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To: Eagles Talon IV

Good point.

I'm anxious to hear oil company execs point out the difference between their "excessive" profit margins of around 12%, and say, Microsoft's recently-announced 34%.


34 posted on 11/09/2005 7:53:55 AM PST by Redbob
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To: Redbob

Info I saw on MSNBC about a week ago showed oil company profits at between 7-11% of gross income. It is, as you say, much lower then many other businesses generate.


72 posted on 11/09/2005 9:53:26 AM PST by Eagles Talon IV (Still waiting for the)
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