Defending the Indefensible
http://www.nydailynews.com/opinions/2011/05/11/2011-05-11_in_defense_of_big_oil_the_truth_about_those_huge_hated_earnings_numbers.html
Yet oil companies' profit margins - that is, the percentage by which their revenues exceed their costs - are quite low. (How do they survive)From 2006 to 2010, the nation's five largest oil companies posted an average profit margin of 6.65%. By contrast, Apple's profit margin exceeded 22%, and Coca-Cola's surpassed 33%.
It doesn't matter what the percentage is...... The percentage is irrelevant. Exxon made $10,700,000,000.00 in 4 months pure PROFIT. 10 Billion dollars is 10 billion dollars. No other company makes that much profit. It is a crime. You don't have to buy Coke and you don't have to buy Apple. You have to buy oil and you buy it in everything you purchase. The lettuce at the super market. The shirt at the mall. Everything is effected by the price of oil. So when they are robbing the you they are doing it over and over and over. There is no way to escape. This crime effects everyone and everything, and It is happening for no reason except greed. All the excuses given are nonsense. It is world wide robbery and it is disgusting. The only thing worse then the crime is this jerk off (From George Mason University) trying to defend it.
Yet oil companies' profit margins - that is, the percentage by which their revenues exceed their costs - are quite low. (How do they survive)From 2006 to 2010, the nation's five largest oil companies posted an average profit margin of 6.65%. By contrast, Apple's profit margin exceeded 22%, and Coca-Cola's surpassed 33%.
It doesn't matter what the percentage is...... The percentage is irrelevant. Exxon made $10,700,000,000.00 in 4 months pure PROFIT. 10 Billion dollars is 10 billion dollars. No other company makes that much profit. It is a crime. You don't have to buy Coke and you don't have to buy Apple. You have to buy oil and you buy it in everything you purchase. The lettuce at the super market. The shirt at the mall. Everything is effected by the price of oil. So when they are robbing the you they are doing it over and over and over. There is no way to escape. This crime effects everyone and everything, and It is happening for no reason except greed. All the excuses given are nonsense. It is world wide robbery and it is disgusting. The only thing worse then the crime is this jerk off (From George Mason University) trying to defend it.
posted by res17 at
May 11, 2011
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home