Quote:
|
Originally Posted by alansmithee
They had high profits for one quarter, you can't accurately extrapolate that over a year. And also, they are a corporation, not a public service. There job is to make profit, not to do research.
|
I'm willing to bet a lot that I can safely assume this profit margin will stay at a steady 5 billion or increase over the next quarter. Why? I'll tell you...First and foremost BP lost money on its operations in the United States because of the devestating hurricanes here (the predicted quarterly profit was higher than 5.3 B)...Secondly oil consumption is about to rise because of the winter season. This is the time oil prices usually rise because of expected demand for heating...and more importantly when a exec at one of these companies sees a profit like this he/she trys his/her damndest to make the profit stick, like say by launching a PR friendly commercial campaign
. Makes them look less like money hogs and more like environmentalists in the public's eyes. Getting it?
And I understand what capitalism is of course. The problem in America, and the reason there are economic problems such as outsourcing (not to single that out) is because all these companies look at is profit, money. There is also such a thing as socially consciuos capitalism...which may never be accepted but should be.