Stlhd, is what you are right?
Try and stay focused I know it' s hard with a topic you have no concept of. Your accusation was that the oil companies were raping the consumers. I posted info that stated that profit marigins were flat on a 5 and 10 year avg. and lower than many major retail industries. You asked for a link I gave it and it supprts what I posted. It's even from a different source than the one I used because my investment info is not online.
That site shows this ( this is the important part so read slow)
·
Sales & Income Growth (past 12 months) Company Industry
Sales Growth 7.50% 10.70%
Income Growth 21.10% -5.10%
· CHEVRONTEXACO CORP one-year net profit margin: 6.8%
Difference from the company's 5-year average net profit margin: 2.0 pct. pts.
Difference from the average for the Major Integrated Oil & Gas group: 0.3 pct. pts.
Net profit margins (%)
Company 6.8%
Company 5-Yr Avg. 4.8%
Industry 6.5%
In summary
That the industry 5 year avg profit margin is 6.5%
that the industry income growth on a 5 year avg. is-5%
That the sales are up 10.7%
All added up does not point to any raping of the consumer.
So continue to change the subject and balather about gallons vs barrels and continue to show your ignorance in financial matters in fact and by your support of programs pushed by the DNC of which you have no hope of understanding before the election if at all.
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Liberalism is a mental illness!