Exxon profits are up! - The 1947 - Present Chevrolet & GMC Truck Message Board Network

**Boog** · 01-31-2023, 07:55 PM

Report out today shows a new record Exxon profit for 2022 is $55.7 billion. Way up from the $45 billion profit back in that awful economic year of 2008.

72c20customcamper · 01-31-2023, 08:29 PM

So they technically made less since a 2008 dollar is worth 1.36 in 2022 dollars .

best view · 01-31-2023, 09:42 PM

At least they worked for it not like the government

**DeadheadNM** · 01-31-2023, 10:24 PM

I bet Phizer made more

57taskforce · 01-31-2023, 11:30 PM

Quote:

Originally Posted by DeadheadNM

I bet Phizer made more

Damn right about that.

**davischevy** · 02-01-2023, 12:59 AM

Quote:

Originally Posted by best view

At least they worked for it not like the government

The government gave ours to Pfizer.

**FleetsidePaul** · 02-01-2023, 06:09 AM

I've got nothing against Pfizer. Don't they make Viagra?

Happy pills.

**Getter-Done** · 02-01-2023, 07:27 AM

The E XXon in town has some much of a price difference++

I don't see how they stay in business

The S Heell station is the same way.

**Boog** · 02-01-2023, 07:50 AM

I'm for free enterprise and all but sheeeet! How much profit is enough? I remember when big oil annual profits were reported in the $30 billion range and I called it obscene at the time. And correct me if I'm wrong but the gov STILL subsidizes them 50 cents per gallon. And why?

**special-K** · 02-01-2023, 08:01 AM

Quote:

Originally Posted by Boog

I'm for free enterprise and all but sheeeet! How much profit is enough? I remember when big oil annual profits were reported in the $30 billion range and I called it obscene at the time. And correct me if I'm wrong but the gov STILL subsidizes them 50 cents per gallon. And why?

Corporate welfare goes beyond free enterprise. I never expect to hear of Exxon (or Phizer) losing money. They are guaranteed to profit.

**Stocker** · 02-01-2023, 10:44 AM

If I was a stockholder, I'd be happy to *share* (heh) those profits.

72c20customcamper · 02-01-2023, 11:00 AM

Quote:

Originally Posted by Stocker

If I was a stockholder, I'd be happy to *share* (heh) those profits.

If you have a 401k you most likely do have stock .

**tim71** · 02-01-2023, 11:12 AM

If the governments publicly stated goal is to put my business and industry out of business, I would make as much obscene profit as possible for as long as I can.

**Boog** · 02-01-2023, 11:23 AM

Big oil companies aren't going anywhere. They already own other forms of alternative energy. They won't be put out of business. Actually, big oil companies rule the world. Did greed blind everyone to the fact that was happening?

KW5413 · 02-01-2023, 11:43 AM

I have BIG oil and Pfizer in my limited portfolio. I support big oil every time I fire up the '69 and my 6.2 GMC. Keep on keepin' on! LOL!

**FleetsidePaul** · 02-01-2023, 02:24 PM

Quote:

Originally Posted by KW5413

I have BIG oil and Pfizer in my limited portfolio. I support big oil every time I fire up the '69 and my 6.2 GMC. Keep on keepin' on! LOL!

I have stock in Tesla and crypto currency and I dislike electric vehicles and don't even know what crypto currency is. I still buy gas and pay cash. But those stocks make me the cash to buy the gas and a lot more.

67C10Step · 02-01-2023, 05:15 PM

The government made more per gallon off every gallon of EXXON gas than EXXON did. Every refinery was charging record profits per gallon back after Biden got into office and things started going nuts. Both that and the government taxation burns me up one side and down the other.

Also, saw P66 just purchased a major mid stream natural gas company. They know where the future is headed and it's not away from the petrochemical industry anytime soon.

KW5413 · 02-01-2023, 06:59 PM

Quote:

Originally Posted by FleetsidePaul

I have stock in Tesla and crypto currency and I dislike electric vehicles and don't even know what crypto currency is. I still buy gas and pay cash. But those stocks make me the cash to buy the gas and a lot more.

