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hughee99

(16,113 posts)

2. So they're making about 27 cents per gallon

Reply to ProSense (Original post)

Sun Apr 29, 2012, 04:26 PM

Apr 2012

on a roughly $4 gallon of gas? I don't think that 6% profit margin is going to gin up as much outrage as you think. The federal government is making about .18 cents per gallon and my own state of Massachusetts is making roughly another .23 cents on that same gallon of gas.

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Math: Exxon profit and gas consumption [View all] ProSense Apr 2012 OP

Kick! n/t ProSense Apr 2012 #1

So they're making about 27 cents per gallon hughee99 Apr 2012 #2

I suppose ProSense Apr 2012 #3

Do virtually any search on Exxon's profit margin hughee99 Apr 2012 #4

What ProSense Apr 2012 #6

The profit margin is roughly 6-10% hughee99 Apr 2012 #8

Well, ProSense Apr 2012 #12

and how many roads and highways has Exxon built lately? rfranklin Apr 2012 #5

Welll if your concern is about the price of gas hughee99 Apr 2012 #7

Why are you concerned about Exxon? rfranklin Apr 2012 #9

I'm not concerned at all about exxon, hughee99 Apr 2012 #10

Nonsense. ProSense Apr 2012 #11

Not quite. Angleae Apr 2012 #13