View Single Post
Old 06-11-2008, 07:01 PM  
directfiesta
Too lazy to set a custom title
 
directfiesta's Avatar
 
Industry Role:
Join Date: Oct 2002
Location: Punta Cana, DR
Posts: 29,906
Quote:
Originally Posted by spanky part 2 View Post
They may make .08 on a gallon of GAS. That is what they want fools like you to believe. Lets see the same parent company also owns the oil when it comes out of the ground which still costs the same as when it was $35 a barrel and they were making record profits then. Now that it is $140 a barrel, are they still making the same profit?

They also own the shipping company that brings the oil by boat to the US = more profit.

Then they own the trucking companies that bring it to the refinery. = more profit

Then they own the refineries = more profit.

Back to that same trucking company = more profit

Then they own the property that they lease out to the station owners, but they set the prices and how they set up the stores. If they don't follow the rules they are out. = more profit.

So you see mr. simple there is more to it than the gallon of gas.
in 2 words : Vertical Integration ....

It is more and more common in huge corp. They split up in numerous small corps, then they all cry they make little profit.

Here in Canada, Bell Canada did that to screw the users, the shareholders and the unions. Banks were OK tough ...
__________________
I know that Asspimple is stoopid ... As he says, it is a FACT !

But I can't figure out how he can breathe or type , at the same time ....
directfiesta is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote