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  1. #1
    Keeping the Ahh in Kajira
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    What data? I see no data to support that they are not.

    If any thing I see them (big oil and coal) pulling in reccord profits, while the costs to the consummers does nothing but rise until eaither the government steps in or the people simpley cant afford to buy anymore and then and only then do they relinquish thier strangle hold.
    Last edited by denuseri; 02-21-2010 at 12:05 PM.
    When love beckons to you, follow him,Though his ways are hard and steep. And when his wings enfold you yield to him, Though the sword hidden among his pinions may wound thee
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  2. #2
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    Oil company profits: A perspective
    Earnings, Revenues, Profits (Billions) for selected companies, recent quarter, 2005
    Source: Bloomberg News, reported in AAPG Explorer Dec. 2005
    Company Net Profit Revenue Profit Margin
    Citigroup (banking) $7.1 $21.5 33%
    Microsoft $3.1 $9.7 32%
    Coca-Cola $1.3 $6.0 21%
    Procter & Gamble $2.0 $14.8 14%
    General Electric $4.7 $41.6 11%
    ExxonMobil $9.9 $92.6 11%
    ConocoPhillips $3.8 $48.7 8%
    IBM $1.5 $21.5 7%
    Chevron $3.6 $51.1 7%
    Wal-Mart $2.8 $76.8 4%
    Oil industry average profit margin is about 8.2%; (3rd Q. '05)
    for all US industry, the average is about 6.8%.
    Profits in the oil industry were easily outpaced by those of the
    Pharmaceuticals, Banks, Household Products, Software, Telecommunications,
    Semiconductors, Consumer Services, and Food, Beverage and Tobacco sectors.


    Quote Originally Posted by denuseri View Post
    What data? I see no data to support that they are not.

    If any thing I see them (big oil and coal) pulling in reccord profits, while the costs to the consummers does nothing but rise until eaither the government steps in or the people simpley cant afford to buy anymore and then and only then do they relinquish thier strangle hold.

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