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  1. #21
    Hanul is offline Senior Member Always Around
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    If you look at history, no one in business seems to care about the environment, let alone the world when it comes to profits, hell they don't even care about their fellow man.

    I mean, look at smoking, it's linked to cancer and and a bunch of other diseases, but I'm pretty sure the CEOs of the tobacco companies don't really care about that, as long as they have profits. There was even a cigarette filter design that would reduce the harmful affects of smoking but the CEO and the board rejected it because then they would have to admit that smoking was bad for your health and because then they wouldn't be able to rake in the profits from the other brands they were manufacturing (this was before the congressional hearings)
    Last edited by Hanul; 04-02-2008 at 05:10 PM.

    Until one has given everything, one has given nothing.
    óGeorges Guynemer

  2. #22
    adonai is offline Senior Member Community Builder
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    Quote Originally Posted by Jakko View Post
    /slanted much?
    In general, reality has a liberal bias.

    Unfortunately, there are no solutions to any sort of resource scarcity in the foreseeable future other than killing/sterilizing lots and lots of people.
    Last edited by adonai; 04-02-2008 at 08:29 PM.

  3. #23
    echoblaze is offline Senior Member Community Builder
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    like the guy who wrote the original blog post said, they'll have their orgy mountain while the rest of the world panics.

  4. #24
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    98abaile is offline Senior Member Community Builder
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    Quote Originally Posted by StealDragon View Post
    I dunno... how about THE FATE OF THE WORLD?!
    Whoa there. Careful what you say, don't wanna scare the share holders.

  5. #25
    StealDragon's Avatar
    StealDragon is offline Super Moderator Community Builder
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    Fuck it. I'll BECOME a shareholder. Just so someone might fucking listen.


    I'd like to die with the songs I love stuck in my head. I hope to make the most of these hollow bones we become.
    I raise a toast to the the souls that sang all along. I've been gathering friends to just to make some sounds,
    before the ship goes down, I've been making amends by making the rounds before the whole world ends


    [Chit Chat Specific Forum Rules] // Last Update - Friday March 13, 2009

  6. #26
    rabidfuzzybunny is offline Senior Member Long Time Member
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    A great deal of profits that oil companies have gained since 2001 can be traced back to frequent market speculation on the short and long term scarcity of oil supplies and the ability to refine it. Fear, uncertainty, and doubt have been in the drivers seat for the last 8 years carrying oil prices towards outrageously high per barrel prices.

    Everyone involved in the oil commodities market is in dire need of an extra large economy sized bottle valium.

  7. #27
    Aikido is offline Senior Member Community Builder
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    I'm sorry, but this is a crock of shit. I've spent most of the last year working for LUKOIL doing oil trading, and it's amazing to me the absolute garbage that comes out of people's mouths when it comes to oil.

    Let's start with the most simple point.
    1. OMG OIL COMPANIES ARE MAKING PROFITS DURING A RECESSION ITS A FUCKING CONSPIRACY.

    Alright ass-for-brains, next time you write a essay, please try not to contradict yourself. I quote:
    "Things are at the point to where our societies are literally energy dependent lifeforms. We need it for essentials such as getting to work, powering our homes and making our markets work. Oil has become nearly as essential as water in a working Western society."

    That would be why oil companies are still making profits. Furthermore, people don't seem to realize that the major oil companies don't really generate the supply, they just move it around. When major oil companies make a profit, they make it off the arbitrage between two places. It doesn't matter what the absolute price of oil is for these companies, all that matters is the diff. And don't get me wrong, that really can be lucrative. Which leads to why gas prices fluctuate so much. Companies frequently make profit due to basis risk (geo-political factors, shifts in supply/prices in certain parts of the world, refineries breaking down in Canada, etc). Something changes, and all of a sudden gas gets cheaper or more expensive. Speculation is not nearly as rampant as people believe.

    If you want to lower oil company profits, ride the fucking bus. Seriously. There is no painless way to reduce oil consumption. Petition your senators to lobby for more public funding of public transport. Raise gas taxes to create incentive for people to take the train to work. Build more pedestrian friendly towns. It just pisses me off when I read this mindless tirade against oil companies when everyone keeps doing things just the way they always have. It's just typical that everyone offshores the blame to things outside of their control.

  8. #28
    Sherman is offline Senior Member Always Around
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    Haha, nice one Maybe I'll finally pipe up.

    The oil companies are lucky bastards who happen to have a nice market which everyone needs. That kinda demand's always gonna come with lucrative returns.

    Personally, those kinda guys just piss me off because I really wish they'd donate some of it to worthwhile causes instead of on more lobster dinners and bigger houses. But then, businessmen like money. Whatcha gonna do.

 

 
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