Member of the Month

GayWolf420
June, 2025

Online

Welcome to the Newschoolers forums! You may read the forums as a guest, however you must be a registered member to post. Register to become a member today!

Oil Companies Report Record-Breaking Profits

profile picture
skierman
Posts: 8618 - Karma: 9,490
This comes in the wake of Democrats trying to pass anti-gouging bills which were shot down by Republicans.

https://www.ksl.com/article/50448743/unprecedented-profit-for-exxon-other-major-oil-drillers-as-prices-soared


Republicans supporting corporations price gouging Americans and denying veterans healthcare coverage? Well, that's just shocking.
3 years ago
18 2
profile picture
mobadis
Posts: 406 - Karma: -3,486
BradFiAusNzCoCaWho tf are Klaus and Billy Boy




Your masters
3 years ago
0 3
profile picture
BradFiAusNzCoCa
Posts: 7550 - Karma: 67,104
There is a mental health problem in America
mobadis

Your masters
3 years ago
1 2
profile picture
mobadis
Posts: 406 - Karma: -3,486
BradFiAusNzCoCaThere is a mental health problem in America

Have you read Klaus’s book? Do you even have the foggiest idea of what I’m talking about? Here I’ll help you out.

https://libgen.is/book/index.php?md5=B769384D8A91B1FDEE7A600A67CE360D
3 years ago
1 2
profile picture
BradFiAusNzCoCa
Posts: 7550 - Karma: 67,104
I had something typed out but I deleted it. Honestly man - I think you need to take a breather. Gates is a bad guy only in the way that he’s a billionaire who benefits from cheap labor costs. These conspiracies are crazy.

mobadisHave you read Klaus’s book? Do you even have the foggiest idea of what I’m talking about? Here I’ll help you out.

https://libgen.is/book/index.php?md5=B769384D8A91B1FDEE7A600A67CE360D
3 years ago
2 2
profile picture
mobadis
Posts: 406 - Karma: -3,486
BradFiAusNzCoCaI had something typed out but I deleted it. Honestly man - I think you need to take a breather. Gates is a bad guy only in the way that he’s a billionaire who benefits from cheap labor costs. These conspiracies are crazy.

Ahhh pointless feigning of concern to deflect from the fact that you’ve read nothing on the topic. The only crazy thing about this is that they are willing to literally spell this out in publicly available books that you will not read, and continue to believe you know everything.
3 years ago
2 3
profile picture
icy_park_jump
Posts: 250 - Karma: 1,895
mobadisAnd where do you think the energy to build and power our lord and savior the electric vehicle comes from? Magic? A farting unicorn? What about the lithium itself? I’m beginning to think Klaus and ol billy boy are right and we need to cull the useless eaters like you. Anyways get your booster.

**This post was edited on Aug 2nd 2022 at 6:15:16pm


Yeah the power for EVs comes from fossil fuels, Obviously the EV is not the solution to all our problems, but Biden is enacting policies favoring them and oil companies don't like it. The lithium also takes a lot of fossil fuels and damage to the environment to extract. I'm having a hard time understanding what your point is here. Oil companies are going to resist regulation in any way they can, including raising prices to put pressure on the voters. I'm not saying 100% that I know that they are doing that but it wouldn't surprise me. If increased regulation is causing increase in prices, the prices will decrease over time because the companies will adapt to the regulation, and the demand will drop because of the high prices, leading to a decrease in price.
3 years ago
2 0
profile picture
SlitherySnake
Posts: 1169 - Karma: 8,625
r00kiehttps://www.ktvb.com/amp/article/news/local/208/idaho-attorney-general-numbers-say-gas-stations-making-record-profits/277-49ee7bd6-b199-472f-89a5-4382c1680043

Idahos Attorney General (republican) is claiming gas stations are making upwards of $.70 profit per gallon compared to the usual $.10. I'm usually pretty free market but this is really starting to hurt a lot of people.


idaho is fucked fs. always have had hella expensive gas for how rural/conservative of a state it is
3 years ago
1 0
profile picture
HypeBeast
Posts: 10097 - Karma: 76,795
SlitherySnakeidaho is fucked fs. always have had hella expensive gas for how rural/conservative of a state it is


