Omega Owners Forum - Shell makes nearly £1.6m profits every hour....

Radiomarko Intermediate Member Offline Posts: 323 Sunny Devon Gender: Drives: 1997 2.5 TD CD manual Saloon.	Shell makes nearly £1.6m profits every hour.... 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-h... Amusing website too!
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cem Omega King Offline Posts: 13920 Ankara/Turkey Gender: Drives: 97 2.5 V6 Manual CD- Clio Sport	Re: Shell makes nearly £1.6m profits every hour.... Reply #1 - 03. Feb 2011 at 16:36 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-h... Amusing website too! yep.. who does not
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Banjax Omega Lord Offline We're just a virus with shoes Posts: 5591 Perth Gender: Drives: '04 Subaru Legacy Sport, '03 406 diesel	Re: Shell makes nearly £1.6m profits every hour.... Reply #2 - 03. Feb 2011 at 16:44 yes, but are they happy?
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Guffer Omega Lord Offline Music to watch girls by.... Posts: 6142 Hampshire Gender: Drives: R Reg 2.5V6 Omega ELITE & P reg Omega 2.5 V6 CDX	Re: Shell makes nearly £1.6m profits every hour.... Reply #3 - 03. Feb 2011 at 16:59 Banjax wrote on 03. Feb 2011 at 16:44: yes, but are they happy? You know, I'd be miserable making over £1m in profit an hour
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Albs

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Re: Shell makes nearly £1.6m profits every hour....
Reply #4 - 03. Feb 2011 at 17:23

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. Wink

I do hope we (as a country) are not slowly reverting to the old 70,s lefty mindset, when profit was a dirty word. Roll Eyes

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« Last Edit: 03. Feb 2011 at 17:24 by Albs »

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Desperate Den

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Re: Shell makes nearly £1.6m profits every hour....
Reply #5 - 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. Huh

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Kevin Wood

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Re: Shell makes nearly £1.6m profits every hour....
Reply #6 - 03. Feb 2011 at 19:33

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. Huh

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

Kevin

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Lazydocker

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Re: Shell makes nearly £1.6m profits every hour....
Reply #7 - 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. Huh

Me too

Bet the price crashes again next week Roll Eyes

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Vamps

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Re: Shell makes nearly £1.6m profits every hour....
Reply #8 - 03. Feb 2011 at 22:25

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. Huh