"George Grapman" wrote in message
. net...
wrote:
On Wed, 2 Apr 2008 09:42:25 -0800, "SteveB"
wrote:

The oil companies make 8 cents a gallon. Various governments tax it
over a dollar a gallon. Do the math, you ****ing genius.


Bull****

http://www.gaspricewatch.com/usgastaxes.asp


http://www.sfgate.com/cgi-bin/articl.../MNU7VU217.DTL



The oil company executives contended that their record profits last year
were in line with other industries, noting that oil and gas companies
earned an average of 8.3 cents per dollar of sales, compared with 7.8
cents per dollar for the Dow Jones average.


the story is sadly lacking in analysis. for example, is that 8.3 cents the
net profit? let's say it is. what was the net a year ago? two years ago?

I am guessing but confident that the oil company net has no where near
increased at the rate that the retail price of gasoline has, or more
accurately, at the rate that the cost of a barrel of oil has.



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