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Old August 30th, 2006, 02:06 PM   #61
RyeBread
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Quote:
Originally Posted by Icemanii
The oil companies are making billions
on collective capitol investments of literally trillions.

regardless of the gross profit amounts, if the percentage yeild is so low, there are a couple of factors to consider:

basic economic principals dictate, that when abnormal profits increase (in terms of margins) that more suppliers will enter the market, which in turn will stablize the abnormal profit/demand chain.

the inverse is also true. When they decrease to such a level as to no longer be attractive to new capitol/competition, and competing invesstments offer higher yeilds, then you will find participants leaving the market, and/or consolodating.

we have already witnessed countless oil company mergers...
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Old August 30th, 2006, 03:10 PM   #62
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It's just like Wal-Mart. If you don't like them, don't shop there. If you don't like so called "Big Oil", then you can either stop using their product, invest your own trillions of dollars into exploring, drilling, transporting, refining, distributing, fighting patent lawsuits, fighting with tree huggers, the IRS, and everyone else that wants a piece of your business, OR you can shut the hell up and live with it. Just don't bitch and moan because someone else has something you "need" and wants to earn a return for providing it to you.
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Old August 31st, 2006, 07:02 PM   #63
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on the original subject...

that amount of money were talking about... $250,000... compared to the 1,000,000,000 collected anually in gas taxes in the state of Michigan is hardly significant. That said, I don't like the idea of her throwing our money around in what is clearly a ploy to improve her chances in the election.

on the larger debate on "boifuels" I'm all for finding more ways to produce energy both big and small. It's obvious from the little reading i did that corn is not the best crop to grow for fuel, rapeseed and switch grass seem to be much better choices. I'm also all for using other means for generate energy like wind, solar, hydroelectric.

But in the end I see only one alternative, based on current technology, to significanty reduce our dependance on oil as a transportation fuel. That is to develop vehicles that run on hydrogen, and build nuclear power plants so we can use electrolysis to get the hydrogen. Nothing else comes close to producing enough energy to replace oil and gas.
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Old September 1st, 2006, 07:59 AM   #64
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I have a better solution. Tree huggers don't like any possible way of making electricity. Coal - bad. Nuclear - bad. Wind - bad. Hydro - bad. Solar - bad. How about we just stop providing electricity to all these enviromental hippie freaks. Less demand = lower prices, fewer plants, and lower emissions. Everybody wins.
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Old September 1st, 2006, 11:36 AM   #65
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Quote:
Originally Posted by Icemanii
So these little stations like the Clark station by my house that sells minimal product are losing money? Sorry, have a hard time believing that. If they were not making money on the fuel, they would just run stores.
Don't you realize that it's the gas that draws the customer in. How often do you go to a gas station and buy stuff without buying gas? If it was just a little store, you probably wouldn't be stopping.
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Old September 1st, 2006, 02:11 PM   #66
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Don't you realize that it's the gas that draws the customer in. How often do you go to a gas station and buy stuff without buying gas? If it was just a little store, you probably wouldn't be stopping.
yes i think he does sova. Thats why he was asking how if the mini mart store was the only money maker how do clark stations that sell just gas and have a building that is 12ftx12ft and no merchandise .... how do they remainin business. I think you missed his point. Not every gas station has a minimart in it. For about 15 years though the minimart thing is huge, more profitable than the service garags since most gas stations quit working on cars and do the mini mart thing instead. icemannii was asking how that is possible if the market is what makes the $$$

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