4Life](#):
>
> You don’t need the coma in the title, Walter.
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
---
### Author:  [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)
#### Post date: [January 31, 2006, 10:45am UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/8 "2006-01-31T10:45:32Z")
Yeah, but that was wrote by some economist. Not our star speller and engineer, Walter. 🙂
---
### Author:  [@walter](https://forums.speedlife.net/u/walter)
#### Post date: [January 31, 2006, 12:36pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/9 "2006-01-31T12:36:55Z")
> [@RedGoober4Life](#):
>
> Yeah, but that was **wrote** by some economist. Not our star speller and engineer, Walter. 🙂
Kettle, meet pot
:roll:
---
### Author:  [@ecoshardcore](https://forums.speedlife.net/u/ecoshardcore)
#### Post date: [January 31, 2006, 12:42pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/10 "2006-01-31T12:42:35Z")
Thank you Walter. Dual Business/Economics degree for me.
---
### Author:  [@Janny](https://forums.speedlife.net/u/Janny)
#### Post date: [January 31, 2006, 12:42pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/11 "2006-01-31T12:42:43Z")
> [@RedGoober4Life](#):
>
> You don’t need the coma in the title, Walter.
you need another M in that coma, Corey.
;c )
---
### Author:  [@zwarbyt](https://forums.speedlife.net/u/zwarbyt)
#### Post date: [January 31, 2006, 1:51pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/12 "2006-01-31T13:51:22Z")
and unlike other industries, there are only 4 major oil companies…
so yeah that doesnt change EVERYTHING you just said
---
### Author:  [@fairgentleman\_Z](https://forums.speedlife.net/u/fairgentleman_Z)
#### Post date: [January 31, 2006, 1:54pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/13 "2006-01-31T13:54:24Z")
Who is crying?
---
### Author:  [@walter](https://forums.speedlife.net/u/walter)
#### Post date: [January 31, 2006, 2:12pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/14 "2006-01-31T14:12:21Z")
> [@zwarbyt](#):
>
> and unlike other industries, there are only 4 major oil companies…
>
> so yeah that doesnt change EVERYTHING you just said
You’re right, it doesn’t. How many electric providers are available at your house? How about cable? Land line telephone?
---
### Author:  [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)
#### Post date: [January 31, 2006, 3:06pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/15 "2006-01-31T15:06:23Z")
> [@walter](#):
>
> Kettle, meet pot
>
> :roll:
OH VERBS!
---
### Author:  [@walter](https://forums.speedlife.net/u/walter)
#### Post date: [January 31, 2006, 4:16pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/16 "2006-01-31T16:16:28Z")
> [@RedGoober4Life](#):
>
> OH VERBS!
you suck at everything
everything except being gay
that you are pretty good at
---
### Author:  [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)
#### Post date: [January 31, 2006, 4:18pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/17 "2006-01-31T16:18:01Z")
You suck at sucking. ☹
---
### Author:  [@walter](https://forums.speedlife.net/u/walter)
#### Post date: [January 31, 2006, 4:35pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/18 "2006-01-31T16:35:15Z")
I know, I don’t… sorry.
---
### Author:  [@OfficerK](https://forums.speedlife.net/u/OfficerK)
#### Post date: [January 31, 2006, 4:48pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/19 "2006-01-31T16:48:51Z")
> [@walter](#):
>
> You’re right, it doesn’t. How many electric providers are available at your house? How about cable? Land line telephone?
and we overpay for all of those as well, your point?
---
### Author:  [@JEG](https://forums.speedlife.net/u/JEG)
#### Post date: [January 31, 2006, 5:48pm UTC](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554/20 "2006-01-31T17:48:19Z")
> [@OfficerK](#):
>
> and we overpay for all of those as well, your point?
:word:
[Next page](https://forums.speedlife.net/t/why-you-all-should-stop-crying-and-take-an-econ-class/7554.md?page=2)