Yep. I picked up Tesla in March of 2020. I ain't crying but, I wish Elon would keep his mouth shut.

I am not an EV fan either. They are one-way vehicles as far as I am concerned. The time will come when people start on the Lithium mines for making too much $$$$!

And I can't even spell craptoe currency...

**special-K** · 02-02-2023, 11:28 AM

Wherever our energy needs go I'm sure big oil will be there. All forms of industry are subject to changing times. They either go with it or go out. Big oil knows that better than anybody. At least they have had the benefit of all the early warnings anyone could ask for.

**tim71** · 02-02-2023, 12:17 PM

I'm not a cheer leader for big oil, however I think this supposed green(electric) revolution is a bunch of bs. I agree that industries must adapt, but that generally is happening in the private sector thru innovation and gains in technology, not the government stepping in and deciding for us.

**Boog** · 02-02-2023, 12:29 PM

I agree but the fact of the matter is some changes just don't happen until someone makes it mandatory. Just part of the human psyche to resist change we don't like.

**special-K** · 02-02-2023, 12:33 PM

I figure gasoline won out over electric in the beginning on it's own merit. I figure when electric makes more sense than gasoline it will win out on it's own merit.

**Grumpy old man** · 02-02-2023, 12:55 PM

When the government (BOTH SIDES) finally agree it's time to upgrade the entire electrical grid across the entire US and not just the cities Ev's could work in some capacity But forcing it on the entire public when the grid can't handle it is just wrong , The old cart before the horse thing again . Exxon profits up ? Good , Probably the only thing saving some of the 401K ?

Save the whales !

**tim71** · 02-02-2023, 02:39 PM

Quote:

Originally Posted by special-K

I figure gasoline won out over electric in the beginning on it's own merit. I figure when electric makes more sense than gasoline it will win out on it's own merit.

I sorta agree, the only problem is that one side (electric) has an awful large amount of help with their merit. I may be wrong, but I think the vast majority of EV's are purchased by people who are generally well off. The government gives these people $7500 to buy an EV, while people in lower economic classes sruggle to afford a used car. The whole system is corrupt. Why should my tax dollars go to some rich guy who buys an EV?

Accelo · 02-02-2023, 03:01 PM

Quote:

Originally Posted by special-K

Corporate welfare goes beyond free enterprise. I never expect to hear of Exxon (or Phizer) losing money. They are guaranteed to profit.

Don't forget the insurance companies!
In 2008 my rates doubled. Turns out the stock market went down so to keep their profit levels they just upped the rates. Perfectly legal.

01-31-2023, 07:55 PM	#1
Boog laying low Join Date: Mar 2001 Location: Searcy, Ark. USA Posts: 12,957	Exxon profits are up! Report out today shows a new record Exxon profit for 2022 is $55.7 billion. Way up from the $45 billion profit back in that awful economic year of 2008. __________________ Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross

01-31-2023, 08:29 PM	#2
72c20customcamper Registered User Join Date: Jul 2018 Location: Catskill Mountains,NY Posts: 8,141	Re: Exxon profits are up! So they technically made less since a 2008 dollar is worth 1.36 in 2022 dollars . __________________ Mark 72 c20 custom camper Husky edition, 66 SS396 Chevelle 1964 Hawk, 63 Avanti,62 lark 1969 AMX , 1968 c20 stepside ,85 K20 1977 Suburban sold 68 anniversary.

