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To: ChurtleDawg
it would take a lot, I mean a lot, of drilling to put a major dent in profits for a major oil company. They have a lot of money.

Lot of gross profits but seems I had read their net profit margin is not that high and under 10%.

55 posted on 05/30/2010 6:08:19 AM PDT by plain talk
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To: plain talk

we are talking like 10 billion per quarter. They can afford some extra precautions when drilling in deep water.


61 posted on 05/30/2010 11:45:57 AM PDT by ChurtleDawg (voting only encourages them)
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