wrote:
>
> --- In [email protected], "sparaig" <sparaig@> wrote:
> >
> > --- In [email protected], "shempmcgurk"
<shempmcgurk@>
> > wrote:
> > >
> > > --- In [email protected], "sparaig" <sparaig@>
wrote:
> > > >
> > > > --- In [email protected], "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.
> >
>
> Sounds "about" right...and, note, no great windfall...
>
40% increase in net profit over last year. SOunds like a "great
windfall" to me...
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