Exxon CEO Says Oil Prices Not Yet Hurting Economy

reply to post by Vikus


Excellent Reply.
That is economics at its most fundamental and basic form.
Everything we purchase that is shipped by Gas/diesel will go up in price as well. As the increase in cost
will be passed by the producer onto the consumer. God forbid it messes with the profit margin.
Screw your friends,community,county,state,country, and world. It is all about personal gain.
Gotta have that Golden Sarcophagus that someone else can dig up and put in a museum some day.
So people can line up at The Museum of Natural History and observe your splendid Rot.

Originally posted by wingsfan
I don't know much when it comes to the oil game. but I do NOTICE that when there is shortages, they profit, surplus, they profit, when gas is cheap they profit, when it is high, they profit, etc...etc....etc.....

now when all that happens, I DON'T profit, I struggle.

True. And of course don't forget about the tax breaks they get, because they make
no profits......right?

reply to post by manta78


I don't understand, that when Bush was President, the people screamed for a gas price cap. But now Obama sits there and doesn't do ANYTHING as the prices sour.! He also stated earlier this week, that the U.S. will NOT open up the reserves to relieve the hiking gas prices. (even though..the Gov't CURRENTLY has a 20 year supply of gasoline in it's reserves....total madness!) WTF??? Aren't the Democrats "supposed" to help the people????

And after the last price hike, the Exxon CEO said the prices were NOT high enough. Easy to say when 1. you are a billionare and 2. when you DON'T have to pay for the gas in your vehicles.

Isn't it Ironic that us American's complain about our politicians and these huge corporations, yet we don't stand together to fight them. (For fear of becoming like Egypt or Lybia).

I am one of those unfortunate individuals whom is Upside Down on my car loan. And CANNOT afford to trade it in and buy a more gas efficient car. I wish I'd moved south years ago, then I would have let my car be repoed INSTEAD of my Motorcycle last month!

Wolves Say Sheep Have No Reason To Feel Nervous

Originally posted by Wildmanimal
Who would you suggest as an alternative? I hear Sunoco is oil from U.S. territory. I can do the research easily,
but I would like to hear your opinion.

Shell Oil, even though they are Royal Dutch Shell, is a company you don't hear a lot of evil about. They may be but at least they are pushing HARD to bring Hydrogen to the world

www.thelivingmoon.com...

here is Bush filling one of Washington's staff cars at the first Hydrogen pump in Washington DC


George Bush filling the HydroGen3 GM Fuel cell car in Washington DC
(Photo by Paul Morse courtesy White House)


The president gets a tutorial on fueling a hydrogen-powered car by Shell's Rick Scott.
(Photo by Paul Morse courtesy White House)


The Shell station is used to fuel six demonstration vehicles and to inform policymakers about hydrogen.
(Photo by Paul Morse courtesy White House)


We are always screaming here at ATS about the need to change to alternative fuels. I saw this pump system debut in Las Vegas at a convention. I set the thing up for display. It is safe and simple to use.

So if we have a lesser evil, I vote Shell Oil. (they are the biggest world wide)

They have also been providing Hydrogen fuel around the world for Buses...

#Benning Road Station - Washington DC - First US retail Hydrogen and Gasoline Station
www.thelivingmoon.com...

#Shell Retail Hydrogen Station - Reykjavik, Iceland - April 2003
www.thelivingmoon.com...

#Showa Shell Seikyu KK Tokyo, Japan - June 2003
www.thelivingmoon.com...

# White Plains Dedication, New York - November 13, 2007
www.thelivingmoon.com...

# First hydrogen refueling station opens in Shanghai - November 15, 2007
www.thelivingmoon.com...

# Hydrogen Buses - Amsterdam, Netherlands
www.thelivingmoon.com...

# Hydrogen Filling Station and Busses - Luxumbourg
www.thelivingmoon.com...


We can't do without gas right now... but EXXON has been rubbing our face in their profits while Shell is bringing us Hydrogen

That is my choice

Should also start a letter campaign... Write the media, write any politician you can find, write EXXON executives. Flood them with mail, stuff their email boxes... That at least is painless protest. Just write the letter once and cut and paste.

Start a petition...

Anything but stop whining and doing nothing

reply to post by zorgon


I wish I had more stars to give your info filled post!

I hadn't thought about hydrogen car for awhile, Good for Shell! Now they have my business for sure. And I will email them and let them know why.

Remember this thread from March of this year?

Wondering if Exxon's CEO still thinks oil prices are not yet hurting the economy?

I am wondering if anyone is boycotting EXXON