Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 04-27-2007, 03:30 PM   #115
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Quote:
Originally Posted by Slick32
I can partially understand what you said but what kills any credibility regarding that is the fact regarding the excessive, or obscene, profits they have seen over the past year. With the profits margin over the expected profits they can pay for a new refinery with the money they made from that one quarter. $39 B is one hefty excessive profit. Granted the upper management probably got $15 B to share.
Could they? Sure. Will they? Probably not.

Here's a good explanation: http://www.gasandoil.com/goc/news/ntn12966.htm
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