$0.1/gallon seems like awfully low profit margins
3 years ago
1 0
profile picture
r00kie
Posts: 5238 - Karma: 59,606
Trumpkin2024$0.1/gallon seems like awfully low profit margins


I've always heard the per gallon profit for the station is really low and the business model is really in the convience store side of things.
3 years ago
3 0
profile picture
ChadThundercock
Posts: 3071 - Karma: 835
You guys are morons - gas would be $2 a gallon if the keystone XL continued. Shut the fuck up and go buy a Tesla if you wanna complain, that fucking stupid cuck lord Elon will remotely disable your vehicle when you don’t pay your monthly software update fees.

im not kidding, Tesla can knock 100 miles of range off your car remotely just to cuck you.

via a software update.
3 years ago
3 5
profile picture
HypeBeast
Posts: 10097 - Karma: 76,795
ChadThundercockYou guys are morons - gas would be $2 a gallon if the keystone XL continued. Shut the fuck up and go buy a Tesla if you wanna complain, that fucking stupid cuck lord Elon will remotely disable your vehicle when you don’t pay your monthly software update fees.

im not kidding, Tesla can knock 100 miles of range off your car remotely just to cuck you.

via a software update.


Literally any modern car can be remotely disabled, electric fuel or not. You're a fucking noob.
3 years ago
3 0
profile picture
Biffbarf
Posts: 7597 - Karma: 80,977
Trumpkin2024Literally any modern car can be remotely disabled, electric fuel or not. You're a fucking noob.


False
3 years ago
0 3
profile picture
Abomber22
Posts: 3053 - Karma: 5,255
Do some fn research.......then stfu


From multiple sources...













.

BiffbarfFalse
3 years ago
4 3
profile picture
HiHowAreYou
Posts: 524 - Karma: -3,355
Also Biden's infrastructure bill that passed in 2021 specified image below. i.e. the kill switch





3 years ago
2 1
profile picture
icy_park_jump
Posts: 250 - Karma: 1,895
ChadThundercockYou guys are morons - gas would be $2 a gallon if the keystone XL continued. Shut the fuck up and go buy a Tesla if you wanna complain, that fucking stupid cuck lord Elon will remotely disable your vehicle when you don’t pay your monthly software update fees.

im not kidding, Tesla can knock 100 miles of range off your car remotely just to cuck you.

via a software update.


LMAO this is a prime example of deflecting to a completely unrelated thing.
3 years ago
1 1
profile picture
HiHowAreYou
Posts: 524 - Karma: -3,355
Remotely hacking (disabling) vehicles has been happening for years now, though. Anyone else remember when that Jeep was remotely hacked in 2015?


https://www.newschoolers.com/videos/watch/1047887/Hackers-Remotely-Kill-a-Jeep-on-a-Highway---WIRED
3 years ago
2 1
profile picture
BradFiAusNzCoCa
Posts: 7550 - Karma: 67,104
I don’t need to read up on it. What is so ground breaking in that book? Reflections on the workforce and a more efficient workforce? Tell your points instead of deflecting and saying “read the book”. I could do the same thing to you but it’s a cop out so I don’t. You have said literally nothing of substance after I asked who those two were and then you said “your masters”. This is literally talking in circles asking you to clarify anything.
mobadisAhhh pointless feigning of concern to deflect from the fact that you’ve read nothing on the topic. The only crazy thing about this is that they are willing to literally spell this out in publicly available books that you will not read, and continue to believe you know everything.
3 years ago
2 1
profile picture
BradFiAusNzCoCa
Posts: 7550 - Karma: 67,104
Doubling back to say you were the same guy telling me to set up euro brokerage accounts to leverage crypto saying “get a vpn”. That right there shows you don’t know absolutely anything about anything. You’re making stuff up. You can’t just set up a foreign brokerage account without necessary documents.

