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Originally Posted by Saggysack
I don't care about other industries profit margin, mmmkay?. Maybe you didn't understand that in my previous post. No other industry has such a negative effect on the economy than the oil industry with rising prices.
They have a long ways to go before they sell it below cost. About 125B worth before they hit that point from last year alone.
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Well, you should. How else can you judge the oil companies relative to other industries?
And, if you cared about profit margin, you'd know that, no, they don't have a long ways to go before they sell it below cost. Only about 10%