01-31-2023, 09:42 PM	#3
best view Registered User Join Date: Apr 2009 Location: newbury new hampsire Posts: 1,986	Re: Exxon profits are up! At least they worked for it not like the government

01-31-2023, 10:24 PM	#4
DeadheadNM Carpe manana Join Date: Dec 2010 Location: Eau Claire, WI Posts: 12,284	Re: Exxon profits are up! I bet Phizer made more __________________ 1972 K5 CST Highlander Blazer: http://67-72chevytrucks.com/vboard/s...d.php?t=708547 1972 K20 Cheyenne Super: http://67-72chevytrucks.com/vboard/s...d.php?t=528308 Members met: ORANGBLAZ, 2003 silverado, MikeCofield, BB72CHEVKT, Duncan&Son, Sameyrasmea72, THENEWMEXICAN, HotRod C/10, brianthelion02, Sport/Truck, ryanroo, michael bustamante, Dirt's72, Already Gone, WestButteTruck, 57taskforce, Moreyel, painterljp, AASmedic, SoCoC10, Lumaestas, carbuff382, Chevyland

02-01-2023, 06:09 AM	#7
FleetsidePaul R.I.P. E.S.L.L. Join Date: Aug 2005 Location: Kernville CA./ Lake Isabella CA. Posts: 11,411	Re: Exxon profits are up! I've got nothing against Pfizer. Don't they make Viagra? Happy pills. __________________ 1971 Custom C/20 1970 CST 20 1970 C/30 Flatbed 1983 C/30 Dually 2015 Corvette Z51 2021 Corvette Z51 1991 Cadillac Hearse 1982 Cadillac Eldorado Biarritz 2000 Porsche Boxster S 2020 Jeep Gladiator 1973 VW Thing 1973 Plymouth Satellite wagon 1963 Baja Bug 1959 Bug Dune Buggy 1970 Baja Bug 1987 Jaguar XJ 350. R.I.P. El Jay R.I.P Jessie. R.I.P Grumpy. Every day is a gift from God.

02-01-2023, 07:27 AM	#8
Getter-Done Senior Member Join Date: Dec 2009 Location: TN. Posts: 7,723	Re: Exxon profits are up! The E XXon in town has some much of a price difference++ I don't see how they stay in business The S Heell station is the same way. __________________ ________________________________________________________________________________________ ____________________________________________ 84 Chevy K-20 63 Impala (my high school car) http://67-72chevytrucks.com/vboard/s...Crew Cab Build

02-01-2023, 07:50 AM	#9
Boog laying low Join Date: Mar 2001 Location: Searcy, Ark. USA Posts: 12,957	Re: Exxon profits are up! I'm for free enterprise and all but sheeeet! How much profit is enough? I remember when big oil annual profits were reported in the $30 billion range and I called it obscene at the time. And correct me if I'm wrong but the gov STILL subsidizes them 50 cents per gallon. And why? __________________ Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross

02-01-2023, 10:44 AM	#11
Stocker 20' Daredevil (Ret) Join Date: May 2003 Location: Jefferson State Posts: 13,497	Re: Exxon profits are up! If I was a stockholder, I'd be happy to share (heh) those profits. __________________ - Mike - 1972 K20 LWB 350/350/205 RIP El Jay

02-01-2023, 11:12 AM	#13
tim71 Senior Member Join Date: Oct 2015 Location: Brownsburg, IN Posts: 1,072	Re: Exxon profits are up! If the governments publicly stated goal is to put my business and industry out of business, I would make as much obscene profit as possible for as long as I can. __________________ 1972 Blazer Highlander 1971 GMC K1500 SWB (sold)

02-01-2023, 11:23 AM	#14
Boog laying low Join Date: Mar 2001 Location: Searcy, Ark. USA Posts: 12,957	Re: Exxon profits are up! Big oil companies aren't going anywhere. They already own other forms of alternative energy. They won't be put out of business. Actually, big oil companies rule the world. Did greed blind everyone to the fact that was happening? __________________ Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross

02-01-2023, 11:43 AM	#15
KW5413 Registered User Join Date: Jul 2021 Location: Rowlett, TX Posts: 494	Re: Exxon profits are up! I have BIG oil and Pfizer in my limited portfolio. I support big oil every time I fire up the '69 and my 6.2 GMC. Keep on keepin' on! LOL!