You just talk through your ass and make up stuff on the spot. So like I said - please clarify.
mobadisAhhh pointless feigning of concern to deflect from the fact that you’ve read nothing on the topic. The only crazy thing about this is that they are willing to literally spell this out in publicly available books that you will not read, and continue to believe you know everything.
3 years ago
3 1
profile picture
icy_park_jump
Posts: 250 - Karma: 1,895
mobadisHave you read Klaus’s book? Do you even have the foggiest idea of what I’m talking about? Here I’ll help you out.

https://libgen.is/book/index.php?md5=B769384D8A91B1FDEE7A600A67CE360D


Bruh no one is going to read an entire book so they can understand your 2 sentence forum post
3 years ago
2 2
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
AndrewGravesSV"doubled"

If you're gonna keep defending em then you're trolling, have less brain cells than a shovel, or daddy is the Exxon CEO

All of the above bitch.
3 years ago
0 0
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
skiermanI'm sure the rise in price has nothing to do with the record-breaking profits among all of the oil producers who are purchasing stock buybacks instead of investing in more production. LOL


Oh right, so all independent oil companies in unison just decided to raise prices and rob people without government repercussions.

Lol. Imagine all independent grocery stores just randomly raised their prices in unison.

I guess competition doesn't exist anymore.


LET'S JUST ALL RAISE PRICES FOR NO REASON.
3 years ago
0 1
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
Trumpkin2024Literally any modern car can be remotely disabled, electric fuel or not. You're a fucking noob.


electric fuel is a term now?

serious question
3 years ago
0 0
profile picture
skierman
Posts: 8618 - Karma: 9,490
VTshredder69Oh right, so all independent oil companies in unison just decided to raise prices and rob people without government repercussions.

Lol. Imagine all independent grocery stores just randomly raised their prices in unison.

I guess competition doesn't exist anymore.


LET'S JUST ALL RAISE PRICES FOR NO REASON.


Oh look, the dumb fuck Republican doesn't realize 80% of all food in groceries stores are provided by 5 companies.

Kids, this is what happens when you rely on social media for your news.
3 years ago
4 2
profile picture
HypeBeast
Posts: 10097 - Karma: 76,795
VTshredder69electric fuel is a term now?

serious question


I added that to clarify that gasoline or electric powered vehicles can both be remotely accessed...to prevent confusion. But to answer your question, yes since 1992 https://afdc.energy.gov/fuels/electricity_basics.html
3 years ago
2 0
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
skiermanOh look, the dumb fuck Republican doesn't realize 80% of all food in groceries stores are provided by 5 companies.

Kids, this is what happens when you rely on social media for your news.


I'm sure they just all decide to raise prices in unison.

BECAUSE YOU KNOW, THATS HOW A FREE MARKET WORKS.

OIL COMPANIES HAD RECORD BREAKING PROFITS BECAUSE THEY ALL JUST DECIDED TOGETHER TO RAISE GAS PRICES AT THE PUMP

You sound so fucking stupid.
3 years ago
1 3
profile picture
icy_park_jump
Posts: 250 - Karma: 1,895
VTshredder69I'm sure they just all decide to raise prices in unison.

BECAUSE YOU KNOW, THATS HOW A FREE MARKET WORKS.

OIL COMPANIES HAD RECORD BREAKING PROFITS BECAUSE THEY ALL JUST DECIDED TOGETHER TO RAISE GAS PRICES AT THE PUMP

You sound so fucking stupid.


Free markets have a tendency towards monopoly. OPEC literally works this way. I can't really say if the oil companies decided to raise their prices together or not. I implied that earlier and that was a mistake. However, if they are making record profits, they are a contributing cause to inflation. By taking more profit, they are increasing the cost to everyone else.
3 years ago
1 1
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
icecoastshredderFree markets have a tendency towards monopoly. OPEC literally works this way. I can't really say if the oil companies decided to raise their prices together or not. I implied that earlier and that was a mistake. However, if they are making record profits, they are a contributing cause to inflation. By taking more profit, they are increasing the cost to everyone else.


The government printing 80% of currency in the last 2 years under the BIDEN regime is the real cause of inflation.

BIDEN Reduced the national debt by 1 trillion dollars!!! BY PRINTING 3 TRILLION DOLLARS!!

Oh, and the Sherman Anti Trust act is the biggest law against monopolies.

The fact that people think oil is just raising prices without repercussions is fucking hilarious. Just another example of how stupid libs are.
3 years ago
1 6
profile picture
skierman
Posts: 8618 - Karma: 9,490
VTshredder69The government printing 80% of currency in the last 2 years under the BIDEN regime is the real cause of inflation.

BIDEN Reduced the national debt by 1 trillion dollars!!! BY PRINTING 3 TRILLION DOLLARS!!

Oh, and the Sherman Anti Trust act is the biggest law against monopolies.

