[purpleraine]

When the oil company made a record profit in the billions and someone ways, yeh, but their profit margin is only 8%, they are trying to excuse something that is obscene.

Record profits come from record escalation of prices, during a war no less. Previously it would be during a hurricaine or when ever some dictator farted. Please don't give me that freee market crap.

[Las Vegas Ron]

You obviously have no clue how a business runs nor do you realize who the real people are that profit from "Big Oil" earnings..

Ever hear of stock holders, pension funds, firefighter, teachers retirements, mutual funds, people who invested so that they could retire in some semblance of comfort not relying on taxpayers (i.e. you and me)

And don't even get me started on how much the government collected. Learn some economics before you spew dem talking points.

[Las Vegas Ron]

PS When working with profit margins, profits do not come from an escalation in prices, they come from escalation in production and total revenues from total volume sold.

Wartime or not. As an aside, the smallest percentage of profits oil companies make come from gas sales and in the US. 70% is international and from other products produced from oil. Like those plastic keys you're typing on.

[Dr.Deth]

When the oil company made a record profit in the billions and someone ways, yeh, but their profit margin is only 8%, they are trying to excuse something that is obscene.

Record profits come from record escalation of prices, during a war no less. Previously it would be during a hurricaine or when ever some dictator farted. Please don't give me that freee market crap.

[dragnet2]

Please don't give me that freee market crap.

lol...I've heard every excuse in the book for rising prices of fuel. Some you wouldn't believe.