Thread: gas prices
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Old 09-24-2018, 09:46 AM
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Sashi Sashi is offline
 
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Quote:
Originally Posted by Sundancefisher View Post
What fair profit margin should we use as a floor for initiating boycotts?

Exxon. Profit margin 5.53%. https://www.bloomberg.com/quote/XOM:US

Suncor/Petro Canada. Profit margin 9.41%. https://www.bloomberg.com/quote/SU:CN

Shell. profit margin. 6.23%. https://www.bloomberg.com/quote/RDSA:NA

McDonalds. Profit margin 27.95%. https://www.bloomberg.com/quote/MCD:US

Home Depot. Profit margin 11.51%. https://www.bloomberg.com/quote/HD:US

Johnson & Johnson. Profit margin 18.98%. https://www.bloomberg.com/quote/JNJ:US

Pfizer. Profit margin 28.75%. https://www.bloomberg.com/quote/PFE:US

CN Rail. Profit margin 36.08%. https://www.bloomberg.com/quote/CNR:CN

And you believe their malarkey? I just drive down the street and and look at the gas prices. The majors all go up the same amount at the same time. A refinery in the states does some maintenance, our prices go up, the American prices remain constant. But if you wish to bury your head in the sand and say all is well then , so be it.
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