The fact that people think oil is just raising prices without repercussions is fucking hilarious. Just another example of how stupid libs are.


Classic dumb fuck Republican. He gets called out on his bullshit and then deflects.
3 years ago
4 2
profile picture
Andi_G
Posts: 3102 - Karma: 15,262
VTshredder69The fact that people think oil is just raising prices without repercussions is fucking hilarious. Just another example of how stupid libs are.

Lmao what repercussions are felt by oil companies
3 years ago
2 1
profile picture
skierman
Posts: 8618 - Karma: 9,490
AndrewGravesSVLmao what repercussions are felt by oil companies


He honestly believes the oil industry is a free market when they receive tens of billions in government welfare a year from the U.S. alone and he didn't know OPEC existed until now.

You might as well argue with a child as to why Santa Claus doesn't give out more expensive presents to children born into poverty. Like the Republican party, its fucking useless.
3 years ago
2 1
profile picture
icy_park_jump
Posts: 250 - Karma: 1,895
VTshredder69The government printing 80% of currency in the last 2 years under the BIDEN regime is the real cause of inflation.

BIDEN Reduced the national debt by 1 trillion dollars!!! BY PRINTING 3 TRILLION DOLLARS!!

Oh, and the Sherman Anti Trust act is the biggest law against monopolies.

The fact that people think oil is just raising prices without repercussions is fucking hilarious. Just another example of how stupid libs are.


I don't really know enough about monetary policy to answer that but I do know it's more complex than "BIDEN print money therefore inflation".

Yeah, I know the Sherman Anti-Trust act exists, just because the act exists doesn't mean companies don't behave in anti-competitive and monopolistic ways to the fullest extent they can without violating it. And just because the law exists doesn't mean it is perfect and can't be improved upon.

The fact that people think the gov't just prints money for no reason without repercussions is fucking hilarious. Just another example of how stupid republicans are.
3 years ago
1 2
profile picture
Jems
Posts: 7787 - Karma: 101,870
vt shredder out here complaining about capitalism
3 years ago
4 3
profile picture
icy_park_jump
Posts: 250 - Karma: 1,895
VTshredder69The government printing 80% of currency in the last 2 years under the BIDEN regime is the real cause of inflation.

BIDEN Reduced the national debt by 1 trillion dollars!!! BY PRINTING 3 TRILLION DOLLARS!!

Oh, and the Sherman Anti Trust act is the biggest law against monopolies.

The fact that people think oil is just raising prices without repercussions is fucking hilarious. Just another example of how stupid libs are.


And if you think that corporate profits don't contribute significantly to inflation, they definitely do. For example, when prescription drug companies massively upcharge for drugs, that cost gets transferred to health insurance companies, which then gets transferred to EVERY COMPANY that gives their employees health insurance, which means that they have to charge more for their services.
3 years ago
1 1
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
The funny part is skierman just thinks that raising prices = more profits.


So tell me, why doesn't every company do this?
3 years ago
4 3
profile picture
icy_park_jump
Posts: 250 - Karma: 1,895
VTshredder69The funny part is skierman just thinks that raising prices = more profits.


So tell me, why doesn't every company do this?


I think that you know that we all know the answer to that question
3 years ago
2 1
profile picture
skierman
Posts: 8618 - Karma: 9,490
VTshredder69The funny part is skierman just thinks that raising prices = more profits.


So tell me, why doesn't every company do this?


Like I wrote previously, its useless trying to educate dumb fucks who refuse to educate themselves.
3 years ago
3 2
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
skiermanLike I wrote previously, its useless trying to educate dumb fucks who refuse to educate themselves.

Like I wrote previously, You're fucking wrong.
3 years ago
1 4
profile picture
mobadis
Posts: 406 - Karma: -3,486
skiermanClassic dumb fuck Republican. He gets called out on his bullshit and then deflects.




Deflec- ACK!
3 years ago
2 4
profile picture
eheath
Posts: 61968 - Karma: 126,910
you guys are all fucking idiots
3 years ago
3 1
profile picture
Rusticles
Posts: 2180 - Karma: 1,337
It's kinda funny really, a perfect storm.

