Where do you get those figures from? My understanding is that they are making the highest percentage of profit to gross right now of anytime since WWII.

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Doug Franklin wrote:
Paul Stenquist wrote:
Um, the oil companies can easily sell gas for far less than they're currently getting. Exxon profits are in the billion plus per quarter range. They will make the sacrifice when called upon.

Their gross and net margins are flat. They're simply selling more product, and the flat percentage markup on a higher cost product results in more dollars gross and net.


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