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.
graywolf
http://www.graywolfphoto.com
http://webpages.charter.net/graywolf
"Idiot Proof" <==> "Expert Proof"
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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.