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why does congress want to look into"spygate"?

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Old 05-09-2008, 11:10 AM   #28
firstdown
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Re: why does congress want to look into"spygate"?

Quote:
Originally Posted by Giantone View Post
Hold hearings on why were paying $4 dollars for gas and EXXON has a 10 BILLON dollar profit...........for a fricking quarter! Profit ...thats after they pay for drilling,taxes and exploration!
Its called profit margin. They make about 8 cents on every dollar they spend. So if they spent $1 for a gallon of gas in 2000 they made 8 cents now if they spend $2 they make .16 cents. Their profit margin has not changed.
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