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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!)
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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.)
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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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