Originally Posted by Midtowner

Pure hyperbole, really. The single most ridiculous post ever? That's a mighty tall order for this BBS.

How much profit is too much profit?

While making record profits, dollar-wise, Exxon has also spent record amounts of money. Their profit margin is only 10% or so which is well below what many industries receive.

The Valdez penalties??? WTF? Sure, the court ruled in maritime law that punitive damages of the magnitude of 100's to 1000's of times the amount of actual damages are excessive and unconstitutional. It was a good ruling. I'm sure some folks are upset that it benefited an oil company. At any rate, that's off topic, and federal common law, so it is really neither here nor there for most of us.