

| Subject: | Re: gas prices (again) |
| From: | Edward Maglott |
| Date: | Sun, 30 Jul 2006 11:40:28 -0400 |
I heard last week on NPR that between refining profit and profit at the pump, the oil companies make about $0.66/gal. Edward At 11:29 AM 7/30/2006, Neal Barrentine wrote: >On Jul 29, 2006, at 11:00 PM, Automatic digest processor wrote: > >>oil company profits obscenely >>high. Where is the outrage? Where is the organized resistance? > I'm not a big fan of oil companies, but how much money would you >charge to turn something that is deep underground into a readily >available liquid that we just put in our cars? I know for a fact that I >would have to spend millions of dollars just to produce one barrel of >crude oil, let alone a gallon of gasoline. I'm not a scientist, but I >bet that the companies that sell soft drinks and bottled water, just as >an example, don't make any less profit than oil companies. But of >course it would be helpful to look at the big picture over time, who >took the bigger risk, who benefits the most people with their products, >etc, in order to reach a logical conclusion about how much is too much >profit. Most people will probably say too much equals more than I have. >Sad. > >Neal Barrentine >Bloomington, Indiana >1986 GL >1960 Baja Bug
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