Date:         Sun, 30 Jul 2006 11:40:28 -0400
Reply-To:     Edward Maglott <emaglott@BUNCOMBE.MAIN.NC.US>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Edward Maglott <emaglott@BUNCOMBE.MAIN.NC.US>
Subject:      Re: gas prices (again)
In-Reply-To:  <979e9fd4f78891681744ab6b01dc3d7e@bluemarble.net>
Content-Type: text/plain; charset="us-ascii"; format=flowed

I heard last week on NPR that between refining profit and profit at the
pump, the oil companies make about $0.66/gal.
Edward

At 11:29 AM 7/30/2006, Neal Barrentine wrote:
>On Jul 29, 2006, at 11:00 PM, Automatic digest processor wrote:
>
>>oil company profits obscenely
>>high.  Where is the outrage?  Where is the organized resistance?
>        I'm not a big fan of oil companies, but how much money would you
>charge to turn something that is deep underground into a readily
>available liquid that we just put in our cars? I know for a fact that I
>would have to spend millions of dollars just to produce one barrel of
>crude oil, let alone a gallon of gasoline. I'm not a scientist, but I
>bet that the companies that sell soft drinks and bottled water, just as
>an example, don't make any less profit than oil companies. But of
>course it would be helpful to look at the big picture over time, who
>took the bigger risk, who benefits the most people with their products,
>etc, in order to reach a logical conclusion about how much is too much
>profit. Most people will probably say too much equals more than I have.
>Sad.
>
>Neal Barrentine
>Bloomington, Indiana
>1986 GL
>1960 Baja Bug