Quote Originally Posted by JD7.62 View Post
Why do we bitch when oil companies make really a very small % of profit/unit especially compared to other consumer goods?

I would love to own a company that sells a product as high in demand as oil, its not their fault. One day oil wont be in high demand and what ever the next form of energy is needed I can assure you that people will be complaining of those companies too!

I mean heck, we pay like $2.50 for a glass of sweet tea at a place to eat that cost them what, like 25cents?! Or what about those $4 beers at football games? You cant tell me that that isnt "price gouging!" Why arent we bitching about all that?

Ive never really complained about gas prices, after all its a product I need and I will pay what I have to to get it. If the price is too high to justify the cost I and every one else will find something else. So far it isnt.
Nice to hear someone who UNDERSTANDS basic economics..........Oil companies make less that 10 percent on GAS, while Kroger, Wal-Mart, Target, Meijer, etc, etc, etc...........all make an average of 30-40 percent on their products..........WHAT the crap is the difference.

Stop listening to the STUPID media, and take a class, or something. When you sell BILLIONS of ANYTHING, don't you think you're going to make some money........Hell, if KROGER sold a billion brooms, they'd make 45 or 50 billion in revenue also......but you know what.......there is NO demand for a BILLION brooms.........

Later,

Geo