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Old 07-19-2008, 01:11 PM   #1
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Hmmmmmmmm........

What if other products were priced by the barrel???

US light sweet crude.................$130brl

Coca Cola............................$126 brl
Milk.....................................$163 brl
Perrier Water........................$300 brl
Budweiser............................$447 brl
Starbucks latte.....................$954 brl
Ben & Jerry's ice cream...........$1,609 brl
Tabasco sauce......................$6,155 brl
Chanel No 5....................$1,666,560 brl

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Old 07-19-2008, 01:27 PM   #2
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OK, The Tabasco sauce price pisses me off.

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Old 07-19-2008, 05:06 PM   #3
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No wonder I don't have any money. I buy about a brl of Coca-Cola and ice cream every month...


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Originally Posted by Dare2BSquare View Post
What if other products were priced by the barrel???

US light sweet crude.................$130brl

Coca Cola............................$126 brl
Milk.....................................$163 brl
Perrier Water........................$300 brl
Budweiser............................$447 brl
Starbucks latte.....................$954 brl
Ben & Jerry's ice cream...........$1,609 brl
Tabasco sauce......................$6,155 brl
Chanel No 5....................$1,666,560 brl
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Old 07-20-2008, 11:44 AM   #4
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im jsut wondering what you would do with a barrel of cologne, that would not smell all that good
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Old 07-20-2008, 01:15 PM   #5
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You know... This thread got me thinking. So, I actually did the math. A standard "Crude" oil "barrel" is 42 gallons (must actually be a metric equivalent) and only about 19 1/2 gallons of gasoline is made from that crude. The leftovers are used to make other products like Kerosene and chemicals for plastics and what not...

Anyway if you take what a barrel of crude cost and factor in what a gallon of gas and kerosene costs... They actually only mark that stuff up about 30 to 40%. Which would just cover the cost of manufacture and transportation.

All along I thought we were getting the royal rectal intercourse thing from the oil companies. Turns out (on paper anyway) that we aren't really.

I will say, however, in the current climate with the oils companies making BIG profits, they could give us all just a little break.
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Old 07-20-2008, 01:54 PM   #6
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They would have to start with giving the gas station owners/operators a break. Many are counting on the sales from their little repair shop or purchases from their stores to stay afloat right now.
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Old 07-20-2008, 02:22 PM   #7
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It wouldn't be so bad, if they weren't making historically high windfall profits.
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Old 07-20-2008, 02:28 PM   #8
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The end retailer never makes money from gas sales, my uncle had a station in Summitt NJ in the 60's, his money was from his 4 bay garage for repairs and Hertz car rentals and during the winter he made more money plowing driveways with his WWII surplus willys jeep. Everybody talks about exxon, shell, etc, those oil companies are small beans in the world scheme of things, the real big oil companies are owned by governments, none of them friendly to the US.
When Luke oil first started opening stations here they were price competitive with everyone else, then the CEO made some bad enemies and was sent to prison and the russian govt took over in everything but name, now Luke oil here, at least in NJ and PA is always the higher priced supplier, the Russians don't care they know we are going to buy it no matter what they charge.
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Old 07-20-2008, 02:39 PM   #9
coilovers are damn flexy
 
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All I can say to that, is Fawk the Russians.
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Old 07-20-2008, 02:54 PM   #10
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Ask T. Boone Picket he probably knows what the oil companies margins are. It looks like he going to make more millions off green energy now. He's dumping a lot of money into advertising, I doubt its because he wants to get off oil.
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Old 07-20-2008, 04:40 PM   #11
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Can somebody define "windfall profits" for me?
I want to be sure I understand exactly the evil that we're discussing.

The oil companies make about 8% profit.
The government takes about 20% in taxes, who's robbing you?
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Old 07-20-2008, 04:54 PM   #12
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Kind of the Govt, The bulk of the profit on oil is going to the World Bank to pay back loans to the US. Just a thought after reading some articles on it. It may not be true but it sure makes sense.
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Old 07-21-2008, 05:11 PM   #13
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good point skeeter, we can always count on you to chime in with something.

As far the T. Boone Pickens plan, its very clever that while he has the plan to put America on the right track its convienent that he happens own a large equity trust that would profit largely from "green energy".

I work in the natural gas industry and while its great to have an alternative plan to oil, Pickens' plan has some problems of its own. IMO

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