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2008-02-12 Home Front Economy

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Posted by Deacon Blues 2008-02-12 19:53|| || Front Page|| [7 views ] Top

#1 Of Chevron's record $18.7 billion profit, $14 billion is being re-invested in new projects, with only $4.7 billion distributed to investors as dividends - that's less than 3% immediate return on investment, the other 9% will only be paid if the projects 'work'. The total of about 12% is only 'average' compared to other kinds of businesses.

Posted by Glenmore">Glenmore 2008-02-12 23:25|| 2008-02-12 23:25|| Front Page Top

#2 And one of the oil companies (probably ExxonMobile) pays $27 billion in taxes already. More than the lowest income 65,000,000 people combined.

Posted by Rambler in California">Rambler in California 2008-02-12 23:43|| 2008-02-12 23:43|| Front Page Top

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