Just looking at the numbers given in the story, gross revenues were $49.7 billion versus $34.7 billion for the same quarter last year, an increase of about 40%, while net profit was reported as having increased 89%. So their profit margin seems to have increased significantly. Doesn't necessarily mean they're price-gouging, but it certainly sounds fishy on the face of it.
On 10/26/05, Christopher McCann <[EMAIL PROTECTED]> wrote: > Replying to myself...I was thinking about this over > lunch...I wonder what their revenue to profit ratio > was before and what it is now...if it's the same, then > it wouldn't be gouging... > > Chris > > --- Christopher McCann <[EMAIL PROTECTED]> wrote: > > > > http://news.yahoo.com/s/nm/20051026/bs_nm/energy_conocophillips_earns_dc_4 Alex Chamberlain '87 300D Turbo
