Fuel up/down again

[Jez]

No, you talking **** and passing it as gold plated fact.

That's annoying.

Yes, I have close ties in the industry on the tax side of heavy and light oil production. Grangemouth specifically. And elsewhere.

Everything i have said is gold plated fact, that is the point. Given your close ties i would have expected more from you frankly, as your posts here have been nothing short of a disgraceful lack of knowledge of the subject.

Where you appear not to understand the fundamentals is where you appear to suggest repeatedly that the corporation should subsidise and run its retail arm at a loss, in order to subsidise fuel prices for me and you?

This is the only conclusion that i can possibly come to given that you keep sighting corporation profits. These have NOTHING to do in the context of anything even approaching this discussion, and your initial figures and reply were aimed at somebody complaining about retail prices.

 

[Biohazard]

You made that comment in direct response to a post about the proportion of revenue an oil company receives at the pump being tiny

Yes, but as you can see - I deleted the bit in the middle of his quote because I wasn't interested in discussing it.

People were giving off the 'it's not them vibe'.

Oil companies make profit, this is what I'm getting at.

Everyone else is running about like ****, pointing at poorly running petrol garage forecourts and claiming otherwise.

Comedy gold.

 

[Biohazard]

Everything i have said is gold plated fact, that is the point.

So there is no profit at all in the UK market?



OK.



YOU WIN ARGUMENT.


Jez > *

 

[[TW]Fox]

It's not only petrol stations?

I quite clearly said petrol company, ie overall.

The essense was government rip us off, not the oil companies.

With overall profits running into figures like that, I thought some counterbalance was due.

The cost of a litre of unleaded petrol is circa 44p.

The cost of a litre of unleaded petrol at my local petrol station is 122p.

The difference between the two figures is tax.

It is the government that are responsible for the high prices.


We do not buy petrol from an oil major at a refinery. We buy petrol from a retail forecourt - some of which are backed by oil majors, many of which are simply one man band franchises.

I'll take my nearest petrol station for example - it isnt run by anyone but the owner of that forecourt. He has a franchise from an oil major, but it's HIS business and HIS profits.

This place is full of idiots and morons, it's only the truth.

If an outsider was to view this thread who would they decide fits that? The people debating petrol prices or the person hurling abuse at everyone who disagrees with him?

Read above, you're not that clever fox.

This is a useful thread as I can simply present it next time somebody suggests I am what is wrong with Motors.

You've always been quite a character but your reaction in this thread is simply amazing.

 

[Biohazard]

hello.... temporarily back.

He was talking about oil companies, they do make lots of money.

Forcourts have always moaned that they don't make much money.

in other news

It's a hard life.

 

[Jez]

So there is no profit at all in the UK market?



OK.



YOU WIN ARGUMENT.


Jez > *

In the context (read above, a couple of my posts up will show this), no there is not.

Now please go back to my previous post and digest. Then come back with a reasonable reply.

You are just making yourself look silly right now.

 

[Biohazard]

The cost of a litre of unleaded petrol is circa 44p.

The cost of a litre of unleaded petrol at my local petrol station is 122p.

The difference between the two figures is tax.

It is the government that are responsible for the high prices.

Yes, well done fox.

And the oil companies operations overall still do very very well.

If an outsider was to view this thread who would they decide fits that? The people debating petrol prices or the person hurling abuse at everyone who disagrees with him?

Don't know, don't care.

This is a useful thread as I can simply present it next time somebody suggests I am what is wrong with Motors.

Still fed up the mods got fed up of your 'personality'?

You've always been quite a character but your reaction in this thread is simply amazing.

So is you wading into everything that sparks up in here.

You're like a shark with blood.

Or a fly with ****?

 

[Biohazard]

In the context (read above, a couple of my posts up will show this), no there is not.

Now please go back to my previous post and digest.

No profit what so ever?

 

[Kenai]

Yes, but as you can see - I deleted the bit in the middle of his quote because I wasn't interested in discussing it.

People were giving off the 'it's not them vibe'.

Oil companies make profit, this is what I'm getting at.

Everyone else is running about like ****, pointing at poorly running petrol garage forecourts and claiming otherwise.

Comedy gold.

