Thanks for the facts Larry.
The comment:
"We need policies that change the market fundamentals and we
cannot rely on the oil companies to do the job their record of
underinvestment, mismanagement and deception teach us otherwise."
Is very unrealistic. Nothing will change because the oil industry won't
let it change. It would be bad for business.
Bryan
Larry McAfee wrote:
> Domestic Refining makes about 8%-9% profits. Grocery stores make 10-12%.
> Banks make 15%-20% profits. Pharmaceutical companies make 25-30% profit
> Why are you worried about Refiners ripping you off, everybody else is doing
> it more than Refiners!
>
> There is a little more to it than the % of profit. Check out this site and see
> what consumers union has to say about the oil rip-off.
> Larry Mac
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