Thread: Affording Fuel
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posted to rec.boats
JimH
 
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Default Affording Fuel


"Fred Dehl" wrote in message
...
jps wrote in
:

I've had one hell of a time justifying the expense of fuel and,
consequently, over the last year our boat has been out very little.

Now I come to find that Exxon, Chevron and Halliburton have made more
money this past year than at any time in history and our rate of savings
hasn't been this low since 1933.


Exxon's profit margin (net income divided by revenue) is 8.4%:

http://finance.yahoo.com/q/is?s=XOM&annual

Knight-Ridder's profit margin is 10.8%:

http://finance.yahoo.com/q/is?s=KRI&annual

Where is your rant against The Obscene Profits Of Big Media?


A 10.8% profit is obscene?

How about 27% for Exxon Mobil (this following a 75% increase in 2005 3rd
quarter) and 51% for ConocoPhillips?

Got gas?