moving0target
Active member
Item:
http://www.nrdc.org/water/drinking/bw/chap2.asp
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Source:
http://www.conocophillips.com/newsroom/other_resources/energyanswers/oil_profits.htm
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Why aren't consumers hacked off at companies that bottle water? .50 per gallon profit is outrageous! It's certainly just a bit more than the .09 cents per gallon "big oil" rakes in.
Perhaps if US consumers used 23,730,000,000 gallons of water per day this would be an issue. As it is, I call for a nationwide boycott of Pepsi Co. and the Coca-Cola company. :sarc:
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Source:[FONT=arial,helvetica,sans-serif]Since expunging these blotches on its image of purity, the industry has exploded, with the market now growing at a strong rate of 8 to 10 percent per year -- about twice as fast as the rate for other beverages. [40] According to industry stock analysts, "the profit margins in the business are really pretty good" -- for some bottlers in the neighborhood of 25 to 30 percent. [41] That means every $1.50 bottle of water brings around $0.50 in profit. The actual cost of the water in the bottle purchased off a store shelf is generally just a fraction of a cent to a few cents. [42] Thus, typically 90 percent or more of the cost paid by bottled water consumers goes to things other than the water itself -- bottling, packaging, shipping, marketing, retailing, other expenses, and profit. As the then-chairman of the board of the Perrier Corporation stated in a remarkable moment of candor, "It struck me . . .that all you had to do is take the water out of the ground and then sell it for more than the price of wine, milk, or, for that matter, oil." [/FONT]
http://www.nrdc.org/water/drinking/bw/chap2.asp
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[/FONT]An industry-wide study in the late 1990s showed that oil industry profits amounted to an estimated 7.3 cents on each gallon sold.1 More recently, ConocoPhillips reported that during the third quarter of 2005 earnings from its U.S. refining and marketing operations amounted to 9 cents per gallon. This compares with a national average retail price of $2.60 per gallon during the third quarter, the period of highest gasoline prices in 2005.
Source:
http://www.conocophillips.com/newsroom/other_resources/energyanswers/oil_profits.htm
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Why aren't consumers hacked off at companies that bottle water? .50 per gallon profit is outrageous! It's certainly just a bit more than the .09 cents per gallon "big oil" rakes in.
Perhaps if US consumers used 23,730,000,000 gallons of water per day this would be an issue. As it is, I call for a nationwide boycott of Pepsi Co. and the Coca-Cola company. :sarc:
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