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Old November 8th 07, 12:04 PM posted to rec.aviation.piloting
kontiki
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Posts: 479
Default $98 per barrel oil

Judah wrote:


Furthermore, it has been documented that oil companies and oil refineries
were absorbing some of the increased costs of oil when all of this started in
04 and 05... However, it has also been documented that oil companies have
increased their profit margins substantially since that time. San Francisco
Chronicle, for example, reported in March that oil refineries had DOUBLED
their profit margins...


Obsessing with profit margins of various companies doesn't solve
any problems. That seems to be the only problem that anyone really
worries about theses days though. Pretty sad.