Quote:
Originally Posted by Ken07AOVette
The price per litre, or level of greed per city / town is directly proportionate to how scummy the Company is that is running it. None of them are in business to give us free fuel, they are in it to make Billions. Not millions, Billions. Big B. And they do.
There are numbers supporting this on wikipedia if you want to look  |
I am truly hoping you can provide facts versus innuendo when disparaging companies. Name the scummy company and the yahoo finance link to back up your comment.
Remember profit is proportional to size. McDonalds made $22 billion revenue and $10 billion profits. A mom and pop shop hopefully a few hundred thousand. A 10% profit margin will have a proportionate number of zeros in it as a result.
A reference of size of profit missing the discussion on the market cap of the company doesn't do justice to an interesting debate.
My earlier post above showed profit margin. Which of the three oil companies noted have unfair profits in your opinion? Is there another?