Forum Discussion
noteven
Apr 04, 2013Explorer III
AO_hitech wrote:LindsayRichards wrote:
Oil companies make a lower profit than the Fortune 500 average...If you think they are making so much, they are publicly traded and you can bet your 401k on them. Your best weapon is to educate yourself and others.
Right... It doesn't take ANY WHERE NEAR $90 to "produce" a barrel of oil. Not even close. They are making a HUGE profit from oil. HUGE.
Being publicly traded doesn't mean I would share in the profits like "they" do.
As a "north American" my birthright is cheap food, cheap heat, cheap a/c, and cheap gas to haul my fat a$$ about the country. So there.
By the way, what does it cost to product a barrel of oil?
Retail pump diesel $4.46 a US gallon in our town.
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