No one said oil companies don't make money, they said they don't make money from forecourts. You made a post to counter that saying they rake in $1.5m per hour and then in subsequent posts vehemently defended your belief that the UK fuel retail market was some sort of glorious money pit.

Now you're trying to back pedal and pretend you weren't ever talking about forecourts at all.

That said, it has been hard to tell what your actual point as been times when your posts just contained more insults than actual debate.

 

[[TW]Fox]

Yes, well done fox.

And the oil companies operations overall still do very very well.

Why are you unable to seperate 'oil company'? Do you not understand how business is structured?

Still fed up the mods got fed up of your 'personality'?

We obviously need more of yours, it would seem.

So is you wading into everything that sparks up in here.

You're like a shark with blood.

Or a fly with ****?

Wading in!? It's a thread I started!

 

[Biohazard]

No one said oil companies don't make money, they said they don't make money from forecourts.

You really, really need to learn how petroleum companies operate. That post just makes you look really rather stupid.

I mean seriously, before making completely stupid posts at least have a quick google, or something, into where and where not revenue is generated.

The 4th largest energy group in the world for example, are completely pulling out of the UK retail petroleum market after YEARS of deliberation and proposals to do this to the parent company. You do not do this if there is profit to be made.

 

[[TW]Fox]

No profit what so ever?

He is talking about meaningful profit within the context of a multinational.

If you run 500 forecourts, what you'd probably consider a 'profit' is not 'meaningful'.

 

[Biohazard]

Why are you unable to seperate 'oil company'? Do you not understand how business is structured?

I can, if there is any relevance?

And of course I do.

We obviously need more of yours, it would seem.

Well, it gets a bit boring all the same after a while no?

Wading in!? It's a thread I started!

It may be your thread, but wading into an argument not originally held by yourself.

Rinse repeat and you have motors

 

[Jez]

No profit what so ever?

Do you not see what is so funny? And why everybody is arguing against you?

The fact you'd argue this point with me specifically is ludicrous.

You need to read and digest what i have posted, THEN, and ONLY then, reply.

Points to note from above are the context of profit against capital placement and potential re-investment, and also the suggestion that certain arms of corporations with duties to share holders should subsidise other non profitable arms of that organisation.

 

[Kenai]

Yeah I'm not seeing the bit where Jez said 'oil companies don't make money'

He's saying one of the biggest are pulling out of UK retail because there is no profit to be had from it.

 

[[TW]Fox]

I can, if there is any relevance?

And of course I do.

So therefore you'll realise that the retail fuel arms are seperate entities, and it's these entities that people are saying are not really profitable in the way you think they are.

Generally speaking you have 3 different types of fuel retailer:

a) Retail arms of oil majors
b) Supermarkets
c) Independantly owned franchises and independant traders

Supermarkets often use fuel as a loss leader because the profit margin elsewhere in the business is high enough to sustain this. Independants do not have this luxury and therefore have margins which are very, very tiny.

It may be your thread, but wading into an argument not originally held by yourself.

It's a discussion forum, thats the entire point

I saw a discussion which I wanted to have some involvement in. Just like you did. Thats how forums work, let alone just Motors!

 

[Biohazard]

Do you not see what is so funny? And why everybody is arguing against you?

The fact you'd argue this point with me specifically is ludicrous.

You need to read and digest what i have posted, THEN, and ONLY then, reply.

Can you just confirm that they make no profit what so ever please?

Instead of your song and dance.

Ta.

Points to note from above are the context of profit against capital placement and potential re-investment, and also the suggestion that certain arms of corporations with duties to share holders should subsidise other non profitable arms of that organisation.

 

[Fr0dders]

Yet another Motors thread spirals down into "handbags at twenty paces" territory.

I feel i have moved the game on significantly.

You can no longer have a Five Star thread without somebody in that thread having a breakdown.

Biohazard appears to have almost reached that point. (i say almost, it needs more stared out swear words tbh )

Bravo good sir ! 5 stars for you.

 

[Jez]

The old saying.

You cannot argue with an idiot. They will simply drag you down to their level and beat you with experience.

If your persistence is purely for the lulz, i salute you Biohazard.

If its for real, good grief!

 

[Janesy B]

You need to remember that despite personal and professional experience within the trade, Biohazard knows better than you.