Go on fill the Omega up you know you want to!

http://royaldutchshellplc.com/2011/02/03/shell-makes-nearly-1-6m-profits-every-hour/

Amusing website too!

Radiomarko wrote on 03. Feb 2011 at 16:30:

Go on fill the Omega up you know you want to! http://royaldutchshellplc.com/2011/02/03/shell-makes-nearly-1-6m-profits-every-hour/ Amusing website too!

;D ;D ;D yep.. who does not ;D :y

yes, but are they happy?  ;D

Banjax wrote on 03. Feb 2011 at 16:44:

yes, but are they happy?  ;D

You know, I'd be miserable making over £1m in profit an hour

I doubt that the majority of that comes from filling station forecourts tbh. It is quite a diverse company.
Lets hope a nice big wedge of it will be going into the coffers of HM treasury = deficit reduction. ;)
I do hope we (as a country) are not slowly reverting to the old 70,s lefty mindset, when profit was a dirty word. ::)

Shell makes the vast bulk of its profits on the “upstream” side of the business — producing oil and gas — rather than the “downstream” refining and petrol sales. The company usually claims to be making very little out of pump sales pointing out that around 70% of the price is made up of government duties.


That snippet from the Guardian article may well help many understand just how a concern like Shell can make this level of profit - from my perspective it does not help me understand why I had to pay £550 yesterday for the 1000 litres of heating oil I topped up my tank with.

Incidentally while on a trip last week into the dark lands of a certain county I caught sight of a sign outside a small service station announcing that the unleaded fuel they were selling was 1.99 per litre. :-? 

Desperate Den wrote on 03. Feb 2011 at 17:44:

Shell makes the vast bulk of its profits on the “upstream” side of the business — producing oil and gas — rather than the “downstream” refining and petrol sales. The company usually claims to be making very little out of pump sales pointing out that around 70% of the price is made up of government duties. That snippet from the Guardian article may well help many understand just how a concern like Shell can make this level of profit - from my perspective it does not help me understand why I had to pay £550 yesterday for the 1000 litres of heating oil I topped up my tank with. Incidentally while on a trip last week into the dark lands of a certain county I caught sight of a sign outside a small service station announcing that the unleaded fuel they were selling was 1.99 per litre. :-?

That which is "upstream" soon becomes "downstream", surely? Who are they trying to fool? ;D

Kevin

Desperate Den wrote on 03. Feb 2011 at 17:44:

Shell makes the vast bulk of its profits on the “upstream” side of the business — producing oil and gas — rather than the “downstream” refining and petrol sales. The company usually claims to be making very little out of pump sales pointing out that around 70% of the price is made up of government duties. That snippet from the Guardian article may well help many understand just how a concern like Shell can make this level of profit - from my perspective it does not help me understand why I had to pay £550 yesterday for the 1000 litres of heating oil I topped up my tank with. Incidentally while on a trip last week into the dark lands of a certain county I caught sight of a sign outside a small service station announcing that the unleaded fuel they were selling was 1.99 per litre. :-?

Me too :'( :'( :'(

Bet the price crashes again next week ::) ::)

Lazydocker wrote on 03. Feb 2011 at 21:16:

Desperate Den wrote on 03. Feb 2011 at 17:44: Shell makes the vast bulk of its profits on the “upstream” side of the business — producing oil and gas — rather than the “downstream” refining and petrol sales. The company usually claims to be making very little out of pump sales pointing out that around 70% of the price is made up of government duties. That snippet from the Guardian article may well help many understand just how a concern like Shell can make this level of profit - from my perspective it does not help me understand why I had to pay £550 yesterday for the 1000 litres of heating oil I topped up my tank with. Incidentally while on a trip last week into the dark lands of a certain county I caught sight of a sign outside a small service station announcing that the unleaded fuel they were selling was 1.99 per litre. :-?  Me too :'( :'( :'( Bet the price crashes again next week ::) ::)

I pais 3ppl less today than I did last friday for petrol....same garage....stil 125.9 though :( :(