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The pharmacuetical industry has a (avg) profit of 63%. Dozens of other industries are providing as much profit for their investors. So why is the oil indsutry's pissant 9.8% profit such a big deal? Why would anyone invest in a 10% profit company when they can triple their money in dozens of other companies?
Secondly, does anyone realize what a big player China is in the oil (and steel) industry? If private U.S. companies want to pay $50 a barrel for oil to keep our cost down, but the government of China will pay $65 a barrel, then what do you think the oil price will be? Do you really think us trying to take profits from the oil companies will affect China's decision on how much to pay for oil, thus setting a reference cost for the world?
Why don't more people complain about the obscene profits Iran, Saudi Arabia, Venezuala, et.al., make on the sale of their oil or how they are using those profits to support terrorism?

2007-03-11 03:28:54 · 3 answers · asked by John 2 in News & Events Current Events

3 answers

a lot of people complain, but the news channels wouldn't report on it, cause if they would they get threatened buy those oil company's and they will stop advertising.

here is another good one,
why is there no sale tax on pharmaceutical?
if there would be, the government could control the profits a lot easier

2007-03-11 04:14:44 · answer #1 · answered by Anonymous · 0 0

i presume that to read which has the highest [gross] return
phamocology leads [consider its all in house]
they buy and own the petrochemical [owned by]
that own the mining [resourch exploitation]
thus those that exploit natural resourches must pay for stealing from god [who created and owns it ] and gods people [that god created ;ie life ,/living things] must be protected and compensated the theft of thier recourse
it seems there is a pressure on to loot it before god /and his people know its all stolen and despoiled
how many more must die to possess the latest nick knack

2007-03-11 08:15:26 · answer #2 · answered by Anonymous · 0 0

oil and/or drugs are way up on the list.

2007-03-11 08:29:16 · answer #3 · answered by cadaholic 7 · 0 0

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