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Janice
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#221 Postby Janice » Fri Apr 21, 2006 1:44 pm

Well, thank God for that, thanks.....
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alicia-w
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#222 Postby alicia-w » Fri Apr 21, 2006 1:54 pm

and yet:

Exxon Mobil Corp., the world's largest oil company, raised Chief Executive Rex Tillerson's pay by 33% last year to $13 million as record energy prices boosted the company's profit to the highest in U.S. history.

Exxon Mobil increased Tillerson's salary 22% to $1.17 million and raised his bonus 25% to $1.25 million, the Irving, Texas-based company said Wednesday in a filing with the Securities and Exchange Commission. Tillerson was president until he succeeded Lee Raymond as chairman and CEO on Jan. 1.

http://www.latimes.com/business/careers ... &cset=true

the exxon station down the street has some nerve charging 2.98 when everyone else was 2.84.... you dont see too many folks pulling in there to gas up. and now i know i wont buy exxon gas ANYWHERE.
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#223 Postby alicia-w » Fri Apr 21, 2006 2:07 pm

and some poor veteran had to pawn his rolex to pay for gas...
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#224 Postby alicia-w » Fri Apr 21, 2006 3:10 pm

from cnn.com

Image

Some choose to pump air instead of gas.

Priceless and pragmatic!!!
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#225 Postby cycloneye » Fri Apr 21, 2006 3:33 pm

Oil closed today at a all time new record of $75.17 a barrel. :eek: So folks prepare for much more hike in the gas prices.

Here in Puerto Rico today the price at the pump rose to $2.95 a gallon.
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#226 Postby Janice » Fri Apr 21, 2006 3:39 pm

Yes, John said the same thing this morning when he filled up. It is getting close to $3 a gallow here too. Thanks Cycloneye
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#227 Postby LAwxrgal » Fri Apr 21, 2006 3:56 pm

They said on the news today that there might be an investigation into whether some of the oil refineries are PURPOSELY not repairing some of the pipelines in the Gulf of Mexico that were destroyed by Katrina/Rita. They think that because they might be doing that, they're hiking the prices of gasoline to boost their profits (as if their profits haven't already been boosted enough LOL)
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#228 Postby alicia-w » Fri Apr 21, 2006 3:56 pm

hey, exxon has to pay that CEO somehow...
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#229 Postby LAwxrgal » Fri Apr 21, 2006 3:57 pm

alicia-w wrote:hey, exxon has to pay that CEO somehow...


:lol: Yeh, that's true, I guess... :lol: Unfortunately, as usual with big business, we get the short end of the stick.

That's how they wound up with the record profits last year. They have to maintain their cushy lifestyles while us average folks have to scrounge for gas...
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#230 Postby DoctorHurricane2003 » Fri Apr 21, 2006 4:03 pm

$2.89/Gal Sheetz in College Township
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#231 Postby JTD » Fri Apr 21, 2006 4:42 pm

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#232 Postby george_r_1961 » Fri Apr 21, 2006 8:51 pm

Spent an hour tonite looking for gas before I found some. The staff at the stores with empty tanks said they have NO IDEA when the next delivery will be.
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#233 Postby Stephanie » Fri Apr 21, 2006 9:01 pm

LAwxrgal wrote:They said on the news today that there might be an investigation into whether some of the oil refineries are PURPOSELY not repairing some of the pipelines in the Gulf of Mexico that were destroyed by Katrina/Rita. They think that because they might be doing that, they're hiking the prices of gasoline to boost their profits (as if their profits haven't already been boosted enough LOL)


Something's up (not just the prices).

I think it's DISGUSTING that Exxon would increase a CEO's salary by 33% because of record profits. I much more "in your face" can you get?

There needs to be a thorough investigation done on this. I realize that there are international issues and the days of the $1.25 per gallon gas is long gone, but come on.
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#234 Postby rainstorm » Fri Apr 21, 2006 9:23 pm

so, the govt should set salaries now? since you asked the question, how many people does exxon employ? how many millions of people own exxon stock and receive dividends? how many retired peoples pensions are funded by highly valued exxon stock? let me ask you this. do you know of anyone or any business that could sell gas less expensively? do you know that gas is 6 bucks a gallon in some european countries and that gas here is about as cheap as it gets in the world?

if anyone on here can tell me how they could sell gas for less that exxon does, let me know, considering:
they have to first spend money to lease places to explore for oil
they have to buy equipment
they have to actually explore for oil
they have to get it out of the ground
they have to ship the oil in billion dollar tankers from around the world in many instances.
they have to build refineries and maintain them to refine the oil
they have to refine the oil
and now, due to epa regulations, they have to refine it into more than 55 different formuals instead of 1, even though not 1 new refinery has been built in 30 years
they then have to ship the refined product by truck or pipeline to huge storage tanks.
then other trucks have to come and ship it to retail locations to sell
they have to conform to a mountain of rules and regulations set forth by govt

so, i want any of you to say how you think gas can be sold for less than the oil companies sell it for. i dont think you can
and do you realize oil companies have been investigated by congress 38 times in the last 20 years, democrat and republican, and so far, no instances of irregularites?

lets look at some other things
oil companies dont set the world price per barrell, stock speculators in futures markets do.
we refuse to allow any new drilling here
we refuse to expand nuclear power. we invented nuclear power, and the entire world other than us is expanding its use.

again, exxon contributes more to the national welfare than anyone can imagine


i will leave you with 1 question. take a wild stab at how much tax exxon paid to the govt last year, 2005. does anyone know?
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#235 Postby george_r_1961 » Fri Apr 21, 2006 9:24 pm

Stephanie wrote:
LAwxrgal wrote:They said on the news today that there might be an investigation into whether some of the oil refineries are PURPOSELY not repairing some of the pipelines in the Gulf of Mexico that were destroyed by Katrina/Rita. They think that because they might be doing that, they're hiking the prices of gasoline to boost their profits (as if their profits haven't already been boosted enough LOL)


Something's up (not just the prices).

