Thread: 109 dollar oil!
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Old 03-15-2008 | 01:55 PM
  #104  
Deez340
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Either way I dont know about you guys but I feel like we are standing on the edge of an abyss of change.

Barack?..... is that you?

Oil companies, like any other company, only wish they could set there own prices. They try but the marketplace ultimately decides what will be charged. Furthermore, the oil companies operate (last I looked) at a margin of about 7%. Much less than most products. Stop watching CNN and go read a good book by a non-emotional economist. I recommend Thomas Sowell.
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