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Originally posted by dave_54
Very true. I wish more people would actually bother to learn something about business before opening their ignorant mouths. $9.92 billion profit on $100.7 billion in revenues is only 9.8% profit -- less than the S&P 500 average of 12.7% and way less than the banking industry average of 20+%. In others words, the oil industry is LESS PROFITABLE than other businesses. Doesn't anyone here know how to read a financial report? Or has everyone just surrendered their ability to think to the mainstream media?
Originally posted by centurion1211
Could there be a worse bit of PR for the oil companies than to have a picture of that gross looking fat guy smirking at all of us while he collects record profits from all of us?