I think it's DISGUSTING that Exxon would increase a CEO's salary by 33% because of record profits. I much more "in your face" can you get?

There needs to be a thorough investigation done on this. I realize that there are international issues and the days of the $1.25 per gallon gas is long gone, but come on.


This isnt free enterprise this is outright price gouging and its effects will be felt by everyone. The prices of goods and services will increase and people will not have the money to spend that they would have otherwise had. This can lead to increased unemployment, and even more people with bills they cant pay. You do not have to be a Harvard graduate to understand this. Our already fragile economy is getting systematically wrecked.
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#236 Postby george_r_1961 » Fri Apr 21, 2006 9:28 pm

rainstorm wrote:so, the govt should set salaries now? since you asked the question, how many people does exxon employ? how many millions of people own exxon stock and receive dividends? how many retired peoples pensions are funded by highly valued exxon stock? let me ask you this. do you know of anyone or any business that could sell gas less expensively? do you know that gas is 6 bucks a gallon in some european countries and that gas here is about as cheap as it gets in the world?

if anyone on here can tell me how they could sell gas for less that exxon does, let me know, considering:
they have to first spend money to lease places to explore for oil
they have to buy equipment
they have to actually explore for oil
they have to get it out of the ground
they have to ship the oil in billion dollar tankers from around the world in many instances.
they have to build refineries and maintain them to refine the oil
they have to refine the oil
and now, due to epa regulations, they have to refine it into more than 55 different formuals instead of 1, even though not 1 new refinery has been built in 30 years
they then have to ship the refined product by truck or pipeline to huge storage tanks.
then other trucks have to come and ship it to retail locations to sell
they have to conform to a mountain of rules and regulations set forth by govt

so, i want any of you to say how you think gas can be sold for less than the oil companies sell it for. i dont think you can
and do you realize oil companies have been investigated by congress 38 times in the last 20 years, democrat and republican, and so far, no instances of irregularites?

lets look at some other things
oil companies dont set the world price per barrell, stock speculators in futures markets do.
we refuse to allow any new drilling here
we refuse to expand nuclear power. we invented nuclear power, and the entire world other than us is expanding its use.

again, exxon contributes more to the national welfare than anyone can imagine


i will leave you with 1 question. take a wild stab at how much tax exxon paid to the govt last year, 2005. does anyone know?



Yea and after doing all that they give the CEO a nice big raise and a bonus
while most of us peons are struggling to make ends meet.
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#237 Postby rainstorm » Fri Apr 21, 2006 9:33 pm

lee raymond, the chairman of exxon, had an interesting comment, back when a barrell of gas was selling for 10 bucks and oil co's were laying off people and losing money, the govt didnt stop by to ask how they could help
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#238 Postby george_r_1961 » Fri Apr 21, 2006 9:36 pm

rainstorm wrote:lee raymond, the chairman of exxon, had an interesting comment, back when a barrell of gas was selling for 10 bucks and oil co's were laying off people and losing money, the govt didnt stop by to ask how they could help


Ummm..what does that have to do with anything????
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#239 Postby gtalum » Fri Apr 21, 2006 9:37 pm

Why shouldn't a CEO get a huge raise when he increases profits dramatically? That is his job, after all.
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rainstorm

#240 Postby rainstorm » Fri Apr 21, 2006 9:39 pm

george_r_1961 wrote:
rainstorm wrote:so, the govt should set salaries now? since you asked the question, how many people does exxon employ? how many millions of people own exxon stock and receive dividends? how many retired peoples pensions are funded by highly valued exxon stock? let me ask you this. do you know of anyone or any business that could sell gas less expensively? do you know that gas is 6 bucks a gallon in some european countries and that gas here is about as cheap as it gets in the world?

if anyone on here can tell me how they could sell gas for less that exxon does, let me know, considering:
they have to first spend money to lease places to explore for oil
they have to buy equipment
they have to actually explore for oil
they have to get it out of the ground
they have to ship the oil in billion dollar tankers from around the world in many instances.
they have to build refineries and maintain them to refine the oil
they have to refine the oil
and now, due to epa regulations, they have to refine it into more than 55 different formuals instead of 1, even though not 1 new refinery has been built in 30 years
they then have to ship the refined product by truck or pipeline to huge storage tanks.
then other trucks have to come and ship it to retail locations to sell
they have to conform to a mountain of rules and regulations set forth by govt

so, i want any of you to say how you think gas can be sold for less than the oil companies sell it for. i dont think you can
and do you realize oil companies have been investigated by congress 38 times in the last 20 years, democrat and republican, and so far, no instances of irregularites?

lets look at some other things
oil companies dont set the world price per barrell, stock speculators in futures markets do.
we refuse to allow any new drilling here
we refuse to expand nuclear power. we invented nuclear power, and the entire world other than us is expanding its use.

again, exxon contributes more to the national welfare than anyone can imagine


i will leave you with 1 question. take a wild stab at how much tax exxon paid to the govt last year, 2005. does anyone know?



Yea and after doing all that they give the CEO a nice big raise and a bonus
while most of us peons are struggling to make ends meet.


this is what i mean. none of you can make anything other than an emotional argument, you have no facts to back up what you say, nor can any of you explain how you would produce gas less expensively that oil co's do

any guesses how much tax exxon paid to govt last year?
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