[PRCo] Re: Excess Profits - Oil Companies

[Herb Brannon]

Who did you hear this from? 
Fred Schneider <fwschneider at comcast.net> wrote:  Just heard an interesting news item on television. We all know that 
Hillary wants to take the 18 cents a gallon Federal tax from the oil 
companies' excess profits. Now what I heard was that the average 
profit on a gallon of gasoline is 8 cents to the producer! Only two 
percent! Would you buy stock in a business that has only a two 
percent return on sales?




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