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Congress's unsound fury over Big Oil

csmonitor.com — With this summer's high gas prices, Americans are trading in their traditional vacations for "staycations" – vacations much closer to home. But compared with other things Americans might do, driving is still a bargain. Consider, for example, the costs of going to a movie...

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  • Troika37, on 08/07/2008, -0/+2In the first quarter of 2008, Big Oil had a profit margin of 7.4 percent. Over that same period, the pharmaceutical and medicine industry earned a 25.9 percent profit, the chemical industry earned 15.7 percent and the electronic equipment industry earned 12.1 percent.

    What about those movie theater refreshments? Four large popcorns and four large sodas cost $31.50. The total raw ingredient cost is approximately $7.56. That equals a 76 percent gross margin. Where is the political outrage over that figure?
  • DanThePainter, on 08/07/2008, -0/+0So, don't take the kids to interesting places. Just set them in front of yet another screen.
  • Cyberpoop, on 08/07/2008, -3/+3Well, there you have it! Why go to a movie with your family when you could spend that same amount of money driving for 10 hours on the interstate!? It's a no-brainer! In fact, why go out to eat when you could be spending that money on GASOLINE? Hell, why eat at all? I LOVE YOU, PETROL!

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