|
Post by someguy on Jun 2, 2007 6:12:18 GMT -5
Nope, as I mentioned earlier, I retired early. My investments in the oil industry starting in 1983 made it happen because dumbasses like you would rather bitch about rising gasoline prices and oil company profits instead of actually doing something about it like buying fuel-efficient vehicles and/or employing common-sense means to cut down on your consumption.
|
|
|
Post by someguy on Jun 4, 2007 6:49:54 GMT -5
Democrat bill aims to curb wind farms to protect bats and birds. www.msnbc.msn.com/id/19015485/Rep. Nick Rahall, chairman of the House Natural Resources Committee, is pushing legislation that would more strictly regulate wind energy to protect birds, bats and other wildlife killed when they fly into the giant turbines. RENEWABLE ENERGY NOW!!! (but don’t hurt the widdow birdies)
|
|
|
Post by someguy on Jun 7, 2007 17:48:02 GMT -5
Heh...
By Bill Steigerwald FrontPageMagazine.com | June 7, 2007
Fellow gas-guzzlers, rejoice.
ExxonMobil -- the world's best-run, most underappreciated and most foolishly hated energy company -- did exactly the right thing last week at its annual shareholders meeting in Dallas.
When climate cranks came to whine about ExxonMobil’s alleged corporate irresponsibility and try to get the company to accept the Gospel of Global Climate Change according to Al Gore, the oil behemoth's bosses told them to go fly a kite in a wind farm.
The hero was CEO Rex W. Tillerson, a business exec with old-fashioned testosterone who deserves every dime of the $8.4 million pay package he took home in 2006. He stood up to dissident shareholders (climate cranks) who wanted his company to invest more heavily in alternative energy and to stop giving money to think tanks that question the shaky scientific and political tenets of catastrophic global warming.
ExxonMobil, Tillerson reminded everyone, was in the business of finding, drilling, refining and selling oil and natural gas -- not in the business of risking money to save the planet from bogeymen. Anyway, he said wisely, what's wrong with a little debate on climate change?
So say "Hallelujah!," lovers of Big Oil. For another year, at least, ExxonMobil will remain Great Satan Oil Co. -- a mischaracterization that environmentalists and their equally irrational co-religionists in the media have worked overtime to promote.
The company has flaws, not the least of which is its annual acceptance of a couple billion in unnecessary government subsidies. But any schoolboy can see it is an amazingly efficient, productive business in a highly competitive and technologically trying industry.
Despite booming demand and ever-elusive oil supplies, ExxonMobil (and its smaller Big Oil siblings) keeps us supplied with the energy our advanced economies and lofty standards of living are built on -- and which our children and the Third World will need for decades.
But the prowess of ExxonMobil, which employs 82,000 worldwide, benefits not just consumers. More than 2 million individuals own at least one share of its stock, which has climbed from $56 to $84 since last June.
About 52 percent of the company’s 5.6 billion shares are held by 1,528 mutual fund companies and institutions like CalPERS, the California Public Employees Retirement System, which owns 30 million shares of ExxonMobil for its 1.43 million active and retired members.
The value of CalPERS’ stock has climbed about $900 million in the last year to $2.4 billion. Yet its idiotic officials still went to Dallas last week to complain about ExxonMobil’s failure “to address the business risks from climate change.”
Everyone over age 3 has heard that ExxonMobil made world-record net profits last year of $39.5 billion. That’s incredible -- and red meat to U.S. senators and socialists of other stripes. But on gross revenues of $377 billion, it was a modest return: 10.5 percent.
For the perspective that too few mainstream media stories provided: The average S&P 500 company netted 13.4 percent of revenues last year; PNC Financial Services netted 32 percent. Meanwhile, ExxonMobil invests $20 billion a year in capital spending for things like deep-sea oil platforms.
ExxonMobil won’t change much. My hero Tillerson will see to that. And no matter how hard climate cranks cry, that’s good news for those who live in the real world.
|
|
|
Post by tstar on Jun 7, 2007 18:17:48 GMT -5
One day people will stop focusing on the oil companies and start focusing on finding better solutions. If gas was too expensive, you'd see more electric cars on the road.
|
|
|
Post by scottybowman on Jun 7, 2007 19:47:03 GMT -5
Nope, as I mentioned earlier, I retired early. My investments in the oil industry starting in 1983 made it happen because dumbasses like you would rather bitch about rising gasoline prices and oil company profits instead of actually doing something about it like buying fuel-efficient vehicles and/or employing common-sense means to cut down on your consumption. I hope you do realize that I did own stock in Exxon and sold it a few months ago and moved into something that was less crazy. Oil is going to get hit hard when Bush is out of the white house.
|
|
|
Post by someguy on Jun 8, 2007 6:30:57 GMT -5
Oil is going to get hit hard when Bush is out of the white house.
Uh-huh, sure it will -- just like during the Clinton years when Exxon stock more than doubled in price including two 2-for-1 splits.
So, you keep filling-up your gas-guzzler and not changing your driving habits for me. I have my eye on a keen new set of golf clubs.
|
|
|
Post by scottybowman on Jun 8, 2007 9:06:28 GMT -5
Oil is going to get hit hard when Bush is out of the white house.Uh-huh, sure it will -- just like during the Clinton years when Exxon stock more than doubled in price including two 2-for-1 splits. So, you keep filling-up your gas-guzzler and not changing your driving habits for me. I have my eye on a keen new set of golf clubs. Again, your lack of education shows. You do realize that you're paying more for everything else because of higher fuel costs? Unless you live in the woods and don't ever buy groceries. Anyway, I'm done with you. All you want to do is fight, pat yourself on the back, and throw insults in every post. Enjoy retirement on your military pension in the woods.
|
|
|
Post by someguy on Jun 19, 2007 15:12:57 GMT -5
I hope you do realize that I did own stock in Exxon and sold it a few months ago and moved into something that was less crazy. Oil is going to get hit hard when Bush is out of the white house. Looks like you may have bailed too early, Sparky. www.msnbc.msn.com/id/19276523/In addition to a new set of golf clubs, I've decided I could dig a new ski boat, too. The next time I’m on the east side of the state, I think I’ll stop by Skiers Pier in Pontiac and see about trading in my Malibu for a new one. I’m thinking I could get a good deal on a 2007 by the end of summer.
|
|
|
Post by bubbletight on Jun 23, 2007 21:43:58 GMT -5
Just read the whole thread from beginning to end...does it get any dumber than that someguy jackass? Honestly, I don't think I could sound that stupid if I tried. My favorite part was when he suggested that people just stop buying gasoline. Great idea there, champ. I'm sure that'll be real convenient for most Americans. Except all of the ones that drive a car on a semi-regular basis.
They always say that in any argument, insults are the tool of the loser, and that's never more true than in this case. Theres a moron or dumbass thrown in at the end of every one of his posts, a classic tactic for somebody who knows their argument lacks any substance and just doesn't hold up under any scrutiny.
|
|
|
Post by toledowingsfan on Jun 26, 2007 10:11:52 GMT -5
So in summary, bubbletight you have nothing to contribute accept more name calling?
|
|