[Chevelle-list] [Fwd: Oil reserves in US]

[Dave Corgill]

At 11:23 AM 4/5/2008, you wrote:
 >Although the oil companies profits seem high in dollars, it is less
 >than 10% of their total revenue which is not excessive and much less
 >than many other Corporations. Its taxes and Crude cost that drives
 >price. We need to drill where we find it here in the states and the
 >cost will come down.


Yes wal*mart makes more than 10%.

If you watch all of this you will know why.

http://video.google.com/videoplay?docid=3340274697167011147