--- In FairfieldLife@yahoogroups.com, "sparaig" <[EMAIL PROTECTED]> wrote:
>
> --- In FairfieldLife@yahoogroups.com, "shempmcgurk" <shempmcgurk@>
> wrote:
> >
> > --- In FairfieldLife@yahoogroups.com, "sparaig" <sparaig@> wrote:
> > >
> > > --- In FairfieldLife@yahoogroups.com, "shempmcgurk"
> <shempmcgurk@>
> > > [...]
> > > > On a $3.00 price of a gallon of oil, 84.6 cents is a
> contribution
> > > > margin of about 29%.
> > > >
> > > > Hardly a windfall...
> > > >
> > >
> > > Hmmmm... The company made $36 billion in net profits. If you're
> > > correct, it sold what, a trillion gallons of gas last year?
> > >
> >
> > Assuming all of the $328 billion revenue they had was from retail
> sale
> > of gas at the pumps, and assuming an average price of $2.50 at the
> > pumps then that would be about 130 billion gallons of gas sold AT
> THE
> > MOST.
> >
>
> So they made $(36/130) or $0.27 per gallon sold according to you.
>

+++ As a side issue, I haven't heard much about the waste of petroleum
rescources that go into making usless plastic landfill-serious BS.






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