Time to Boycott Exxon???

[deanws]

Okay, I just had my heart restart!

Good luck and congrats on making it to retirement.

Cal

He won't even let me touch MY OWN retirement (matching fund plan) that I contributed to for 20 years when I taught school. :doh:

 

[deanws]

That's just it Cal, I don't have a problem with people making money and I honestly don't need to struggle, so I'm not jealous and petty. I do have a problem with businesses with no conscience and while we've got kids dying in a war every day and loud mouth idiots thinking we're over there for "oil," companies need to THINK about what this looks like. People were screaming for Bush to free up our oil reserves that we would desperately need should we be involved in an escalated war and this gas company is making more profits than ever before? That's just not right.

They are working on that. They just put two new rigs on our land last month. They have been working all around our county and the one next to it . And no Cal, we can't use that money either. :doh: It goes into the family money. Yep, you guessed it! That is where all the family money came from. Everyone in his family has already passed on. I told him that our 5 kids were sure as heck going to spend it when we died.....so he did something to where they can only get so much and the rest is passed down to the next generation. Shoot...I say spend it! LOL :bang:

 

[Marine Mom]

While gas prices were at their peak, hubby spent $80 to fill up his truck each week. $60 for my car per week. Not joy-riding, just going to/from work.

Let's see, should I put gas in my car or food on the table. Of course I did both, but the meals suffered.

How nice for Exxon to make a profit. I feel I helped them.

 

[lynie]

I will NEVER say that making a profit is a sin, no matter what type of company is involved...and yes, I do believe all oil companies will show profits as well...

However, what angers me is that while all of us were sitting in line paying $3.00 per gallon the company line was...it is because of the war...it is because of the hurricane...we don't WANT to charge that much but we cannot help it... and then to be told that there was that much profit despite all of the excuses? Sorry...still stand by my opinion.

Yes, my family still ate, had housing and clothes to wear but it did affect every area of our lives. And those not as fortunate as us it affected even more.

And BTW...I don't know about the school is your area, but my daughter is excelling in the fab business/marketing classes they have in her high school.
Many of her classmates are looking forward to attending college and going out to the great big world to make the almighty dollar. I don't think any of them, their parents or teachers think it is a bad thing...jeez...

 

[deanws]

While gas prices were at their peak, hubby spent $80 to fill up his truck each week. $60 for my car per week. Not joy-riding, just going to/from work.

Let's see, should I put gas in my car or food on the table. Of course I did both, but the meals suffered.

How nice for Exxon to make a profit. I feel I helped them.

I know how you feel. Believe me, they didn't pass any of it down to their employee's salary last year when they had high profits...and they won't do it this year either!

 

[nanandjim]

...I wish...just wish....everyone would lay the class warfare down for just one full generation and teach our kids the American Dream again. Teach them that achievement isn't something to be hated. Rich people (those that earn it honestly not those that steal or deal drugs) is something to be looked up to. That making it shouldn't come with financial penalties...

Cal, I am in total agreement with you. My husband and I work and save and live beneath our means. Yet, we are penalized at every turn. In addition, the "I'm into instant gratification" people in my family resent the h*ll out of us. They refuse to admit that our achievements have come through hard work and sacrifice. They say that we are 'just lucky.'

I really think that if you teach your children the meaning of instant gratification versus delayed gratification; and they see you apply it in your own life, they will eventually apply it in theirs--hopefully.

 

[nanandjim]

...I went out and earned money and bought one. Then I heard all the people tell me how 'lucky' I was. Well, not exactly, remember when you were playing all day after school? I was mowing lawns. It isn't luck, it is hard work and determination on top of wise decisions. If you were able to boil the average rich man's life down and analyze it realistically, there probably is VERY LITTLE LUCK involved.

Cal

I just read this post. Man, you and I are definitely on the same page!

 

[deanws]

I will NEVER say that making a profit is a sin, no matter what type of company is involved...and yes, I do believe all oil companies will show profits as well...

However, what angers me is that while all of us were sitting in line paying $3.00 per gallon the company line was...it is because of the war...it is because of the hurricane...we don't WANT to charge that much but we cannot help it... and then to be told that there was that much profit despite all of the excuses? Sorry...still stand by my opinion.

Yes, my family still ate, had housing and clothes to wear but it did affect every area of our lives. And those not as fortunate as us it affected even more.

And BTW...I don't know about the school is your area, but my daughter is excelling in the fab business/marketing classes they have in her high school.
Many of her classmates are looking forward to attending college and going out to the great big world to make the almighty dollar. I don't think any of them, their parents or teachers think it is a bad thing...jeez...

