Originally Posted by Mr. Flopnuts
I'm ignorant to this compared to you. I admit it. Explain to me if you will how $48 billion dollars in net profit for 1 company of many in this industry is relatively low?
Because the actual dollar amount isn't important. Net profit margin is. The major energy companies make about 8% profit margin, which basically means that they make $0.08 of profit for every dollar of revenue.
I think the young people enjoy it when I "get down," verbally, don't you?