Born Hunter 17,639 Posted June 11, 2022 Report Share Posted June 11, 2022 3 minutes ago, Borr said: Lack of storage facilities especially gas, shutting North sea down, paying off loads of skilled blokes and losing them to other industries, investing in russian interests against British and American advice. Do you honestly expect private corp's to do that? They are things governments should be doing because they have strategic security implications. Corp's will only look to their own survivability. They aren't going to invest in things that don't pay off. If they go about doing stuff that is the concern of governments at their own expense then investors will leave them for more sensible profit driven companies. 6 minutes ago, Borr said: You're obviously a loyal company man, I'm sure you'll do well (pun). Why because I'm not joining the little man's witch hunt? I'm not in the industry anymore, I wanted out and am out. 7 minutes ago, Borr said: Didn't they comment they were printing money and didn't know what to do with it 'They', nice little media snippet that. Do you really give that any value at all? 8 minutes ago, Borr said: some announced profits of ten billion no? I might have been thinking of Scottish power asking the government to loan us all a grand so they get paid and we all get a debt What's an acceptable profit margin yearly and long term? 5%? Surely 5% isn't billions right..... I hope they continue to make healthy profits. I hope my old colleagues are able to have long careers. Quote Link to post Share on other sites
Borr 4,502 Posted June 11, 2022 Report Share Posted June 11, 2022 8 minutes ago, Born Hunter said: Do you honestly expect private corp's to do that? They are things governments should be doing because they have strategic security implications. Corp's will only look to their own survivability. They aren't going to invest in things that don't pay off. If they go about doing stuff that is the concern of governments at their own expense then investors will leave them for more sensible profit driven companies. Why because I'm not joining the little man's witch hunt? I'm not in the industry anymore, I wanted out and am out. 'They', nice little media snippet that. Do you really give that any value at all? What's an acceptable profit margin yearly and long term? 5%? Surely 5% isn't billions right..... I hope they continue to make healthy profits. I hope my old colleagues are able to have long careers. I'm in work mate , so only quick answers. I just don't buy into poor oil companies in fact I think it's laughable.. 2 1 Quote Link to post Share on other sites
Born Hunter 17,639 Posted June 11, 2022 Report Share Posted June 11, 2022 Just now, Borr said: I'm in work mate , so only quick answers. I just don't buy into poor oil companies in fact I think it's laughable.. Surely right now it's "poor us, mean oil companies". I'm not asking for sympathy for the oil companies, I'm saying let's have it right, we suffered and no one gave a shit and neither did I or the industry ask you to. We dealt with it. Now the shoe is on the other foot, everyone want's blood. Boom and bust... Quote Link to post Share on other sites
Greyman 25,276 Posted June 11, 2022 Report Share Posted June 11, 2022 3 minutes ago, Borr said: I'm in work mate , so only quick answers. I just don't buy into poor oil companies in fact I think it's laughable.. Did you not see the graph Quote Link to post Share on other sites
chartpolski 20,417 Posted June 11, 2022 Report Share Posted June 11, 2022 34 minutes ago, Born Hunter said: If they are then I don't know what they were making before, given their margins are like 1-2p/lt. The greatest cost is extracting and processing. I watched an interview with the head of the petrol retailers association and he was bemoaning the fact they "only" made 4p per litre profit. I also saw an interview with a government spokesman, and asked why we don't open up the North Sea oil feilds and become self sufficient, he said it would make no difference to the price as we would have to sell it to ourselves at the international spot price ! Absolute bullshit ! America is self sufficient in oil and they set the price at the pumps, which is half what we pay, Saudi Arabia is self sufficient and they almost give the petrol away to their people, as do many other oil producing countries. Cheers. 1 Quote Link to post Share on other sites
greg64 2,566 Posted June 11, 2022 Report Share Posted June 11, 2022 46% tax on a litre of diesel is a piss take the govt should drop it down at times like these 1 Quote Link to post Share on other sites
greg64 2,566 Posted June 11, 2022 Report Share Posted June 11, 2022 Gasoline prices around the world, 06-Jun-2022 | GlobalPetrolPrices.com Quote Link to post Share on other sites
greg64 2,566 Posted June 11, 2022 Report Share Posted June 11, 2022 (edited) looking at that list i think were getting shafted and when it comes to the diesel we are lower on the list Edited June 11, 2022 by greg64 1 Quote Link to post Share on other sites
