To: Rodney King
Consider that Exxon has earned roughly $10 billion in profit in just the last quarter, and that this quarter's profit are expected to be higher.
I seriously doubt that, even WITH all the red tape, a refinery costs more than $20 billion to build.
67 posted on
09/29/2005 6:32:59 PM PDT by
gogogodzilla
(Raaargh! Raaargh! Crush, Stomp!)
To: gogogodzilla
I seriously doubt that, even WITH all the red tape, a refinery costs more than $20 billion to build. That is totally and completely irrelevant. The fact that Exxon has a lot of money, or makes a lot of money out of different operations, has nothing to do with whether or not it should engage in a long and costly process that will probably result in failure to build, after millions spent on lawyers.
68 posted on
09/29/2005 6:43:19 PM PDT by
Rodney King
(No, we can't all just get along.)
To: gogogodzilla
>Consider that Exxon has earned roughly $10 billion in profit in just the last quarter, and that this quarter's profit are expected to be higher.<
What is their ROI?
69 posted on
09/29/2005 6:59:00 PM PDT by
Blessed
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