02-01-2023, 05:15 PM	#17
67C10Step Registered User Join Date: Jul 2019 Location: Beebe, AR Posts: 2,406	Re: Exxon profits are up! The government made more per gallon off every gallon of EXXON gas than EXXON did. Every refinery was charging record profits per gallon back after Biden got into office and things started going nuts. Both that and the government taxation burns me up one side and down the other. Also, saw P66 just purchased a major mid stream natural gas company. They know where the future is headed and it's not away from the petrochemical industry anytime soon. __________________ 1967 C10 1980 Jeep CJ5 2020 Toyota 4Runner 2020 Toyota CH-R 2020 Acura MDX Last edited by 67C10Step; 02-02-2023 at 09:43 AM.

02-02-2023, 11:28 AM	#19
special-K Special Order Join Date: Nov 2004 Location: Mt Airy, MD Posts: 85,863	Re: Exxon profits are up! Wherever our energy needs go I'm sure big oil will be there. All forms of industry are subject to changing times. They either go with it or go out. Big oil knows that better than anybody. At least they have had the benefit of all the early warnings anyone could ask for. __________________ "BUILDING A BETTER WAY TO SERVE THE USA"......67/72......"The New Breed" GMC '67 C1500 Wideside Super Custom SWB: 327/M22/3.42 posi.........."The '67" (project) GMC '72 K2500 Wideside Sierra Custom Camper: 350/TH350/4.10 Power-Lok..."The '72" (rolling) Tim "Don't call me a redneck. I'm a rough cut country gentleman" R.I.P. ~ East Side Low Life ~ El Jay ~ 72BLUZ ~ Fasteddie69 ~ Ron586 ~ 67ChevyRedneck ~ Grumpy Old Man ~

02-02-2023, 12:17 PM	#20
tim71 Senior Member Join Date: Oct 2015 Location: Brownsburg, IN Posts: 1,072	Re: Exxon profits are up! I'm not a cheer leader for big oil, however I think this supposed green(electric) revolution is a bunch of bs. I agree that industries must adapt, but that generally is happening in the private sector thru innovation and gains in technology, not the government stepping in and deciding for us. __________________ 1972 Blazer Highlander 1971 GMC K1500 SWB (sold)

02-02-2023, 12:29 PM	#21
Boog laying low Join Date: Mar 2001 Location: Searcy, Ark. USA Posts: 12,957	Re: Exxon profits are up! I agree but the fact of the matter is some changes just don't happen until someone makes it mandatory. Just part of the human psyche to resist change we don't like. __________________ Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross



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02-02-2023, 12:33 PM	#22
special-K Special Order Join Date: Nov 2004 Location: Mt Airy, MD Posts: 85,863	Re: Exxon profits are up! I figure gasoline won out over electric in the beginning on it's own merit. I figure when electric makes more sense than gasoline it will win out on it's own merit. __________________ "BUILDING A BETTER WAY TO SERVE THE USA"......67/72......"The New Breed" GMC '67 C1500 Wideside Super Custom SWB: 327/M22/3.42 posi.........."The '67" (project) GMC '72 K2500 Wideside Sierra Custom Camper: 350/TH350/4.10 Power-Lok..."The '72" (rolling) Tim "Don't call me a redneck. I'm a rough cut country gentleman" R.I.P. ~ East Side Low Life ~ El Jay ~ 72BLUZ ~ Fasteddie69 ~ Ron586 ~ 67ChevyRedneck ~ Grumpy Old Man ~

02-02-2023, 12:55 PM	#23
Grumpy old man Senior Member Join Date: Dec 2013 Location: Gods country East,Tn Posts: 8,545	Re: Exxon profits are up! When the government (BOTH SIDES) finally agree it's time to upgrade the entire electrical grid across the entire US and not just the cities Ev's could work in some capacity But forcing it on the entire public when the grid can't handle it is just wrong , The old cart before the horse thing again . Exxon profits up ? Good , Probably the only thing saving some of the 401K ? Save the whales ! __________________ 1967 Factory short bed - Old school '71 - 350 / 4bolt / 487 heads / Edelbrock C3BX Muncie M-22 4 speed / Hurst Comp plus Factory 12 bolt posi 3.73 / 255-70-15 Smoothed firewall / Factory cowl induction Power disc brakes / power steering / 3.5-5" drop

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