Re: <offtopic> Oil Companies Profit

From: Michael Meyerhoff (mmeye@kcnet.com)
Date: Tue May 22 2001 - 17:35:54 EDT


This is probably the "sum of each companies profit" divided by "total # of
gallons of gas sold"

THEY DO NOT make 53cents on every gallon of gas sold. Crude oil is refined
into many by-products of which one happens to be gasoline. So they are
making money off of asphalt, diesel, polymers, .... Gasoline profits are
only a fraction of there income.

Not defending them, but I don't see them making 53cents pure profit on a
gallon of gasoline.

mm

At 06:44 AM 5/22/2001 -0700, you wrote:
>It was reported last night that the oil companies profit this year per
>gallon of US gasoline is now 53 cents per gallon...CRRRRRRRAAAAAAAPPPPPP!!
>Where is Mike C at!!!
>
>--------------------------------------
>Steven St.Laurent
>System Engineer (IOW/IOS-NT)
>PSD, MCTSSA
>MARCORSYSCOM, USMC
>(Work) 760-725-2506 (DSN: 365)
>(Work) mailto:stlaurents@mctssa.usmc.mil
>(Home) mailto:saint1958@home.com
>"In fact, my work has already proven
>itself to be correct. People such
>as you just haven't gotten it yet.
>(unknown author)



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