Time to boycott Shell - They have announced £13.9 Billion Annual Profits - HotUKDeals
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Time to boycott Shell - They have announced £13.9 Billion Annual Profits

Money Spinning Avatar
8y, 10m agoPosted 8 years, 10 months ago
Whilst us drivers are suffering absolutely horrendous petrol prices Fuel giant Shell rub our noses in it by announcing soaring profits, the largest ever profit recorded by any company I believe.

Time to boycott these jokers, if you usually fill up at a Shell garage try to find an alternative, if enough people do so it will force prices down across all filling stations.
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Money Spinning Avatar
8y, 10m agoPosted 8 years, 10 months ago
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#1
The government take the lions share in the price of petrol(Duty & V.A.T), why boycott Shell?
#2
They have not made this profit from selling petrol in the UK.

http://www.clv101.plus.com/vt/cv_petrol_price.gif
#3
Their profits are obscene!!!!
#4
why most billionaires are oilers...
#5
Should be a nice divi coming through then!
#6
You will never reduce the amount the government takes but making profits like that despite what the government takes means Shell could still afford to cut the price
#7
Leila70
You will never reduce the amount the government takes but making profits like that despite what the government takes means Shell could still afford to cut the price



At the expense of how many jobs?
#8
why boycott Shell?


Because by boycotting one it will have an impact on all of the others as a price war would start, Shell seems a good place to start as they have made such obscene profits.

Their profits are nearly £2 Million for every minute they trade.
banned#9
So its ok for the government to tax petrol at a rate of 200% but not for the company that actually does the work to make 10p a litre profit?

I wouldnt mind if the government spent the tax on something worthwhile rather than on invading other countries, giving it to corrupt african leaders, nuclear powers and countries with a space programme!

Dont forget shell will pay about £4,000,000,000 in tax. That should fill the coffers ready for Iran ;)

I really do have to stop being so cynical ;-)
#10
Money Spinning
Because by boycotting one it will have an impact on all of the others as a price war would start, Shell seems a good place to start as they have made such obscene profits.

Their profits are nearly £2 Million for every minute they trade.


I say the same to you:

At the expense of how many jobs?
#11
Have you stopped to ask if this is gross profit or net profit ?

How much have they invested to recoup this level of money??

If I had a product that I knew wouldn't last that long, but was wanted all over the world in such demand, I know I'd sure as hell make what I could from it. In fifty years or so from now Shell will still exist, but they won't have any petrol to sell !!
#12
Money Spinning;1527699
Because by boycotting one it will have an impact on all of the others as a price war would start, Shell seems a good place to start as they have made such obscene profits.

Their profits are nearly £2 Million for every minute they trade.


So you want to boycott a business because it is successful, we will boycott tesco's too for you as they made a profit this year too i believe and any other companies made a profit you have taken a dislike too Mr Essso? They charge what is both inline with other companies offering the same products and what the market will pay but only after tax and duty has been taken out.

If you think their mark up is too much you should see our local run stations prices went past today and its 107.9 for unleaded and 115.4 for diesel now tell me would you still boycot Shell and fill up there????
banned#13
Money Spinning;1527699
Because by boycotting one it will have an impact on all of the others as a price war would start, Shell seems a good place to start as they have made such obscene profits.

Their profits are nearly £2 Million for every minute they trade.


Most Shell stations are franchisees run by individuals like you and me. Shell sell their fuel to supermarkets too so thats a better option although still a daft idea.

Best thing is to write or email your MP saying you will vote for the opposition if tax on fuel isnt reduced. They covet their gravy train too much not to react if each MP received thousands of emails from their constituents.

Remember that tax on fuel is going up by 2p again in April. It'll soon be £5 a gallon. Cheers Gordon :thumbsup:

Complain to your MP here:-

http://www.writetothem.com/
#14
So you want to boycott a business because it is successful


Nope, not just because it's successful, but because the only way of having a say against the price of petrol is to boycott one of the big players and as Shell are biggest it would have the biggest impact.
banned#15
Money Spinning;1527699

Their profits are nearly £2 Million for every minute they trade.


Dont just make up figures. £2million per minute is over £1050billion a year!

I'd even be moaning about their profits then! :whistling:
#16
csiman
Dont just make up figures. £2million per minute is over £1050million a year!

I'd even be moaning about their profits then! :whistling:


Start moaning then! - I said £13.9 Billion profits for one year, not £13.9 Million!
banned#17
Money Spinning;1527799
Start moaning then! - I said £13.9 Billion profits for one year, not £13.9 Million!

You said £2miilion per minute. Thats £1050 Billion a year!

yes - I made a typo and should have said billion rather than million. Whereas you are just making figures up.
#18
It's more than £1.5 Million per hour not minute, my mistake, still horrendous though :giggle:
#19
grow up.

Shell dosn't make the profit from the garages but from wholesale of oil from oil fields.

This price is not in there immediate control...various factors come into play.

Eg Opec...how much oil should the middle eastern companies put on the market, if they decide to reduce this qty the price goes up, if they decide to produce more the price goes down.

