Posted on 07/29/2022 7:52:40 AM PDT by SeekAndFind
Nah! He will say its putin caused price gouging and pull some permits to show them who’s in charge then demand that gas stations lower the price of gas. The stoopid is painful. 😵
I hate me some Big Oil. They make more money than Xiden.
i’m sure you sat shiva for them a few years ago when they were bleeding red ink quarter after quarter when oil was so low Trump had to call the Saudis to help boost the price. as for now, if Biden hadn’t contracted the supply of oil with regulation, shutting down pipelines, slowwalking permits, cancelling licenses, we wouldn’t be looking at current market conditions.
$18 billion (annualized) investment in oil — even after all the pressure from Biden to banks and finance companies to strangle the industry.
Where’s all the investment going? Exploration? Recovery? Refining?
Exxon CEO Darren Wood: “The oil industry is not investing enough to keep up with future demand.”
Mr. Wood should talk to Brandon about that. Maybe Brandon can bring his empty gas can to Mr. Wood and beg him to produce more.
How could they not make billions when Biden drove prices up on all of their inventory.
EXACTLY...The Pervert Administration CAUSED all those profits.
I don’t own much dividend-paying stock. Too bad.
It was tongue-in-cheek. I work in the oil bidness.
I have CVX. Uo 12.5 (8.3%). 3.5% dividend.
“I don’t own much dividend-paying stock. Too bad.”
Years ago I decided to go with growth/dividend stocks. Qualified dividends also get a lower tax rate.
you got me!
i guess if the company cannot spend money on exploration and development, that there would be more profit taken.
the lefties won’t see it that way though.
“It was tongue-in-cheek. I work in the oil bidness.”
Me too! Part owner of Chevron. 0.000025%!
You are a mover and a shaker. Lots of dividends these days.
Exxon ... 16% profit margin in the quarter.
Shocking!
Their successful years are usually at 9%
Prints?
“You are a mover and a shaker.”
More like slow and steady.
Left to invest freely, it would mean lower gas prices for all of us.
The more Biden/communist intervention, the worse it will become.
Reminder: your prosperity came from capitalism.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.