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Carl Swanson Carl Swanson is offline
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Default Oil chiefs say high prices not our fault

VRWC Destruction Machine wrote:
George Grapman wrote in crayon...

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.

Steve


So why do the companies show record profits?


It doesn't take a genius to figure it out, Curious George. All one has
to have is a pulse.

They have record sales. If a company sold 5 million widgets at 10
cents on the dollar one year and they sold 10 million widgets at 10
cents on the dollar the next year. Will they show a record profit the
second year?



http://www.sfgate.com/cgi-bin/articl.../BUD3VSBR6.DTL

Specifically, state residents bought 1 percent less gas last year, but
California's rate of gas consumption has now fallen for two years in a
row, something that almost never happens outside a serious recession.
Sales tracked by the state Board of Equalization dropped 0.7 percent in
2006.

It's time to ask yourself, "Are you smarter than a 5th grader",
Curious George?

I think not.