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MichMan

(16,562 posts)

20. If that was the case, you would see a sharp decline in profits this year compared to previous years, but you don't

Reply to gab13by13 (Original post)

Sat Dec 27, 2025, 01:50 PM

1 hr ago

Exxon Mobil is a publicly traded company accountable to shareholders.

FYI, profit margins from selling gasoline are pretty low.

Last 8 quarters of net profits starting in Q4 of 2023 up through Q3 of 2025

7.6 billion
8.2 billion
9.2 billion
8.6 billion
7.6 billion
7.7 billion
7.1 billion
7.5 billion

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More Proof That I Am Right About The Price Of Oil/Gasoline [View all] gab13by13 6 hrs ago OP

Also there are a lot more crisis speculators now than back in the day. marble falls 6 hrs ago #1

Here's an interesting observation PJMcK 6 hrs ago #2

Gas taxes are also significantly higher in Europe. MichMan 6 hrs ago #5

Gas taxes are high in Pennsylvania. gab13by13 5 hrs ago #8

Not even comparible MichMan 5 hrs ago #9

I'm not comparing taxes in the US gab13by13 4 hrs ago #12

The post I specifically replied to said "In Europe, gasoline is significantly more expensive." MichMan 4 hrs ago #14

Monopolies multigraincracker 6 hrs ago #3

He is giving away our tax dollars to big oil in subsidies. Emile 6 hrs ago #4

Yes, that's what I am trying to say, thank you. gab13by13 6 hrs ago #7

The price of oil and gas is complex Botany 6 hrs ago #6

At 69 years of age, last week was the very first time that I was dismayed at paying too little at the gas pump. Ferrets are Cool 5 hrs ago #10

People are missing the point I am trying to make, gab13by13 4 hrs ago #13

Your assertion might be right. Igel 4 hrs ago #15

Yep. dalton99a 5 hrs ago #11

Not disagreeing, but more mathematical sentences for clarity would be nice. Tetrachloride 4 hrs ago #16

Here just north of Houston it's $2.13 at some places. Igel 4 hrs ago #17

2.79 in STL. 2.54 at SAM's in STL Pas-de-Calais 4 hrs ago #18

It's complicated..... paleotn 2 hrs ago #19

If that was the case, you would see a sharp decline in profits this year compared to previous years, but you don't MichMan 1 hr ago #20

Agree, disagree. hay rick 1 hr ago #21