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To: indianrightwinger
You would have to be an economic moron to not recognize that when prices go up and most of your 'profit' comes from a percentage of the sale that retailers would be reporting the highest profits ever. More pennies per gallon sold will usually result in more profits. If I could double my sales, my profits would soar, but nothing would have changed. My percentage of profit would remain the same, I'd just be going past my costs a lot further.

But you have to be brain dead to ignore that these are also producers of oil. If your costs to produce a barrel of oil remain virtually the same and folks pay a heck of a lot more per barrel, you're going to make more money.

So what we have here is Democrats who are looking for another scandal to hang on the White House door after their Scooter ran out of gas and that lady in the ditch didn't pan out (they didn't even get the memo, either.)

That's just plain sad.

Oh, and since a lot of states collect sales taxes based upon the retail price of gasoline, how many of these outstanding leaders advocating that the states refund to their citizens the outrageous profits they made off of skyrocketing gasoline prices?

Anyone?

Anyone?

Gosh, how quickly they scatter.
10 posted on 11/16/2005 11:37:08 PM PST by kingu (Draft Fmr Senator Fred Thompson for '08.)
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To: kingu
after their Scooter ran out of gas

LOL!! This just simply cracked me up!
12 posted on 11/16/2005 11:48:13 PM PST by indianrightwinger
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