win fall

[billyo]

should bp have a win fall tax put on it ,or just reduce the cost at the pump.

 

[2scoops0406]

What's win fall tax?

 

[Bahco]

Windfall you mean.

 

[2scoops0406]

Probably not then. I saw some government joker on TV yesterday, decrying the parlous state of the electricity firms pricing, stating there was not enough competition in the market. Absolute rowlocks, services require one albeit well run company (economies of scale, no watchdogs / quangos etc).... Are they all so completely blind, stupid or is it all a bit more sinister than that?

 

[mark vincent]

Probably not then. I saw some government joker on TV yesterday, decrying the parlous state of the electricity firms pricing, stating there was not enough competition in the market. Absolute rowlocks, services require one albeit well run company (economies of scale, no watchdogs / quangos etc).... Are they all so completely blind, stupid or is it all a bit more sinister than that?

No competition, no regulation the only protection the public would have was the companies in question good intentions. Do you believe in the tooth fairies as well.

 

[billyo]

we win prices fall, cut it at the pump, (win fall) windfall we loose gov win more tax to gordo

 

[anobium]

BP profit is approx 14% of their turnover.
Out of that they have to allow a good sized amount for R&D and exploration .
Its a business for Gods sake, there to make money, why I will bet that there are plumbers on this forum who work on a larger profit margin than BP, and for what connecting a few bits of pipe together.

 

[billyo]

who works for bp then all the major building companys work on 2 / to/5% at most

 

[anobium]

who works for bp then all the major building companys work on 2 / to/5% at most

This may help
BP is one of the world's largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items
Facts and figures:
Turnover 1 $284 billion (year 2007)
Replacement cost profit 2 $17.3 billion (year 2007)
Number of employees 97,600 (at Dec 2007)
Number of shareholders + 1.2 million (at 31 Dec 2007)
Proved reserves 17.8 billion barrels of oil and gas equivalent
Service stations 24,100
Exploration Active in 29 countries
Refineries Interest in 17

The data above is taken from the 2007 Annual Report and Ac

In answer to your point about profit margins in the building industry that may be your experience but we worked on a lot higher margin,OK we didnt always achieve it.
Not much R&D in the building trade or in plumbing for that matter.

 

[megawatt]

Wonder how long it will take Mr Oil to make an appearance?

MW

 

[JohnD]

(He won't)

 

[billyo]

nhs employs more for less

 

[2scoops0406]

Probably not then. I saw some government joker on TV yesterday, decrying the parlous state of the electricity firms pricing, stating there was not enough competition in the market. Absolute rowlocks, services require one albeit well run company (economies of scale, no watchdogs / quangos etc).... Are they all so completely blind, stupid or is it all a bit more sinister than that?

No competition, no regulation the only protection the public would have was the companies in question good intentions. Do you believe in the tooth fairies as well.

There is no competition, they are only accountable to shareholders.

 

[anobium]

nhs employs more for less

Lost me a bit there Billy, whats the point you are trying to make?

 

[2scoops0406]

Probably not then. I saw some government joker on TV yesterday, decrying the parlous state of the electricity firms pricing, stating there was not enough competition in the market. Absolute rowlocks, services require one albeit well run company (economies of scale, no watchdogs / quangos etc).... Are they all so completely blind, stupid or is it all a bit more sinister than that?

No competition, no regulation the only protection the public would have was the companies in question good intentions. Do you believe in the tooth fairies as well.

I don't believe in services being "companies" at all, maybe state owned would have been a better choice of words.