Oil investors want to see returns instead of blowing cash on eternal production growth
Biden, Trudeau and Quebec want to attack oil production growth in NA
Growth stunted a bit by Covid
The world coming out of lockdown and consuming like mad.
Biden begging for oil from corrupt leaders, can't sanction Russian oil lol

When will environmentalists learn that promoting alternatives instead of attacking production is the answer..............
3 years ago
6 2
profile picture
mobadis
Posts: 406 - Karma: -3,486
icecoastshredderI don't really know enough about monetary policy to answer that but I do know it's more complex than "BIDEN print money therefore inflation".

Yeah, I know the Sherman Anti-Trust act exists, just because the act exists doesn't mean companies don't behave in anti-competitive and monopolistic ways to the fullest extent they can without violating it. And just because the law exists doesn't mean it is perfect and can't be improved upon.

The fact that people think the gov't just prints money for no reason without repercussions is fucking hilarious. Just another example of how stupid republicans are.

That is precisely what they do. You are right though, it’s not Yoe Biren doing the printing, it’s the federal reserve along with the central banks of every state on earth. Only the repercussions fall on everyone else, and they reap the profits. I recommend reading up on the debt-based economy system, the petrodollar, and fractional reserve banking. After that go read about the true reason the US/NATO invaded Libya and Iraq. I suspect though that your conditioned zoomer brain sees the word read and recoils in disgust and fear.
3 years ago
2 4
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
Now this is something I can get behind.
eheathyou guys are all fucking idiotsI
3 years ago
0 0
profile picture
HiHowAreYou
Posts: 524 - Karma: -3,355
Suck my balls from the back. You're here just like us.
eheathyou guys are all fucking idiots
3 years ago
0 0
profile picture
skierman
Posts: 8618 - Karma: 9,490
eheathyou guys are all fucking idiots


Coming from the guy defending Vail which has been systematically dismantling parks across the country.
3 years ago
3 1
profile picture
skierman
Posts: 8618 - Karma: 9,490
mobadis

Deflec- ACK!


Imagine thinking the Fed was part of the Executive branch. Fuck you're dumb.
3 years ago
3 1
profile picture
mobadis
Posts: 406 - Karma: -3,486
skiermanImagine thinking the Fed was part of the Executive branch. Fuck you're dumb.

Haha you’re more right than you know. Based.
3 years ago
1 0
profile picture
eheath
Posts: 61968 - Karma: 126,910
HiHowAreYouSuck my balls from the back. You're here just like us.



3 years ago
4 1
profile picture
VTshredder69
Posts: 4434 - Karma: -13,000
I just wish I knew that all i had to do in life was price gouge to get rich. Skierman really opened my eyes.


BOOOHOOO big oil got rich because they just decided to raise their prices.


LOLOLOL jesus christ philosophy and basket weaving really did you well. Fucking idiot.
3 years ago
2 3
profile picture
skierman
Posts: 8618 - Karma: 9,490
VTshredder69I just wish I knew that all i had to do in life was price gouge to get rich. Skierman really opened my eyes.


BOOOHOOO big oil got rich because they just decided to raise their prices.


LOLOLOL jesus christ philosophy and basket weaving really did you well. Fucking idiot.


I love it when Republicans resort to acting like children when you destroy their skewed view of reality. Its like you're eating steak in the Matrix.
3 years ago
4 2
profile picture
WarmBeerColdPizz
Posts: 5 - Karma: 65
VTshredder69I just wish I knew that all i had to do in life was price gouge to get rich. Skierman really opened my eyes.


BOOOHOOO big oil got rich because they just decided to raise their prices.


LOLOLOL jesus christ philosophy and basket weaving really did you well. Fucking idiot.


skiermanI love it when Republicans resort to acting like children when you destroy their skewed view of reality. Its like you're eating steak in the Matrix.


I truly don't understand a single point of VT, was so scattered, basically just seems like its all the Dems fault. When in reality its a bipartisan issue that is rooted in misinformation, lobbying, and corruption.

Also to point out the issue of Renewable energy and the waste that they create; We have invested millions (if not billions) of dollars over the past century or so to make our power planets as effective as possible. That being said where we are now, in technological advancement, has reached its peak efficiency. Renewable energy has never been invested in like traditional energy, meaning that the room to improve is still unknown. With that I will point out that renewable energy now is considerably efficiency so just imagine if we put that same money into improving the current technology.
3 years ago
2 1
All times are Eastern (-4); Currently it's 9:32PM