Value Microcaps Motherboard

[cliffvb]

Len-windfall oil profits

I took another look at Exxon, and it took $100 Billion in Revenues to make that $10 Billion in net profits. A 10% profit margin does not seem obscene to me especially considering that OG prices were at record highs in the quarter. I agree that government incentives to increase production are important but not by still more taxes. Open up more areas for exploration, reduce red tape bogging down future projects, and the like but government should keep their greedy grubby fingers off our oil stock profits!