aps45819
24/7 Single Dad
Hope they told them the problem was a bunch of dumbazzs mandateded we burn food for fuel and made it profitable with taxpayer money.
Are you Fed Up with high fuel prices!
- Thread starter raven
- Start date
Hope they told them the problem was a bunch of dumbazzs mandateded we burn food for fuel and made it profitable with taxpayer money.
Christy
b*tch rocket
I have done zero research on the benefits vs the negative aspects of farmer's growing corn for fuel, but if it puts more money in the farmer's pocket I'm all for it.
bcp
In My Opinion
actually, I dont think they have to drill to the bottom of the ocean, I think that when they drop the drill bit into the water, just just sorta sinks till it hits the bottom.
carry on
This is just looking at XOM, we all pay through the nose for gas and the oil companies are making record profits but who owns these oil companies? As a public company there job is to make money for their investors and they are doing on outstanding job at it, and who gets the majority of the profits after costs? Anyone holding ownership in their stock, if you have a mutual fund, 401k, tsp or any other investment chances are you are a part owner of these profiteering conglomerates’, They might have us backed up and bent over at the pumps but at least with the little profit I can buy a tube of Ky once in awhile to ease the pain..
Shares Outstanding5: 5.35B
Float: 5.33B
% Held by Insiders1: 0.09%
% Held by Institutions1: 52.70%
Shares Short (as of 10-Apr-08)3: 39.18M
% of Shares Held by All Insider and 5% Owners: 0%
% of Shares Held by Institutional & Mutual Fund Owners: 53%
% of Float Held by Institutional & Mutual Fund Owners: 53%
Number of Institutions Holding Shares: 1652 Dividends & Splits
Forward Annual Dividend Rate4: 1.60
Forward Annual Dividend Yield4: 1.70%
Trailing Annual Dividend Rate3: 1.40
Trailing Annual Dividend Yield3: 1.60%
5 Year Average Dividend Yield4: 1.90%
Payout Ratio4: 19%
Dividend Date3: 10-Jun-08
Ex-Dividend Date4: 09-May-08
Last Split Factor (new per old)2: 2:1
Last Split Date3: 19-Jul-01
Shares Outstanding5: 5.35B
Float: 5.33B
% Held by Insiders1: 0.09%
% Held by Institutions1: 52.70%
Shares Short (as of 10-Apr-08)3: 39.18M
% of Shares Held by All Insider and 5% Owners: 0%
% of Shares Held by Institutional & Mutual Fund Owners: 53%
% of Float Held by Institutional & Mutual Fund Owners: 53%
Number of Institutions Holding Shares: 1652 Dividends & Splits
Forward Annual Dividend Rate4: 1.60
Forward Annual Dividend Yield4: 1.70%
Trailing Annual Dividend Rate3: 1.40
Trailing Annual Dividend Yield3: 1.60%
5 Year Average Dividend Yield4: 1.90%
Payout Ratio4: 19%
Dividend Date3: 10-Jun-08
Ex-Dividend Date4: 09-May-08
Last Split Factor (new per old)2: 2:1
Last Split Date3: 19-Jul-01
kwillia
n/a
I have done zero research on the benefits vs the negative aspects of farmer's growing corn for fuel, but if it puts more money in the farmer's pocket I'm all for it.
I did a high school term paper on the subject and was one po'd teen when I learned gov't money was being spent to encourage folks NOT TO pursue corn based fuel...
Pete
Repete
I have done zero research on the benefits vs the negative aspects of farmer's growing corn for fuel, but if it puts more money in the farmer's pocket I'm all for it.
Actually a weed called "switch grass" that will grow even in crappy soil nets more fuel than corn. Unfortunately it would take 120 million acres of sawgrass at the current yield to make a dent in gas imports. There are 30 million acres of land not farmed as part of the old government set aside program where they paid farmers not to farm. They hope to reduce the number of acres of switch grass needed to equal that 30 million acres of unused land through technological advances in the conversion process.
There are even more acres of abandoned farm land in addition to the 30 million acres of set aside land. The problem is we have lost farmers. Generations of farming has been broken and the next generation of farmers moved to the burbs and got jobs because farming was not profitable. All the old farming equipment was sold off or scrapped.
I believe we have the land, knowledge and wherewithal to grow biofuels the problem is who is going to do it? Is Bobby Joe going to quit his job as the Service manager at the Toyota dealership to go back to the family farm, buy new equipment, put in irrigation, and start growing switch grass?
