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Thread: Ford, bring your fuel-sippers stateside!!!

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    Quote Originally Posted by MrFishingToughGuy View Post
    Eric,
    There seems to be an undercurrent of discontentment on this particular forum lately. As for the original post prompting politicized responses, I guess it just goes to show how much pull the richest industry in this country has. That's a verifiable fact, not speculation and certainly not a conspiracy theory.
    The richest industry(i assume you are refering to oil) averaged a 7.6% profit.

    By comparison, if you throw out the dismal auto industry, all other industries in the US averaged a profit of 9.2%

    Oil industries in the united states last year made about 1.5% less per dollar invested than the average industry.

    here is one site, although google turns up alot more
    http://www.usnews.com/articles/busin...-windfall.html




    Oil prices are regulated by supply and demand, the same as all other industries, they dont have some "magical pull" that helps them make money. Its just their industry has the most demand currently. So they can make the most profit, even though their profit margin is below average.
    Last edited by MTSkibum; 06-13-2008 at 02:05 AM.

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