Thread: How expensive could gas get?
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Old 06-12-2008, 10:20 PM   #38 (permalink)
Netphase
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Quote:
Originally Posted by Drake View Post
Oil companies are posting record earnings.

Exxon posts world-record earnings - USATODAY.com
They are posting record earnings, but they are making it in larger volumes rather than higher markups. Oil companies make a very small profit percentage compared to most other businesses.
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