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Old 10-11-2012, 10:18 PM
Roger Roger is offline
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Join Date: Dec 1999
Location: McMurray, PA
Posts: 5,805
Quote:
Originally Posted by yardworkswi View Post
.... Its no coincidence that when a pres and vp that came from the oil company get in office that prices skyrocket and oil companies have record profits. ....
Whoa! Profit margins of the oil companies are way down the list, something like 30th or 40th as an industry sector. The "high profits" mantra is a talking point that has no legs. Meanwhile, the companies that we love, such as Apple, have very high profit margins, and I hear nobody complaining about them.
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