Francie 6,362 Posted June 11, 2022 Report Share Posted June 11, 2022 5 minutes ago, Born Hunter said: Surely right now it's "poor us, mean oil companies". I'm not asking for sympathy for the oil companies, I'm saying let's have it right, we suffered and no one gave a shit and neither did I or the industry ask you to. We dealt with it. Now the shoe is on the other foot, everyone want's blood. Boom and bust... It was the workers who took the hit,not the top guys in the company born,they were all gran,as usual it was the workforce that got layer off,not the boys at the top,there rolling in the doe,apart from the guys that done the hard work. I want the oil companies to stay,f**k the green new deal,the gov are taxing f**k out of us ultimately the gov is to blame with there high tax. Quote Link to post Share on other sites
Born Hunter 17,639 Posted June 11, 2022 Report Share Posted June 11, 2022 (edited) 10 minutes ago, chartpolski said: I watched an interview with the head of the petrol retailers association and he was bemoaning the fact they "only" made 4p per litre profit. I also saw an interview with a government spokesman, and asked why we don't open up the North Sea oil feilds and become self sufficient, he said it would make no difference to the price as we would have to sell it to ourselves at the international spot price ! Absolute bullshit ! America is self sufficient in oil and they set the price at the pumps, which is half what we pay, Saudi Arabia is self sufficient and they almost give the petrol away to their people, as do many other oil producing countries. Cheers. I mean, I'm not going to argue that this isn't mostly the result of political decisions. Be it tax, green politics, fracking, covid lockdowns, strategic energy supply, work force. I just want the public to be a bit smarter with the actual causes and stop letting the media whip up a storm. Edited June 11, 2022 by Born Hunter Quote Link to post Share on other sites
Born Hunter 17,639 Posted June 11, 2022 Report Share Posted June 11, 2022 Just now, Francie said: It was the workers who took the hit,not the top guys in the company born,they were all gran,as usual it was the workforce that got layer off,not the boys at the top,there rolling in the doe,apart from the guys that done the hard work. I want the oil companies to stay,f**k the green new deal,the gov are taxing f**k out of us ultimately the gov is to blame with there high tax. That's the perks of being at the top. You take one annual 5M bonus and you stop needing to worry about money ever again. But let's not pretend anyone can manage the biggest companies in the world. 1 Quote Link to post Share on other sites
Greyman 25,276 Posted June 11, 2022 Report Share Posted June 11, 2022 15 minutes ago, greg64 said: looking at that list i think were getting shafted Don’t be silly it’s the oil company’s that are loosing out and suffering, we are having it right off, now where’s me keys Quote Link to post Share on other sites
fazza123 513 Posted June 11, 2022 Report Share Posted June 11, 2022 2 hours ago, JBs Left Peg said: If out Gov thought anything of its people it would immediately take aaay the VAT on Fuel ‘GAS ‘ Electricity and Food. But they won’t because they don’t care they view the working class and nowdays probably even the middle classes as no better than we view rats. This winter people will die of cold and hunger ‘will Boris and co and their broods go cold and hungry . Will they f**k . Wouldn’t surprise me if they use the excess deaths from Pnumonia as a new varient and shout roll up for jab number 4-5 Imo they pricing the working class off the roads by making driving unaffordable and making 50-70k Electric cars a more viable option for the middle classes ? agree mate. Most won't even own cars in 10 years if they get they're own way. This winter is going to be a tough one I expect. Food shortages, blackouts, elderly dying nothing is out of the question these days. This war is just part of the build back better, " you'll own nothing and be happy" All to keep us in a state on anxiety. That klaus schwab is just missing a cat by his side. The propaganda regarding this war reminds me of the other propaganda we experienced the day before it started with that mild flu like virus Quote Link to post Share on other sites
Born Hunter 17,639 Posted June 11, 2022 Report Share Posted June 11, 2022 5 minutes ago, JBs Left Peg said: Born if it all really is out of Govs hands at this moment why don’t they immediately knock the 20% VAT Off Clothes - Fuel - Food - Gas - Leccy and the robbery called the Standing Charge . All the above are essentials to life Clothing - Warmth - Nourishment . ????? They don’t give a f**k Is the answer. What part of anything I’ve written makes you think I’m defending the government!? Quote Link to post Share on other sites
low plains drifter 9,467 Posted June 11, 2022 Report Share Posted June 11, 2022 On 09/06/2022 at 20:30, scotty12 said: Play stupid games win stupid prizes Where the fuxx the mini metro? 1 Quote Link to post Share on other sites
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