|
May 10, 2008 - 5:45 PM - by Justin
|
Today we upgraded the forum software. We are still pollishing it up a bit but most of the work is done.
We have also upgraded the shoutbox plugin. You can now see the time of the shouts among other things.
|
|
1 Reply | 67 Views
|
|
May 08, 2008 - 12:18 PM - by yorgo4u
|
|
7 5/07/08 Satopia>> DN/BEV UP..Factory Default needed after loading bin on Satopia..ICON;follow this very carefully;goto MenuPress 3333322222 two times Goto menu press 33333 22222 will show up message in icon logo EMU Off and only press 33333 22222 it will say EMU ON let it roll and watch TV...
|
|
0 Replies | 51 Views
|
|
May 08, 2008 - 4:04 AM - by yorgo4u
|
|
5/07/08 Satopia>> DN/BEV UP..Factory Default needed after loading bin on Satopia.. Pansat/Icon: DN/BEV DN..Stay tuned for further updates...
|
|
0 Replies | 61 Views
|
|
May 07, 2008 - 7:12 PM - by snakeskincowboy
|
The energy giant is being managed to achieve an acceptable investment return for shareholders, not for the benefit of consumers. Less supply of crude oil means higher prices -- and record profits.
By BusinessWeek
Reports of slackening demand sent oil down another 2.5% on Thursday to $101.84 per barrel. Crude prices have declined 7.6% since the beginning of the week. Not long ago, that would have been an astonishing plunge that shook the trading establishment. These days? Nah, that's just the ho-hum volatility in the oil market. But how is it that crude can still trade above $100 a barrel, three times what it sold for at the start of the decade, despite a very wobbly economy?
If you want to understand that, it helps to listen in to ExxonMobil's presentation to analysts in New York City in early March. Halfway through the three-hour meeting, Exxon management flashed a chart that showed the company's worldwide oil production staying flat through 2012.
Ponder that for a minute. Exxon is the largest publicly traded company in the energy business. In fact, it's the most profitable company in the history of capitalism, earning a record $40.6 billion last year on sales of $404 billion. Yet even with crude oil prices near all-time highs, Exxon isn't planning on producing any more oil four years from now than it did last year.
That means the company's oil output won't even keep pace with its own projections of worldwide oil demand growth of 1.3% a year.
Imagine a chief executive of another growth company making a similar announcement to that of Exxon Chairman Rex Tillerson. What if Steve Jobs said Apple wasn't going to sell any more iPhones than it did in 2007? What if Howard Schultz said latte production at Starbucks would stagnate, at least until the next U.S. president embarked on his or her re-election campaign? Shares of both companies would plummet. After the management presentations, Tillerson took questions from the audience. The first hand that shot up was that of Deutsche Bank oil analyst Paul Sankey, who wanted to know why the company wasn't showing any volume growth.
"We don't start with a volume target and then work backwards," Tillerson explained. Instead, he said, his team examines the available investment opportunities, figures out what prices they'll likely get for that output down the road and places its bets accordingly. "It really goes back to what is an acceptable investment return for us," Tillerson said.
In other words, producing more barrels just to ease prices for consumers is not part of the company's calculations.
Can we not do something about these ******?
|
|
11 Replies | 274 Views
|
|
May 06, 2008 - 10:19 PM - by yorgo4u
|
-5/6/08 VS/CW/CNX/PANSAT/SATOPIA/ICON BEV/DN DOWN . Stay tuned for further updates!!!
- 5/06/08 DN/BEV IS DOWN on -->ALL<-- stbs...!
|
|
4 Replies | 281 Views
|
|
