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Reply #25: Exxon? Alternative fuel research? [View All]

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Heywood J Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-01-08 08:26 PM
Response to Reply #22
25. Exxon? Alternative fuel research?
Yeah, right. You mean the kind of "research" they did by buying up the patents on batteries for better electric cars.

When was the last time you saw Exxon bring people any kind of advance, in terms of better or alternative fuel? Even things like low-sulfur diesel had to be federally mandated - they couldn't even be bothered to better their own product, on their own time. They've sat on their asses when it comes to even building new refineries. Yes, I know about federal red tape, but you show me where they've even tried to do it. All this "innovation" from them is smoke being blown up people's asses to distract from the fact their pockets are being picked while Exxon reaps

Let's put it this way - many businesses operate on far less than 10% profit margins. Most retail shops are grateful to see 10%, especially this time of the year. Exxon is in it for Exxon, and no one else. Even when their profit margin is "only" 10%, if I credit you the figure, they're still consecutively posting the biggest annual and quarterly profit ever, for any company. They're so hard done by.
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