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Old 05-21-2008, 12:51 PM   #661
Donger Donger is offline
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Quote:
Originally Posted by Deberg_1990 View Post
J. Stephen Simon, executive vice president of Exxon Mobil Corp., said profits have been huge "in absolute terms" but must be viewed in the context of the massive scale of the industry." He also said high earnings are needed "in the current up cycle" to pay for investments in the long term when profits will be down


http://www.breitbart.com/article.php...show_article=1
It really isn't his fault that even some members of Congress aren't familiar with the concept of profit margin.
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