We Could Build a Coal-to-Gasoline Conversion Plant

Precisely the point, you made a claim, I'm only asking you to prove it. I
merely quoted something I read, I made no claim. I even directed you to the
source for what I posted


mike hunt

.. When you make a claim, it is up to you to support your claim.

 

Can we assume you are not an economics major?


mike hunt

 

You can resort to calling me names if you are running out of arguments to
support you position if you chose, I could not care less, but I certainly am
not ignorant of the fact one can not refine crude to get to the carbon stock
without producing gasoline or other volatiles. If they can not sell or
store them, they will need to be burned off


mike hunt

 

According the Department of Commerce, oil companies in general earn around
9% or 10% profit. WalMart and Procter Gambol make well over 20%. Exxon
paid more in federal cooperate taxes than it paid in dividends to the share
holds, who then paid taxes on the SAME money


mike hunt

 

ExxonMobile had a profit margin of around 10.8%.

Walmart and its competitors had profit margins of around 3.6%.

The values are from yahoo fiance http://finance.yahoo.com/q/ks?s=WMT and
http://finance.yahoo.com/q/ks?s=XOM

I am sure that the corporate filings with the SEC will be consistant with
the yahoo finance numbers. After all, that is where Yahoo gets them.

Jeff

 

Jeff, you and Mike are bad readers,,, Or are a bad study,,, Give it
up... You have both taken it beyond your means... Wasting everyone time
if you cannot respond to others... Have a good day, not that I would
think that you would see this message..

Gerald

 

Gerald my friend don't you recognized when sombodys chain is being pulled?



mike hunt

 

Then, ignore the thread.

Bye.

Jeff

 

What specific claim did I not back?

Jeff

 

Other tactics you might try include top-posting, to make it harder to follow
threads, ignoring particular parts of threads where you have been shown to
be incorrect, claiming that the other people don't support their arguments
when the other people are asked for evidence, deleting parts of a post
without indicating that fact when those parts of the post contain the
information that shows the other person is incorrect.

Mike is an expert at all of these, so you can read his posts for examples of
each of them.

Please provide evidence that oil companies have burned off "volatiles" in
large quantities to get rid of them in recent years.

 

Now we are getting to the crux of the problem, I never said 'oil companies
have burned off "volatiles" in large quantities
to get rid of them in recent years.' No wonder you can not prove that it.
What I have been saying all along is what I said in my post. If they can
not store gasoline or sell it a profit they will burn it off and take a tax
credit as a capital loss


mike hunt

 

I can see why you are in a quandary, if you can't remember what you posted I
can understand why you can not prove what you said.



mike hunt

 

Why are you against top posting. Many email and newsreaders
automatically top post.

My grip is people don't clip enough. Too much crap gets dragged along
with every reply.

 

Because it sucks. It's not normal for discussion.

Newsreaders? No. Outlook and web browsers? Maybe. Fucking
microsoft.

Top posters never seem to clip ANYHING.

Thank top posters for that.

--
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There you go again. You said that I did not back a claim. I asked which one,
and now you are unable to back YOUR claim.

Jeff

 

Please demonstrate that the oil companies have burned off gasoline and
claimed it as a capital loss, then.

Jeff

 

Top posting makes it harder to follow a thread.

Jeff

 

I'm not claiming anything I simply asked you what was it you posted. How
do you expect somebody else to remember something you posted, after you
snipped everything several post ago to suit your bottom posting obsession,
when YOU don't even remember what you posted?

 

Then, ignore the thread.

Bye.


Jeff


Yup Done deal! Only because the thread is senseless. The thread had
some good content until you guys took it into space with a version of a
HOT AIR ENGINE...

Good luck...

Gerald

 

hi, its just all crap, . the government knows that we CANNOT
live/survive without gasoline, so they come up with the bullcrap that
supplys are getting shorter etc..... so that they can hijak the oil prices.
australia produces gasoline , but some how we here mysteriously dont
use it , cause if there is anything happening in the world , the gov
goes " due to %^$$^$%&^%$^%$ the price of petrol has to go up "

how come petrol , one week is $ 1.28 a litre then something happens
in the world and petrol goes up 10 cents ??
what about the petrol that was in the tanks at the stations for 1.28 , .
why doesnt the petrol that was in the tanks stay at 1.28 , cause they got
it at the cheaper price , why dont they use that up then put more petrol
in at the dearer price.

there is no way teh petrol companies will allow a extremely high mileage
per litre petrol engine to be produced. that means they will sell less
fuel , what about the people taht have designed these engines , and teh
petrol compaines brought them out or hasseld em ?

another example of governments bullshit is teh cyclones taht went thru
innasvale , queensland , and ruined some bananna crops, because of that
they say prices of bannanas will go from 14$ a box to 40$
they make it sound like innasvale was the only place taht grew bananna,
infact there are 4 other places near by taht where untouched by teh
cyclone taht grew banannas, plus there are another 13 major places in
australia that grow alot more bannans than innasvale, its just all
bullshit.

mark k
what has that got to do with the petrol we produce here in australia?