I understand there will be very, very VERY difficult times ahead transitioning out of coal and oil and into healthier energy choices, but this is
about oil profit, greed and a nation freaked out right now about the dire many facets of our economy, among other things.
Not exact matches
All the extra
oil supply might have some shareholders worried
about lower prices and sinking
profits, but for many major explorers and producers,
profits have returned to the days when
oil hovered above $ 100 a barrel.
Crude
oil futures in the June contract settled last Friday in New York at 67.33 a barrel while currently trading at 68.35 up
about a $ 1 for the trading week hitting a 3 1/2 year high & in yesterdays trade prices went up as high as 69.55 before
profit - taking ensued.
Chevron Corp. said it's cutting
about 10 percent of its workforce and scaled back its long - term production target amid the worst
oil - market slump since the 1980s even as the company posted third - quarter
profit that surpassed analysts» expectations.
Given that the pipeline is anticipated to create
about $ 4 billion per year in
profits to the Enbridge shareholders and
oil sands producers, these are odious
profits that come at the expense of people in other countries and into the future.
Well, you got the part
about killing young soldiers in the name of
oil profits right.
The
oil companies argued that, after all, they only made
about 2 cents a gallon
profit, so what was all the fuss
about?
These powerhouses don't really care abut the money or
about making
profit, Maybe Bayern has a genuine interest in running a perfectly
oiled financial machine.
As much as I would like to hate your comment above I have to agree with what you've said here I know there are a hardcore of bloggers on here that will be derisory and downright insulting (Keyboard warriors are always really tough) but unless we have the two new additions we need then we will sadly be another fourth spot contender again, its as simple as that the current squad is nearly there but nearly there is not THERE and I hate to say it but I think its gonna be another case of Wenger stubbornly trying to convince the world he is a genius by winning things without spending much OR by lamenting the injury problems and bad refs and being desultory
about big
oil funded clubs while the Club we love turns a fat
profit for the board and we see no silverware at all.
Back then, when the process was still experimental, Appel predicted that the Carthage plant would crank out
oil for
about $ 15 a barrel and rack up
profits from day one.
Despite the misleading headline, this is reflected in a Bloomberg article today that highlights «They're paying
about 33 times expected
profit for Tullow shares, the highest price to earnings ratio on the 19 - member FTSE All - Share
Oil & Gas Producers Index.
Maybe its the lack of patience I have noticed
about myself at times that attracts me to this market but I like the fact that my day trades in crude
oil don't last long... I either get stopped out or hit my
profit target, normally within 2 - 8 minutes.
All the disparaging headlines
about this, and some of the other
oil giants, only point out relative changes in profitability or the strain between the dividend payout and annual
profit.
So, earnings may be improving, but sales are not improving which would seem to suggest that further raw materials price increases will contract
profit margins, and that the margin growth in the past year and half can be partially attributed to the fall in raw materials prices and the price of
oil... The more money the system prints, the less
oil there is per dollar, which theoretically should compress margins for just
about every business besides the
oil companies...
I see that mr. Boone, has run into trouble and right now
oil is dirt cheap (let us see how long that lasts) but now that we are officially in recession (two consecutive quarters down) and the
oil and gas companies boast record
profits and the
oil, natural gas, and coal resources will all last longer than 25 years by most projections (coal
about a hundred years give or take a decade?)
More on TreeHugger
about Aviation and Biofuels Virgin Experimenting with Biofuel for Jets Biodiesel for Aircraft Q&A; Air New Zealand Biofuelling Through the High Skies More on Airlines and High
Oil Prices Bombardier Launches Fuel Efficient Jet Landing Jumbos in Idle to Save Fuel British Airway's
Profits Squeezed by Eurostar and High
Oil Prices Are Eco-Loonies Damaging Ryanair's Sales After All?
