Re: Oil profits: rent?


Dan in Philly wrote:
> I almost hate to ask this in this group - could lead to a lot of
> monologues - but maybe someone knows the answer:
>
> Oil companies have made big profits lately. How much of that is due to their
> owning oil wells? (as opposed to profits from refining, transporting, etc).

none of it. Since the idiots are like economists and MBAs, not a
technolically advanced
type of civilization. The only thing the idiots own are hummvees,
Sears Welding Equipment. and drilling rigs.
They don't even own oil rigs or computers.





>
> Citations would be appreciated; I googled but couldn't find anything. TIA.

Oil Compines only make any profit, because
plastic surgeons a profit, not because Bush makes a profit.
So there is no citation.



> Dan in Philly

.

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