bp wot a supprise
Discussion
3.2 billion profit in the last 3 months.and thats just 1 of the oil companys .hope they feel embarrassed while the rest of the would suffers .probably been said before.its about time we all boycotted 1 of the oil producers 1 of the food griants 1 of the banks and 1 of the insurance companies . they will drop prices and the rest will follow .
gary hubbard said:
3.2 billion profit in the last 3 months.and thats just 1 of the oil companys .hope they feel embarrassed while the rest of the would suffers .probably been said before.its about time we all boycotted 1 of the oil producers 1 of the food griants 1 of the banks and 1 of the insurance companies . they will drop prices and the rest will follow .
You bought a cheapo keyboard didnt you? 
phumy said:
gary hubbard said:
3.2 billion profit in the last 3 months.and thats just 1 of the oil companys .hope they feel embarrassed while the rest of the would suffers .probably been said before.its about time we all boycotted 1 of the oil producers 1 of the food griants 1 of the banks and 1 of the insurance companies . they will drop prices and the rest will follow .
You bought a cheapo keyboard didnt you? If one drops prices to stimulate demand, it will make less money even if sales go back to previous levels. The rest of the companies would see increased demand from the boycotting customers, unless those customers did not consume any petrol at all during the boycott. So, one company with lower income will see its share price drop. One of other companies in rude health will buy it. End result would be fewer companies, less competition, more monopolistic behaviour, higher prices. Exactly the opposite of what you want.
The only way is to reduce consumption across the board, forcing them all to move away from the business into other ventures that hold more reward. Or, drive down prices across the board and reduce revenues that way. Except that would mean increased production, which is not going to happen as it's not something the public controls.
We need to reduce consumption of not only petrol but also plastics and all other by-products of the petroleum refining/distilling process. Or find huge new reserves of oil.
The only way is to reduce consumption across the board, forcing them all to move away from the business into other ventures that hold more reward. Or, drive down prices across the board and reduce revenues that way. Except that would mean increased production, which is not going to happen as it's not something the public controls.
We need to reduce consumption of not only petrol but also plastics and all other by-products of the petroleum refining/distilling process. Or find huge new reserves of oil.
Groober said:
Why is it wrong for a business to make a profit? I really don't see the problem, the fuel they sell is still cheap its the tax on tax on tax that is expensive. I don't get how so many people do not grasp this.
Good for BP I say!
+1 Moan at the fGood for BP I say!
king government not BP for making a few pence per litre!! The tts that run the show take what? 65p for DOING fk ALL!
gary hubbard said:
JonnyFive said:
Or didn't go to school.
bet your mummy is so proud of you If not, do so.. You'll be surprised, and be glad they're making a profit.
gary hubbard said:
3.2 billion profit in the last 3 months.and thats just 1 of the oil companys .
Why is this bad?Is it a case of "they made lots of money, I dont have lots of money, those bast-rds"??
gary hubbard said:
hope they feel embarrassed while the rest of the would suffers
Would, world? Why would they feel embarassed. Did they cause the suffering you mention? In 2010 BP donated $1.5m dollars to charities globally. How much did you donate?
gary hubbard said:
probably been said before.its about time we all boycotted 1 of the oil producers 1 of the food griants 1 of the banks and 1 of the insurance companies . they will drop prices and the rest will follow .
Dream on chap.Edited by Marf on Tuesday 26th July 09:46
Edited by Marf on Tuesday 26th July 09:47
JonnyFive said:
gary hubbard said:
JonnyFive said:
Or didn't go to school.
bet your mummy is so proud of you If not, do so.. You'll be surprised, and be glad they're making a profit.
Dave_ST220 said:
+1 Moan at the fking government not BP for making a few pence per litre!! The tts that run the show take what? 65p for DOING fk ALL!
very very good point . but the oil companys are holding back on oil production that brings the price up as well . any way if we didn,t have high taxes the sumbags that don,t work wouldn,t beable to live in the luxury they are accustomed too king government not BP for making a few pence per litre!! The tts that run the show take what? 65p for DOING fk ALL!
gary hubbard said:
3.2 billion profit in the last 3 months.and thats just 1 of the oil companys .hope they feel embarrassed while the rest of the would suffers .probably been said before.its about time we all boycotted 1 of the oil producers 1 of the food griants 1 of the banks and 1 of the insurance companies . they will drop prices and the rest will follow .
Out of interest, how much do you think a barrel of oil should cost?1 litre of brent crude: 45p
1 litre of WTI crude: 37p
1 litre of milk: 99p
1 litre of olive oil:500p
1 litre of bottled water: 45p
If you're impressed by the profits of these organisations, you should buy shares in them.
Cheers,
FT.
gary hubbard said:
3.2 billion profit in the last 3 months.and thats just 1 of the oil companys .hope they feel embarrassed while the rest of the would suffers .probably been said before.its about time we all boycotted 1 of the oil producers 1 of the food griants 1 of the banks and 1 of the insurance companies . they will drop prices and the rest will follow .
Do you have a pension Gary? What do you think it is invested in? What do you think is driving petrol prices, and where does BP make it's profits?If a company of BPs size, operating in the high risk areas they do didn't make this kind of profit they wouldn't exist.
Last year they covered a massive cost of cleaing up the GoM, and they need a healthy bank balance to be able to do this.
Without the high rewards then the risk of doing this would be prohibitive.
The other option is they went bankrupt and brought down a lot of UK jobs and pensions with them.
Good on them.
Last year they covered a massive cost of cleaing up the GoM, and they need a healthy bank balance to be able to do this.
Without the high rewards then the risk of doing this would be prohibitive.
The other option is they went bankrupt and brought down a lot of UK jobs and pensions with them.
Good on them.
gary hubbard said:
very very good point . but the oil companys are holding back on oil production that brings the price up as well . any way if we didn,t have high taxes the sumbags that don,t work wouldn,t beable to live in the luxury they are accustomed too
Oh I see, you're a moron. Sorry for wasting my time!Cheers,
FT.
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