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Author Who said oil companies are greedy?
sand-eel
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Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
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25th Mar 10 at 22:39   View User's Profile U2U Member Reply With Quote
The garages and oil companies >"combined"< profit is only 4.5p a litre , 74p goes to the government straight away and the rest production costs.

that is all.
K3 VMU
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Registered: 28th Jul 06
Location: Portlethen, Aberdeen,ken
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25th Mar 10 at 22:43   View User's Profile U2U Member Reply With Quote
i am away to be getting paid for sitting sunning it up in singapore, with a beer in hand and 4 ladyboys....


thats why petrols so expensive, they have to pay for the likes of us


thats what my dad always says to me
SVM 286
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Registered: 13th Feb 05
Location: pain
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26th Mar 10 at 21:24   View User's Profile U2U Member Reply With Quote
?
Root
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Registered: 28th Dec 08
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26th Mar 10 at 21:27   View User's Profile U2U Member Reply With Quote
That said, look at Dubai, the richest country in the world from oil and a truely fascinating place. Now think about how much money the government have got from fuel and wasted. Sickening.
Nath
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Registered: 3rd Apr 02
Location: MK
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26th Mar 10 at 21:28   View User's Profile U2U Member Reply With Quote
http://www.dailymail.co.uk/news/article-511387/Shells-obscene-13-9billion-profit-biggest-British-company.html
Nath
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Registered: 3rd Apr 02
Location: MK
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26th Mar 10 at 21:28   View User's Profile U2U Member Reply With Quote
BTW, thats old, but you get the idea.
sand-eel
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Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
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26th Mar 10 at 21:32   View User's Profile U2U Member Reply With Quote
Think of the millions of gallons they sell, to cars, planes, ships though and demand is increasing, so I don't see any surprise in massive profits....but they don't charge much per litre.
Nath
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Registered: 3rd Apr 02
Location: MK
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26th Mar 10 at 21:32   View User's Profile U2U Member Reply With Quote
Still too much. Who needs to make that much profit? Some people are getting seriously rich off everyone else.

[/jealous]
Nath
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Registered: 3rd Apr 02
Location: MK
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26th Mar 10 at 21:33   View User's Profile U2U Member Reply With Quote
And thats one oil company out of loads.
sand-eel
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Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
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26th Mar 10 at 21:36   View User's Profile U2U Member Reply With Quote
In 2006 the government made £30 billion just from fuel.
sand-eel
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Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
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26th Mar 10 at 21:37   View User's Profile U2U Member Reply With Quote
Bp made 2p a litre, not much to ask IMO.
stuartmitchell
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Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
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26th Mar 10 at 22:49   View User's Profile U2U Member Reply With Quote
Sand eel, totally agree with you and just look at the cost of actually getting oil out the ground and making petrol too.

To get oil from a new field (subsea) costs can be in the hundreds of billions and it's a major gamble too!!So 2p a litre profit is fuck all really!

Also, while i'm on my high horse A litre of water can cost more
jamied
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Registered: 27th Oct 03
Location: Marbella,Spain Drives: C63
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26th Mar 10 at 22:52   View User's Profile U2U Member Reply With Quote
yeh who said that ?
http://www.thisislondon.co.uk/standard-business/article-23522902-bp-profits-soar-to-42m-a-day-as-the-oil-price-doubles.do
http://news.bbc.co.uk/2/hi/8491892.stm

[Edited on 26-03-2010 by jamied]
antnee
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Registered: 30th Dec 07
Location: Cov Drives: Clio 197
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27th Mar 10 at 10:30   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by sand-eel
In 2006 the government made £30 billion just from fuel.


I would think that would be more! At 74p a litre!
Colin
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Registered: 4th Apr 02
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27th Mar 10 at 11:44   View User's Profile U2U Member Reply With Quote
The forecourts not where the moneys made, its made upstream producing oil & gas & downstream refining it into a sellable product.

The garages, which are franchises anyway probably make more money selling chocolate bars & Sun newspapers.
Gaz
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Registered: 24th Aug 03
Location: Widnes, Cheshire
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27th Mar 10 at 11:46   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Root
That said, look at Dubai, the richest country in the world from oil and a truely fascinating place. Now think about how much money the government have got from fuel and wasted. Sickening.


Am I right is saying that Dubai is on borrowed time anyway? I thought that they owed a shed load in debt?
Colin
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Registered: 4th Apr 02
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27th Mar 10 at 11:50   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by stuartmitchell
Sand eel, totally agree with you and just look at the cost of actually getting oil out the ground and making petrol too.

To get oil from a new field (subsea) costs can be in the hundreds of billions and it's a major gamble too!!So 2p a litre profit is fuck all really!

Also, while i'm on my high horse A litre of water can cost more


Yeah no one questions coca-cola selling bottles of coloured water & sugar for 1.50 a litre do they?

Our last drilling campaign cost 90 million & we produced nothing but sand & water, our new subsea tie-back has shrunk from a 10kbr/day producer to now just 2kbr/day & as it stands looks like their not going to bother with completions as its not viable. Drill rigs fucked off without well testing anyway. I hate to think how much thats cost, including the loss of production weve already taken due to topsides hook up causing problems.

Big money business needs big profit, otherwise, they just woudnt bother!!
alan-g-w
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Registered: 9th Nov 07
Location: Glasgow
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27th Mar 10 at 13:45   View User's Profile U2U Member Reply With Quote
Whos buys 40+ litres of Coke a week though?
CORSA NUT
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Registered: 3rd Aug 01
Location: Wirral
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27th Mar 10 at 14:18   View User's Profile U2U Member Reply With Quote
Dubai rich?? Errrrrrrr no
Colin
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Registered: 4th Apr 02
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27th Mar 10 at 15:16   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by alan-g-w
Whos buys 40+ litres of Coke a week though?


That wasnt the point i was trying to make.

SVM 286
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Registered: 13th Feb 05
Location: pain
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27th Mar 10 at 17:09   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by alan-g-w
Whos buys 40+ litres of Coke a week though?


Small Off-Licences and convenience shops?
ed
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Registered: 10th Sep 03
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27th Mar 10 at 17:53   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by CORSA NUT
Dubai rich?? Errrrrrrr no
Just what I was thinking

 
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