by
rossp
Oct 02, 2009
My point is that statistics do not tell the whole story. IIRC, several oil companies have had record profits in recent years, dwarfing the profits of companies in other industries. In any case, ROI is a more accurate way to judge corporate profits than the amount of profit in each consumer dollar spent. Historically, grocery stores, for example, have among the lowest marginal profit rates but still rake it in because the turn-over is so high. (Many are in trouble now.) I believe oil companies are a pampered industry..