Quote:
Originally posted by Micah Foehammer:
[Phizer:
Revenue $48.371 billions USD (2006)
Net income $19.337 billions USD (2006)
Exxon Mobil:
Revenue: $377.635 Billion USD (2006)
Net income $39.50 Billion USD (2006)
9.86% profit margin
Now tell me who we should be accusing of gouging!
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IMHO , ANYONE who charges enough to turn up BILLIONS in profit should be accused of gouging. I mean realy after taxes and all the bills are paid, the oil industry still turned up 39 BILLION dollars ahead. Profits are all well and good, but there is no need to churn out numbers like that.
It is getting to the point where people can't afford to put gas in the car to get to work ot oil in the tank to heat their homes.
What are they doing with all of thoes billions? They haven't invested in any infrastructure in years so who lives in the mansions while the rest of us work an 80 hour week just to fill up the tank.