This ignorance leads to radio ads decrying NIMBYism as the only reason for disallowing offshore drilling, even while these rich landowners still don't allow any wind / solar where they can see, make up all sorts of lies
about wind / solar, while bush refuses to give equal subsidies to «alternative» energy and refuses to tax windfall
profits to
oil companies, who break records year after year in
profits...
As we noted last week, it's
about the politics of «the handful of folks who
profit off of the
oil, coal and gas extraction industries, and the personal pain theywould like to avoid in cutting into a single cent of the most profitable industry the world has ever known.»
In fact, Markey was counting on Republicans to vote against the ban, as that allegedly would expose them as duplicitous shills who care only
about oil industry
profits, not
about reducing dependence on OPEC or alleviating pain at the pump.
The AGs allege that to maintain high
profits, Big
Oil has purposely misled investors and the public
about the danger of climate changes.
The illustrious green movement who killed nuclear power in 1970s and brought
about global warming by scrubbing shade - producing particulates from smokestacks and tailpipes are now bent on using a ginned up catastrophic climate change scenario to keep the price of
oil elevated in order to keep the
profit incentive alive for stupid expensive alternatives like windmills and ethanol from corn.
And remember not only that this would contain just 20 percent of today's CO2 emissions but also this crucial difference: The
oil industry has invested in its enormous infrastructure in order to make a
profit, to sell its product on an energy - hungry market (at around $ 100 per barrel and 7.2 barrels per tonne that comes to
about $ 700 per tonne)-- but (one way or another) the taxpayers of rich countries would have to pay for huge capital costs and significant operating burdens of any massive CCS.
Transporting toxic crude
oil — and tar sands in particular — is inherently dangerous, more so because
oil companies care
about profit, not public safety.
In the case of
oil companies, one would have to argue that they
profited by successfully duping the public
about climate change, which would be like «The Mouse that Roared» given the size of their expenditures on this issue.
• Support for energy innovation today comes from those concerned
about the high (and rising) economic costs, not to mention the foreign entanglements created by America's dependence on
oil; the need for greater energy access in poor countries; diseases and deaths caused by air pollution,
oil and gas drilling, and coal mining and waste; and the potential for America to manufacture and export new energy technologies at a
profit.
Dirty Business shows how TransCanada has bullied farmers and ranchers in America's heartland into giving up their land; it has misled the American public
about the safety risks of the project; and it has aimed to manipulate American
oil markets for its own
profit.
More on TreeHugger
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Oil Prices Landing Jumbos in Idle to Save Fuel British Airway's
Profits Squeezed by Eurostar and High
Oil Prices Are Eco-Loonies Damaging Ryanair's Sales After All?
Oil companies that put
profits before people should be held accountable for injuries and damage resulting from their negligence, and that's exactly what our Houston toxic torts attorneys are passionate
about.
Notable examples include acting for accountants in long - running litigation arising out of a failed tax avoidance scheme; acting for the developer and manufacturer of an offshore drilling system following an accident in operation; representing one of the Defendants in Novoship v Mikhaylyuk & Others, concerning allegations of bribery and secret
profits; appearing in a substantial LCIA arbitration
about the theft of
oil stocks in East Africa;, successfully representing a broker in litigation against a former client under a futures brokerage contract in Sucden v Fluxo - Cane [2010] 2 CLC 216; and The «Ekha» [2011] 1 All ER Comm 1077, long - running litigation in the Commercial Court and Court of Appeal
about an offshore drilling contract.
Even before the price of
oil crashed, revenue generated from Alberta's shrunken taxes on personal income and corporate
profits covered only
about 40 per cent of the cost of public services, compared to
about 60 per cent in other provinces.
Nor did any workable solutions stem from high - profile hearings in Congress in the spring, in which
oil company executives provided testimony
about whether their companies were
profiting excessively from price hikes.
If she is so concerned
about one small segment of the community being exposed to anti-competitive practises and excessive costs, then why doesn't she go after the big boys in the
oil industry who rake in billions of dollars in
profits and negatively impact the lives of every Canadian, not just a select few?