From: "Gary Britt" 

Plus the big oil companies profits are reported on a consolidated basis, so
all these different levels of claimed by George profitability get rolled
into the numbers released/audited from the parent oil company, and they
still don't have profit margins as a percentage of sales equal to the
average manufacturing corporation.

Gary

"Gary Wiltshire"  wrote in message
news:op.s6o517smeipai0{at}dsl40.bgtnvtpl.sover.net...
> On Sun, 19 Mar 2006 20:28:27 -0500, Geo  wrote:
>
> > "Gary Wiltshire"  wrote in message
> > news:op.s6otb2tgeipai0{at}dsl40.bgtnvtpl.sover.net...
> >
> >>  From what I've read the margins on oil aren't out of line with the
> > profits
> >> on other kinds of products.  What should make anyone sit up and look is
> >> that the taxes the feds and the states collect on each gallon DWARFS
the
> >> profit per gallon.
> >
> > That kinda depends on how you define profit doesn't it?
> >
> > Is "profit" what the gas station makes, what the
refinery makes, what
the
> > company who picks up the oil from the well down the street makes or what
> > the
> > farmer down the street gets for allowing the well on his land?
> >
> > If in my example there are 4 different entities making profit and in
> > another
> > example it's all controlled from ground to your gas tank by one company
> > does
> > that change your definition of "profit"?
> >
> > Geo.
> >
> >
>
> How does that differ from the many, many people who make a profit on the
> manufacture of an automobile or raising watermelons?
>
> --
> Gary Wiltshire

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