"George" George@least writes:

Oil companies are making more or less the same per cent profit as always per
barrel, but if the price goes up, the total dollars do as well, enabling the
press to state that their profits are "at record levels."

I've not done this, but I bet if someone calculated the percentage of
profit versus revenue that the oil companies are making a higher
percentage these days.

Any company that doesn't have higher profits year after year isn't keeping
up with the yearly growth in the economy.

Brian Elfert