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To: purpleraine
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.

31 posted on 07/31/2008 11:13:23 AM PDT by Las Vegas Ron (Election '08, the year McCain defined the word "dilemma")
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To: Las Vegas Ron

BS on your 31. Profits do come from increasing prices if you increase the prices more than needed to meet costs and production. That’s exactly what’s happening everytime there’s a situation I mentioned earlier. When you made record profits over the hardship of others and you’re running a monopoly on required commidities, you’re gouging plain and simple. There’s a worse word for it, but what’s the point.


35 posted on 07/31/2008 1:42:17 PM PDT by purpleraine
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