Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: groanup

I believe this discussion has been hashed out pretty well on FR. It is simply that I have gotten to the point that I question any data provided by the oil industry. Call me a skeptic but after the past couple of years I think lying may well be SOP for the oil business.


32 posted on 12/09/2006 9:11:57 AM PST by em2vn
[ Post Reply | Private Reply | To 30 | View Replies ]


To: em2vn
Call me a skeptic but after the past couple of years I think lying may well be SOP for the oil business.

Skepticism is healthy. Fine.

But think about this:

If you are in the business of selling dirt and you sell a million dollars of dirt every year and your profit margin is 10% then you make 100,000 dollars. If the price of world dirt doubles because of strong demand and your sales double because of the price your profit will also double if you maintain your profit margin. Why do you think the oil business is any different?

34 posted on 12/09/2006 10:35:19 AM PST by groanup (Limited government is the answer. Now, what's the question?)
[ Post Reply | Private Reply | To 32 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson