Oil Majors are not as profitable as Democrats think

[Toddsterpatriot]

You obviously don't know anything about monetary theory asking something so stupid as "shrinking money supply". It's money velocity that matters (money supply versus money demand).

This is precisely why you're a worthless bum. It's not even enjoyable to reply to you because you don't know anything and even when confronted with literal facts you just say stupid shit like about Japan "Should be easy for you to post your money supply proof."

Oh if only life were easy, maybe then you'd be as rich as me.

You obviously don't know anything about monetary theory asking something so stupid as "shrinking money supply".

Well, some stupid twat claimed Russia's money supply was deflating. Oh, right, that was you.
Still haven't shown their money supply is shrinking. Wonder why?

It's money velocity that matters (money supply versus money demand).

Why do you feel "velocity" measures demand for money? Is it because you're a moron?

Oh if only life were easy, maybe then you'd be as rich as me.

Isn't America awesome? Even stupid twats like you can get rich.

 

[g5000]

Well fuck - someone should tell the stock market XOM is sooooo profitable. You're oversimplifying what profit means. Spending $15 to make $1 profit is not the same as spending $0.15 to make $2 profit.

View attachment 653312

• Exxon gross profit for the quarter ending March 31, 2022 was $20.317B, a 71.83% increase year-over-year.
• Exxon gross profit for the twelve months ending March 31, 2022 was $72.695B, a 114.95% increase year-over-year.
• Exxon annual gross profit for 2021 was $64.202B, a 107.49% increase from 2020.
• Exxon annual gross profit for 2020 was $30.942B, a 42.47% decline from 2019.
• Exxon annual gross profit for 2019 was $53.786B, a 16.86% decline from 2018.

Exxon Gross Profit 2010-2023 | XOM

Exxon annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services. <ul...

www.macrotrends.net

 

[DarthTrader]

• Exxon gross profit for the quarter ending March 31, 2022 was $20.317B, a 71.83% increase year-over-year.
• Exxon gross profit for the twelve months ending March 31, 2022 was $72.695B, a 114.95% increase year-over-year.
• Exxon annual gross profit for 2021 was $64.202B, a 107.49% increase from 2020.
• Exxon annual gross profit for 2020 was $30.942B, a 42.47% decline from 2019.
• Exxon annual gross profit for 2019 was $53.786B, a 16.86% decline from 2018.

Exxon Gross Profit 2010-2023 | XOM

Exxon annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services. <ul...

www.macrotrends.net

What's your point? XOM is less profitable now than Disney. LOL

 

[g5000]

What's your point? XOM is less profitable now than Disney. LOL

So? A lot of companies are less profitable than Disney. Or Amazon. Or Apple. So what?

Whatever. I am opposed to any company being taxed at a higher rate than other companies making the same profits.

What I am opposed to are subsidies, exemptions, and credits for special interests.

 

[LeftofLeft]

Oil production has been traditionally supported by the U.S. government because oil is essential for survival in the modern world. Why can't democrats understand that concept? Punishing Americans with the "new green agenda" will only destroy America and enrich our enemies. Why can't democrats understand that concept?

Democrats have been pushing a VIABLE green or alternative energy source for years. It’s time to hold Democrats accountable. Somehow these dumbshits feel it is NECESSARY to punish current energy sources first, let the economy suffer, appease the rest of the world, and never deliver on an alternative source.