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Dan Krueger
 
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Default Affording Fuel

George F wrote:
"jps" wrote in message
...

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.



10bil profit on revenue of 100bil seems about right to me.


First post here, George? Welcome.

10% is a hefty net profit but it's really about 8.48% (XOM). Compare it
to HD at 6.8% or WAG at 3.7%. Few complain about their prices.

Dan
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