Impeachment proceedings against Trump

13 Mar 2018 14:26 #171 by parkcobound
thank you for the articles! Going to take a while for me to get through them all. Personally I like solar, wind - geothermal would be nice, but... and yet, I drive a Jeep and wouldn't trade it for the world. I recycle almost everything, I grow quite a bit of my own food, try very hard not to be wasteful with anything - which I learned mostly from my great grandmother who lived through the depression ...and then got stuck raising me ;) I try hard to understand both sides of every topic, to always be thoughtful of others' positions - and I guess the bottom line for me where fracking is concerned is what do we NOT know? Does fracking (or the water injection) cause earthquakes - I have not yet read the links provided here, but I have read some that indicate that it's likely. but the real question for me is - the water they inject, isn't it toxic? what if that contaminates the soil or gets into our water supply? Pipelines have been known to leak, what if that contaminates the land or gets into the water supply? I guess that's a bit of an alarmist view, and yet, if I have a perfectly viable alternative why wouldn't I use that rather than something that may make the earth inhabitable for my kids and grandkids? I've heard experts say the earth will run out of oil, natural gas, etc... and maybe they're right - and if they are we are being short sighted by not embracing renewable energy. If they are wrong, well, have we really lost anything? I love my Jeep - oh yes I do!! would I give that up? well, maybe - someone said here, it is a long walk to Denver (but I really hate going into Denver - for pretty much anything) I do not know what the right answer here is, except that I KNOW, the guys who sell oil and natural gas are getting really rich off of those that buy it.... the local distributor not so much ... and the other thing that I know is that I want to continue exploring renewables and that ultimately, we all live here, we are all neighbors and of course we are all American's - which means we should be able to make our own choices - but I think we also have to understand that sometimes our choices may effect our neighbors.
The following user(s) said Thank You: LJ

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13 Mar 2018 17:57 #172 by Blazer Bob
Who's getting rich?

..."At the gas tank integrated oil companies make about 7 cents per gallon. Meanwhile, the government extracts more than 48 cents, on average, per gallon. That's right: Uncle Sam takes nearly seven times more out of drivers' wallets via taxation than "Big Oil."...


www.forbes.com/2011/05/10/oil-company-ea...gs.html#754930f92dc8

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13 Mar 2018 18:38 #173 by parkcobound
I have a coworker whose dad worked for Philips for ? Many years, retired at like 50 and travels a lot. He made a killing in the years he was there...and yes uncle Sam gets a big chunk and some states have pretty high taxes on fuel as well. I drove a tiny Honda for years for that very reason, it was a very dependable car, but not very practical up here some days. Plus I kind of enjoy a little jaunt down a long bumpy road ;)

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13 Mar 2018 19:00 #174 by Blazer Bob
OK, not sure of your point. If you want to work for many years and travel when you are fifty, it is not about who you work for or even how much you make. It is about your expenses vs your income.

If you are interested I recommend Dave Ramsey.

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14 Mar 2018 10:10 #175 by parkcobound
my point was simply he made a ton of money working for Philips, retired early.... the little guy that runs the gas station barely makes any money selling the gas.... just one of those uncomfortable truths ... the guys that run the oil companies do make a lot of money off of folks like me and maybe you too... because we buy gas. Refer to my earlier comment about it isn't the little guy making the money off of this stuff :(

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14 Mar 2018 18:11 #176 by ramage
Your point," he made a lot of money working for Phillips, retired at like 50 and travels a lot."
What is your point? Do you think that he did not earn what he worked for?

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15 Mar 2018 08:48 #177 by parkcobound
I am NOT saying he didn't earn it, I am simply saying that the oil companies make a killing off of selling gas, and the little guy makes very little and I KNOW the guy running the gas station earned it. If you think the gas company execs making 6 and 7 figure salaries and getting bonuses bigger than many people make in a year while the guy actually selling the gas, hauling the gas, refining the gas, building the pipeline to move the gas is totally fair - that's your opinion. it is not mine.

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15 Mar 2018 12:28 #178 by ramage
ParkCo Bound,
Thank you for reply. As I understand your position: in that someone making a 6 or 7 figure income, it is inherently unfair. your comment can be applied to any industry, the restaurant, the financial, the trucking, the entertainment, etc. Unless you tell me otherwise, it is apparent that you want income redistribution. One should not be able to rise based upon their abilities and work ethic. Socialism doesn't appeal to me.
Why don't you ask Jared Polis, our congressional representative for the NE portion of Park County, to redistribute his $400 million, which he earned, to the employees of his businesses, Bluemountain.com., Provide Commerce, ProFlowers, etc.; those who created the code, worked as salespeople, telephone operators, etc. Realize that without the business, they would not have had those jobs. Which they took willingly.
How is the above substantively different for working in the gas and oil industry?

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15 Mar 2018 15:18 #179 by FredHayek

parkcobound wrote: my point was simply he made a ton of money working for Philips, retired early.... the little guy that runs the gas station barely makes any money selling the gas.... just one of those uncomfortable truths ... the guys that run the oil companies do make a lot of money off of folks like me and maybe you too... because we buy gas. Refer to my earlier comment about it isn't the little guy making the money off of this stuff :(


I used to work at a chain of gas stations. Their policy was to make no money off the gas. They made profits off getting you in the store to buy the cigarettes, snacks, beer, and pop. Their other business plan? Make enough off the stations to pay the mortgage and the bills, but the plan was to sell the property eventually for their retirement. Takes all kinds. One place became a Taco Bell, another a Park & Ride.

Thomas Sowell: There are no solutions, just trade-offs.

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15 Mar 2018 20:36 - 15 Mar 2018 20:37 #180 by Blazer Bob

parkcobound wrote: I am NOT saying he didn't earn it, I am simply saying that the oil companies make a killing off of selling gas, and the little guy makes very little and I KNOW the guy running the gas station earned it. If you think the gas company execs making 6 and 7 figure salaries and getting bonuses bigger than many people make in a year while the guy actually selling the gas, hauling the gas, refining the gas, building the pipeline to move the gas is totally fair - that's your opinion. it is not mine.


What is your opinion of this?

Exxon Mobil Historical Profit Margin (Quarterly) Data
Data for this Date Range
Dec. 31, 2016 3.90%
Sept. 30, 2016 4.52%
June 30, 2016 2.95%
March 31, 2016 3.72%

Apple Historical Gross Profit Margin (Quarterly) Data
Data for this Date Range
Sept. 30, 2015 39.90%
June 30, 2015 39.68%
March 31, 2015 40.78%
Dec. 31, 2014 39.87%

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