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[Radiomarko]

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!

[cem_devecioglu]

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!

  yep.. who does not

[Banjax]

yes, but are they happy? 

[Gaffers]

yes, but are they happy? 

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

[albitz]

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.

[Dishevelled Den]

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. :-? 

[Kevin Wood]

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?

Kevin

[Lazydocker]

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

[Vamps]

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