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To: catfish1957
This individual is correct, the profit margin on gasoline is 8%.

Up thread it was 10%, which was yesterday, down to 8% today. A 2% drop overnight, hence my problem with his statement.

If you do want to look for villans, try OPEC first, whod directly through actions controls a lot of what the price of a bbl of oil is.

I have no problem with that. Thus far, not a part of the discussion, thanks for bringing it up.

Second, blame your government. Gasoline on a percentage basis, is the most taxed commodity there is.

Another point not in contention.

Third, how would you feel if the governemnt told you to bank at a financial institute that pays 5%, when you could get 7% down the road. This is basically what you are suggesting by imposing a windfall or profits surcharge to the Oil Companies

I've said nor suggested any such thing. It's the Greed exposed for what it is, which is my only contention, and there is nothing Conservative about it, never has been, never will be. It may be one of those 21st Century RATpublican traits (forgeting for the moment the RAT's calling the 80's the decade of Greed), but I'll have no part of it being consigned to Conservatives.

All that will be gained from this is a return to a RAT majority for the forseeable future but the RATpublican's have ignored that warning for the last couple of years. Blackbird.

127 posted on 07/24/2007 10:00:10 PM PDT by BlackbirdSST (I'm dug in, giving no more ground to the rino stampede. BB)
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To: BlackbirdSST

You still have yet to explain how a principle that is the basis for all business, making a profit, is greed. I doubt you and your severely lacking set of cognitive skills can pull that one off.

Are you a government or union employee?


128 posted on 07/25/2007 4:50:09 AM PDT by Clam Digger
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