Think Progress

$3 million per minute hour.

By Satyam Khanna on Jan 31st, 2008 at 6:31 pm

$3 million per minute hour.

Royal Dutch Shell “reignited anger over excessive profits today” after revealing it made $27.6 billion in 2007 – “a new record for a UK company.” AmericaBlog notes that this number is the equivalent of $3 million per minute hour.

UPDATE: Commenters have noted that the rate is $3 million per hour, not minute. The correct per minute rate is roughly $51-52K per minute. We regret the initial error.



60 Responses to “$3 million per minute hour.”

  1. Buckie Boy says:

    Obscene profits…pillage and plunder all of us under.

    Buck Fush


  2. whatevah says:

    obscene is an understatement.


  3. bilbobaggins says:

    And they would have you believe that there is absolutely no connection between their obscene profits and the cost of gasoline.

    The American oil companies are making similarly obscene profits and yet we are still giving them tax breaks. We should be taxing the shit out of them rather than giving them tax breaks. They are making obscene profits by plucking the money out of our pockets.


  4. darladoon says:

    uh, hello? don’t blame the oil companies for this.

    blame fat, lazy americans for driving everywhere.

    even to the corner store.

    i don’t own a car, fyi. never have. never will.

    why give these companies easy money?


  5. tom says:

    I wonder if they would like to “sponsor” a war. I’m sure that GDumbya would be happy to put “Shell” in big letters on all the Humvees and helmets.


  6. darladoon says:

    bilbo,

    if you tax the shit out of these companies, they will only raise the price.

    get a clue, dude.

    gas should go as high as possible, to dissuade fat, lazy americans from driving at all.

    in europe, gas is around $5 a gallon.


  7. Nevar says:

    Hi darla, that’s right, you skid to work on your slippery elm sandals……


  8. Xisithrus says:

    gas should go as high as possible, to dissuade fat, lazy americans from driving at all. -DD

    So a fat lazy oily CEO can collect a 400 million dollar bonus?


  9. Buckie Boy says:

    I think that maybe countries should start thinking about taking over the energy sectors and taking it away from the masters of greed. The oil here is all our oil, not the companies making obscene profits from them. Some form of regulation should be in order here. The speculators are destroying the economy to make a quick buck.

    Make the oil companies publicly owned.

    Buck Fush


  10. skylock says:

    AmericaBlog was also corrected in their coments section that it is not $3 million per minute, but $3 million per hour.

    It’s like $52,000 per minute. This is still completely obscene, but at least it’s correct.


  11. Xisithrus says:

    Lets raise the price of a McDonalds hamburger to 300 bucks so we wont have fat lazy poor people just wealthy lazy fat people who can afford heart surgery when the cholesterol clogs their lazy fat hearts.


  12. darladoon says:

    So a fat lazy oily CEO can collect a 400 million dollar bonus?

    what, and 400 million dollars means this guy is happy?

    i’ll bet you anything he’s bored, depressed, anxious.

    i’ll bet you he cheats on his wife, too.

    if you think for a minute that i care about some corpulent, rich CEO…..then you should reconsider my original post:

    americans are CAUSING the oil companies to get rich.

    just think for a minute where your compter was made.

    that should solve this confusion…..


  13. Leftside Annie says:

    What an obscenity!!


  14. Nevar says:

    that should solve this confusion…..

    Comment by darladoon

    You are propounding an excellent point, darla,
    yet your perspective is very narrow.

    Isn’t there something in your potpourri jar you could take to expand your awareness?


  15. RUCerious says:

    And these are profits, not sales…

    Yikes. Hopefully, the next administration can begin the SERIOUS work of getting research and development of alternative fuels into our reality.
    Where’s my hydrogen filling station pump?


  16. Nevar says:

    Royal Dutch Shell is one of the most severe oil companies exploiting Africa and it’s people.
    Drilling, pumping and destroying the environment at a phenomenal pace, while supporting the brutal police state regimes of the countries they operate in.


  17. zol says:

    I’m pretty sure it’s per hour, not per minute.

    $27,600,000,000 / (24)(365) = $3,150,684.93


  18. had enough says:

    Will it be too late when the masses wake up and see the robbery of our treasury by multinational corporations… the robbery made possible by distractions from MSM and the fear mongering of the Bush Crime Family?


  19. Starve-A-Bush_Feed-A-Beaver says:

    I’d be happy with about 10 seconds of that.


  20. Dreary Urbanite says:

    What would this number be if we weren’t occupying a major oil producing country and threatening a couple of others?