Shell is linked and tied to this market reaction. The middle eastern countries realised years ago that oil is a resource that could not go on for ever..oil fields dry up. Therefore it was in there own interest to generate as much revenue as the fields would produce.

They do this by pure simple ecconomics...drip feeding the world markets,

Add to this that china and india are now booming ecconomies with an increased appettite for oil (for fuel and plastics) means that demand is higher than ever....hence HIGH oil prices!

FACT
#20
Majority of profit made by Shell is as Shell refineries i.e. the company that gets it out the ground, refines it and sells it on to others i.e. Shell (and other branded) forecourts etc. The amount of profit from the 36pence odd Shell forecourts get for each litre sold is down into single digits pencewise once all the oppex costs are taken out of it.


Edit: previous poster summed it up better :)
#21
thesaint
At the expense of how many jobs?


In an ideal world there wouldn't be any as no one or no company needs profits like that. Unfortunately the world is filled with greed and not just at the top level, we are all guilty in our own wee way.
#22
friend works for shell and they said profits were so bad he had to pay them £70 to go to his works christmas meal.

he didn't go and neither did most of his collegues.
they certainly don't like sharing their good fortune with employees.
#23
Leila70
In an ideal world there wouldn't be any as no one or no company needs profits like that. Unfortunately the world is filled with greed and not just at the top level, we are all guilty in our own wee way.


We don't live in an ideal world. :)
#24
OP, could you please recommend an alternative garage that we can all go to that isn't supplied by a company that is making a huge profit, cos I'd hate to be supporting such capatalist swines? Ta muchly. :)
#25
kyalion;1527732
Have you stopped to ask if this is gross profit or net profit ?

How much have they invested to recoup this level of money??

If I had a product that I knew wouldn't last that long, but was wanted all over the world in such demand, I know I'd sure as hell make what I could from it. In fifty years or so from now Shell will still exist, but they won't have any petrol to sell !!


That's pretty much it, Shell are a huge company to put the 'huge' profit into perspective - while the profits may seem obscene, much of that is going to be invested straight back into the company which is essential for the company to survive as oil is not endless and t's going to be come more difficult to extract.

The real killer on the forecourt price is the Government tax, that's what should be protested as the money from there doesn't seem to come back anywhere near transport.

John
#26
the government want us to avoid personal transport.
;-)
If everyone were to avoid using transport as much as possible i think government would go bankrupt.
1 Like #27
nightswimmer
OP, could you please recommend an alternative garage that we can all go to that isn't supplied by a company that is making a huge profit, cos I'd hate to be supporting such capatalist swines? Ta muchly. :)


I use [url]www.petrolprices.com[/url] to find petrol stations in my area (near home/work) with the lowest petrol cost. Prices can vary between highest and lowest by 8p to 10p sometimes, giving you a saving of £5 a tank (if you have a 55lt tank!)

Doesn't help your predicament thoug - nearly all are supplied by Shell, BP or Esso - all making HUGE profits. But the government takes the most. b@[email protected]$.
#28
Well i'm not going to get into this one but guess which petrol station is CONSISTENTLY cheaper than all the rest around here? Oh sod it, I won't make you guess, its SHELL.

Edit: And the most expensive is Texaco ;-)
#29
Shells profits from UK petrol and diesel sales were relatively small. Most of their profits came from other divisions of the shell corporation. The exploration arm made huge steps this year but is a very risky business requiring huge investments that have paid off. Next year might not be so lucrative. Shell will reinvest more profits than most African countries GDP's.

It’s Gordon Brown and his friends that are doing the damage.

You may well find in years to come that the profits to be had from the UK petrofuel sales is not worth the investment that you may find the likes of shell and the other big players pull from the market when there are better profits to be had elsewhere.
1 Like #30
PapaSmurf
I use [url]www.petrolprices.com[/url]


Thank you :)

Shengis
Well i'm not going to get into this one but guess which petrol station is CONSISTENTLY cheaper than all the rest around here? Oh sod it, I won't make you guess, its SHELL.


So what you're saying is, in order to start a petrol price war that will act as a protest against Shell's obscene profits, and a way to force them to reduce their prices, we have to buy more petrol from Shell?

Surreal subversism. I like it! :thumbsup:
#31
The best way to respond to high fuel prices is to use less fuel. Shell's record profits are less to do with UK petrol pricing than their management of crude oil reserves. Buy a fuel efficient car. Drive slowly. Use alternatives when practical. All oil companies are venal - Shell is no different from the others.
#32
nightswimmer
Surreal subversism. I like it! :thumbsup:


:lol:

Bertt
The best way to respond to high fuel prices is to use less fuel. Shell's record profits are less to do with UK petrol pricing than their management of crude oil reserves. Buy a fuel efficient car. Drive slowly. Use alternatives when practical. All oil companies are venal - Shell is no different from the others.


And turn into a pinko commie tree hugger, no thanks ;-)

Joking aside I rarely drive anymore, even though I love driving, loud music, chucking it about like i'm on the old Lombard RAC.... I actually NEED my Aldi jump starter most times to start the car. Shows how much use it gets :-(
#33
Well if you want to save money and make shell invest more of their money back into research and get your own back on Gordon Brown and friends oh and save the world. Go LPG!

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