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Old 02-19-2008 | 11:36 AM
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CPOonfinal
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Originally Posted by ewrbasedpilot
When oil companies are raking in $40 BILLION in profits for a quarter, something is definitely wrong with the picture.
Oil companies only make 10% profit on thier product. You'll be hard pressed to find another business that is successful and remains successful making only a 10% profit. The government makes more on a gallon of gas than the "Big Oil" companies. BTW, there have been several congressional investigations into the profits of oil companies and the price of oil and they've never found anything. I want lower priced oil too but I think you're pointing the blame in the wrong direction. Just a recommendation, keep your emotions out of it.

Let's ask ourselves why oil prices have shot up in the last couple of weeks. Do a little research and you'll find the answer resides in South America.....and goes by the name of Chavez.
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