  21. darladoon says:

    Drilling, pumping and destroying the environment at a phenomenal pace, while supporting the brutal police state regimes of the countries they operate in.

    and yet you, yourself, an american i presume, use more of the shit than anyone else on earth.

    gee, what’ll you do about it?


  22. darladoon says:

    i think each bangledeshi consumes 1/40 of what an american consumes.

    and, hey, for all you pseudo-liberals who want to learn why you can never trust that oil companies do good, honest work…..i suggest you see the noble film, ‘there will be blood’.

    it’s a nasty business, folks, always has been. it’s a filthy, disgusting, dangerous, and awful business.

    and we all support it, by being who we are: americans.


  23. DaveRywall says:

    Duh

    27,600,000,000 divided by (60 min x 24 hours x 635 days) = $52,500 per minute.


  24. DaveRywall says:

  25. gummitch says:

    and yet you, yourself, an american i presume, use more of the shit than anyone else on earth.

    gee, what’ll you do about it?

    Comment by darladoon — January 31, 2008 @ 7:24 pm

    Me? Little ol’ me? I use less of the shit than most; I ride the bus.


  26. Doc Rock says:

    That’s a huge chunk of Cheney!


  27. williamf says:

    Precisely the case! Exxon, our alleged red, white, and blue company is really screwing us! How do they do it and not have problems sleeping at night? Where is our great little (born in Connecticut but I is from Texas) lying President when the average folks need him??????


  28. darladoon says:

    Me? Little ol’ me? I use less of the shit than most; I ride the bus.

    and where do your groceries, clothes, toiletries, shower curtains, couches, chairs, dishwashers, driers, etc come from?

    where do you shop? eat? hang out?

    got any kids? friends?

    everyone, and i mean everyone, is guilty of this, i’m sorry.


  29. darladoon says:

    i challenge all of you spoiled liberals to (seriously) try walking EVERYWHERE this year. seriously, try it.

    cuz that’s pretty much the most truly liberal (i.e. conscious, aware, humane, rational, logical) thing you could possibly do. for your children. for your mentors. for your brothers and sisters. for all of us.


  30. darladoon says:

    we’re all gonna die. and it will be biblical. trust me.

    and what is causing it?

    cars.

    serious.

    cars.

    trucks.

    planes.

    buses.

    seriously.

    trust me.


  31. bilbobaggins says:

    i don’t own a car, fyi. never have. never will.
    why give these companies easy money?
    Comment by darladoon

    A new troll on the block seems to think that everyone can get along without a car in America. Unfortunately, if you don’t live in a major city with public transportation, it is impossible to get along without a car. Why is it that the trolls seem to think that everything that happens to us is all our fault, it can never be happening because of the greedy corporations that now own our government.


  32. bilbobaggins says:

    Boy darladoon is an off the rails new troll. Where do they find these nuts?


  33. Mr. Ed says:

    For a different perspective how about this … because of the raising cost of food due to higher energy costs people in Haiti are having to resort to eating mud, yes that’s mud, pies. The story from mnsbc is at , Haiti’s poor resort to eating mud as prices rise.


  34. gummitch says:

    Boy darladoon is an off the rails new troll. Where do they find these nuts?

    Comment by bilbobaggins — January 31, 2008 @ 8:06 pm

    I’m not sure it’s a new troll. More likely an old troll with a new shtick.


  35. The Republic of Stupidity says:

    More likely an old troll with a new shtick.

    Comment by gummitch — January 31, 2008 @ 8:14 pm

    “darlaloon” has been here before. Same bucket of sh*t, new panhandle…


  36. The Republic of Stupidity says:

    just think for a minute where your compter was made.

    Comment by darladoon — January 31, 2008 @ 6:51 pm

    Uh, ms loon… what’s a “compter”?


  37. ForTruth says:

    That’s chump change.


  38. darladoon says:

    if you don’t live in a major city with public transportation, it is impossible to get along without a car

    and, if gas prices went DOWN, and you just drove happily ever after, all day long, to your boring suburban landscape, and those “greedy corporations” were, well, less greedy, global warming just wouldn’t happen?

    the problem isn’t the government. the problem isn’t the corporations.

    the problem is YOU.


  39. darladoon says:

    impossible to get along without a car, eh?

    i’ve lived all over this country. never owned a car.

    never needed one.

    find me a small town without a bus, and i’ll find you a pope with no hats.


  40. darladoon says:

    Uh, ms loon… what’s a “compter”?

    oh, boy, i guess you “won” that debate!

    now, back to the real debate, pal.

    do you have an argument, or do you want to keep with the spell checking?


