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To: ChurtleDawg
Ah. Math impaired?

Exxon Mobil's profits of $10 billion are the result of investing 90+ billion to make that money in that same time frame. The profit margin is some 8 to 10% (in a good year).

Double Expenses, and they SHUT DOWN because there is no profit.

63 posted on 05/30/2010 12:16:13 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Smokin' Joe

I don’t think being prepared with an extra relief well (in deep water well situations) would double their expenses.


68 posted on 05/30/2010 1:08:54 PM PDT by ChurtleDawg (voting only encourages them)
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