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Old 05-14-2007, 06:55 AM   #224
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Quote:
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.
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%
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