  41. darladoon says:

    if you truly are “liberal,” then you would do like the advanced countries of europe: super high gas prices, super high taxes, and a lot of walking and biking. everything is expensive.

    so, serious, you spoiled liberals really need an education if you think the greedy corporations are the reason why everything sucks in this country. the reason everything sucks is because americans are:

    spoiled

    lazy

    and

    spoiled.


  42. The Republic of Stupidity says:

    Geez, ms loon, yer so “right” about everything.

    “Spoiled liberals”… ah yes, the one-size-fits-all, blanket condemnation of a non-existent group of people. It must feel “good”, being so superior, to a all those “spoiled liberals”…


  43. darladoon says:

    so, here’s how it works:

    the “greedy” corporations are the reason why the global mean temperature keeps rising?

    forget the price, for a minute. unless, like most americans, gas is like water for you. if you forget the price per gallon, and think about the effects it has caused, regardless of price, then you begin to see the problem. and then you begin to see the wisdom of bicycles.

    to the guy who says he needs to drive everywhere: i have news for you: you are causing the premature death of my niece and nephew.

    oh, but it’s not your fault, right? it’s those greedy corporations!


  44. The Republic of Stupidity says:

    Calm yerself down, ms loon… yer gittin’ excited.


  45. darladoon says:

    “Spoiled liberals”… ah yes, the one-size-fits-all, blanket condemnation of a non-existent group of people. It must feel “good”, being so superior, to a all those “spoiled liberals”

    well, based on my research, the thinkprogress community is largely made up of white, middle and upper middle class, mostly urban, males, with lots of time on their hands, and lots of disposable income.

    and where do you think that income goes? greedy corporations!

    who are, according to your own words, the core problem with everything.


  46. The Republic of Stupidity says:

    Aww, good God, whattaload of hogwash…

    Your research? The ThinkProgress community?

    Yer crackin’ me up now. You must be tryin’ out fer the 1/2 Hr news Hr.

    Ooops! Too late! It’s already off the air.

    According to my own words?

    I haven’t said that. Yer not makin’ the least bit of sense here.


  47. MapleStreet says:

    Anybody remember a few years ago when Dumbya and the repubs pushed through all sorts of tax advantages for the oil industry because they needed it ?????


  48. The Republic of Stupidity says:

    Oh yeah, MapleStreet.

    Shi-*te, didn’t they just do it again in the last few months, in that big energy bill?


  49. Saint Augustine says:

    darladoon is lucky to not have to have a motor vehicle to travel. I grew up in Baltimore when it had an excellent streetcar system only to see it destroyed to put buses on the streets. It is a shame that we as a nation have let corporate interests push us into autos for our commuter transport.


  50. The Republic of Stupidity says:

    Hmmm… ms loon appears to have caught the bus. Must have had to go to her 2nd job…


  51. darladoon says:

    It is a shame that we as a nation have let corporate interests push us into autos for our commuter transport.

    ah yes, those “corporate interests”, they’re the ones who force me into my SUV, and force me to drive 100 miles a day?

    let me repeat: i have never owned a car. i don’t even take public. i bike or walk.

    steven wright had the greatest one liner in the history of comedy:

    “everywhere is within walking distance if you have the time”


  52. darladoon says:

    it’s funny how i’m called a “loon” when i’m far more “progressive” than almost any thinkprogress member.

    just think about it: i don’t drive. i don’t even take public.

    that’s about as progressive as you can possibly get.

    no carbon emissions for my transpo.


  53. piltdown says:

    Time to repeal the tax breaks for the most profitable companies in the country.

    Tax breaks? In these economic times? For those making the most?

    Pathetic.

    And yet Medicare recipients are being turned away for health care.


  54. daytripper says:

    ah yes, those “corporate interests”, they’re the ones who force me into my SUV, and force me to drive 100 miles a day?

    not entirely innaccurate. suburbia was a deliberate construct of big business. it is no accident that this kind of living forced people into cars.

    it’s funny how i’m called a “loon” when i’m far more “progressive” than almost any thinkprogress member.

    i would say your position is regressive.


  55. darladoon says:

    it is no accident that this kind of living forced people into cars.

    so, “corporate interests” literally pushed and shoved people into cars, against their will?


  56. daytripper says:

    no its more a case of reduced choice.

    during the development of suburban america, big business crushed the mass transit system (trams used to be quite prevalant) and the steered housing further from centres of work. this gave the average joe little choice but to buy a car to travel to work or the store.


  57. cazzie russell says:

    darladoon, i salute your ambulatory prowess, but if you’re entreating people to do likewise in an honest effort to push toward greater environmental awareness, and the tack you take in this push is to scold, condescend and belittle, you might want to consider a new approach because the over/under on anyone listening to you is about a half-minute. … gas in europe is actually closer to $10 a gallon, btw






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