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Old 08-02-2008, 03:44 PM   #11
sleepyjeff
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Join Date: Jan 2005
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Quote:
Originally Posted by scaeagles View Post
In 2007, Exxon earned a 7.6% profit margin. ....
7.6% is not a big profit margin. I really fail to see how eliminating all of their profits on the sale of gasoline would do much anyway. It's about 9 cents a gallon. Yes, everyone uses it and it certainly affects the price of everything else. But the oil companies are not the bad guys for making 9 cents a gallon.

..... Meanwhile, everyone will continue to whine and Congress will threaten to sue OPEC and Pelosi and company will shut down debate on the issue becase they are on the unpopular side.

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