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bcp
In My Opinion
My wife drives 31 miles each way
I drive 29.
her car is getting average 47mpg for her trip
My truck is getting average 17mpg for mine.
the way I see it, if we combine the two and use a total usage per day, we average 20 mpg roughly over all.
MMDad
Lem Putt
If they go through with the windfall profit tax plan, I want to know how they will make up for the loss my 401 (K) and pension plans will be compensated.
I also want to know how they will prevent the oil companies from passing the tax on to consumers.
My prediction: Congress passes the tax holiday and the windfall profit tax. Prices at the pump go up. Investors lose money and have less to spend. The Politicians pat themselves on the back for helping all of us.
Pete
Repete
So many of the people who raise an eyebrow ar "record profits" have mutual funds and IRA's that hold stock in those companies and make great money off them.
If there are 5.3 million shares in float, and each share is paid a divident of $1.60 that is $8.5 billion in dividends paid to share holders. All the rest of these "record profits" are reinvested in capital improvements and other costs associated with the business. Other than a small ammount of cash on hand and money used to repurchase shares big companies distribute the rest of the profits to shareholders. If you own a mutual fund you likely make money on Exxon
jetmonkey
New Member
Food shortages and riots. Already happening
I have done zero research on the benefits vs the negative aspects of farmer's growing corn for fuel, but if it puts more money in the farmer's pocket I'm all for it.
Christy
b*tch rocket
Food shortages and riots. Already happening
You are giving me visions of fist fights over the last bag of Tostitos in the chip aisle.
We could probably all do with a little bit of food shortage.
jetmonkey
New Member
Lesbians are being forced to clip coupons and drink Target brand bottled water. The Tupacolypse is nigh.You are giving me visions of fist fights over the last bag of Tostitos in the chip aisle.
Pete
Repete
bcp
In My Opinion
years ago a friend of mine got into a fight with his wife, she was so pissed off that she was throwing things out of the apartment balconey, he was below trying to catch the stuff so it would not get broke, and at the same time talk sense into her.You are giving me visions of fist fights over the last bag of Tostitos in the chip aisle.
she was aiming at him with flower pots, kitchen supplies, the tv etc...
he ate the last hershey kiss. She was not amused.
Larry Gude
Strung Out
It's...
...called switch grass and I see no need to be burning up golf course's for fuel. You're over reacting.
...called switch grass and I see no need to be burning up golf course's for fuel. You're over reacting.
kom526
They call me ... Sarcasmo
NIMBY
Larry Gude
Strung Out
Ok...
...but we have some 500 million acres of pasture land excluding about 400 million that is being farmed.
You're 120 million acres is close enough, right now, to replace the nearly 400 million gallons we use a day, nation wide, and that's with one crop turn which should be the minimum nation wide. Many places could turn that twice, maybe three times. So, we have HUGE room for growth.
Point is we could replace, 100%, every single ounce of oil we import for gasoline in one year if this was time of war; maximum effort to build the relatively simple processing plants, change over of handling equipment and vehicle fuel systems to handle the more caustic methanol.
So, that said, if one of our leading candidates walked out there and said they were going to introduce a four year plan based on banning imported oil and a comprehensive plan to help energy companies absorb the financial shock of obsoletion and transition to bio fuels and work all the finances out with loan guarantees and tax programs to pay the whole mess off over ten years, and fought for it, tooth and nail, we could ignore anyone who is an dick to us about fuel.
If we do not regain energy independence then, more than Hollywood, more than family issues, more than immigration, we will be doomed because of it.
...but we have some 500 million acres of pasture land excluding about 400 million that is being farmed.
You're 120 million acres is close enough, right now, to replace the nearly 400 million gallons we use a day, nation wide, and that's with one crop turn which should be the minimum nation wide. Many places could turn that twice, maybe three times. So, we have HUGE room for growth.
Point is we could replace, 100%, every single ounce of oil we import for gasoline in one year if this was time of war; maximum effort to build the relatively simple processing plants, change over of handling equipment and vehicle fuel systems to handle the more caustic methanol.
So, that said, if one of our leading candidates walked out there and said they were going to introduce a four year plan based on banning imported oil and a comprehensive plan to help energy companies absorb the financial shock of obsoletion and transition to bio fuels and work all the finances out with loan guarantees and tax programs to pay the whole mess off over ten years, and fought for it, tooth and nail, we could ignore anyone who is an dick to us about fuel.
If we do not regain energy independence then, more than Hollywood, more than family issues, more than immigration, we will be doomed because of it.
Pete
Repete
The candidate who proposes that would never get elected.