Record profits for gas companys

Joseph,

That is ExxonMobil, not Exxon Mobile. It depends what a company's strategy is. As I have explained before, my company is looking to attract high volume while making a low margin, as opposed to attracting a lower volume with a higher margin.

Example:

1) Sell 1000 gallons @ $0.05/gal. net margin = $50

or

2) Sell 500 gallons @ $0.10/gal. net margin = $50

My company chooses strategy 1). Other companies may choose strategy 2). I submit that my company's strategy is better for consumers as you can see in your own pocketbook.

No company is being greedy to try and catch ExxonMobil.

 

I would rank the Pharmaceutical industry as one of the most corrupt industries and far more greedy and dangerous than the oil companies. I do think, however, that the oil companies are very effective at taking advantage of the American people.

 

I would rank the Pharmaceutical industry as one of the most corrupt industries and far more greedy and dangerous than the oil companies. I do think, however, that the oil companies are very effective at taking advantage of the American people. </font>[/QUOTE]I haven't heard much about the corruption of the pharmaceutical industry. Can you fill me in with some examples?

 

Care to try to prove that, or are you satisfied with a mere slur?

 

The oil industry supports more of my
extended family than the Governments do.
I have no problem with the oil companies
making a few bucks.

 

Plus as has been shown, the return that the oil & gas companies get on their capital employed is lower than what lots of other industries earn.

This overemphasis on absolute numbers shows just how poor economic education is in this country.

 

Neal Boortz's take on the oil issue:

LINK

 

More Neal Boortz on this issue:

http://boortz.com/nuze/200510/10312005.html#profits