Cheapest ever fill up

[Giller]

Originally Posted by coreseller

Exxon Mobile's margins are right at or below 10% of revenue, pretty low actually compared to most Fortune 500 companies. Apple's margins are at 27%, are you mad at them?

Exxon also employs over 75,000 people at above average compensation levels.

Hating on "Big Oil" is pretty cliche, as others have stated best to join in the profits by purchasing their stock. You probably already have some if invested in mutual funds.

There is currently a 2 million plus barrels a day surplus in production, prices will likely continue to decline and stay low for the first half of '15.

For the accountant types:

Diving deeper

+1

And - let's not forget how much money most big corporations give back to the communities. Exxon for example provided almost $270 million in contributions worldwide - $110 million for education alone. Yeah, corporations are bad, all bad.

[Muzzle of Bees]

Originally Posted by Giller

+1

And - let's not forget how much money most big corporations give back to the communities. Exxon for example provided almost $270 million in contributions worldwide - $110 million for education alone. Yeah, corporations are bad, all bad.

How about using our tax dollars more effectively? I am not impressed with this much profit being "given" away. The other horrible side of this is that the corps. buy people. People often give up their morals for profit. This is a reckless way of proving your good.

[Porsche9]

Cheapest fill ups right. Local ARCO station has regular for $1.79. Good friend of mine lives in San Jose and pays $2.59 for regular at his local ARCO. The huge difference, 44%, is interesting.

[Giller]

Originally Posted by Muzzle of Bees

How about using our tax dollars more effectively? I am not impressed with this much profit being "given" away. The other horrible side of this is that the corps. buy people. People often give up their morals for profit. This is a reckless way of proving your good.

I'm not following you. How does giving money to charities have anything to do with using tax dollars more effectively?

[lkchris]

I can still recall the time a fillup cost more than $20. Of course that was with a '74 Opel Manta.

About 24 gallons of diesel for my GL was only $56 instead of the usual $75 yesterday and I took note of that.