[PRCo] Re: Excess Profits - Oil Companies

[Fred Schneider]

Comcast's news service.

On May 22, 2008, at 12:51 AM, Herb Brannon wrote:

> 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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> Greetings From The United States North Coast
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>   Time Is The Fire In Which We Fry
>   Unknown Author
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