Before you jump all over Exxon..you had better look at your government! They are the ones putting so much tax on your gas.
Variations reflect local taxes. Federal excise tax on gasoline is about 19¢ per gallon; state tax averages about 23¢ per gallon; in California there is an additional 7.5% sales tax.
http://www.gravmag.com/oil.html
Read this link for other interesting facts on the oil and gas industry.

 

[Jeana (DP)]

Maybe someone with a few years on me can remember this, but didn't Americans boycott coffee back in the 60s or 70s??? Wasn't it because they charged too much? Did the boycott work?

 

[izzyB]

i have been boycotting Exxon since the Valdez.

 

[deanws]

Maybe someone with a few years on me can remember this, but didn't Americans boycott coffee back in the 60s or 70s??? Wasn't it because they charged too much? Did the boycott work?

It is hard to boycott gas. All the companies charge about the same price where I live. Gas is something that is a little harder to do without than coffee.

 

[lynie]

Before you jump all over Exxon..you had better look at your government! They are the ones putting so much tax on your gas.
Variations reflect local taxes. Federal excise tax on gasoline is about 19¢ per gallon; state tax averages about 23¢ per gallon; in California there is an additional 7.5% sales tax.
http://www.gravmag.com/oil.html
Read this link for other interesting facts on the oil and gas industry.

I am fully aware of how much of my per gallon price goes to taxes...however the taxes did not take a significant jump when the hurricanes came through. The cost increases had to be due to the cost of the fuel by the fuel companies....

 

[Jeana (DP)]

It is hard to boycott gas. All the companies charge about the same price where I live. Gas is something that is a little harder to do without than coffee.

There are different gas companies. Just drive past the one that says "EXXON."

 

[deanws]

I am fully aware of how much of my per gallon price goes to taxes...however the taxes did not take a significant jump when the hurricanes came through. The cost increases had to be due to the cost of the fuel by the fuel companies....

Gas went up in price for only two weeks, then dropped back down. I would say that was pretty fair.

 

[lostfaith]

While gas prices were at their peak, hubby spent $80 to fill up his truck each week. $60 for my car per week. Not joy-riding, just going to/from work.

Let's see, should I put gas in my car or food on the table. Of course I did both, but the meals suffered.

How nice for Exxon to make a profit. I feel I helped them.

Marine Mom, I am with you. I may sound bitter like someone here has said about those who complain about the prices, I guess that I am. It is hard when one has had to struggle so hard the last few years. For others, congrats. it must be nice to not even know what you spend on gas. Yes, many have worked hard for it, and were smart about things, but it also sounds like for others, it was family money.

Yep. We spend about a $100 a week for gas between my hubby and I for back and forth work driving. Dont forget, most of us have also experience almost triple heating bills also. We manage, have had to cut alot of cost, meals are simpler, we never get to enjoy eating out. And forget about just taking that out of the blue pleasure ride on the weekend! Now added to everything else I worry about, I now find myself saying, "No honey, we cant go here or there, we have to be careful how much gas we use!" It sucks.

I am not calling for a boycott, just stating that for some of us, the gas prices are more than just a little anoyance.

 

[deanws]

There are different gas companies. Just drive past the one that says "EXXON."

Why? To pay the same price at Chevron?

 

[Jeana (DP)]

Why? To pay the same price at Chevron?

Perhaps you don't understand the concept of a "boycott."

 

[KatherineQ]

As I understand it, gas companies are not making any more per gallon than they were when gas prices were lower.

I just don't understand the desire to punish a company who charges the same amount as everyone else but is smart enough to make a better profit. That's the American way. If you're mad about gas prices, I understand that totally, and use less gas.

But to single out a company who, with the same costs per gallon and they're charging the same amount, has made their company slicker and more profitable .. . just seems backwards.

 

[Jeana (DP)]

The average price of a gallon of unleaded regular gasoline retreated from the post-Hurricane Katrina record high of $3.057. But after oil and gasoline prices are rising again, with the AAA average showing a nearly 7 percent gain over the last month.

Sheraz Mian, oil analyst for Zack's, agreed the lower gasoline has reduced the pressure for a tax on oil companies, but he's not convinced the companies are out of the woods yet.

"I would not completely rule out noise on this in the next few weeks," he said. He agreed with analysts who see even higher oil profits ahead in 2006. Both he and Gheit have a buy recommendation on Exxon Mobil shares, with Mian having a $70 a share target price.

"We don't see '05 as the peak. We believe '06,for now, looks to be better," he said.


http://money.cnn.com/2006/01/30/news/companies/exxon_earns/index.htm?cnn=yes

 

[Jeana (DP)]

Ya'll realize that I'm going to have to save some of your posts, don't you? I mean some of you have been screaming your heads off about "Bush and his oil cronies," for years. Now, all is well with that???????