Home Equity Line of Credit = $42,139
Car Loan = $23,792
Credit Card = $6,501
Student Loan = $38,787
Average Loans Excluding Home Loan =$104,215
Home Loan = $244,498
Home Equity Line of Credit = $42,139 Car Loan = $23,792 Credit Card = $6,501 Student Loan = $38,787 Average Loans Excluding Home Loan =$104,215 Oil companies are getting attacked by the Biden Administration and his party in general, claiming they're gouging consumers. This is an outright lie and if they really thought these companies were taking advantage of consumers then why haven't they gotten after them with the DOJ? The reason they don't is they know it's not true. Does it bother you that they're willing to mislead us about such significant issues, and hurt U.S. companies and their employees along the way?
They're stating that oil companies are making ridiculous profits when there's a whole other side to the story that easily exposes how they're lying about this industry solely for their green aspirations. The reason oil companies bring in so much revenue is that gasoline is one of the most consumed products in the U.S. They would naturally bring in a lot of profits, but the question is, are they taking advantage of consumers? The answer by far, is no. In fact, they are giving us one of the better deals of any other industry in our country. Let me compare the oil companies to companies that produce bottled water such as the manufactures of Coke (Dasani), and Pepsi (Aquafina). Oil companies have way more expenses when it comes to the salaries they must pay because they have many engineers and scientists on their payrolls. Even men and women who work on oil platforms and in refineries make much more than an average citizen (often over $100K a year). Identifying where oil is, building a massive platform on the ocean, and then drilling for oil, is a huge and expensive undertaking. Then they must move the oil from the platforms to oil tankers that take the oil to various ports. From there it is moved to oil refineries where several products are made such as gasoline and resin for plastics. Then all these products are shipped around the country which also costs money. There’s a tremendous amount of expense to accomplishing the above and at the end of the day, oil companies only make around a 6% profit margin which is close to half of what many companies make in this country. For example, cable companies make around a 25% margin, tobacco around 31%, and software companies around 19%. Facebook’s profit margin is 39%. Could you imagine if these companies provided us with fuel based on their operating margins? We'd have to ride a bike to work. Now let’s look at bottled water companies like Coke (Dasani), and Pepsi (Aquafina). All they need is a water supply that they sometimes own and sometimes lease. This water is directly pumped or transported to facilities that process the water to remove impurities. The water is bottled then placed on trucks and sent to distribution centers. This process isn’t at all as complicated or expensive as what it takes to bring gasoline to consumers. Even though the process of bottling water is so much less expensive than processing oil, these bottled water companies make around 14+% in profits, more than twice the profit margin as oil companies. In my world, gas is around $3.89 a gallon. This means that based on the profit margins bottled water companies receive, if they produced gasoline for us, the price would be at least $8.00 a gallon. Now whose gouging consumers? If it weren’t for the productivity of oil companies in the U.S., efficiency of their operations, and low profit margins, we’d be paying $10 a gallon like countries in Europe. Politicians don’t want people to know the true story behind oil companies because it’s so easy to attack them and they can act like they’re David taking on Goliath. Why aren’t they going after companies like Coca Cola and PepsiCo for gouging consumers? Or what about Big Tech? They are picking and choosing where to place their rage based on politics. The bottom-line is don’t fall victim to the games politicians are playing. “Big,” oil companies aren’t evil. They don’t deserve to be attacked and instead should be receiving a thank you note from us because without them, we’d be spending at least $200 more per month on gasoline. I don’t know about you, but I have better things to spend my money on. A survey came out that showed roughly half of the people who bought electric vehicles have buyer's remorse. Why? 1) Limited access to charging stations. 2) The time it takes to charge their vehicles. 3) Both extensive cold and heat impacts a battery's charge. 4) The value of their vehicle when they drive it off the lot drops over 30% while gas powered cars average about a 6% drop in value. 5) The high costs of replacement batteries which is on average $6,500.
If you want to dabble in electric vehicles I'd recommend a hybrid at this time. "A great civilization is not conquered from without until it has destroyed itself from within." - W. Durant
China owns farmland near 19 U.S. military bases across the country, according to the New York Post, raising fears of espionage and sabotage by communist agents.
The bases adjacent to Chinese-owned land include some of the most strategically important installations, including Fort Liberty in Fayetteville, North Carolina, Fort Cavazos in Killeen, Texas, Marine Corps Base Camp Pendleton in San Diego, California, and MacDill Air Force Base in Tampa, Florida. How could this even happen?! The U.S. Supreme Court is currently considering a case accusing the Biden administration of colluding with Big Tech to censor Americans. A survey went out which asked if people think social media companies have too much power and influence in our everyday lives and 87.64% agreed. That is good news. By the way, the survey showed that 1.25% of Americans think social media doesn't have enough influence. These are the crazies.
The $50 Lesson:
Recently, while I was working in the flower beds in the front yard, my neighbors stopped to chat as they returned home from walking their dog. During our friendly conversation, I asked their little girl what she wanted to be when she grew up. She said she wanted to be President someday. Both of her parents, Democratic Party members, were standing there so I asked her, "If you were President what would be the first thing you would do?" She replied... "I'd give food and houses to all the homeless people." Her parents beamed with pride! "Wow...what a worthy goal!" I said..."But you don't have to wait until you're President to do that!" "What do you mean?" she replied. So, I told her, "You can come over to my house and mow the lawn, pull weeds, and trim my hedge, and I'll pay you $50. Then you can go over to the grocery store where the homeless guy hangs out, and you can give him the $50 to use toward food and a new house." She thought that over for a few seconds, then she looked me straight in the eye and asked, "Why doesn't the homeless guy come over and do the work, and you can just pay him the $50?" I said, "Welcome to the Republican Party." Her parents aren't speaking to me anymore. After he graduated high school in 1935, Earnest Borgnine sold vegetables on the street. He saw a Navy recruitment poster and decided that being a sailor beat his current occupation. He enlisted, and ended up aboard the destroyer/ minesweeper USS Lamberton, until his honorable discharge in October 1941. A few months later, the Japanese attacked Pearl Harbor, and Borgnine reenlisted. He spent the war patrolling the Atlantic coast aboard the USS Sylph, on antisubmarine duty, until his discharge in 1945 as a Gunner’s Mate, 1st Class.
Part of the greatest generation! Auditors found that during the pandemic, $710 million in secret third-party royalties enriched the National Institutes of Health – with 97-percent of the payments flowing into Fauci’s institute, National Institutes of Allergies and Infectious Diseases (NIAID).
In other words, of course Fauci was pushing vaccines!!! BTW: Now we know that natural immunity was better than the vaccines, that masks didn't work, and that six feet social distancing didn't work. They had no scientific data that supported their directives and yet people who believed them viciously demonized those who didn't. Where are the apologies? Come on, it will make you feel better. 😁 Hedy Lamarr, was often proclaimed “one of the most beautiful actresses in the world.” The 26-yr-old Lamarr was thriving in Hollywood when, in September 1940, Nazi U-boats hunted down and sank a cruise ship trying to evacuate 90 British schoolchildren to Canada. A total of 77 drowned that day in the cold north Atlantic waters.
Lamarr, a Jewish immigrant from Nazi-occupied Austria, was outraged. She fought back by applying her engineering skills to develop a sonar sub-locator used in the Atlantic for the benefit of Allied forces. The principles of her work are now incorporated into modern Wi-Fi and Bluetooth technology, work that led to her being posthumously inducted into the National Inventors Hall of Fame in 2014. By the way, when I worked on submarines for the Navy in the 1980's, we were still using her inventions. What an amazing woman! |
Author: John Mann |