-quakeguy-
-quakeguy- t1_j21dv15 wrote
Reply to comment by IAMACat_askmenothing in Exxon sues EU in move to block new windfall tax on oil companies by davetowers646
How about you open up morningstar, FT or whatever and look up margins around the world. Tons of farmers going out of business, grocery retail happy to make 4% net. Bars and restaraunts still reeling from covid.
It’s spectacularly difficult to earn much excess profit in a business area that has seen competition over literally millenia.
-quakeguy- t1_j211351 wrote
Reply to comment by [deleted] in Exxon sues EU in move to block new windfall tax on oil companies by davetowers646
Or you could, I dunno, look up actual profit margins and see whats common across the industry. But we can’t have facts getting in front of a juicy story now, can we?
-quakeguy- t1_j20zqia wrote
Reply to comment by [deleted] in Exxon sues EU in move to block new windfall tax on oil companies by davetowers646
Imagine being so fucking delusional you think food, which is literally the most competitive market in human history gets excessive profits.
How about you get yourself some Econ 101 book before continuing to be such an embarrasment?
-quakeguy- t1_j24jzkt wrote
Reply to comment by mitchellgh in Exxon sues EU in move to block new windfall tax on oil companies by davetowers646
And you are very clearly afraid to do your own research, since facts could upend your worldview and we can’t have that, right?