On Thu, Jun 19, 2008 at 2:48 PM, Bruce Marshall <[EMAIL PROTECTED]> wrote: > On Thursday 19 June 2008, Bob Hemus wrote: >> I'm not to upset over taxes. Oregon folks are NUTS against taxes and >> their roads show it. My car sounds as if it's roaring on I-5 as soon as >> I cross from California to Oregon. What gets me is the exorbitant >> profits the oil companies are making. > > The profits are big because the business is big... but the percentage profit > to my knowledge is at or below what most businesses make. > > And it costs a bunch to drill and explore so I don't begrudge them what they > make.
Sure, and the costs will continue to rise as it becomes more and more difficult to find oil. We could vear this discussion off into the peak oil debate, but I don't think that will solve much. > > Lets let the govmn't take over the oil companies and then there will be losses > to consider instead of profits. (as shown by the Congressional restaurant > losing 2Mill/yr. Just because the US govt doesn't know how to run a profitable business does not mean that its not possible to do so. All of the OPEC nations run their own oil industries at quite a nice profit. -- ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ L. Friedman [EMAIL PROTECTED] LlamaLand https://netllama.linux-sxs.org _______________________________________________ [email protected] Unsub/Pause/Etc : http://mail.linux-sxs.org/mailman/listinfo/general
