posted on Oct, 10 2013 @ 03:39 PM
Something that seems to not have been mentioned is the very low PROFIT MARGIN of Oil Companies.
They are in the 2-3% range. A company of $350Billion earning $9Billion a year is not a whole lot of money. That means it is spending some outrageous
amount of money just to keep doing business.
People need to become investors, and not a bunch of lunatic socialist conspiracy theorists. If you don't like the "profits" then buy the company
and share in the profits.